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2024 Compare Cities Economy:
Austin, TX vs Minneapolis, MN

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Highlights
- Household income in Minneapolis, is 11% less than it is in Austin and is 2% above the National Average.
- Austin unemployment rate is 5.1%.
- Minneapolis unemployment rate is 4.5%.

Economy
 Austin, TXMinneapolis, MNUnited States
 Unemployment Rate5.1%4.5%6.0%
 Recent Job Growth3.5%1.8%1.6%
 Future Job Growth47.0%36.7%33.5%
 Sales Taxes8.3%8.0%6.2%
 Income Taxes0.0%7.1%4.6%
 Income per Cap.$48,550$43,925$37,638
 Household Income$78,965$70,099$69,021
 Family Median Income$104,153$97,670$85,028
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 Est. Households By Income
 Austin, TXMinneapolis, MNUnited States
 Income Less Than 15K8.3%11.3%9.4%
 Income between 15K and 20K2.6%3.6%3.8%
 Income between 20K and 30K6.1%7.3%8.1%
 Income between 30K and 40K6.8%7.7%8.0%
 Income between 40K and 50K7.1%7.1%7.6%
 Income between 50K and 60K7.5%6.8%7.2%
 Income between 60K and 75K9.3%9.4%9.6%
 Income between 75K and 100K12.6%12.6%12.8%
 Income between 100K and 150K17.7%15.9%16.3%
 Income between 150K and 200K9.4%8.2%7.8%
 Income greater than 200K12.7%10.3%9.5%
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 Population By Occupation
 Austin, TXMinneapolis, MNUnited States
 Management, business, finance21.9%20.3%16.4%
 Engineering, computers, science13.1%10.4%6.5%
 Community, social services1.5%2.8%1.8%
 Legal2.1%2.0%1.2%
 Education, library6.6%7.8%6.2%
 Arts, design, media, sports, entertainment4.3%4.8%2.0%
 Healthcare practitioners and technology4.6%6.0%6.2%
 Healthcare support1.7%3.3%3.3%
 Firefighters, law enforcement1.0%0.8%2.1%
 Food preparation, serving5.6%6.4%5.4%
 Building maintenance2.9%3.0%3.6%
 Personal care2.5%2.3%2.6%
 Sales, office, administrative support19.1%17.7%20.9%
 Farming, fishing, forestry0.1%0.2%0.6%
 Construction, extraction, maintenance/repair6.1%3.1%8.1%
 Production, transportation, material moving7.0%9.1%13.1%

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Reviews for Austin    449 Reviews

This Year

Good place to visit.  More

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Austin is too expensive. Let's get that out of the way. Other than that it is a fun city. Ladybird Lake makes the city, imo. The ability to stand up paddle, kayak, walk  More

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The city continues to grow quickly, which a lot of people don't like. I get it, you fall in love with a city, and it's growing so fast that you don't recognize the same  More

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Reviews for Minneapolis    163 Reviews

Lived here since 2007. Great city. I would’ve gave it 5 stars but the winter weather ??. Great for many, I’m burned out on it. We’re the coldest major city in the US and  More

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It’s not Minnesota nice, it’s sardonic.. we know you’re full of **** but we will play along for a while, make you uncomfortable for attempting to pull one over on us..  More

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Over 3 years ago

I lived in Minneapolis (or St. Paul or Stillwater) for 20 years. Minneapolis is a very livable city. It has quality museums, good transportation, excellent healthcare,  More

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ZIPS IN AUSTIN, TEXAS
78745, 78753, 78741, 78748, 78744, 78704, 78758, 78759, 78749, 78723, 40 total
ZIPS IN MINNEAPOLIS, MINNESOTA
55407, 55406, 55414, 55408, 55411, 55418, 55404, 55419, 55417, 55412, 21 total

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