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House Research home > Minnesota Government in Brief > Demographics and Economics
Per capita income in 2009 is $41,983.
"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.
| 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.