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North Mankato: Economy & Jobs

North Mankato reports a median household income of $80,791 (about the same as Nicollet County median $79,756; 1.1× below Minnesota median $89,062), with homes at a median value of $262,100. The surrounding county supports 41,255 jobs (avg $56,997).

Income & Affordability

Median household income $80,791 — below the Minnesota median ($87,024). Poverty rate 4.5% (U.S. average ~12.5%). 18% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income3.2×
Affordability · Home Affordabilitymoderate
Affordability · Rent Pct Income13.6%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened18.5%
Affordability · Poverty Rate4.5%
Affordability · Property Tax Pct Income3.9%
Irs Income · IRS tax returns filed$32,300
Irs Income · Total Adjusted Gross Income (thousands)$2,331,751
Irs Income · Average AGI per return$72,190 (vs Minnesota $91,811)
Irs Income · Year2022
Income Estimate$88,393
Median Household Income$80,791 (vs Minnesota $87,024)
Poverty Rate4.5%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcewhite_collar
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelupper-middle
Economic Character · Median Income$80,791

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 2.0% — below the U.S. average of ~4%. 10% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min14.80
Commuter Profile · Work From Home Pct10.2%
Commuter Profile · Profilelive-work community
Employment · Avg annual employment (county)41,255
Employment · Total annual wages (county)$2,351,422,573
Employment · Average annual pay$56,997
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment2,881,100
Unemployment Rate2.0% (vs Minnesota 2.8%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms850
Agriculture · Land In Farms Acres478,133
Agriculture · Avg Farm Size Acres562.50
Agriculture · Top CommoditiesCrop Totals, Grain, Animal Totals, Hogs, Corn
Agriculture · Year2022
Business Patterns · Establishments (employer count)1,971
Business Patterns · Total Employees34,707
Business Patterns · Annual Payroll Thousands1,620,313
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores6
Local Businesses · Liquor Stores7
Local Businesses · Gas Stations23
Local Businesses · General Merchandise3
Local Businesses · Clothing Stores12
Local Businesses · Pet Stores3
Local Businesses · Electronics Stores5
Local Businesses · Home Centers3

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants56
Dining Scene · Fast Food59
Dining Scene · Bars8
Dining Scene · Coffee Snacks19

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (2)

Pioneer Bank
NORTH MANKATO BRANCH · 1735 Commerce Dr · 56003
Frandsen Bank & Trust
NORTH MANKATO MAIN BRANCH · 240 Belgrade Ave · 56003

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

Casey's 2220
Convenience Store · 1375 Lookout Dr
Kwik Trip 615
Convenience Store · 1740 Commerce Dr
Dollar Tree 5417
Other · 1750 Commerce Dr
Andy's Mini Mart
Other · 1711 Lor Ray Dr
Speedway 7027
Convenience Store · 201 WEBSTER AVENUE
Nearest Snap · NameCasey's 2220
Nearest Snap · Total In Area8

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameCHAMBER OF COMMERCE OF BLUE EARTH

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$365,508,268
Federal Spending · Per Capita5,288.64 (vs Minnesota $8,335)
Federal Spending · Population69,112 people (vs Minnesota 32,889)

Sources: USAspending API

Other

Pct Drove Alone75.3%
Pct Public Transit3.3%
Pct Walked10.2%
Retirement Score · Median age38.5 years (vs Minnesota 37.5y)
Retirement Score · Ss Household Pct27.6%
Retirement Score · Hospitals Nearby1
Retirement Score · Va AccessYes
Retirement Score · Factorshospital access, VA nearby
Retirement Score · Ratingfair

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12