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Minneapolis CBD accounts for 20% of multifamily development since 2012 and 20% of future construction/602/minneapolis-st-paul-1-16-18-cbd-accounts<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/residential-multifamily-sunset.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/602/minneapolis-st-paul-1-16-18-cbd-accountsMinneapolis CBD accounts for 20% of multifamily development since 2012 and 20% of future construction​Across the Minneapolis-St. Paul metro, the Minneapolis CBD is the most attractive neighborhood for new multifamily development, capturing one out of five new units delivered since 2012 (or 3,560 units in total).
Med-tech shows strongest five year employment growth among Minnesota’s top 15 employers/559/minneapolis-12-18-17-medical-alley<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/doctor-patient-smiling-women.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/559/minneapolis-12-18-17-medical-alleyMed-tech shows strongest five year employment growth among Minnesota’s top 15 employersMinnesota is known as “Medical Alley” and its top employers list backs up that claim.
Minneapolis-St. Paul unemployment approaches 20-year low; #1 among all large metros at 2.3%/540/minneapolis-12-11-17-unemployment<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-meeting-tablets.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/540/minneapolis-12-11-17-unemploymentMinneapolis-St. Paul unemployment approaches 20-year low; #1 among all large metros at 2.3%​Preliminary numbers for October place Minneapolis – St. Paul at the top spot among large metros (shared with Nashville) for the lowest percent of civilian workers looking for work.
Minneapolis-St. Paul residents have 4th highest credit scores in the nation; #1 among all large Midwest metros/520/minneapolis-st-paul-12-4-17-highest-credit-scores<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-hands-meeting.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/520/minneapolis-st-paul-12-4-17-highest-credit-scoresMinneapolis-St. Paul residents have 4th highest credit scores in the nation; #1 among all large Midwest metros​The state of Minnesota has consistently ranked first in the nation for its residents’ credit scores.
Minnesota’s out-of-state tech employees come from Wisconsin /481/minneapolis-st-paul-11-13-17-out-of-state-tech-employees<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-conference-office.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/481/minneapolis-st-paul-11-13-17-out-of-state-tech-employeesMinnesota’s out-of-state tech employees come from Wisconsin Minneapolis-St. Paul boasts one of the lowest overall unemployment rates throughout the country at 2.9%.
Twin Cities’ median household income expected to increase 10% across all age ranges by 2022/458/minneapolis-st-paul-11-6-17-median-household-income<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-teamwork-office.png?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/458/minneapolis-st-paul-11-6-17-median-household-incomeTwin Cities’ median household income expected to increase 10% across all age ranges by 2022​When considering growing economic opportunity and projected inflation, median household income for the Minneapolis-St. Paul metro is expected to increase an average of 10 percent within the next five years.