1st Advantage MortgageIn Yellow Medicine County, Minnesota, the typical household earns $74,000 a year and the typical rent is $678. Whatever your own numbers, compare written offers on APR, fees and total cost, and verify the lender is licensed in Minnesota before sharing details.
On this page
- Who lives in Yellow Medicine County
- What Yellow Medicine County households earn
- The Yellow Medicine County job picture
- Housing costs in Yellow Medicine County
- Places inside Yellow Medicine County
- Neighboring counties at a glance
- Yellow Medicine County households compared
- Borrowing situations common in Yellow Medicine County
- What a median Yellow Medicine County budget can carry
- Lender oversight for Yellow Medicine County
- Steps before you apply in Yellow Medicine County
- More guides for Yellow Medicine County
- Frequently asked questions
Who lives in Yellow Medicine County
With an estimated 9,451 residents (ACS 2020 to 2024), Yellow Medicine County ranks 71st of 87 in Minnesota for population. It covers 759 square miles of land, or about 12 people per square mile. It sits outside every metropolitan statistical area in the July 2023 OMB delineation. Of the 8 Census places inside Yellow Medicine County, Canby leads by population with about 1,556; 8 of the 8 are incorporated. Because Yellow Medicine County is small, the survey's margins of error are wide; treat the numbers as approximate.
What Yellow Medicine County households earn
Half of Yellow Medicine County households take in less than $74,000 a year and half take in more, 17% below the Minnesota median of $89,062. Only 44 Minnesota counties post a higher median.
| Income band | Share in Yellow Medicine County | Difference from Minnesota |
|---|---|---|
| Under $35,000 | 20.4% | +3.1 pts |
| $35,000 to $99,999 | 45.3% | +7.2 pts |
| $100,000 to $199,999 | 26.6% | -4.1 pts |
| $200,000 or more | 7.7% | -6.2 pts |
The spread is wide: 34% of Yellow Medicine County households make $100,000 or more, and 20% make less than $35,000. Census counts 8.6% of Yellow Medicine County residents in poverty, against 9.3% across Minnesota. None of these numbers decides a Yellow Medicine County application. Lenders weigh your own documented income against your own debts.
The Yellow Medicine County job picture
The biggest employer of Yellow Medicine County residents, by industry, is education and health care at 26% of workers, followed by agriculture, forestry and mining (12%). Agriculture, forestry and mining stands out: 12% of workers here, versus 2% statewide. The survey's unemployment rate for Yellow Medicine County averages 3.5% over 2020 to 2024 (state: 4.1%). 10% of commuters travel 45 minutes or more each way, and 9% work from home. Households without a car make up 4.6% of the total (6.7% statewide).
| Industry | Share of Yellow Medicine County workers | vs Minnesota |
|---|---|---|
| Education and health care | 25.9% | +0.1 pts |
| Agriculture, forestry and mining | 12.2% | +10.1 pts |
| Retail trade | 11.8% | +1.1 pts |
| Manufacturing | 10.6% | -2.8 pts |
| Construction | 7.9% | +1.5 pts |
| Transportation, warehousing and utilities | 6.2% | +1.3 pts |
Industry shapes paperwork. Salaried and public jobs are easy to verify, while hourly, tipped, commission or contract earners in Yellow Medicine County should have bank statements and tax returns ready.
Housing costs in Yellow Medicine County
A typical Yellow Medicine County rental runs $678 a month including utilities, which is 47% below Minnesota. 30% of renting households spend 30% or more of income on rent, and 15% spend half or more. Home values center on $154,700, or 2.1 years of median income. The ownership rate is 84%.
| Yellow Medicine County | Minnesota | U.S. county median | |
|---|---|---|---|
| Median gross rent | $678/mo | $1,280/mo | $877/mo |
| Median home value | $154,700 | $329,300 | $185,300 |
| Owners | 84% | 72% | 75% |
| Rent-burdened renters | 30% | 48% | 45% |
| Burdened owners | 24% | 23% | n/a |
| Mobile homes | 2.1% | 2.9% | n/a |
| Vacant units | 9% | 9% | n/a |
In an owner-heavy county like Yellow Medicine County, many borrowers can also choose a home equity loan or line of credit. Those can price lower but put the house on the line, so compare the two in writing; our personal loan vs. HELOC guide walks through it.
Places inside Yellow Medicine County
The table lists the 8 largest of 8 Census places in Yellow Medicine County, by population. Together all 8 hold about 3,684 people, so roughly 61% of residents live outside any named place. Live in one of these Yellow Medicine County communities, or between them? This is your local guide.
| Community | Type | Residents | Household income (median) | Rent (median) | Distance |
|---|---|---|---|---|---|
| Canby | city | 1,556 | $58,365 | $588 | 20 mi |
| Clarkfield | city | 913 | $63,359 | $833 | 6 mi |
| Wood Lake | city | 368 | $65,000 | $628 | 17 mi |
| Hanley Falls | city | 248 | $61,563 | $630 | 12 mi |
| Echo | city | 197 | $70,833 | $617 | 23 mi |
| Porter | city | 191 | $56,667 | $931 | 16 mi |
| St. Leo | city | 153 | $62,083 | $920 | 9 mi |
| Hazel Run | city | 58 | $90,469 | $766 | 8 mi |
Neighboring counties at a glance
The six counties whose centers lie closest to Yellow Medicine County's, from 21 to 40 miles away. Lyon County leads the group on income ($75,303), Swift County trails ($60,412), and Yellow Medicine County out-earns 4 of the six.
| County | Distance | Median income | Median rent | Owners |
|---|---|---|---|---|
| Yellow Medicine County | - | $74,000 | $678/mo | 84% |
| Lyon County, MN | 21 mi | $75,303 | $781/mo | 72% |
| Lac qui Parle County, MN | 25 mi | $74,432 | $728/mo | 83% |
| Chippewa County, MN | 26 mi | $71,458 | $869/mo | 72% |
| Lincoln County, MN | 29 mi | $69,694 | $674/mo | 81% |
| Redwood County, MN | 37 mi | $67,866 | $757/mo | 78% |
| Swift County, MN | 40 mi | $60,412 | $920/mo | 72% |
Yellow Medicine County households compared
20% of Yellow Medicine County adults 25 and older hold a bachelor's degree or more. About 4% go without health insurance.
| Measure | Yellow Medicine County | Minnesota statewide | Typical U.S. county |
|---|---|---|---|
| Median age | 42.1 | 38.8 | 41.5 |
| Bachelor's or higher | 19.7% | 39.4% | 22.2% |
| No high school diploma | 7.2% | 6.1% | n/a |
| No health insurance | 3.9% | 4.7% | 7.8% |
| No vehicle | 4.6% | 6.7% | 5.4% |
| Work from home | 9.0% | 17.6% | 8.7% |
| Poverty rate | 8.6% | 9.3% | 13.2% |
| Unemployment (ACS) | 3.5% | 4.1% | 4.4% |
| Commute length | Yellow Medicine County |
|---|---|
| Under 15 min | 39.5% |
| 15 to 29 min | 33.1% |
| 30 to 44 min | 17.4% |
| 45 to 59 min | 6.0% |
| 60+ min | 4.0% |
Borrowing situations common in Yellow Medicine County
Where the Yellow Medicine County numbers stand out, and why it matters for a loan:
- Fraud. Gift cards, wire transfers or fees to unlock a loan mean walk away (report it).
- Consolidating cards in Yellow Medicine County. Compare the total repaid, not the monthly figure (how).
- Getting ready. Gather pay stubs or benefit letters before you apply (checklist).
What a median Yellow Medicine County budget can carry
How much room does a median Yellow Medicine County budget have? Take median income, subtract median rent, and check what is left under a few common debt-to-income limits.
- $74,000 a year is $6,167 of gross monthly income
- Housing at the median rent of $678 uses 11%
- Under a 36% cap, $2,220 total minus rent leaves $1,542
- At 43%, room after rent is $1,974 a month
Lenders set their own limits and look beyond the ratio. The DTI calculator uses your figures instead of Yellow Medicine County's.
Lender oversight for Yellow Medicine County
Before sharing details with a lender, a Yellow Medicine County resident can confirm its license with the Minnesota Department of Commerce. A CFPB complaint gets forwarded to the company for a response. More on Minnesota: Minnesota personal loans.
Steps before you apply in Yellow Medicine County
Quick steps for Yellow Medicine County:
- Write down what the expense costs; a smaller loan costs less.
- Compare the total repaid on every offer, not just the payment.
- A Minnesota license check takes minutes; do it first.
- Ask about early-payoff penalties.
More guides for Yellow Medicine County
The Minnesota guide covers the whole state.
Frequently asked questions
What does a typical Yellow Medicine County household make?
About $74,000 a year at the median (ACS 2020-24), 17% below the Minnesota median.
How does Yellow Medicine County rent compare with Minnesota?
$678 locally versus $1,280 for the state, 47% below.
What are the biggest places in Yellow Medicine County?
By population: Canby, Clarkfield, Wood Lake, Hanley Falls, Echo. The county has 8 Census places in all.
Does living in Yellow Medicine County change what I qualify for?
Not in our fit check, which uses only the amount, credit range, income and payments you enter, the same for a Yellow Medicine County resident as anyone. Lenders decide under fair-lending law.
Where can someone in Yellow Medicine County check a lender's license?
With the Minnesota Department of Commerce. If a lender is unlicensed or asks for a fee before funding, walk away.