Census ACS 5-year estimates · 2026

Minnesota Income Statistics for 2026

The average income for households in Minnesota is $118,304, which is 4% higher than the US average.

The median income for households in Minnesota is $89,062, which is 10% higher than the US median.

Minnesota has a population-weighted median household income of $93,877 and mean household income of $119,200 across 873 ZIP codes — 7.2% higher than the US average for median income.

Median household income (ZIP-weighted)

$93,877

US ZIP-weighted median: $87,610 · 7.2% higher than the US average

Mean household income (ZIP-weighted)

$119,200

US ZIP-weighted mean: $113,774 · 4.8% higher than the US average

Per capita income

$48,252

US per capita: $44,688 · 8% higher than the US average

Population & households

Population
5,737,776
Households
2,308,057
ZIP codes
873

By age of householder

Median household income by age in Minnesota

Census ACS table B19049 · 2024 5-year estimates

Under 25
$52,863+17% vs US

Gray bar = US median ($45,332)

25 to 44
$103,058+14% vs US

Gray bar = US median ($90,756)

45 to 64Peak
$110,891+13% vs US

Gray bar = US median ($97,843)

65 and over
$60,491+4% vs US

Gray bar = US median ($58,390)

In Minnesota, younger households (householder under 25) report a median income of $52,863. Income peaks for householders aged 45 to 64, at $110,891. Among householders 65 and over, the median falls to $60,491 — a common pattern as people transition from career earnings to retirement income.

Income distribution

How Minnesota households are spread across income levels

Census ACS table B19001 · 2,307,955 households · 2024 5-year estimates

Less than $10,000
87,1654%
$10,000 to $14,999
61,9883%
$15,000 to $19,999
59,2323%
$20,000 to $24,999
61,7073%
$25,000 to $29,999
62,5763%
$30,000 to $34,999
66,9023%
$35,000 to $39,999
71,2653%
$40,000 to $44,999
71,7583%
$45,000 to $49,999
72,4623%
$50,000 to $59,999
148,5976%
$60,000 to $74,999
210,7099%
$75,000 to $99,999
304,11413%
$100,000 to $124,999
255,89011%
$125,000 to $149,999
196,6859%
$150,000 to $199,999
257,86411%
$200,000 or moreLargest
319,04114%

Under $50k

27%

$50k–$99k

29%

$100k–$149k

20%

$150k+

25%

Minnesota has 2,307,955 households spread across 16 income brackets. The largest share (14%) falls in the $200,000 or more range. Roughly 45% of households earn $100,000 or more per year. About 27% earn less than $50,000.

Richest Minnesota ZIP codes

Richest ZIP codes are ranked by mean household income among ZCTAs with at least 500 residents. Census suppresses exact medians above $250,000; mean income avoids ties.

RankZIPCountyPopulationMean incomeMedian income
155424Hennepin County10,289$350,782$250,001
255356Hennepin County5,696$313,991$156,622
355391Hennepin County15,502$286,470$174,301
455331Hennepin County19,805$259,689$159,450
555982Mower County551$242,635$102,344
655436Hennepin County14,462$242,131$144,129
755340Hennepin County10,183$235,300$178,553
855439Hennepin County9,459$233,806$168,693
955042Washington County13,705$215,081$154,341
1055410Hennepin County20,422$214,991$146,425

All Minnesota ZIP codes

873 ZIP codes grouped by county. Each code opens its income page.

Benton County4

Clearwater County5

Kanabec County3

Lac qui Parle County5

Lake of the Woods County3

Pennington County3

Red Lake County4

Traverse County4

Wadena County4

Waseca County4

Hero statistics use official Census ACS state totals (tables B19013 and S1902). Figures in this section are population-weighted aggregates of ZIP Code Tabulation Area (ZCTA) estimates for browsing individual ZIP codes. Page URL: https://resource.skyrocketbpo.com/tools/market-research/us-income-demographics-by-zip-code/minnesota

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

Using Minnesota income data for market research

Household income in Minnesota is a core input for market sizing, franchise territory analysis, and local business plans. This page aggregates 873 ZIP Code Tabulation Areas (ZCTAs) using the U.S. Census Bureau's American Community Survey (ACS) 2024 5-year estimates — the same vintage used in official state tables B19013 (median income) and B19001 (income distribution).

Minnesota's population-weighted median household income is $93,877, 7.2% above the US ZIP-weighted median. Mean household income of $119,200 is typically higher than the median when affluent households pull up the average — a signal worth checking before assuming a market is uniformly wealthy.

In Minnesota, younger households (householder under 25) report a median income of $52,863. Income peaks for householders aged 45 to 64, at $110,891. Among householders 65 and over, the median falls to $60,491 — a common pattern as people transition from career earnings to retirement income.

Minnesota has 2,307,955 households spread across 16 income brackets. The largest share (14%) falls in the $200,000 or more range. Roughly 45% of households earn $100,000 or more per year. About 27% earn less than $50,000.

ACS 5-year estimates combine five years of survey responses, improving reliability for smaller geographies at the cost of timeliness. For high-stakes decisions — site selection, loan underwriting, or investor decks — cross-check these figures with the primary Census tables linked below and note that the Census top-codes median household income at $250,001, so ZIP codes at that ceiling are genuinely in the highest reported bracket.

Data vintage: Census ACS 2024 5-year estimates (published 2026). Tables: B19013 (median HH income), B19001 (distribution), B19049 (income by age of householder).

Authoritative sources & further reading

Primary government data and reference pages for verifying and extending this analysis.

Related market research tools

Combine ZIP-level income with these free Resource tools for fuller market pictures.

Nearby states

All states