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Economic Insights

See Auto Industry Impacts at the National, State, and Congressional District levels.
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State Facts

Autos Drive Minnesota Forward

Industry Impact

107.2K
107.2 Thousand total auto jobs in Minnesota
2.90%
2.90% depend on the auto industry for jobs
$7.25B
Total Labor Income Annually
$17.39B
Total Car Sales in 2022
194.3K
Total New Cars Sold in 2022
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2021 data year; compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility, sales figures represent new vehicle registrations between January 1, 2022 - December 31, 2022.

Tax Revenue

$1.23B
total state tax revenue
3.83%
% of state tax revenue
$585.9M
new vehicle sales taxes
$194.61M
used vehicle sales taxes
$131.78M
sales tax on auto parts and services
$1.85B
vehicle use taxes (including gas taxes), licenses and fees
$24.8M
corporate profits tax
$253.06M
federal income taxes

Registrations

5.14M
Registered

By Body Style

  • Cars 1,528,368 (29.73%)
  • UVs 2,027,673 (39.44%)
  • Pickups 1,134,986 (22.08%)
  • Vans/Minivans 339,658 (6.61%)

By Powertrain

  • ICE / Hybrid 5,108,775 (99.37%)
  • Electric 21,350 (0.42%)
  • Plug-In Hybrid 10,807 (0.21%)
  • Fuel Cell 0 (0%)
The Minnesota average age of vehicles is 12.5 years; The national average is 12.2.
Figures compiled by Powerbase Associates with data provided by S&P Global Mobility as of December 31, 2022.

New Purchases

194.3K
Vehicles Sold

By Body Style

  • Cars 23,092 (11.88%)
  • UVs 115,102 (59.23%)
  • Pickups 47,767 (24.58%)
  • Vans/Minivans 8,376 (4.31%)

By Powertrain

  • ICE / Hybrid 185,197 (95.3%)
  • Electric 6,998 (3.6%)
  • Plug-In Hybrid 2,142 (1.1%)
  • Fuel Cell 0 (0%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 8.51B 8.51 Billion Total Exports
  • 1.21B 1.21 Billion Total Imports

Economic Activity from 2022

  • 770.33M 770.33 Million Total Exports
  • 195.68M 195.68 Million Total Imports
Compiled by Powerbase Associates with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2022 - December 31, 2022.

Fueling

  • Gasoline Stations 2,323
  • EV Level 2 Charging Ports 1034
  • EV Level 2 Charging Stations 472
  • EV DC Fast Charging Ports 90
  • EV DC Fast Charging Stations 55
Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling data as of January 1, 2023.
Consumers
$77.7K
Median Household Income
59.10%
Owner Occupied Housing
40.90%
Rental Occupied Housing
77.30%
Owner Occupied Single Family Homes

Commuting to Work

  • Drive Alone to Work (66.45%)
  • Carpool to Work (7.13%)
  • Take Public Transportation (1.40%)
  • Work From Home (20.90%)
  • Other (4.11%)

Housing Type

  • Single Family Home (66.20%)
  • 1-Unit (6.70%)
  • 2-4 Units (6.70%)
  • 5-9 Units (4.30%)
  • 10-19 Units (4.20%)
  • 20+ Units (11.30%)
  • Mobile / RV / Boat (0.60%)
Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.

Automaker’s Facilities

Ford Motor Company Location Employees
Twin Cities Regional Office Edina, MN 13
General Motors Location Employees
GM Financial International - CARRS Bloomington, MN
Stellantis Location Employees
Minneapolis Parts Distribution Center Brooklyn Park, MN 55
Subaru of America Location Employees
Central Region - Zone 2 Minneapolis (MSP) Bloomington, MN 14
Subaru Service Training Center - Minneapolis Bloomington, MN 1