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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 8

Autos Drive Minnesota Forward

Industry Impact

10.1K
10.1 Thousand total auto jobs in Minnesota
2.80%
2.80% depend on the auto industry for jobs
$491.6M
Total Labor Income Annually
$792.4M
Total Car Sales in 2018
23.5K
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

$97.8M
total state tax revenue
$932.2K
corporate profits tax
$14.7M
state income taxes

Registrations

676.5K
Registered

By Body Style

  • Cars 233,516 (34.52%)
  • CUVs 116,392 (17.2%)
  • SUVs 75,285 (11.13%)
  • Pickups 203,164 (30.03%)
  • Vans/Minivans 48,163 (7.12%)

By Powertrain

  • Gas 642,287 (94.94%)
  • Diesel 28,480 (4.21%)
  • Hybrid 5,419 (0.8%)
  • Electric 134 (0.02%)
  • Plug-In Hybrid 200 (0.03%)
The Minnesota congressional district 8 average age of vehicles is 13.54 years.

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

New Purchases

23.5K
Vehicles Sold

By Body Style

  • Cars 2,985 (12.71%)
  • CUVs 9,954 (42.39%)
  • SUVs 1,788 (7.61%)
  • Pickups 7,861 (33.48%)
  • Vans/Minivans 893 (3.8%)

By Powertrain

  • Gas 22,015 (93.76%)
  • Diesel 1,108 (4.72%)
  • Hybrid 265 (1.13%)
  • Electric 62 (0.26%)
  • Plug-In Hybrid 31 (0.13%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 1.5B 1.5 Billion Total Imports
  • 750.3M 750.3 Million Total Imports

Economic Activity from 2018

  • 875M 875 Million Total Imports
  • 60.3M 60.3 Million 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 519
  • Electric Charging Stations 41
  • Compressed Natural Gas Stations 2
  • Liquefied Petroleum Gas Stations 11

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
$33.7K
Average MSRP Per New Car
$56.1K
Median Household Income
$4.7K
Median Monthly Household Income
$513.97
Median Monthly New Car Payment
11.00%
Car Payment As Percent Of Monthly Income

Commuting to Work

  • Drive Alone to Work (80%)
  • Carpool to Work (8%)
  • Take Public Transportation (1%)
  • Other (10%)

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%.