GITNUX MARKETDATA REPORT 2024

Minnesota Statistics: Market Report & Data

Highlights: Minnesota Statistics

  • Minnesota is the 12th largest state in the United States by area at approximately 86,936 sq miles.
  • The population of Minnesota was estimated to be around 5.7 million in 2020.
  • The city of Minneapolis in Minnesota is home to more than 100 lakes.
  • Minnesota rank first in the U.S. for college preparedness with 44% of students taking some form of dual-credit class in high school.
  • Native American heritage is prevalent in Minnesota, with roughly 54000 individuals identifying as American Indian or Alaska Native alone.
  • Minnesota is home to 12 Fortune 500 companies, including Target, Best Buy, and 3M.
  • Minnesota has an unemployment rate of 3.8%, lower than the national average.
  • Approximately 95% of Minnesota's agricultural income comes from livestock and crops such as corn and soybeans.
  • The Mall of America in Minnesota is one of the largest malls in the U.S., employing over 12000 people.

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Unraveling the numerical contours that uniquely shape Minnesota is an exciting endeavor. Whether it’s studying the interesting population dynamics, economic landscapes, health indices, educational patterns, environmental factors or data from a plethora of other sectors, Minnesota’s statistics offer powerful insights for decisions in policy-making, business, and community development. This blog post delves into the intriguing world of Minnesota statistics, highlighting their significance, recent trends, unique facts, and what they say about the future. Brace yourself for a captivating journey to discover the fascinating statistical profile that shapes the Land of 10,000 Lakes.

The Latest Minnesota Statistics Unveiled

Minnesota is the 12th largest state in the United States by area at approximately 86,936 sq miles.

Highlighting that Minnesota ranks as the 12th largest state by area in the U.S., encompassing approximately 86,936 square miles, provides a fascinating insight into the scope and scale of this Midwestern behemoth. In a broader exploration of Minnesota’s statistical profile, this piece of information adds a geographic perspective that not only underlines the state’s physical expansiveness, but also indirectly hints at its natural diversity, land use patterns, population density and even infrastructure needs. Thus, embedding this statistic enriches the narrative around Minnesota’s unique identity and complexities.

The population of Minnesota was estimated to be around 5.7 million in 2020.

In the realm of Minnesota statistics, the 2020 estimated population figure of approximately 5.7 million serves as an invaluable cornerstone. Every other statistic related to the state — from per capita income, employment rates and public health data to educational achievement, housing trends, and consumption patterns — needs to be viewed through the lens of this population marker. Not only does it provide a numeric context, but it also brings demographic insights into perspective, painting a more comprehensive picture of Minnesota. Consequently, it allows us to assess the magnitude of success or the depth of a challenge facing the state, increasing our understanding and potentially informing key decisions and policies.

The city of Minneapolis in Minnesota is home to more than 100 lakes.

Highlighting the statistic that Minneapolis hosts over 100 lakes paints a vibrant picture of Minnesota’s natural beauty, underpinning its true essence. It underscores the landscape’s significant contribution towards the geographical and cultural fabric of Minnesota, setting the stage for discussions about its rich ecological resources, recreational opportunities, water conservation strategies, and real estate trends. Moreover, it serves as a stepping stone to examining other intriguing statistics about Minnesota, creating a deeply layered, data-driven narrative about the state’s unique features.

Minnesota rank first in the U.S. for college preparedness with 44% of students taking some form of dual-credit class in high school.

In the realm of Minnesota statistics, a spotlight shines brightly on the state’s academic prominence. Claiming the top spot in college preparedness within the United States, Minnesota boasts an impressive 44% of high school students taking some kind of dual-credit class. Such a noteworthy statistic illustrates the state’s prioritization of education and its dedication to cultivating the progression of young minds toward higher learning opportunities. This statistic, in the pulse of a vibrant educational landscape, serves as an inspiring pulse for our discussion on the multifaceted strengths of Minnesota.

Native American heritage is prevalent in Minnesota, with roughly 54000 individuals identifying as American Indian or Alaska Native alone.

Highlighting the prevalence of Native American heritage in Minnesota, where approximately 54,000 individuals identify as American Indian or Alaska Native alone, enriches our understanding of the cultural and historical tapestry of the region. In a state where the population is diversely mixed, recognizing this substantial Indigenous representation underscores the influence and significance they hold in shaping Minnesota’s social, economic, and political spheres. Within a blog post discussing Minnesota statistics, this insight goes beyond mere figures, casting a spotlight on the enduring legacy and contributions of these communities within the state’s rich multicultural mosaic.

Minnesota is home to 12 Fortune 500 companies, including Target, Best Buy, and 3M.

Casting a spotlight on the economic prowess ingrained in the soil of Minnesota, it proudly hosts a fruitful ecosystem of 12 Fortune 500 conglomerates, a roster that boasts of globally acclaimed entities such as Target, Best Buy, and 3M. This statistic is a testament to Minnesota’s robust business environment and economic potential, underlining its pivotal role in the national corporate landscape. Thus, in terms of Minnesota’s statistics, it paints an image of a prosperous and thriving state that serves as an enterprising hub for top-tier corporations, thereby luring even more Fortune aspirants to its thriving terrain.

Minnesota has an unemployment rate of 3.8%, lower than the national average.

Illuminating the vibrancy of the Minnesota job market, the state boasts an unemployment rate of 3.8%, undercutting the national average. This number serves as a testament to the vigorous economy of the state, a lively hub brimming with gainful employment opportunities. It accentuates Minnesota’s competitive edge, showcasing how its economic conditions not only match their counterparts across America, but also eclipse the average, carving out a more propitious landscape for job seekers and companies alike in the state. This particular statistic dramatically reinforces the narrative of Minnesota’s dynamic economy within a broader discussion of Minnesota statistics.

Approximately 95% of Minnesota’s agricultural income comes from livestock and crops such as corn and soybeans.

Highlighting that approximately 95% of Minnesota’s agricultural income is derived from livestock and staple crops like corn and soybeans showcases the immense contribution of these sectors to the state’s economy. In a blog post about Minnesota Statistics, this figure not only signals the agricultural dependency of the state but also underscores the importance of these particular sectors. Such data provides a pivotal point of understanding for readers regarding the economic structure of Minnesota, with implications for policy-making, agricultural trends, and investment opportunities within the state.

The Mall of America in Minnesota is one of the largest malls in the U.S., employing over 12000 people.

Examining the grand scope of Minnesota’s economy, the statistic about the Mall of America is quite illuminating. As one of the largest malls in the U.S., its impressive employment figure of over 12,000 people serves as a potent illustration of the state’s vibrant retail sector. Embedded in this figure is not just a testament to the scale of consumerism in the state, but also a substantial contribution to its employment data. The Mall of America, therefore, becomes an economic titan within Minnesota, influencing job creation, tourism, and even tax revenues.

Conclusion

The data and statistics for Minnesota reveal a state with many strengths and some challenges too. With a strong educational base, robust economy, and exemplary healthcare system, Minnesota consistently ranks highly. However, the statistics also reveal disparities in income and education among varied racial and ethnic groups. As the state continues analyzing and understanding these intricate statistics, it can more effectively tackle these disparities and drive public policy to foster a more equal society. Understanding these statistics is integral to assimising a complete picture of the societal, economic, and cultural landscapes that make up this dynamic state.

References

0. – https://www.www.usnews.com

1. – https://www.mallofamerica.com

2. – https://www.worldpopulationreview.com

3. – https://www.www.census.gov

4. – https://www.mn.gov

5. – https://www.fortune.com

6. – https://www.en.wikipedia.org

7. – https://www.www.bls.gov

FAQs

What is the population of Minnesota?

As per the latest United States Census estimate in 2020, the population of Minnesota is approximately 5.71 million people.

What is the capital city of Minnesota?

The capital city of Minnesota is Saint Paul.

What are the largest cities in Minnesota?

The largest cities in Minnesota, in terms of population, are Minneapolis, Saint Paul, and Rochester.

What is the economic scenario in Minnesota?

Minnesota's economy is notably diverse and robust, with key sectors including manufacturing, healthcare, finance, information technology, and agriculture.

What is the average temperature in Minnesota?

The average temperature in Minnesota varies largely with the seasons. The average summer temperature is around 70°F (21°C), while the average winter temperature tends to be about 13°F (-10.5°C).

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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