Income & Economy in Stephen, MN

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

Income Overview

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

Median Household Income

$63,750

-13% vs national

Per Capita Income

$36,058

-3% vs national

Poverty Rate

12.4%

-9% vs national

Gini Index

0.3749

0 = perfect equality

Unemployment

3.1%

-41% vs national

SNAP Recipients

5.1%

of households

How Stephen Compares

Source: Census ACS (2023)

Stephen vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Stephen 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 Stephen. The median household income here is $63,750.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
19.9%
$25-50K
14.0%
$50-75K
19.1%
$75-100K
14.8%
$100-150K
22.0%
$150-200K
8.5%
$200K+
1.7%

Employment Snapshot

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

Unemployment Rate

3.1%

-32% vs MN avg

Labor Force

260

Employed

252

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+

20.6%

of adults 25+

High School Diploma+

47.5%

of adults 25+

Median Age

55.3

Work from Home

2.8%

of workers

The median household income in Stephen, MN is $63,750, which is 12.9% below the national average of $73,224. Per capita income is $36,058. The poverty rate of 12.4% is higher than the MN state average of 11.4%. The Gini index of income inequality is 0.3749, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.1%, compared to the state average of 4.5%. 20.6% of adults hold a bachelor's degree or higher.