Home to more than 5.3 million people, Minnesota is undergoing major shifts.
- Statewide, median income remained about the same from 2011 to 2012. However, the Twin Cities 13-county metro region median increased from 64,676 in 2011 to $66,282 in 2012.
- Median income for households with foreign-born householders increased $3,419 from 2011 to $48,040 in 2012.
- Minnesota is one of only two states in the nation to see a drop in poverty rates from 2011 to 2012. After three consecutive years of increases, Minnesota’s poverty rate showed a statistically significant decrease from 11.9 percent in 2011 to 11.4 percent in 2012.
- Nearly 1 in every 5 preschoolers in Minnesota lives in a household whose income is below the poverty line, compared with 1 in 13 in their prime working years (45-64), and only 1 in 16 of those in the early years of traditional retirement (65-74). Young adults (18-24) buck the trend, with the highest rate: 1 in 4.
- At 27 percent, the poverty rate among Minnesotans of color is high. Poverty rates are especially high among certain groups including African Americans (38%), American Indians (32%), and Hispanics (26%).
- In 2011, 32 percent of Minnesotans (age 25+) had a bachelor's degree or higher, compared with 29 percent of the nation overall.