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Minnesota

Scott D. Watkins and Patrick Anderson
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Scott D. Watkins: Anderson Economic Group, LLC

A chapter in The State Economic Handbook 2008 Edition, 2007, pp 115-119 from Palgrave Macmillan

Abstract: Abstract Demographics and Socioeconomics. With a population of 5.0 million people, Minnesota was the twentyfirst most populous state in the United States in 2005. From 2000 to 2005 the state’s population increased by 70,369 people, and is projected to increase to 6.1 million by 2025. This 1.0 percent projected annual growth rate is equal to the projected national average. The state’s 2005 per capita personal income of $37,322 was the nineth highest in the United States and $2,827 above the national average. Per capita income in Minnesota grew at an average annual rate of 3.1 percent from 2000 to 2005, compared to 2.9 percent nationally.

Keywords: National Average; Capita Income; Annual Growth Rate; Average Annual Rate; Agency Agency (search for similar items in EconPapers)
Date: 2007
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Chapter: Minnesota (2009)
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DOI: 10.1057/9780230607248_24

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