Key Takeaways
- Minneapolis residents spent $4,820 per capita on retail in 2022
- 68% of Minneapolis consumers shopped online for retail monthly in 2023 survey
- Grocery spending averaged $2,450 annually per household in Twin Cities 2022
- In 2022, the Minneapolis-St. Paul-Bloomington MSA had 112,450 retail trade employees, representing 9.2% of total private sector employment
- Retail sales volume in Minneapolis reached $15.7 billion in 2021, up 4.5% from 2020 according to the Quarterly Census of Retail Trade
- Average hourly wage for retail salespersons in Minneapolis was $17.45 in May 2023, higher than the national average of $16.20
- Minneapolis retail market vacancy rate dropped to 4.2% in Q4 2023
- Retail rents in downtown Minneapolis averaged $28.50/SF in 2023, up 2.1%
- E-commerce impact reduced physical retail space by 8% in MSP since 2019
- Minneapolis had 1,248 retail establishments in 2022 per Economic Census
- Food/beverage stores: 512 locations in Hennepin County 2023
- General merchandise stores numbered 89 in Minneapolis metro 2022
- Total retail payroll in Minneapolis metro: $4.2 billion in 2022
- E-commerce retail sales in Minneapolis grew 12.4% to $2.8 billion in 2023
- General merchandise store sales: $3.1 billion in Twin Cities 2022
In 2022, Minneapolis retail spending averaged $4,820 per resident, with mobile and online shopping driving growth.
Related reading
01 · Category
Consumer Behavior23 stats
Consumer Behavior Interpretation
02 · Category
Employment Statistics29 stats
Employment Statistics Interpretation
03 · Category
Market Trends and Projections21 stats
Market Trends and Projections Interpretation
More related reading
04 · Category
Retail Establishments22 stats
Retail Establishments Interpretation
05 · Category
Revenue and Sales Data23 stats
Revenue and Sales Data Interpretation
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
Isabelle Moreau. (2026, February 13). Minneapolis Retail Industry Statistics. Gitnux. https://gitnux.org/minneapolis-retail-industry-statistics
Isabelle Moreau. "Minneapolis Retail Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/minneapolis-retail-industry-statistics.
Isabelle Moreau. 2026. "Minneapolis Retail Industry Statistics." Gitnux. https://gitnux.org/minneapolis-retail-industry-statistics.
Sources & references
44 datasets cited across this report · attribution is report-level

