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<br />Nagell Appraisal Incorporated | 952.544.8966 Page 13
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<br />REGIONAL DATA
<br />
<br />Metro Area
<br />
<br />Minneapolis-Saint Paul is the most populous urban area in Minnesota, and is composed of 186 cities and
<br />townships. Built around the Mississippi, Minnesota and St. Croix rivers, the area is also nicknamed The
<br />Twin Cities for its two largest cities, Minneapolis and Saint Paul. Saint Paul is the second largest city in
<br />Minnesota, as well as the state capital.
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<br />The area is part of a larger U.S. Census division named Minneapolis -St. Paul-Bloomington, MN-WI, the
<br />country’s 16th-largest metropolitan area, composed of eleven counties in Minnesota and two counties in
<br />Wisconsin. This larger area, in turn, is enveloped in the U.S. Census combined statistical area called
<br />Minneapolis-St. Paul-St. Cloud, MN-WI with an estimated population of 3.5 million people in 2006, ranked
<br />the 13th most populous in the U.S.
<br />
<br />In both of the fully developed central cities–Minneapolis and St. Paul–the population has declined due to
<br />smaller household sizes, yet growth in other areas of their counties has been more than offsetting. Below
<br />is detailed where this growth has occurred:
<br />
<br />
<br />POPULATION
<br />County Census
<br />2000
<br />Census
<br />2010
<br />Forecast
<br />2015
<br />Growth
<br />2000 - 2010
<br />Growth
<br />2010 - 2015 Source: US Census Bureau total annual total annual
<br />Hennepin 1,116,200 1,152,425 1,165,830 3.25% 0.32% 1.16% 0.12%
<br />Ramsey 511,035 508,640 491,820 -0.47% -0.05% -3.31% -0.33%
<br />Dakota 355,904 398,552 437,520 11.98% 1.20% 9.78% 0.98%
<br />Anoka 298,084 330,844 374,350 10.99% 1.10% 13.15% 1.32%
<br />Washington 201,130 238,136 257,760 18.4% 1.84% 8.24% 0.82%
<br />Scott 89,498 129,928 186,820 45.17% 4.52% 43.79% 4.38%
<br />Wright 89,986 124,700 159,640 38.58% 3.86% 28.02% 2.80%
<br />Carver 70,205 91,042 114,870 29.68% 2.97% 26.17% 2.62%
<br />Sherburne 64,417 88,499 119,040 37.38% 3.74% 34.51% 3.45%
<br />Chisago 41,101 53,887 67,880 31.11% 3.11% 25.97% 2.60%
<br />Total 2,837,560 3,116,653 3,375,530 9.84% 0.98% 8.31% 0.83%
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<br />Overall, the area has experienced moderate to good income growth. Annualized income growth of 2.5%
<br />to 3.5% is consistent with national averages.
<br />
<br />MEDIAN HOUSEHOLD INCOME
<br />County Census
<br />2010
<br />Estimate
<br />2014
<br />Growth
<br />2010 - 2014 Source: US Census Bureau total annual
<br />Hennepin 59,236 65,033 10.3% 2.6%
<br />Ramsey 50,136 55,460 10.6% 2.7%
<br />Dakota 69,508 74,995 7.9% 2.0%
<br />Anoka 65,771 70,464 7.1% 1.8%
<br />Washington 77,239 83,182 7.8% 1.9%
<br />Scott 77,314 86,510 11.9% 3.0%
<br />Wright 66,833 73,085 9.4% 2.3%
<br />Carver 80,173 86,391 7.8% 1.9%
<br />Sherburne 69,971 73,621 5.2% 1.3%
<br />Chisago 63,810 70,223 10.1% 2.5%
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