The Minneapolis Regional Chamber serves the Greater MSP region, one of the most vibrant and economically diverse metropolitan areas in the United States.
Key Statistics
Population and Demographics
3.6M
Population
25.2%
Population of color
$83,698
Median Household Income
9.85%
Top Tier Tax Rates: Personal Income Tax
Housing Affordability
$315,200
Median Home Purchase Price
4.4%
Annual Change in Median Apartment Rent
Entrepreneurship
55.3%
Establishments Surviving 5 Years
9.8%
Top Tier Tax Rates: Corporate Tax
Infrastructure and Power
61.7%
Population With Commutes Less Than 30 Minutes
89%
Population Living Within 10 Minute Walk to a Park
62%
Electricity Produced from Non-carbon Sources
Talent Availability
53.5%
Population 25+ With Associate’s Degree or Higher
43.2%
Population 25+ With a Bachelor’s Degree or Higher
71.6%
Labor Force Participation Rate
89.2%
High School Graduation Rate: White
74.9%
High School Graduation Rate: Of Color
MN Workforce By The Numbers
1,747,716
The MSP region civilian labor force count
88.8%
The participation rate of the prime working age population (between the ages of 25 and 64). The statewide average is 88.3%.
90.8%
of prime working age adult residents have at least a high school diploma or GED.
31.7
The MSP metro area’s median age is younger than the statewide median, mostly attributable to a larger share of 25-34 year-olds calling the MSP metro home.
53.5%
Population 25+ With Associate’s Degree or Higher
43.2%
Population 25+ With a Bachelor’s Degree or Higher
Sources:
- MSP METRO AREA – CTE, WORKFORCE TRENDS & CAREERS OF TOMORROW – RealTime Talent
- Regional Indicators Dashboard – GreaterMSP
Our Region
The Minneapolis Regional Chamber identifies the Minneapolis Saint Paul (MSP) region as 11 counties in the Twin Cities and western Wisconsin :
- 1. Isanti
- 2. Chisago
- 3. Sherburne
- 4. Anoka
- 5. Wright
- 6. Washington
- 7. Hennepin
- 8. Ramsey
- 9. Carver
- 10. Scott
- 11. Dakota
- Wisconsin
- 12. St. Croix
- 13. Pierce
These Minnesota counties, including two in Wisconsin, make up our “metropolitan statistical area” and provide a standard, geographic definition for our region that is widely accepted across the nation.
Workforce & Talent Development
Creating a qualified and diverse workforce is necessary to both maintain the competitiveness and strength of the region’s businesses, but to also stimulate new business growth and development.
The Chamber works directly with employers across every sector of business to find, recruit, and develop top talent.
For new or existing businesses looking to relocate or expand into the MSP region, the Chamber offers competitive workforce and talent development resources to aid in the relocation process and talent acquisition.
Major Employers
Regional Employment by Industry
17.99%
Trade, Transportation, Utilities
16.76%
Educational & Health Services
16.20%
Professional and Business Services
12.39%
Public Administration
9.89%
Manufacturing
9.45%
Leisure and Hospitality
7.44%
Financial Activities
3.92%
Other Services
1.87%
Information
0.91%
Construction
0.04%
Mining & Natural Resources
Major Industries
Advanced Manufacturing
Leading Life Sciences
Clean Tech & Renewable Energy
Food & Agriculture
Technology & Innovation
World Class Retail
Services Supporting Our Ecosystem
Finance & Insurance Ecosystem
Live MSP
Minneapolis is known for its world-famous theater, arts, and culture scene – but our entire region is full of bold personalities, memories-to-be-made, and dreams come true. Walk through charming main streets, dip your feet in cool lake water on a hot summer day or bite into your new favorite meal. Whatever your passion, find it in MSP.
Work MSP
Our region is the thriving and diverse economic hub of the upper Midwest. From Fortune 500 companies to mom-and-pop shops, our businesses span hundreds of industries across dozens of sectors. For job seekers, the MSP region is the perfect place to relocate.
