Being a great place to live also means being a great place to work. A thriving economy helps the tax base (so there’s more money for city improvements) and helps a city attract and retain talent. The median household income in Minneapolis , MN is $51,480, and check out the following articles to get an inside look at its key industries and job opportunities.
While employment opportunities often play a big part in why people move, a city’s unemployment rate also is a major indicator of an economy’s overall health. Regardless of whether personal employment is a factor, lower unemployment rates often mean a region is better able to attract and retain skilled workers, new industries and retailers. The statistics, here, should provide valuable insight into the health and diversity of Minneapolis ’s economy.
|Agriculture, Forestry, Fishing and Hunting and Mining||0.5%|
|Transportation and Warehousing, and Utilities||3.3%|
|Finance and Insurance, and Real Estate and Rental and Leasing||7.9%|
|Professional, Scientific and Management and Administrative and Waste||15.3%|
|Educational Services and Health Care and Social Assistance||26.7%|
|Arts, Entertainment and recreation and Accommodation and food Services||12.8%|
|Other Services, Except Public Administration||4.6%|
|Employment Armed Forces||0%|
|Employment Civilian Labor Force||73.9%|
|Employment Not in Labor Force||26.1%|
|Employment Total in Labor Force||73.9%|