Department of Numbers

Minnesota Household Income

According to the Census ACS 1-year survey, the median household income for Minnesota was $58,906 in 2012, the latest figures available. Compared to the median US household income, Minnesota median household income is $7,535 higher. 2013 Census ACS data (including 2013 Minnesota household income numbers) will be released in September of 2014. 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

2012 1 Year Change 3 Year Change
US $51,371 -0.36% -4.44%
Minnesota $58,906 +1.31% -1.06%

Minnesota Real Median Household Income Trends since 2005

The current median household income for Minnesota is $58,906. Real median household income peaked in 2007 at $61,795 and is now $2,889 (4.68%) lower. From a post peak low of $58,144 in 2011, real median household income for Minnesota has now grown by $762 (1.31%).

Real Median Household Income: Minnesota, National

Historical Real Median Household Income for Minnesota

Date US Minnesota
2012 $51,371 $58,906
2011 $51,557 $58,144
2010 $52,703 $58,403
2009 $53,760 $59,536
2008 $55,484 $61,093
2007 $56,189 $61,795
2006 $55,176 $61,522
2005 $54,387 $61,188

Minnesota Family Income

The ACS 1-year survey shows that the median family income for Minnesota was $73,511 in 2012. Compared to the median US family income, Minnesota median family income is $10,984 higher. Like the median household income numbers, 2013 family income data will be released in September of 2014.

Show dollars as: Nominal Real

Real Median Family Income in Minnesota

2012 1 Year Change 3 Year Change
US $62,527 -0.34% -4.37%
Minnesota $73,511 +0.96% -1.01%

Minnesota Real Median Family Income Trends since 2005

The current median family income for Minnesota is $73,511. Real median family income peaked in 2007 at $76,600 and is now $3,089 (4.03%) lower. From a post peak low of $72,811 in 2011, real median family income for Minnesota has now grown by $700 (0.96%).

Real Median Family Income: Minnesota, National

Historical Real Median Family Income for Minnesota

Date US Minnesota
2012 $62,527 $73,511
2011 $62,739 $72,811
2010 $63,827 $73,322
2009 $65,387 $74,263
2008 $67,574 $76,587
2007 $67,742 $76,600
2006 $66,650 $76,082
2005 $65,666 $75,271

Minnesota Per Capita Income

The ACS survey shows the median per capita income for Minnesota was $30,529 in 2012. Compared to the US per capita income, Minnesota per capita income is $3,210 higher. Per capita income numbers for 2013 will be released in September of 2014.

Show dollars as: Nominal Real

Real Per Capita Income in Minnesota

2012 1 Year Change 3 Year Change
US $27,319 +0.19% -3.36%
Minnesota $30,529 +1.70% -0.98%

Minnesota Real Per Capita Income Trends since 2005

The current per capita income for Minnesota is $30,529. Real per capita income peaked in 2008 at $32,413 and is now $1,884 (5.81%) lower. From a post peak low of $30,018 in 2011, real per capita income for Minnesota has now grown by $511 (1.70%).

Real Per Capita Income: Minnesota, National

Historical Real Per Capita Income for Minnesota

Date US Minnesota
2012 $27,319 $30,529
2011 $27,266 $30,018
2010 $27,443 $30,079
2009 $28,270 $30,830
2008 $29,421 $32,413
2007 $29,554 $32,144
2006 $28,774 $31,421
2005 $29,445 $32,048