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Economy

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  ECONOMY OVERVIEW
  

The unemployment rate in Minneapolis, Minnesota, is 3.7%, with job growth of 1.24%. Future job growth over the next ten years is predicted to be 38.78%.

Minneapolis, Minnesota Taxes
Minneapolis, Minnesota,sales tax rate is 7.78%. Income tax is 7.05%.

Minneapolis, Minnesota Income and Salaries

The income per capita is $32,232, which includes all adults and children. The median household income is $50,767.


  ECONOMYMinneapolis, MinnesotaUnited States
  Unemployment Rate  3.70%5.20%
  Recent Job Growth  1.24%1.59%
  Future Job Growth  38.78%37.98%
  Sales Taxes  7.78%6.00%
  Income Taxes  7.05%4.60%
  Income per Cap.  $32,232$28,555
  Household Income  $50,767$53,482
  Family Median Income  $68,513$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting  0.43%1.35%
  Mining, quarrying, oil and gas extraction  0.04%0.61%
  Construction  2.84%6.19%
  Manufacturing  8.55%10.41%
  Wholesale trade  2.12%2.72%
  Retail trade  10.40%11.55%
  Transportation and warehousing  2.96%4.11%
  Utilities  00
  Information  2.41%2.12%
  Finance and insurance  6.17%4.69%
  Real estate, rental, leasing  1.77%1.89%
  Professional, scientific, technical services  10.51%6.68%
  Management of companies  0.24%0.08%
  Administrative, support, waste mgt svcs  4.55%4.27%
  Educational services  12.50%9.34%
  Health care and social assistance  14.23%13.81%
  Arts, entertainment, recreation  3.31%2.16%
  Accommodation, food services  9.50%7.44%
  Other services  4.58%4.94%
  Public administration  2.54%4.80%
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  ECONOMY MAP

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Reviews for Minneapolis


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VERY, VERY, VERY underrated - 6/6/2018
I absolutely LOVE this city! And would put this in my Top 10 cities in the country easily... No order: -New York - Los Angelos - Washington DC - Chicago -... (Read More)

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It’s probably you not them - 5/2/2018
Having read the negative reviews of Minneapolis residents, I can say the poster’s should take a good long look at themselves.... I lived in the twin cities area for... (Read More)

People are friendly and polite, lots of activities - 4/24/2018
I love Minneapolis. People are usually quite polite and friendly (different neighborhoods can have quite different vibes). A lot of businesses have their base here:... (Read More)


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