State Overview · Census CBP 2023

Minnesota Industries

Employment and payroll benchmarks for 998 industries in Minnesota

Reading the Minnesota Industry Picture

Minnesota (MN) shows 11,538,719 workers employed across 687,966 business establishments, covering 998 industries tracked by the Census Bureau County Business Patterns 2023 program. That single-state footprint is a starting point for anyone benchmarking location strategy, evaluating a market for expansion, or simply understanding where jobs concentrate. The single largest employer-industry in Minnesota is Health Care and Social Assistance with 482,616 workers — a signal about what kind of labor market and supplier ecosystem the state actually supports.

Beyond the top employer, Manufacturing (325,317) and Retail Trade (306,468) fill out the top three, giving you a quick read on the state's economic base. Payroll dispersion is just as important as headcount: the highest-paying tracked industry (Arts, Entertainment, and Recreation) pays $420,948/yr per employee, while the lowest-paying (Information) pays $15,835/yr. That gap tells you how the state's median wage is being pulled up or down by its industry composition — critical context for anyone comparing cost of labor across markets.

Census CBP data does not include profit margins (that comes from IRS Statistics of Income at the national level only), so a full benchmark on any specific NAICS code in Minnesota requires combining this state page with the national industry page. Click any industry in the table below to drop into a Minnesota-specific NAICS view showing employment, establishments, annual payroll, and average compensation for that exact combination — then cross-reference the national page for profitability, entity structure, and SBA lending activity in the same industry.

Total Employment

11,538,719

Total Establishments

687,966

Industries Tracked

998

Top Industries by Employment

Industry Employment
Health Care and Social Assistance

NAICS 62

482,616
Manufacturing

NAICS 31

325,317
Retail Trade

NAICS 44

306,468
Accommodation and Food Services

NAICS 72

237,574
Accommodation and Food Services

NAICS 722

203,881
Professional, Scientific, and Technical Services

NAICS 54

195,107
Professional, Scientific, and Technical Services

NAICS 541

195,107
Accommodation and Food Services

NAICS 7225

178,708
Accommodation and Food Services

NAICS 72251

178,708
Administrative and Support and Waste Management

NAICS 56

178,023
Administrative and Support and Waste Management

NAICS 561

170,189
Finance and Insurance

NAICS 52

169,792
Health Care and Social Assistance

NAICS 621

154,111
Management of Companies and Enterprises

NAICS 55

151,489
Management of Companies and Enterprises

NAICS 551

151,489
Management of Companies and Enterprises

NAICS 5511

151,489
Management of Companies and Enterprises

NAICS 55111

151,489
Management of Companies and Enterprises

NAICS 551114

150,335
Construction

NAICS 23

144,692
Wholesale Trade

NAICS 42

141,431

Frequently Asked Questions

How many people are employed in Minnesota?
According to Census Bureau County Business Patterns 2023 data, Minnesota has 11,538,719 employees across 687,966 business establishments in 998 tracked industries.
What are the largest industries in Minnesota?
The largest industries in Minnesota by employment are Health Care and Social Assistance (482,616), Manufacturing (325,317), and Retail Trade (306,468).
What is the average payroll in Minnesota?
Average payroll per employee varies widely by industry in Minnesota. The highest-paying tracked industry is Arts, Entertainment, and Recreation at $420,948/yr. All data is from Census Bureau County Business Patterns 2023.
How many businesses operate in Minnesota?
Minnesota has 687,966 business establishments across 998 industries tracked by the Census Bureau County Business Patterns program. Each establishment represents a single physical location or operating unit.
Disclaimer: PlainBizBench provides publicly available IRS and Census data for informational purposes only. This is not financial, tax, or business advice. Consult a qualified accountant or financial advisor for business-specific guidance.

Source: Census Bureau County Business Patterns (CBP) 2023 · MN

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainBizBench Editorial

Verify with IRS →