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Population

Minnesota has a population of approximately 5,670,472 and experiences a population change rate of 15.27%. The population density is 71.2 / sq mi .

Household

The median household income for Minnesota is $77,706, with 2,229,100 households and an average household size of 2.49.

Home Value

The median value of a home in Minnesota is $309,500 with an appreciation rate of 10.80%. 65.20% of housing in the state is owned while 25.03% is rented.

Cost of Living

The cost of living in Minnesota is 106.3 %.

Employment

The unemployment rate in Minnesota is 2.90%, and recent job growth is at 0.18%. Future job growth is projected at 29.89%.

Taxes

The sales tax rate in Minnesota is 7.38%, while the income tax rate is 6.80% .

Education

School expenditures in Minnesota are $17,228, and the school ratio is 16.3:1.

Weather

The average high temperature in July is 81.4 degrees, with an average low temperature in January of 1.8 degrees. The average rainfall is approximately 29.4 inches per year, with 46.8 inches of snow per year.