Minnesota Household Income Indicators (2024)

Median Income

$89,062

Total Households

2,307,955

High Earners ($150k+)

25.0%

Very Low (<$20k)

9.0%

Minnesota Household Income Distribution Chart

Income Distribution for
Figure 1: Percentage of households per income bracket in Minnesota (2024).

Minnesota Household Income Breakdown by Bracket

Economic ClassPercentage
Very Low <$20k9.0%
Low $20k-34k8.3%
Lower Middle $35k-49k9.3%
Middle $50k-74k15.6%
Upper Middle $75k-149k32.8%
High $150k+25.0%



Household Income FAQs for Minnesota

The median household income in Minnesota is $89,062.

In recent years, the median household income in Minnesota has increased by 55.6%.