Detailed List Of The 100 Biggest Companies In Minnesota
| Rank | Company | City |
|---|---|---|
| 1 | Target | Minneapolis |
| 2 | UnitedHealth Group | Minnetonka |
| 3 | Cargill | Wayzata |
| 4 | Best Buy | Richfield |
What are the 3 major industries in MN?
Major industries include utilities, fabricated metal product manufacturing, machinery manufacturing, plastics and rubber manufacturing, furniture and related product manufacturing, manufacturing, health care and retail.
What is Minnesota’s biggest industry?
Services. The most important community, business, and personal services include private health care, computer programming and data processing, legal services and automobile repair. Ranking second in the services sector are finance, insurance and real estate industries.
What is the biggest employer in Minnesota?
Minnesota state government is the largest employer in the state of Minnesota, with over 50,000 employees in more than 100 state agencies, boards, commissions, colleges, and universities across the state.
What is the most valuable company in Minnesota?
Minnesota’s Most Valuable Brands of 2021 Revealed
- United Healthcare is Minnesota’s most valuable brand, with a brand value of US$27.3 billion.
- Target (US$20.7 billion) and Optum (US$12.4 billion) complete Minnesota’s top three.
- Target also recorded the fastest brand value growth in Minnesota this year, up 30% from 2020.
Is Minnesota rich or poor?
Minnesota’s wealth is impressive, but not extravagant. The state’s residents are mostly middle or upper-middle class, and its poverty rate of 8.7% is the 2nd lowest of any top 10 state.
What industry is Minnesota known for?
More than any other Midwestern state, Minnesota attracted entrepreneurs and engineers, especially in the computer industry, and became a leading center of computer manufacturing after the war.
Where does Minnesota get its money from?
Income, sales, corporate income, and the statewide property tax are the four largest sources of general fund revenues. Revenue from other taxes including tobacco, alcohol, estate and lawful gambling along with non-tax revenue from fees, investment income and other sources is also deposited in the general fund.
Does Minnesota have a good economy?
Economic Outlook Rank
Minnesota is currently ranked 46th in the United States for its economic outlook.
How many businesses are in Minnesota?
Minnesota has 464,946 small businesses, according to the most current federal data available. Of those 464,946 small businesses in Minnesota, 131,674 have employees.
What is the oldest company in Minnesota?
In 1853 seventeen pioneering entrepreneurs founded the St. Paul Fire and Marine Insurance Company, now Minnesota’s oldest business corporation.
Why are there so many Fortune 500 companies in Minnesota?
“As general populations have moved more to the south and the west, we see business headquarters there also,” Shaver says. “But here in the Twin Cities, we’re in neither the south nor the west, and we’ve increased the number of Fortune 500s over the last 60 years.
How many Fortune 500 companies are based in Minnesota?
That would have taken Minnesota’s tally down to 15 companies, but St. Paul-based Securian Financial Group Inc. regained its spot on the Fortune 500.
New Fortune 500: 16 Minnesota Companies Make List.
| Company | 2020 Fortune 500 Ranking | Revenue |
|---|---|---|
| Best Buy | #75 | $43.6 billion |
| 3M | #103 | $32.1 billion |
| CHS | #105 | $31.9 billion |
| U.S. Bancorp | #113 | $27.3 billion |
How many Fortune 500 companies are based in MN?
16
Minnesota had another strong showing on the annual Fortune 500 list. In the 2021 list, 18 Minnesota companies made the cut, up from 16 a year ago. Each year, Fortune magazine ranks the top U.S. companies by annual revenue.
What industry is in Minneapolis?
Greater MSP’s Growing Industry Sectors
Combined, the health care, manufacturing, and professional/scientific services industry sectors employ roughly one-quarter of the region’s workforce.
What is Minnesota good for?
Minnesota’s known for its people, affordability, and festivals. If you’re considering moving, you’ll want to go to this area. The cities are clean, and the small towns have their charms. This northern star state is striking, but it’s also a place most can afford to live.
Which state is richest in USA?
Richest U.S. States by GDP
- 1. California. California, the nation’s most populous state, has the largest state GDP of $3,120,386,000. California’s median household income is $80,440, the sixth-highest in the U.S.
- Texas.
- New York.
- Florida.
- Illinois.
What is the poorest U.S. state?
Poverty rates were highest in the states of Mississippi (19.58%), Louisiana (18.65%), New Mexico (18.55%), West Virginia (17.10%), Kentucky (16.61%), and Arkansas (16.08%), and they were lowest in the states of New Hampshire (7.42%), Maryland (9.02%), Utah (9.13%), Hawaii (9.26%), and Minnesota (9.33%).
Is Minnesota a good state to live in?
1. The experts agree. U.S. News & World Report recently ranked Minnesota the second best state in the country. Their study considered factors like health care, economy, infastructure, environment, and more.
Why is Minnesota the best state to live?
The state earned the ranking due to its low-carbon energy system and robust secondary education. The state’s economy is also the fastest-growing in the nation. Following the Evergreen State in the overall rankings is Minnesota at No. 2 and Utah at No.
What does Minnesota spend the most on?
Minnesota’s largest spending areas per capita were public welfare ($3,021) and elementary and secondary education ($2,422). The Census Bureau includes most Medicaid spending in public welfare but also allocates some of it to public hospitals.