Business and Economy in Minneapolis, MN
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.
Minneapolis' well-rounded business climate is home to major industries and small businesses.
Some Minneapolis business leaders think Minnesota should break away from the Midwest and establish a new region called the North
Six Fortune 500 company headquarters lead the list
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.
Employment Rate in Hennepin County, MN
Occupations in Minneapolis, MN
Employment in Minneapolis, MN
|Employment Armed Forces||0%|
|Employment Civilian Labor Force||73.9%|
|Employment Not in Labor Force||26.1%|
|Employment Total in Labor Force||73.9%|
Industry in Minneapolis, MN
|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%|