Department of Numbers

Minnesota Household Income

According to the Census ACS 1-year survey, the median household income for Minnesota was $63,488 in 2015, the latest figures available. Compared to the median US household income, Minnesota median household income is $7,713 higher. 2016 Census ACS data (including 2016 Minnesota household income numbers) will be released in September of 2017. Minnesota median family income and per capita income for Minnesota are shown further down.

Show dollars as: Nominal Real

Real Median Household Income in Minnesota

2015 1 Year Change 3 Year Change
US $55,775 +3.83% +5.17%
Minnesota $63,488 +3.15% +4.40%

Minnesota Real Median Household Income Trends since 2005

The current median household income for Minnesota is $63,488. Real median household income peaked in 2007 at $63,789 and is now $301 (0.47%) lower. From a post peak low of $60,023 in 2011, real median household income for Minnesota has now grown by $3,465 (5.77%).

Real Median Household Income: Minnesota, National

Historical Real Median Household Income for Minnesota

Date US Minnesota
2015 $55,775 $63,488
2014 $53,719 $61,552
2013 $53,166 $61,767
2012 $53,031 $60,810
2011 $53,223 $60,023
2010 $54,405 $60,290
2009 $55,478 $61,438
2008 $57,276 $63,065
2007 $58,003 $63,789
2006 $56,957 $63,507
2005 $56,122 $63,139

Minnesota Family Income

The ACS 1-year survey shows that the median family income for Minnesota was $79,893 in 2015. Compared to the median US family income, Minnesota median family income is $11,633 higher. Like the median household income numbers, 2016 family income data will be released in September of 2017.

Show dollars as: Nominal Real

Real Median Family Income in Minnesota

2015 1 Year Change 3 Year Change
US $68,260 +3.45% +5.75%
Minnesota $79,893 +2.39% +5.28%

Minnesota Real Median Family Income Trends since 2005

At $79,893, the median family income for Minnesota was at a new inflation adjusted high in 2015.

Real Median Family Income: Minnesota, National

Historical Real Median Family Income for Minnesota

Date US Minnesota
2015 $68,260 $79,893
2014 $65,986 $78,031
2013 $65,153 $76,429
2012 $64,548 $75,887
2011 $64,766 $75,164
2010 $65,888 $75,689
2009 $67,476 $76,637
2008 $69,756 $79,060
2007 $69,929 $79,073
2006 $68,801 $78,538
2005 $67,761 $77,672

Minnesota Per Capita Income

The ACS survey shows the median per capita income for Minnesota was $33,425 in 2015. Compared to the US per capita income, Minnesota per capita income is $3,446 higher. Per capita income numbers for 2016 will be released in September of 2017.

Show dollars as: Nominal Real

Real Per Capita Income in Minnesota

2015 1 Year Change 3 Year Change
US $29,979 +3.65% +6.30%
Minnesota $33,425 +2.29% +6.06%

Minnesota Real Per Capita Income Trends since 2005

The current per capita income for Minnesota is $33,425. Real per capita income peaked in 2008 at $33,459 and is now $34 (0.10%) lower. From a post peak low of $30,988 in 2011, real per capita income for Minnesota has now grown by $2,437 (7.86%).

Real Per Capita Income: Minnesota, National

Historical Real Per Capita Income for Minnesota

Date US Minnesota
2015 $29,979 $33,425
2014 $28,922 $32,676
2013 $28,678 $31,908
2012 $28,202 $31,516
2011 $28,147 $30,988
2010 $28,329 $31,051
2009 $29,174 $31,815
2008 $30,371 $33,459
2007 $30,508 $33,182
2006 $29,703 $32,435
2005 $30,384 $33,070