Economy of Minnesota
The economy of Minnesota produced US$312 billion of gross domestic product in 2014. Minnesota headquartered 31 publicly traded companies in the top 1,000 U.S. companies by revenue in 2011. This includes such large companies as Target and UnitedHealth Group. The per capita personal income in 2016 was $51,990, ranking sixteenth in the nation. The median household income in 2013 ranked eleventh in the nation at $60,900.
| Statistics | |
|---|---|
| GDP | $374 billion (2020) |
Population below poverty line | 11.5% (2013) |
| 0.4436 (2011) | |
Labor force | 2,995,400 (December 2014) |
| Unemployment | 3.0% (August 2023) |
| Public finances | |
| Revenues | $20,181.8 million (2013) |
| Expenses | $18,739.5 million (2013) |
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