Home / Select Cities  /  2024 Comparing Minneapolis, MN vs. Newark, NJ

2024 Compare Cities Economy:
Minneapolis, MN vs Newark, NJ

Change Cities
Highlights
- Household income in Newark, is 41% less than it is in Minneapolis and is 67% below the National Average.
- Minneapolis unemployment rate is 4.5%.
- Newark unemployment rate is 13.0%.

Economy
 Minneapolis, MNNewark, NJUnited States
 Unemployment Rate4.5%13.0%6.0%
 Recent Job Growth1.8%-0.7%1.6%
 Future Job Growth36.7%18.1%33.5%
 Sales Taxes8.0%6.6%6.2%
 Income Taxes7.1%5.5%4.6%
 Income per Cap.$43,925$22,194$37,638
 Household Income$70,099$41,335$69,021
 Family Median Income$97,670$48,589$85,028
 space
 Est. Households By Income
 Minneapolis, MNNewark, NJUnited States
 Income Less Than 15K11.3%21.2%9.4%
 Income between 15K and 20K3.6%6.2%3.8%
 Income between 20K and 30K7.3%12.0%8.1%
 Income between 30K and 40K7.7%9.5%8.0%
 Income between 40K and 50K7.1%8.8%7.6%
 Income between 50K and 60K6.8%7.8%7.2%
 Income between 60K and 75K9.4%9.1%9.6%
 Income between 75K and 100K12.6%9.7%12.8%
 Income between 100K and 150K15.9%9.6%16.3%
 Income between 150K and 200K8.2%3.5%7.8%
 Income greater than 200K10.3%2.7%9.5%
 space1
 Population By Occupation
 Minneapolis, MNNewark, NJUnited States
 Management, business, finance20.3%8.8%16.4%
 Engineering, computers, science10.4%2.8%6.5%
 Community, social services2.8%2.3%1.8%
 Legal2.0%0.5%1.2%
 Education, library7.8%4.8%6.2%
 Arts, design, media, sports, entertainment4.8%1.2%2.0%
 Healthcare practitioners and technology6.0%3.0%6.2%
 Healthcare support3.3%6.0%3.3%
 Firefighters, law enforcement0.8%4.3%2.1%
 Food preparation, serving6.4%5.1%5.4%
 Building maintenance3.0%6.7%3.6%
 Personal care2.3%2.9%2.6%
 Sales, office, administrative support17.7%19.9%20.9%
 Farming, fishing, forestry0.2%0.2%0.6%
 Construction, extraction, maintenance/repair3.1%12.3%8.1%
 Production, transportation, material moving9.1%19.2%13.1%

View More Data >

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

   |    Reply

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

   |    Reply

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

   |    Reply

Start Your Review of Minneapolis

Reviews for Newark    26 Reviews

Over 3 years ago

Newark is straight garbage.  More

   |    Reply

Newark's Ironbound is extremely dangerous, there is a lot of crime, the police are just good at hiding it. It usually doesn't happen on Ferry St., but does 1/2 block  More

   |    Reply

Over 11 years ago

I have worked and lived in Newark for 20 years. I raised 3 children. Two of my children went on to college, graudated with Accountant Degree and the other one in  More

   |    Reply

Start Your Review of Newark

 Most Recent Searches On Compare Cities
COMPARE COST OF LIVING
Compare Minneapolis, Minnesota Cost of Living vs Newark, New Jersey Cost of Living: Taxes, Childcare, Groceries, Health...
Compare Now


ZIPS IN MINNEAPOLIS, MINNESOTA
55407, 55406, 55414, 55408, 55411, 55418, 55404, 55419, 55417, 55412, 21 total
ZIPS IN NEWARK, NEW JERSEY
07105 07104 07107 07106 07103 07112 07108 07114 07102

PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

Try Now