Economic Insights

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

Every State is an Auto State

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State Facts

Autos Drive Minnesota Forward

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83,107
83,107 Total Auto Jobs in Minnesota
2.19%
2.19% is dependent on the Auto Industry for Jobs.
$4.81B
Total Labor Income Annually
$8.32B
Total Car Sales in 2018
250.5K
Total New Car Sold in 2018

Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2018 data year; compiled by Auto Alliance with data provided by IHS Markit, sales figures represent new vehicle registrations between January 1, 2018 - December 31, 2018.

Tax Revenue

$725.1M
Total State Tax revenue
2.7%
Percent of State Tax Revenue
$576.2M
New Vehicle Sales Taxes
$326.8M
Used Vehicle Sales Taxes
$135.2M
Sales Tax on Auto Parts and Services
$1.78B
Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
$9.3M
Corporate Profits Tax
$105M
State Income Taxes

Registrations

5,134,436

Registered

By Body Style

By Powertrain

The Minnesota average age of vehicles is 11.82 years.

Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit as of December 31, 2018.

New Purchases

250,471

Vehicles Sold

By Body Style

By Powertrain

$1.59B
$1.59 Billion Total Imports
$7.28B
$7.28 Billion Total Exports
$131.5M
$131.5 Million Total Imports
$900.8M
$900.8 Million Total Exports
Compiled by Alliance for Automotive Innovation with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2018 - December 31, 2018.
Gasoline Stations 2917
Electric Charging Stations 326
Biodiesel Stations 16
Compressed Natural Gas Stations 16
Hydrogen Stations 0
Liquefied Natural Gas Stations 0
Liquefied Petroleum Gas Stations 47

$33,234

$33,234 Average MSRP Per New Car

$68,388

$68,388 Median Household Income

$5,699

$5,699 Median Monthly Household Income

$506

$506 Median Monthly New Car Payment

8.88%

8.88% Monthly Car Payment As A Percent Of Monthly Income (%)

Commuting to Work

Automakers' Facilities

Ford Motor Company

Location Employees
Twin Cities Regional Office Edina 13

General Motors

Location Employees
GM Financial International - CARRS Bloomington

Stellantis

Location Employees
Minneapolis Parts Distribution Center Brooklyn Park 77

Subaru of America

Location Employees
Central Region - Zone 2 Minneapolis (MSP) Bloomington 12
Subaru Service Training Center - Minneapolis Bloomington 2