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Minnesota : What you need to know

Minnesota is home to some of the best places to live in America, including the home of the renowned Mayo Clinic and number one on our 2017 Top 100 Best Places to LiveRochester. With four distinct seasons, the state embraces the outdoors. Yes, it snows. But so what, when the state offers so many winter recreation opportunities? It is the Land of 10,000 (actually more than 12,000) Lakes, providing countless opportunities for all manner of water sports as well as hiking, biking, camping and any number of ways to connect with the outdoors.

The cosmopolitan vibe of Minneapolis and St. Paul draws millennial talent. World-class museums include the Minneapolis Institute of Art, regarded as one of the top art museums in the U.S., and the Twin Cities boast a concentration of live theater higher than anywhere outside of New York City.

An innovation powerhouse, the University of Minnesota offers more than 300 interdisciplinary research centers, institutes and programs. Edina, Mankato, St. Cloud and Woodbury offer residents top-notch housing, education and employment opportunities.

The North Star State's economy shines, with major industry sectors in bioscience, healthcare services, advanced manufacturing and finance. The state is home to 17 Fortune 500 companies, including General Mills, 3M, Target, Medtronic, Best Buy, US Bancorp and Land O’ Lakes.

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Minnesota Profile

Quick Facts about MN

Population 5,419,171
Latest Population Increase 0.00%
Median Household Income $61,492
Median Home Price $186,200
Median Property Tax $1,490
Median Rent $72

Employment Rate in MN

  Employed 96.2%
  Unemployed 3.8%

Race in MN

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

Employment Rate in MN

  Employed 96.2%
  Unemployed 3.8%

Educational Levels in MN

  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 in MN

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 in MN

  Homes Rent 71.7%
  Homes Owned 28.3%

Minnesota Rankings

Best places to Live in Minnesota

Title Population Median Home Price Median Household Income
Minneapolis 399,950 $205,300 $51,480
St. Paul 295,043 $173,900 $48,757
Rochester 110,275 $164,900 $64,554
Duluth 86,178 $147,800 $45,034
Bloomington 85,826 $216,800 $64,540
Brooklyn Park 78,195 $179,200 $62,974
Plymouth 73,896 $297,400 $85,418
St. Cloud 66,298 $141,300 $45,437
Maple Grove 65,687 $248,000 $92,680
Woodbury 65,667 $272,000 $99,698
Eagan 65,424 $246,500 $82,265
Eden Prairie 62,626 $303,600 $97,640
Coon Rapids 61,946 $167,000 $64,203
Burnsville 61,255 $208,700 $63,649
Blaine 60,224 $180,000 $76,027
Lakeville 58,592 $246,000 $95,130
Minnetonka 51,249 $289,300 $78,589
Apple Valley 50,309 $213,100 $80,478
Edina 49,373 $403,000 $88,298
St. Louis Park 47,043 $229,500 $66,432