Minnesota : What you need to know

The Land of 10,000 Lakes is also a land of vast entertainment options from ice skating and skiing in the winter to fishing, boating and hiking in the summer. Home of the twin cities Minneapolis and Saint Paul, Minnesota provides residents with access to both big city amenities and small town charm. Some of the best cities to live in Minnesota include Rochester and Minneapolis. Minnesota’s economy is anchored by corporate giants like Target, 3M and General Mills.


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Minnesota Profile

Quick Facts

Population 5419171
Latest Population Increase 0.66%
Median Household Income $5419171
Median Home Price $186200
Median Property Tax $1490
Median Rent $71.7

Employment Rate

  Employed 96.2%
  Unemployed 3.8%

Race

  Ethnicity White 84.8%
  Ethnicity Black 5.5%
  Ethnicity Asian 4.4%
  Ethnicity Hispanic 5%
  Ethnicity Indian 1%
  Ethnicity Other 1.5%

Employment Rate

  Employed 96.2%
  Unemployed 3.8%

Educational Levels

  Bachelor's Degree 22.5%
  Associate's Degree 10.7%
  Graduate or Professional Degree 11.2%
  High School Graduate 26.1%
  Some College, No Degree 21.9%
  Percent Bachelor's Degree or Higher 33.7%
  Percent High School Graduate or Higher 92.4%

Industry

Agriculture, Forestry, Fishing and Hunting and Mining 2.3%
Construction 5.5%
Manufacturing 13.5%
Wholesale Trade 2.9%
Retail Trade 11.3%
Transportation and Warehousing, and Utilities 4.6%
Information 1.8%
Finance and Insurance, and Real Estate and Rental and Leasing 7.2%
Professional, Scientific and Management and Administrative and Waste 9.8%
Educational Services and Health Care and Social Assistance 24.8%
Arts, Entertainment and recreation and Accommodation and food Services 8.4%
Other Services, Except Public Administration 4.5%
Public Administration 3.4%

Housing

  Homes Rent 71.7%
  Homes Owned 28.3%

Minnesota Rankings


Best places to Live in Minnesota
Title Population Median Home Price Median Household Income
Ada 1,681 $73,200 $38,264
Adams 742 $90,500 $45,417
Adrian 1,278 $77,500 $49,250
Afton 2,932 $397,100 $99,663
Aitkin 2,279 $104,500 $28,281
Akeley 397 $81,300 $42,969
Albany 2,618 $140,500 $48,843
Albert Lea 17,843 $92,900 $40,127
Alberta 122 $45,500 $66,667
Albertville 7,226 $179,900 $96,315
Alden 643 $85,600 $49,911
Aldrich 68 $63,000 $0
Alexandria 11,614 $149,600 $40,633
Alpha 269 $61,800 $158,036
Altura 474 $143,500 $63,125
Alvarado 444 $85,200 $45,625
Amboy 520 $92,100 $42,344
Andover 31,553 $239,000 $93,932
Angle Inlet 22 $0 $0
Annandale 3,296 $141,000 $46,962