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Economic Insights

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

Every State is an Auto State

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Congressional District 2

Autos Drive Minnesota Forward

Industry Impact

11.8K
11.8 Thousand total auto jobs in Minnesota
3.05%
3.05% depend on the auto industry for jobs
$713.5M
Total Labor Income Annually
$1.5B
Total Car Sales in 2018
45.4K
Total New Cars 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

$121M
total state tax revenue
$1.6M
corporate profits tax
$16.3M
state income taxes

Registrations

657.9K
Registered

By Body Style

  • Cars 269,594 (40.98%)
  • CUVs 160,124 (24.34%)
  • SUVs 69,601 (10.58%)
  • Pickups 109,584 (16.66%)
  • Vans/Minivans 48,995 (7.45%)

By Powertrain

  • Gas 631,489 (95.99%)
  • Diesel 15,270 (2.32%)
  • Hybrid 9,802 (1.49%)
  • Electric 631 (0.1%)
  • Plug-In Hybrid 706 (0.11%)
The Minnesota congressional district 2 average age of vehicles is 10.56 years.

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

New Purchases

45.4K
Vehicles Sold

By Body Style

  • Cars 10,945 (24.11%)
  • CUVs 19,698 (43.39%)
  • SUVs 3,888 (8.56%)
  • Pickups 7,851 (17.29%)
  • Vans/Minivans 3,021 (6.65%)

By Powertrain

  • Gas 43,216 (95.19%)
  • Diesel 1,025 (2.26%)
  • Hybrid 773 (1.7%)
  • Electric 259 (0.57%)
  • Plug-In Hybrid 130 (0.29%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 0.00 0.00 Total Imports
  • 0.00 0.00 Total Imports

Economic Activity from 2018

  • 0.00 0.00 Total Imports
  • 0.00 0.00 Total Imports

Compiled by the 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.

Fueling

  • Gasoline Stations 301
  • Electric Charging Stations 36
  • Biodiesel Stations 6
  • Compressed Natural Gas Stations 2
  • Liquefied Petroleum Gas Stations 6

Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling stations as of April 9, 2019.

Consumers
$32.8K
Average MSRP Per New Car
$81.9K
Median Household Income
$6.8K
Median Monthly Household Income
$498.99
Median Monthly New Car Payment
7.31%
Car Payment As Percent Of Monthly Income

Commuting to Work

  • Drive Alone to Work (81%)
  • Carpool to Work (7%)
  • Take Public Transportation (2%)
  • Other (8%)

Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit, U.S. Census Bureau’s American Community Survey 2017 and Federal Reserve Bank of St. Louis. Median Monthly New Car Payment computed for a 60-month loan based on MSRP with 20% down and an APR of 5.36%.