America’s Top States for Business

15 Jul 2021


Inclusiveness is supposed to be this state’s North Star. But the state is at the heart of a national reckoning on race.

Economic Profile

Governor: Tim Walz, Democrat

Population: 5,657,342

GDP growth (Q1 2021): 7.5%

Unemployment rate (May 2021): 4%

Top corporate tax rate: 9.8%

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