Wealth Generation in Greater Mankato

From 2010-2014, the Mankato-North Mankato MSA has the highest growth rate of Per Capita Personal Income among all Minnesota-based MSAs. This growth rate can represent a generation of wealth among the businesses and households within the marketplace.

Mankato-North Mankato also had the highest growth rate of total Personal Income and the third highest population growth. Dollar figures below are in “thousands.”

BEA econ stats2

By having the personal income increase the amount of savings (wealth) can increase for each household or individual.