Department of Numbers

Minneapolis-St Paul-Bloomington Minnesota Household Income

The Census ACS 1-year survey reports that the median household income for the Minneapolis-St Paul-Bloomington Minnesota metro area was $73,231 in 2016, the latest figures available. Minneapolis median household income is $7,632 higher than the median Minnesota household income and $15,614 greater than the US median household income. 2017 metro income data (including Minneapolis median household income) will be released in September of 2018. Median family and per capita income for Minneapolis-St Paul-Bloomington are shown below.

Show dollars as: Nominal Real

Real Median Household Income for Minneapolis Minnesota

2016 1 Year Change 3 Year Change
US $57,617 +2.01% +7.02%
Minnesota $65,599 +2.04% +4.88%
Minneapolis $73,231 +1.84% +5.77%

Trends in Minneapolis, MN Real Median Household Income since 2005

The current median household income for Minneapolis is $73,231. Real median household income peaked in 2006 at $74,071 and is now $840 (1.13%) lower. From a post peak low of $67,588 in 2011, real median household income for Minneapolis has now grown by $5,643 (8.35%).

Real Median Household Income: Minneapolis, Minnesota, National

Historical Inflation Adjusted Median Household Income for Minneapolis

Date US Minnesota Minneapolis
2016 $57,617 $65,599 $73,231
2015 $56,480 $64,290 $71,905
2014 $54,398 $62,330 $70,065
2013 $53,838 $62,547 $69,237
2012 $53,701 $61,578 $69,288
2011 $53,879 $60,762 $67,588
2010 $55,093 $61,051 $68,640
2009 $56,180 $62,215 $70,602
2008 $58,000 $63,863 $73,421
2007 $58,736 $64,596 $73,967
2006 $57,677 $64,310 $74,071
2005 $56,832 $63,938 $73,361

Minneapolis Family Income

The ACS 1-year data shows the median family income for Minneapolis was $93,444 in 2016. Compared to the median Minnesota family income, Minneapolis median family income is $10,100 higher. As with the median household income data, 2017 family income data for Minneapolis will be released in September of 2018.

Show dollars as: Nominal Real

Real Median Family Income for Minneapolis Minnesota

2016 1 Year Change 3 Year Change
US $71,062 +2.81% +7.71%
Minnesota $83,344 +3.02% +7.69%
Minneapolis $93,444 +3.91% +9.21%

Trends in Minneapolis, MN Real Median Family Income since 2005

At $93,444, the median family income for Minneapolis was at a new inflation adjusted high in 2016.

Real Median Family Income: Minneapolis, Minnesota, National

Historical Inflation Adjusted Median Family Income for Minneapolis

Date US Minnesota Minneapolis
2016 $71,062 $83,344 $93,444
2015 $69,122 $80,902 $89,924
2014 $66,820 $79,017 $88,235
2013 $65,977 $77,395 $85,561
2012 $65,363 $76,845 $85,986
2011 $65,564 $76,090 $84,986
2010 $66,721 $76,646 $85,278
2009 $68,329 $77,605 $88,088
2008 $70,638 $80,059 $91,834
2007 $70,813 $80,073 $91,933
2006 $69,670 $79,530 $91,740
2005 $68,618 $78,654 $90,231

Minneapolis Per Capita Income

The ACS 1-year survey shows the per capita income for Minneapolis was $37,765 in 2016. Compared to the median Minnesota per capita income, Minneapolis median per capita income is $3,250 higher. As with the median household and median family income numbers above, 2017 per capita income data for Minneapolis will be released in September of 2018.

Show dollars as: Nominal Real

Real Per Capita Income for Minneapolis Minnesota

2016 1 Year Change 3 Year Change
US $31,128 +2.54% +7.19%
Minnesota $34,515 +1.97% +6.82%
Minneapolis $37,765 +2.78% +7.70%

Trends in Minneapolis, MN Real Per Capita Income since 2005

The current per capita income for Minneapolis is $37,765. Real per capita income peaked in 2008 at $37,922 and is now $157 (0.41%) lower. From a post peak low of $34,381 in 2011, real per capita income for Minneapolis has now grown by $3,384 (9.84%).

Real Per Capita Income: Minneapolis, Minnesota, National

Historical Real Per Capita Income for Minneapolis

Date US Minnesota Minneapolis
2016 $31,128 $34,515 $37,765
2015 $30,358 $33,847 $36,742
2014 $29,288 $33,089 $36,144
2013 $29,041 $32,311 $35,064
2012 $28,558 $31,914 $35,053
2011 $28,494 $31,370 $34,381
2010 $28,687 $31,443 $34,645
2009 $29,542 $32,217 $35,627
2008 $30,755 $33,882 $37,922
2007 $30,894 $33,601 $37,473
2006 $30,078 $32,845 $36,590
2005 $30,768 $33,488 $37,316