![]() | Income |
Median household income is $80,907 and per capita income is $70,032 in Minneapolis. Median income is slightly above the U.S. median income. Average household income is $118,597 per year. Minneapolis's per capita income is well above the state of Minnesota and the U.S. The percentage of households with an average income is 0.0%. Additionally, 24.9% of the population earns over $150,000. The percentage of the population at poverty level (below $25,000) is 20.4% and is well above Minnesota and US poverty levels. The unemployment rate is low overall at 4.9%. White-collar professions account for 78.4% of employment. Service occupations comprise 12.8% of the employment base while blue-collar occupations make up 8.8% of the base.
|  | Table #2 Significant Demographic Characteristics - Page 3 |
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Demographic Analysis for Minneapolis, Minnesota
INCOME | | | |
Per capita income | $70,032 | $46,714 | $43,829 |
Median household income | $80,907 | $86,801 | $79,068 |
Average household income | $118,597 | $117,590 | $113,185 |
HOUSEHOLD INCOME BREAKDOWN | | | |
Less than $25,000 | 20.4% | 12.4% | 14.9% |
$25,000 - $34,999 | 5.3% | 5.9% | 6.7% |
$35,000 - $49,999 | 8.1% | 9.0% | 10.1% |
$50,000 - $74,999 | 12.8% | 15.3% | 15.7% |
$75,000 - $99,999 | 11.7% | 13.6% | 12.8% |
$100,000 - $149,999 | 16.8% | 19.7% | 17.6% |
$150,000 - $199,999 | 9.3% | 11.2% | 9.5% |
$200,000 or more | 15.6% | 12.8% | 12.6% |
$50,000 - $99,999 | 24.4% | 28.9% | 28.5% |
Number of Households $50,000 - $99,999 | 7,116 | 667,297 | 37,304,757 |
$35,000 - $149,999 | 49.4% | 57.6% | 56.2% |
Number of Households $35,000 - $149,999 | 14,372 | 1,329,971 | 73,487,840 |
EMPLOYMENT STATUS | | | |
Persons employed in labor force | 30,810 | 3,079,547 | 166,125,745 |
Unemployed civilians | 4.9% | 3.1% | 4.2% |
Workers By Occupation: | | | |
Management Occupations | 29.9% | 19.4% | 18.4% |
Professional Occupations | 36.9% | 27.2% | 25.6% |
Sales Occupations | 4.8% | 7.8% | 8.5% |
Admin Occupations | 6.8% | 9.8% | 10.1% |
Services | 12.8% | 14.5% | 16.4% |
All Other Occupations/Blue Collar | 8.8% | 21.3% | 21.0% |