Income & Economy in Mound, MN

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$91,370

+25% vs national

Per Capita Income

$73,295

+97% vs national

Poverty Rate

9.0%

-34% vs national

Gini Index

0.5366

0 = perfect equality

Unemployment

4.1%

-21% vs national

SNAP Recipients

8.7%

of households

How Mound Compares

Source: Census ACS (2023)

Mound vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Mound is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Mound. The median household income here is $91,370.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
17.9%
$25-50K
8.3%
$50-75K
10.9%
$75-100K
18.2%
$100-150K
12.4%
$150-200K
10.8%
$200K+
21.5%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

4.1%

-8% vs MN avg

Labor Force

5,358

Employed

5,137

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

32.1%

of adults 25+

High School Diploma+

50.2%

of adults 25+

Median Age

45.6

Work from Home

22.1%

of workers

The median household income in Mound, MN is $91,370, which is 24.8% above the national average of $73,224. Per capita income is $73,295. The poverty rate of 9.0% is lower than the MN state average of 11.4%. The Gini index of income inequality is 0.5366, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 4.1%, compared to the state average of 4.5%. 32.1% of adults hold a bachelor's degree or higher.