Market Overview Download this Minneapolis/St. Paul Market overview for a look into why this vibrant metro area is one of the top-performing markets in the nation to work, shop and live.

Location
The “Twin Cities” of Minneapolis and St. Paul form the core of a metropolitan region encompassing 6,046 square miles and consisting of 13 counties: Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, Washington, Isanti, Chisago, Sherburne and Wright in Minnesota, as well as Pierce and St. Croix counties in Wisconsin.

Housing Prices Are Up
The Twin Cities median single-family home price is $301,000, up 5.6% compared with $285,000 in fourth-quarter 2018. (Source: Minnesota Association of Realtors) 

GET THE LATEST: Local area unemployment statistics Current employment statistics

Business Strengths
Major business strengths in the Twin Cities include a highly educated workforce, excellent transportation services, a diverse economic base and available capital. The metro area is home to 17 Fortune 500 companies representing a broad spectrum of industries. The Minneapolis-St. Paul area’s employment base does not rely on any single industry, which allows it to weather recessions and economic downturns in specific industries.

• More per capita Fortune 500 companies than any other US metro region (Fortune, 2018)
• Minnesota is the No. 3 Best State in America (U.S. News, 2018)