Live Federal Data

Hennepin County, Minnesota

FIPS 27053 · Minneapolis-St. Paul-Bloomington, MN-WI · Pop. 1,269,496
9 Sources May 19, 2026
$97,653
Median Income
$80,734 national
3.6%
Unemployment
5.2% national
731,383
Labor Force
54.1%
Bachelor's+
35.7% national

Demographics & Population

Census Bureau American Community Survey 2024 · 5-Year Estimates

Household Income

Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
Median Household
$97,653
Per Capita
$59,401
Mean Household
$138,433
Poverty Rate
10.0%
Median Income Comparison
Hennepin County$97,653
Minnesota$89,062
National$80,734

Population Profile

Source: Census Bureau ACS 2024 · Tables B01001, B02001, B03003 · Median Age: 38
65+: 15.6% (198,051 residents) 55-64: 12.1% (153,694 residents) 35-54: 26.3% (334,325 residents) 18-34: 24.4% (309,178 residents) Under 18: 21.6% (274,248 residents) 38 Median Age
Cohorts
Under 18 · 21.6%
18-34 · 24.4%
35-54 · 26.3%
55-64 · 12.1%
65+ · 15.6%
Race & Ethnicity
White66.3%
Black or African American13.4%
Asian7.1%
Hispanic or Latino(any race)7.8%
Hispanic or Latino is an ethnic category and overlaps with the race categories above.

Educational Attainment

Source: Census Bureau ACS 2024 · Table B15003 · Population 25+
94.1%
High School+
National: 89.6%
▲ +4.5 pts
54.1%
Bachelor's+
National: 35.7%
▲ +18.4 pts
20.3%
Graduate+
National: 14.1%
▲ +6.2 pts

Employment Overview

Source: U.S. Census Bureau · American Community Survey 2024 5-Year Estimates
1,269,496
Population
731,383
Labor Force
Employed
697,474
Unemployment Rate BLS LAUS 2025 annual
3.6% ▲ +0.7 pts YoY
Mean Commute 4 min below national avg
21.9 min
Work From Home vs 15.1% national
25.2%
Key Takeaways
Auto-generated from benchmark deltas. Bullets only appear when the comparison is meaningful.

Economy & Industry

Bureau of Labor Statistics QCEW

Top Industries by Employment

Source: Bureau of Labor Statistics · Quarterly Census of Employment & Wages 2024 Annual
IndustryEmploymentShare of Top 10Avg Wage
1Health Care and Social Assistance
152,262 21.9%
$68,137
2Professional, Scientific, and Technical Services
90,995 13.1%
$134,844
3Manufacturing
75,553 10.9%
$94,542
4Finance and Insurance
69,484 10.0%
$165,586
5Retail Trade
67,469 9.7%
$46,382
6Accommodation and Food Services
65,586 9.4%
$32,859
7Management of Companies and Enterprises
51,998 7.5%
$143,235
8Administrative and Support and Waste Management
48,391 7.0%
$57,360
9Wholesale Trade
41,339 5.9%
$118,735
10Transportation and Warehousing
32,767 4.7%
$84,319
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Key Takeaways
Generated from BLS QCEW.
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EP customers get year-over-year deltas, WARN notices, and SEC filings for every sector tracked above, surfaced as proactive alerts, not after-the-fact news.

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Industry Concentration

Location Quotient measures regional specialization vs. national average. LQ > 1.0 = concentrated.

Location Quotient Analysis

Concentrated Industries
Source: BLS QCEW · 3-digit NAICS sub-sector · Location Quotient vs. national employment share
Same source as the Top Industries table above, sub-sector view surfaces the specialization the supersector view masks (e.g., Plastics & Rubber Manufacturing inside the Manufacturing supersector).
Air Transportation
4.10x
13,716
Lessors of Nonfinancial Intangible Assets
3.89x
511
Miscellaneous Manufacturing
3.84x
13,929
Management of Companies and Enterprises
3.36x
51,998
Securities, Commodity Contracts, Investments
2.31x
14,782
Printing and Related Support Activities
2.27x
4,792
Computer and Electronic Product Manufacturing
2.19x
13,216
Insurance Carriers and Related Activities
2.06x
31,649
Performing Arts, Spectator Sports, and Related
1.72x
5,820
Machinery Manufacturing
1.61x
10,545

Cluster Depth

Source: BLS QCEW · Sub-sectors with LQ ≥ 1.5 indicate genuine cluster concentration
Dominant Cluster
Management of Companies & Enterprises Cluster
Coherent grouping of concentrated sub-sectors, signals supply-chain fit for site selectors
51,998
Cluster Employment
3.36x
Peak LQ
Concentrated Sub-Sectors
Air Transportation
4.10x 13,716
Lessors of Nonfinancial Intangible Assets
3.89x 511
Miscellaneous Manufacturing
3.84x 13,929
Management of Companies and Enterprises
3.36x 51,998
Securities, Commodity Contracts, Investments
2.31x 14,782
Printing and Related Support Activities
2.27x 4,792
Computer and Electronic Product Manufacturing
2.19x 13,216
Insurance Carriers and Related Activities
2.06x 31,649
Performing Arts, Spectator Sports, and Related
1.72x 5,820
Machinery Manufacturing
1.61x 10,545

Attraction Opportunities

LQ < 0.5 with ≥ 50 employed, realistic diversification targets. Source: BLS QCEW
0.03x
Support Activities for Agriculture and Forestry
67 employed
0.06x
Transportation Equipment Manufacturing
595 employed
0.20x
Crop Production
655 employed
0.21x
Wood Product Manufacturing
519 employed
0.22x
Nonmetallic Mineral Product Manufacturing
551 employed
0.26x
Heavy and Civil Engineering Construction
1,745 employed
0.27x
Textile Product Mills
157 employed
Key Takeaways
Generated from BLS QCEW sub-sector Location Quotients.
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Hennepin County's Top Sectors by Workforce Share
Each rectangle's area is proportional to that sector's share of total private-sector employment across all NAICS supersectors. Hover for exact employment.
Source: Bureau of Labor Statistics QCEW 2024 Annual · Private sector, NAICS supersectors

Housing & Affordability

Census ACS · HUD Fair Market Rents FY2026

Housing Overview

Source: Census Bureau ACS 2024 5-Year Estimates · Tables B25001, B25077, B25064
$392,900
Median Home Value vs 2019
$1,487
Rent/Mo
62.7%
Owner-Occ
5.6%
Vacancy
4.0x
Home Value to Income Ratio
vs. ~4.1x national average

HUD Fair Market Rents

Source: HUD · Fair Market Rents FY2026
Studio
$1,242/mo
1 Bedroom
$1,405/mo
2 Bedroom
$1,709/mo
3 Bedroom
$2,262/mo
4 Bedroom
$2,531/mo
30% of monthly median household income (~$2,441/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
Generated from Census ACS housing tables + HUD Fair Market Rents.

Workforce Pipeline

Labor force readiness, commuting, and workforce composition

Labor Market Overview

Source: Census ACS 2024 · Tables B01001, B23025, B08303, B08301
797,197
Working Age (18-64) vs 2019
Mean Commute 4 min below national avg
21.9 min
Work From Home vs 15.1% national
25.2%
Prime-Age Employed (25-54)
87.5%
of prime-age population
Labor force participation rate: 91.7% of working-age population (18-64) 92% Participation
▲ vs 2019

Education & Talent Pipeline

Source: Census ACS 2024 · Table B15003 · College Scorecard
Bachelor's+
54.1%
HS Diploma+
94.1%
Local Institutions
Total credentials awarded
49,702/yr
Capella University 14,847/yr
University of Minnesota-Twin Cities 13,676/yr
Walden University 12,870/yr
Minnesota State University-Mankato 3,728/yr
University of Minnesota-Duluth 2,468/yr
Century College 2,113/yr

Aging Workforce

Source: Census Bureau ACS · Derived from age & employment tables
19.3%
55+ of working-age population (18-64)

Workforce by Occupation

Source: Census ACS 2024 · Table C24010 · Civilian employed population 16+
Management / Professional
55.9%
Service
12.6%
Sales & Office
17.6%
Construction / Maint.
3.9%
Production / Transport
10.1%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 697,474 employed workers.
Key Takeaways
Generated from ACS workforce data and College Scorecard.

AI-Powered Insights

Machine learning analysis across 20+ federal data sources

Sample AI Insight
- a preview of the kind of synthesis EP produces for paying customers

Hennepin County shows meaningful potential for air transportation attraction, with a 4.10x concentration and 13,716 jobs in this sub-sector.

The interconnected base across air transportation, lessors of nonfinancial intangible assets, and miscellaneous manufacturing creates supply-chain attraction leverage rather than single-employer risk, a structural advantage for industrial recruitment.

Industry Shift Analysis

Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100

Prospect Match Scores

Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100

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Economic
Demographic
Housing
Workforce
Median Income
$97,653
vs $80,734 national
Labor Force
731,383
Unemployment
3.6%
vs 5.2% national
Top Employers by Sector
Health Care and Social Assistance
152,262
Professional, Scientific, and Technical Services
90,995
Manufacturing
75,553
Finance and Insurance
69,484
Retail Trade
67,469
Census ACS, BLS QCEW, BEA, HUD · Auto-updatedPowered by ExecutivePulse
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Data Sources

All data from official federal APIs. Auto-refreshed on publication schedules.

Census ACS 5-Year2024
BLS QCEW2024 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
Census CBP2023
HUD Fair Market RentsFY2026
FCC Broadband Map2025
USAspending.govFY2026
College ScorecardAY 2022-23