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2024 Compare Cities Economy:
Palo Alto, CA vs Minneapolis, MN

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Highlights
- Household income in Minneapolis, is 64% less than it is in Palo Alto and is 2% above the National Average.
- Palo Alto unemployment rate is 3.5%.
- Minneapolis unemployment rate is 4.5%.

Economy
 Palo Alto, CAMinneapolis, MNUnited States
 Unemployment Rate3.5%4.5%6.0%
 Recent Job Growth2.5%1.8%1.6%
 Future Job Growth40.5%36.7%33.5%
 Sales Taxes9.0%8.0%6.2%
 Income Taxes8.0%7.1%4.6%
 Income per Cap.$105,070$43,925$37,638
 Household Income$194,782$70,099$69,021
 Family Median Income$241,579$97,670$85,028
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 Est. Households By Income
 Palo Alto, CAMinneapolis, MNUnited States
 Income Less Than 15K5.2%11.3%9.4%
 Income between 15K and 20K1.3%3.6%3.8%
 Income between 20K and 30K3.1%7.3%8.1%
 Income between 30K and 40K2.6%7.7%8.0%
 Income between 40K and 50K2.9%7.1%7.6%
 Income between 50K and 60K2.6%6.8%7.2%
 Income between 60K and 75K4.6%9.4%9.6%
 Income between 75K and 100K5.4%12.6%12.8%
 Income between 100K and 150K12.8%15.9%16.3%
 Income between 150K and 200K9.9%8.2%7.8%
 Income greater than 200K49.5%10.3%9.5%
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 Population By Occupation
 Palo Alto, CAMinneapolis, MNUnited States
 Management, business, finance26.5%20.3%16.4%
 Engineering, computers, science29.0%10.4%6.5%
 Community, social services1.0%2.8%1.8%
 Legal3.7%2.0%1.2%
 Education, library10.2%7.8%6.2%
 Arts, design, media, sports, entertainment3.5%4.8%2.0%
 Healthcare practitioners and technology5.9%6.0%6.2%
 Healthcare support1.1%3.3%3.3%
 Firefighters, law enforcement0.6%0.8%2.1%
 Food preparation, serving1.6%6.4%5.4%
 Building maintenance0.4%3.0%3.6%
 Personal care2.3%2.3%2.6%
 Sales, office, administrative support10.0%17.7%20.9%
 Farming, fishing, forestry0.1%0.2%0.6%
 Construction, extraction, maintenance/repair1.6%3.1%8.1%
 Production, transportation, material moving2.5%9.1%13.1%

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Reviews for Palo Alto    8 Reviews

The Bay Area in general, but Palo Alto specifically provides many of the qualities sought by many; the climate is beautiful, there is access to cultural and recreational  More

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Over 16 years ago

Very  More

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Over 17 years ago

VTA and SamsTrans and Caltrain all provide good service and most times frequency of service is  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 PALO ALTO, CALIFORNIA
94306 94301 94304
ZIPS IN MINNEAPOLIS, MINNESOTA
55407, 55406, 55414, 55408, 55411, 55418, 55404, 55419, 55417, 55412, 21 total

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