Minnesota Household Income
According to the Census ACS 1-year survey, the median household income for Minnesota was $77,720 in 2021, the latest figures available. Compared to the median US household income, Minnesota median household income is $8,003 higher. 2022 Census ACS data (including 2022 Minnesota household income numbers) will be released in September of 2023. Minnesota median family income and per capita income for Minnesota are shown further down.
Note: 2020 data is interpolated as the ACS release for the year was incomplete due to data gathering issues related to the pandemic.
Real Median Household Income in Minnesota
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $69,717 | -1.64% | +4.32% |
| Minnesota | $77,720 | -2.50% | +2.44% |
Minnesota Real Median Household Income Trends since 2005
The current median household income for Minnesota is $77,720. Real median household income peaked in 2020 at $79,713 and is now $1,993 (2.50%) lower.
Real Median Household Income: Minnesota, National
Historical Real Median Household Income for Minnesota
| Date | US | Minnesota |
|---|---|---|
| 2021 | $69,717 | $77,720 |
| 2020 | $70,877 | $79,713 |
| 2019 | $69,638 | $79,050 |
| 2018 | $66,828 | $75,868 |
| 2017 | $66,687 | $75,587 |
| 2016 | $65,052 | $74,063 |
| 2015 | $63,784 | $72,604 |
| 2014 | $61,468 | $70,431 |
| 2013 | $60,869 | $70,716 |
| 2012 | $60,732 | $69,639 |
| 2011 | $60,969 | $68,758 |
| 2009 | $63,573 | $70,402 |
| 2007 | $66,465 | $73,096 |
| 2005 | $64,310 | $72,351 |
Minnesota Family Income
The ACS 1-year survey shows that the median family income for Minnesota was $99,567 in 2021. Compared to the median US family income, Minnesota median family income is $13,761 higher. Like the median household income numbers, 2022 family income data will be released in September of 2023.
Real Median Family Income in Minnesota
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $85,806 | -1.68% | +4.09% |
| Minnesota | $99,567 | -1.50% | +3.64% |
Minnesota Real Median Family Income Trends since 2005
The current median family income for Minnesota is $99,567. Real median family income peaked in 2020 at $101,085 and is now $1,518 (1.50%) lower.
Real Median Family Income: Minnesota, National
Historical Real Median Family Income for Minnesota
| Date | US | Minnesota |
|---|---|---|
| 2021 | $85,806 | $99,567 |
| 2020 | $87,269 | $101,085 |
| 2019 | $85,780 | $99,176 |
| 2018 | $82,434 | $96,070 |
| 2017 | $81,669 | $95,512 |
| 2016 | $80,231 | $94,098 |
| 2015 | $78,061 | $91,365 |
| 2014 | $75,505 | $89,287 |
| 2013 | $74,593 | $87,503 |
| 2012 | $73,920 | $86,906 |
| 2011 | $74,192 | $86,103 |
| 2009 | $77,322 | $87,818 |
| 2007 | $80,131 | $90,609 |
| 2005 | $77,647 | $89,004 |
Minnesota Per Capita Income
The ACS survey shows the median per capita income for Minnesota was $41,753 in 2021. Compared to the US per capita income, Minnesota per capita income is $3,421 higher. Per capita income numbers for 2022 will be released in September of 2023.
Real Per Capita Income in Minnesota
| 2021 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | $38,332 | -1.03% | +5.01% |
| Minnesota | $41,753 | -1.23% | +4.05% |
Minnesota Real Per Capita Income Trends since 2005
The current per capita income for Minnesota is $41,753. Real per capita income peaked in 2020 at $42,275 and is now $522 (1.23%) lower.
Real Per Capita Income: Minnesota, National
Historical Real Per Capita Income for Minnesota
| Date | US | Minnesota |
|---|---|---|
| 2021 | $38,332 | $41,753 |
| 2020 | $38,730 | $42,275 |
| 2019 | $37,803 | $41,357 |
| 2018 | $36,503 | $40,129 |
| 2017 | $35,807 | $39,962 |
| 2016 | $35,145 | $38,969 |
| 2015 | $34,284 | $38,224 |
| 2014 | $33,094 | $37,389 |
| 2013 | $32,833 | $36,531 |
| 2012 | $32,297 | $36,092 |
| 2011 | $32,243 | $35,498 |
| 2009 | $33,430 | $36,457 |
| 2007 | $34,959 | $38,023 |
| 2005 | $34,817 | $37,895 |
