Hennepin County, Minnesota

Income Data

+27% vs. Minnesota average
$96,339
Median Household Income
$57,633
Per Capita Income

At a Glance

Median Household Income
$96,339
+27% vs. state avg
Per Capita Income
$57,633
+46% vs. national
Income-to-Housing Ratio
25.6%
income as % of home value
Rank in Minnesota
#9 / 87
by median household income

How Hennepin County Compares

Hennepin County$96,339
Minnesota Average$75,757
National Median$74,755

Detailed Income Statistics

$96,339
Median Household Income
$57,633
Per Capita Income
$376,500
Median Home Value
25.6%
Income-to-Housing Ratio

Data Story

About Household Income in Hennepin County, Minnesota

Hennepin leads national income rankings

Hennepin County's median household income of $96,339 towers 28.8% above the U.S. median of $74,755. This $21,584 advantage reflects the county's status as Minnesota's economic powerhouse, anchored by Minneapolis.

Hennepin dominates Minnesota's income ladder

At $96,339, Hennepin County earns 27.2% more than Minnesota's state average of $75,757, ranking among the state's top-earning counties. Its per capita income of $57,633 also significantly outpaces the state average of $39,335.

Hennepin earnings tower over region

Hennepin's $96,339 median income exceeds Goodhue County ($82,749) by $13,590 and Grant County ($72,957) by $23,382. The county's $376,500 median home value reflects premium urban and suburban markets that attract high-earning households.

High earners face elevated housing costs

Despite high incomes, Hennepin's rent-to-income ratio of 17.9% exceeds the recommended 15% threshold, signaling that housing absorbs more of household budgets here. The median home at $376,500 requires roughly 3.9 years of gross income—substantially higher than surrounding counties.

Hennepin wealth-builders look beyond housing

With median incomes of $96,339, Hennepin households earn enough to invest aggressively in retirement, education, and diversified portfolios despite housing costs. High earners here should prioritize tax-advantaged accounts like 401(k)s and IRAs to maximize wealth accumulation.

Frequently Asked Questions

What is the median household income in Hennepin County, Minnesota?
The median household income in Hennepin County, Minnesota is $96,339, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Hennepin County?
The per capita income in Hennepin County is $57,633, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $96,339.
How does Hennepin County compare to the Minnesota average?
Hennepin County's median household income of $96,339 is higher than the Minnesota state average of $75,757. The per capita income is $57,633, compared to the state average of $39,335.
What is the per capita income in Hennepin County, Minnesota?
The per capita income in Hennepin County, Minnesota is $57,633, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Hennepin County income higher than the Minnesota average?
Hennepin County's median household income of $96,339 is higher than the Minnesota average of $75,757. This difference of $20,582 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Hennepin County rank for income in Minnesota?
Hennepin County ranks #9 out of 87 counties in Minnesota by median household income (1 = highest). With a median household income of $96,339 and per capita income of $57,633, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Hennepin County

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County median: $96,339 per year

vs. County Median

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vs. State Average

+27%

vs. National Median

+29%

vs. Hennepin County MedianAbout equal
vs. Minnesota Average27% above
vs. National Median29% above

Income Adequacy

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Your monthly income ($8,028) vs. median rent ($1,439/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.