Department of Numbers

Minnesota Household Income

According to the Census ACS 1-year survey, the median household income for Minnesota was $61,481 in 2014, the latest figures available. Compared to the median US household income, Minnesota median household income is $7,824 higher. 2015 Census ACS data (including 2015 Minnesota household income numbers) will be released in September of 2016. 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

2014 1 Year Change 3 Year Change
US $53,657 +1.04% +0.93%
Minnesota $61,481 -0.35% +2.55%

Minnesota Real Median Household Income Trends since 2005

The current median household income for Minnesota is $61,481. Real median household income peaked in 2007 at $63,716 and is now $2,235 (3.51%) lower. From a post peak low of $59,953 in 2011, real median household income for Minnesota has now grown by $1,528 (2.55%).

Real Median Household Income: Minnesota, National

Historical Real Median Household Income for Minnesota

Date US Minnesota
2014 $53,657 $61,481
2013 $53,105 $61,695
2012 $52,970 $60,740
2011 $53,162 $59,953
2010 $54,343 $60,221
2009 $55,415 $61,368
2008 $57,211 $62,994
2007 $57,936 $63,716
2006 $56,892 $63,434
2005 $56,058 $63,068

Minnesota Family Income

The ACS 1-year survey shows that the median family income for Minnesota was $77,941 in 2014. Compared to the median US family income, Minnesota median family income is $12,031 higher. Like the median household income numbers, 2015 family income data will be released in September of 2016.

Show dollars as: Nominal Real

Real Median Family Income in Minnesota

2014 1 Year Change 3 Year Change
US $65,910 +1.28% +1.88%
Minnesota $77,941 +2.10% +3.81%

Minnesota Real Median Family Income Trends since 2005

The current median family income for Minnesota is $77,941. Real median family income peaked in 2007 at $78,982 and is now $1,041 (1.32%) lower. From a post peak low of $75,077 in 2011, real median family income for Minnesota has now grown by $2,864 (3.81%).

Real Median Family Income: Minnesota, National

Historical Real Median Family Income for Minnesota

Date US Minnesota
2014 $65,910 $77,941
2013 $65,078 $76,341
2012 $64,473 $75,799
2011 $64,691 $75,077
2010 $65,813 $75,603
2009 $67,399 $76,549
2008 $69,677 $78,970
2007 $69,849 $78,982
2006 $68,722 $78,448
2005 $67,684 $77,583

Minnesota Per Capita Income

The ACS survey shows the median per capita income for Minnesota was $32,638 in 2014. Compared to the US per capita income, Minnesota per capita income is $3,749 higher. Per capita income numbers for 2015 will be released in September of 2016.

Show dollars as: Nominal Real

Real Per Capita Income in Minnesota

2014 1 Year Change 3 Year Change
US $28,889 +0.85% +2.75%
Minnesota $32,638 +2.41% +5.44%

Minnesota Real Per Capita Income Trends since 2005

The current per capita income for Minnesota is $32,638. Real per capita income peaked in 2008 at $33,421 and is now $783 (2.34%) lower. From a post peak low of $30,953 in 2011, real per capita income for Minnesota has now grown by $1,685 (5.44%).

Real Per Capita Income: Minnesota, National

Historical Real Per Capita Income for Minnesota

Date US Minnesota
2014 $28,889 $32,638
2013 $28,645 $31,871
2012 $28,169 $31,479
2011 $28,115 $30,953
2010 $28,297 $31,016
2009 $29,140 $31,779
2008 $30,337 $33,421
2007 $30,473 $33,144
2006 $29,669 $32,398
2005 $30,349 $33,032