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Minnesota Per Capita Personal Income, 2009

Per capita income in 2009 is $41,983.

Minnesota per capita income graph, 1999-2009
"Constant" dollars are adjusted for inflation using the consumer price index. "Actual" dollars are not adjusted for inflation. Minnesota Government in Brief graphs typically adjust previous years' amounts into 2009 dollars, since readers are more immediately familiar with what a dollar can purchase today than with what a dollar could have purchased five, ten, or more years ago. The inflation adjustment shows that $1 in 2009 could purchase the same amount of goods and services as $1.30 in 1999.

Yearly breakdown of per capita personal income: 1999-2009

Per capita personal income Actual dollars Constant 2009 dollars
1999 $30,324 $39,264
2000 32,110 40,224
2001 32,659 39,780
2002 33,170 39,780
2003 34,099 39,977
2004 35,722 40,793
2005 36,604 40,430
2006 28,277 40,957
2007 40,393 42,023
2008 41,236 41,855
2009 41,983 41,983

Source: Department of Finance

Link to economic information:

Originally published January 2009.