Places/MN/Dakota County, MN
County profile

Dakota County, MN

United States · GDP 2024
#161 of 3,127 US counties by GDP52nd-percentile growthmore diversified than 99% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$37.1B
BEA · 2024
GDP growth (YoY)
+4.6%
BEA · 2024
Jobs tracked
185,426
Census CBP · 2023
Employers
10,964
Census CBP · 2023
Avg. wage
$69.7k
BLS QCEW · 2023
Population
457,710
Census PEP · 2025
Labor, income & education
Unemployment
4.4%
Median HH income
$106.3k±$1.5k
Bachelor's degree+
45.0%±0.8%
Poverty rate
5.8%±0.4%
Business applications
5,697 · 2025
Retail establishments
1,212
26.7/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1CHS Inc.Consumer Defensive$35.5B63C2Blue Earth Resources, Inc.Energy$37.0M3Ballistic Recovery Systems Inc.Industrials$9.4M

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Retail trade24%
Health care20%
Manufacturing17%
Food & accommodation14%
Finance & insurance13%
Transportation12%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
457,710
residents · 2025 · +3.9% since 2020
Income per capita $77.9k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+1,394
International migration+7,579
Natural change+8,165

GDP trend

20192024 · nominal
$27.9B
2019
$26.9B
2020
$29.4B
2021
$33.4B
2022
$35.5B
2023
$37.1B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$381.0k±$3.1k
Median gross rent
$1.5k/mo±$31/mo
Vacancy rate
2.5%±0.3%
Affordability
5.5× wages
Residential permits
$591.4M
2,330 units · 5.1/1k pop
FEMA risk score
89.5
HUD Fair Market Rent (2BR):$1.7k/mo · 2026
TOP PERILS · FEMA NRI
Strong wind 99Hail 98Tornado 97
FHFA HOUSE PRICE INDEX · 20162025
508
2016
537
2017
564
2018
588
2019
605
2020
665
2021
746
2022
768
2023
789
2024
801
2025
RESIDENTIAL PERMITS · 20212025
-33% since 2021
3,484
2021
2,300
2022
2,718
2023
2,146
2024
2,330
2025

Transport access

BTS · FAA · USACE
Nearest interstate
16.9 km
I-35E
Nearest freight rail
6.2 km
UP
Nearest port
11.3 km
CF INDUSTRIES, PINE BEND AMMONIA TERMINAL DOCK
Nearest commercial airport
26.4 km
MINNEAPOLIS-ST PAUL INTL/WOLD-CHAMBERLAIN
Filing activity
SEC EDGAR

3 filings from 1 company here in the last 90 days.

Wage trend
BLS QCEW · 20192023
$69.7k
avg. annual pay · +20% since 2019
The read

What is the GDP of Dakota?

Dakota's economy produced $37.1B in 2024, growing 4.6% year over yearabout the middle of the pack among US counties. Its largest employment sector is retail trade.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.