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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 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
Moorhead 40,935 $159,100 $53,360
Mankato 40,557 $152,600 $41,425
Maplewood 39,775 $183,000 $62,527
Shakopee 39,137 $211,800 $78,731
Richfield 36,059 $182,400 $52,954
Cottage Grove 35,405 $207,400 $83,181
Roseville 34,948 $220,500 $63,678
Inver Grove Heights 34,417 $206,100 $65,108
Andover 31,553 $239,000 $93,932
Brooklyn Center 30,684 $136,100 $44,855
Savage 28,713 $253,500 $94,620
Oakdale 27,850 $188,700 $67,036
Fridley 27,592 $166,000 $54,652
Winona 27,437 $137,300 $41,053
Shoreview 25,951 $233,100 $79,252
Owatonna 25,552 $147,400 $55,884
Ramsey 24,846 $203,200 $86,794
White Bear Lake 24,709 $188,100 $62,205
Austin 24,687 $97,400 $42,268
Chaska 24,524 $225,700 $75,828