Income & Economy in Myrtle, MN

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

Income Overview

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

Median Household Income

$63,125

-14% vs national

Per Capita Income

$27,730

-25% vs national

Poverty Rate

0.0%

-100% vs national

Gini Index

0.2700

0 = perfect equality

Unemployment

0.0%

-100% vs national

SNAP Recipients

0.0%

of households

How Myrtle Compares

Source: Census ACS (2023)

Myrtle vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Myrtle 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 Myrtle. The median household income here is $63,125.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
7.7%
$25-50K
15.4%
$50-75K
38.5%
$75-100K
7.7%
$100-150K
30.8%

Employment Snapshot

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

Unemployment Rate

0.0%

-100% vs MN avg

Labor Force

20

Employed

20

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+

15.0%

of adults 25+

High School Diploma+

42.5%

of adults 25+

Median Age

42.0

Work from Home

5.0%

of workers

The median household income in Myrtle, MN is $63,125, which is 13.8% below the national average of $73,224. Per capita income is $27,730. The poverty rate of 0.0% is lower than the MN state average of 11.4%. The Gini index of income inequality is 0.2700, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.0%, compared to the state average of 4.5%. 15.0% of adults hold a bachelor's degree or higher.