More to love: Compass revises economy and workforce measures and adds a host of neighborhood profiles
By Craig Helmstetter, Ph.D., Minnesota Compass
Thanks to our most recent advisory group, we have a new answer: Minnesota’s economy is doing relatively well. Not great, but good. Compared to all other states, Minnesota ranks:
A stellar advisory group – one of our largest to date, including representatives of all sectors and political persuasions from all across the state – met over the summer and selected these measures as being the best tip-of-the-iceberg representations of our overall economy. Special thanks to the advisory group’s co-conveners: Kathy Tunheim, CEO of Tunheim Partners and now serving as Governor Dayton’s special advisor on job creation, and Bill Blazar of the Minnesota Chamber of Commerce.
This was our first official convening of a group to check back over a topic area to see if we are still tracking the best indicators. Our plan is to do this for all of the topics over the next couple of years, to ensure that Compass key measures remain relevant. We started with Economy & Workforce, since our original key measures were established just prior to the Great Recession, and certainly a lot has changed since then! The group also expressed a lot of interest in moving beyond a handful of key measures, to establish a more comprehensive “jobs and economic vitality dashboard.” We currently are pursuing resources for this initiative and hope to launch it early next year.
While statewide information is useful, taking action often requires local information. That is why, just like in other topics, we look at each of the Economy & Workforce Key Measures from a lot of different angles. Where ever possible we show how things look for the state’s regions, counties, and even for each of Minnesota’s 52 cities with 20,000 or more residents.
For example, the areas with highest median household incomes in our state are:
In addition, if you are interested in areas within Minneapolis or Saint Paul you now have a brand new resource – a whole series of Neighborhood Profiles that show a host of information at a very local level. They show, for example, that Minneapolis’s Southwest Community has a median household income of nearly $86,000 and the median income of Saint Paul’s Macalester-Groveland is about $74,000.
Yes! Thanks to generous support from the McKnight Foundation, and the insights of yet another all-star advisory group, we are proud to announce that Compass now features data profiles for each of the neighborhoods in Minneapolis and Saint Paul! Special thanks to advisory group co-conveners Sarah Hernandez of McKnight’s Region and Communities program, and Jeff Washburn, President of the Metropolitan Council of Community Developers, and Executive Director of the City of Lakes Land Trust.
Our new Minneapolis-Saint Paul Neighborhoods page, provides access to an 8 page data profile for each of Saint Paul’s 17 neighborhoods (which coincide with the city’s district council jurisdictions), and each of Minneapolis’s 87 neighborhoods. We also provided profiles for each of Minnepolis’s 11 “communities” – each of which contains 2 or more neighborhoods. That’s 115 profiles total!
You can access the profiles through an interactive map, or you can click “View List” above the map on the right and navigate to your favorite neighborhood by name. This new page also includes links to several other providers of local-level data, as well as some other relevant neighborhood-development oriented organizations in the Twin Cities.
That is hard to say. There is sooooo much information in these profiles, and sooooo many of them, that I am sure we will be finding interesting data in them for several months. I was, of course, personally interested in the neighborhoods where I have lived: Did you know that nearly 90 percent of households in Minneapolis’s Marcy-Holms neighborhood rent? Or that over 80 percent of the homes in Saint Paul’s Summit Hills neighborhood were built before 1940?
I was also interested in some of the extremes that you can find in the profiles. For example:
We would love to hear what you find interesting in the profiles, and how you put them to work.
Yes. Analyst Alert! The data-savvy among you can find a link to a gigantic data file just below the map on the new Neighborhoods page. It includes nearly all of the information that went into the much more user-friendly profiles, complete with margins of error and more detailed source documentation. This is a gold mine for planners, data wonks, and masher-uppers of all stripes. We can’t wait to see how you use this data – let us know!