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Minneapolis, Minnesota Economy Profile

Official State Website URL- http://www.state.mn.us

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 Minneapolis, Minnesota United States
StateMinnesota
CityMinneapolis
Total population382,618 281,421,906
Male192,232138,053,563
Female190,386143,368,343
Median age (years)31.235.3
Total households162,352105,480,101
Median household income (dollars)37,97441,994

Minneapolis, Minnesota Economy

According to the statistics on employment by occupation in Minneapolis, Minnesota, 22.82% of workers provide educational, health and social services. 11.0% of people provide Arts, entertainment, recreation, accommodation and food services in Minneapolis, Minnesota. The percentage of people involved into professional, scientific, management, administrative, and waste management services in Minneapolis, Minnesota is as follows: 13.68%.

In Minneapolis, Minnesota government workers account for 13.86% of workers. Eighty point seven seven percent of workers comprise private wage and salary workers. Median household income in Minneapolis, Minnesota is equal to $37,974 while median family income is forty-eight thousand, six hundred and two dollars. The earnings of male full-time, year-round workers, in Minneapolis, Minnesota are $35,216. The amount of earnings of female full-time, year-round workers reaches thirty thousand, six hundred and sixty-three dollars.

zero of families in Minneapolis, Minnesota are below poverty line (total population in Minneapolis, Minnesota is 382,618). There are five thousand, two hundred and sixty-eight families with female householder, no husband present. The median age of a Minneapolis, Minnesota resident is 31.2 years old.

 Minneapolis, Minnesota %, Minneapolis, Minnesota United States
Population 16 years and over306,378  217,168,077
In labor force220,790 72.06%63.92%
- Civilian labor force220,668 72.02%63.39%
- - Employed207,890 67.85%59.73%
- - Unemployed12,778 4.17%3.66%
- - - Percent of civilian labor force5.8  5.8
- Armed Forces122 0.04%0.53%
Not in labor force85,588 27.94%36.08%
 
Females 16 years and over153,449 50.08%51.66%
In labor force104,087 33.97%29.72%
- Civilian labor force104,045 33.96%29.65%
- - Employed98,205 32.05%27.92%
 
Own children under 6 years27,423 8.95%10.05%
All parents in family in labor force16,429  12,787,501
 
COMMUTING TO WORK
Workers 16 years and over203,951  128,279,228
Car, truck, or van -- drove alone125,583 61.58%75.7%
Car, truck, or van -- carpooled23,132 11.34%12.19%
Public transportation (including taxicab)29,681 14.55%4.73%
Walked13,488 6.61%2.93%
Other means5,131 2.52%1.19%
Worked at home6,936 3.4%3.26%
Mean travel time to work (minutes)21.7 0.01%25.5
 
Employed civilian population 16 years and over207,890  129,721,512
 
OCCUPATION
Management, professional, and related occupations85,409 41.08%33.65%
Service occupations33,771 16.24%14.86%
Sales and office occupations53,357 25.67%26.69%
Farming, fishing, and forestry occupations283 0.14%0.73%
Construction, extraction, and maintenance occupations10,025 4.82%9.45%
Production, transportation, and material moving occupations25,045 12.05%14.62%
 
INDUSTRY
Agriculture, forestry, fishing and hunting, and mining435 0.21%1.87%
Construction6,844 3.29%6.78%
Manufacturing22,439 10.79%14.1%
Wholesale trade5,393 2.59%3.6%
Retail trade22,076 10.62%11.73%
Transportation and warehousing, and utilities9,758 4.69%5.2%
Information7,402 3.56%3.08%
Finance, insurance, real estate, and rental and leasing17,929 8.62%6.89%
Professional, scientific, management, administrative, and waste management services28,446 13.68%9.3%
Educational, health and social services47,442 22.82%19.92%
Arts, entertainment, recreation, accommodation and food services22,867 11.0%7.87%
Other services (except public administration)10,672 5.13%4.87%
Public administration6,187 2.98%4.79%
 
CLASS OF WORKER
Private wage and salary workers167,922 80.77%78.47%
Government workers28,815 13.86%14.59%
Self-employed workers in own not incorporated business10,730 5.16%6.63%
Unpaid family workers423 0.2%0.31%
 Minneapolis, Minnesota %, Minneapolis, Minnesota United States
INCOME IN 1999
Households162,382  105,539,122
Less than $10,00017,543 10.8%9.54%
$10,000 to $14,99911,031 6.79%6.31%
$15,000 to $24,99923,063 14.2%12.83%
$25,000 to $34,99922,957 14.14%12.81%
$35,000 to $49,99927,374 16.86%16.53%
$50,000 to $74,99928,990 17.85%19.46%
$75,000 to $99,99914,607 9.0%10.23%
$100,000 to $149,99910,528 6.48%7.72%
$150,000 to $199,9992,821 1.74%2.2%
$200,000 or more3,468 2.14%2.37%
Median household income (dollars)37,974  41,994
With earnings138,014 45.05%39.12%
- Mean earnings (dollars)52,245  56,604
With Social Security income27,882 9.1%12.47%
- Mean Social Security income (dollars)10,564  11,320
With Supplemental Security Income6,610 2.16%2.13%
- Mean Supplemental Security Income (dollars)6,345  6,320
With public assistance income11,008 3.59%1.67%
- Mean public assistance income (dollars)3,533  3,032
With retirement income15,913 5.19%8.13%
- Mean retirement income (dollars)16,238  17,376
 
Families74,543  72,261,780
Less than $10,0005,308 7.12%5.75%
$10,000 to $14,9993,575 4.8%4.31%
$15,000 to $24,9998,076 10.83%10.74%
$25,000 to $34,9999,105 12.21%12.02%
$35,000 to $49,99912,254 16.44%17.13%
$50,000 to $74,99915,931 21.37%22.32%
$75,000 to $99,9998,948 12.0%12.47%
$100,000 to $149,9996,992 9.38%9.6%
$150,000 to $199,9991,954 2.62%2.75%
$200,000 or more2,400 3.22%2.92%
Median family income (dollars)48,602  50,046
 
Per capita income (dollars)22,685  21,587
Median earnings (dollars):
Male full-time, year-round workers35,216  37,057
Female full-time, year-round workers30,663  27,194
 
POVERTY STATUS IN 1999 (below poverty level)
Families8,868  6,620,945
With related children under 18 years7,614 85.86%77.87%
- With related children under 5 years4,140 46.68%38.7%
 
Families with female householder, no husband present5,268  3,315,916
With related children under 18 years4,876 92.56%88.68%
- With related children under 5 years2,506 47.57%42.27%
 
Individuals62,092  33,899,812
18 years and over41,615 67.02%65.35%
- 65 years and over3,378 5.44%9.7%
Related children under 18 years19,851 31.97%33.59%
- Related children 5 to 17 years13,963 22.49%23.52%
Unrelated individuals 15 years and over27,334 44.02%31.63%
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The data is taken from www.census.gov reports.