Minnesota
“The North Star State”
What Makes Minnesota Beautiful
Minnesota, the Land of 10,000 Lakes, is a water wonderland where pristine blue lakes mirror towering pines, the Boundary Waters Canoe Area offers unmatched wilderness solitude, and the North Shore of Lake Superior features rugged volcanic cliffs and cascading waterfalls. Its northern boreal forests are a haven for wolves and moose.
Key Metrics
5.7M
Population
$432.5B
GDP
+5.2%
GDP Growth (5yr)
$84.3K
Median Income
10.2%
Tax Burden
History
Admitted as the 32nd state
Dakota War of 1862, a major conflict in the Upper Midwest
Mayo Clinic formally established in Rochester
3M invents Scotch tape, beginning an era of Minnesota innovation
Mall of America opens as the largest mall in the United States
Top Cities
Minneapolis
430K
Largest city; arts, parks, and Fortune 500 hub
Saint Paul
310K
State capital; twin city; historic architecture
Rochester
123K
Mayo Clinic headquarters; medical destination
Duluth
92K
Lake Superior port city; outdoor recreation hub
Bloomington
90K
Mall of America; MSP Airport area
Economy & Industry
Core Industries
Natural Resources
Energy Portfolio
Budget & Fiscal Health
$57.8B
State Budget
$56.2B
State Revenue
$-1.6B
Fiscal Balance
Social Indicators
9.3%
Poverty Rate
38.5%
College Degree
4%
Uninsured
239/100K
Crime Rate
Where is Minnesota Headed?
GDP Projections ($B)
| Scenario | 1yr | 5yr | 10yr | 25yr | 50yr |
|---|---|---|---|---|---|
| Optimistic | $438B | $463B | $495B | $605B | $846B |
| Baseline | $437B | $455B | $480B | $560B | $726B |
| Pessimistic | $435B | $446B | $460B | $505B | $590B |
Political Landscape
D+3