Checked
Hennepin County Business Data
Businesses, industries, trucking companies, banks and bankruptcies in Hennepin County, Minnesota.
- Employer establishments
- 40,486
- 2023
- Employees
- 939,201
- Average annual pay
- $83,049
- Nonemployer businesses
- 124,252
- $7.71B receipts, 2024
Industries
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| Industry | Establishments | Employees | Average pay |
|---|---|---|---|
| Professional and technical services | 6,528 | 87,772 | $108,523 |
| Health care and social assistance | 5,549 | 158,183 | $64,894 |
| Retail trade | 3,714 | 74,922 | $38,359 |
| Other services | 3,616 | 33,545 | $47,027 |
| Accommodation and food services | 3,038 | 70,472 | $28,863 |
| Finance and insurance | 2,964 | 79,426 | $148,038 |
| Construction | 2,825 | 36,847 | $101,357 |
| Real estate and rental | 2,718 | 20,034 | $79,662 |
| Administrative and support services | 2,227 | 50,821 | $59,910 |
| Wholesale trade | 2,131 | 42,478 | $109,758 |
| Manufacturing | 1,412 | 78,423 | $83,596 |
| Information | 878 | 32,180 | $123,352 |
| Arts, entertainment and recreation | 830 | 17,772 | $56,647 |
| Transportation and warehousing | 767 | 33,101 | $78,475 |
| Educational services | 728 | 19,747 | $53,600 |
| Management of companies | 447 | 97,520 | $112,395 |
| Utilities | 50 | 5,826 | $132,269 |
| Agriculture, forestry and fishing | 28 | 88 | $44,795 |
| Mining, oil and gas | 4 | 20 | $171,200 |
Total annual payroll: $78B
Establishments by number of employees
2023
- 1 to 4 employees21,47953.1%
- 5 to 9 employees6,31215.6%
- 10 to 19 employees5,19312.8%
- 20 to 49 employees4,29910.6%
- 50 to 99 employees1,6664.1%
- 100 to 249 employees1,0392.6%
- 250 to 499 employees3010.7%
- 500 to 999 employees1130.3%
- 1,000 or more employees840.2%
Trucking companies
11,393 active carriers with 44,334 power units and 55,185 drivers
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| Company | Power units | Drivers | Type |
|---|---|---|---|
| Agiliti Health IncUSDOT 152317 | 1,678 | 763 | For hire |
| Minnesota Department of TransportationUSDOT 1518673 | 1,362 | 4,925 | Private |
| Stan Koch & Sons Trucking IncUSDOT 146060 | 968 | 968 | For hire |
| M a Mortenson CompanyUSDOT 211803 | 920 | 681 | Passenger |
| Schwan's Sales Co IncUSDOT 1067095 | 640 | 871 | Private |
| Ziegler IncUSDOT 140020 | 488 | 490 | Private |
| Omar Transportation LLCUSDOT 3557151 | 400 | 200 | For hire |
| Pciroads LLCUSDOT 1837786 | 347 | 219 | Passenger |
| Bille Bus Transportation IncUSDOT 1405680 | 340 | 392 | For hire |
| Sir Lines a Lot LLCUSDOT 1992657 | 310 | 219 | Private |
Banks headquartered in Hennepin County
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| Bank | Total assets | Deposits | Offices |
|---|---|---|---|
| Ameriprise Bank, FSB | $25.48B | $23.94B | 2 |
| Bridgewater Bank | $5.38B | $4.36B | 10 |
| Tradition Capital Bank | $2.72B | $2.1B | 4 |
| MidCountry Bank | $1.07B | $835.8M | 16 |
| United Bankers' Bank | $1.05B | $635.6M | 1 |
| 21st Century Bank | $894.8M | $658.8M | 8 |
| Northeast Bank | $837.3M | $760.7M | 3 |
| Scale Bank | $626.7M | $423.1M | 1 |
| Luminate Bank | $554.5M | $412.7M | 2 |
| EntreBank | $527.1M | $474.3M | 1 |
| Crown Bank | $402M | $332.8M | 2 |
| Citizens Independent Bank | $314.2M | $267M | 4 |
| VisionBank | $253.9M | $183.6M | 1 |
| Union Bank and Trust Company | $253.4M | $230.9M | 1 |
| Farmers State Bank of Hamel | $198.3M | $185.1M | 2 |
| Bank of Maple Plain | $85.52M | $74.7M | 1 |
Business bankruptcies
Minnesota by county89 business cases (15 under Chapter 11) and 2,387 cases in all were filed in the 12 months ending June 2026.
County Business Patterns counts employer establishments by the county where they are located. The Census Bureau adds small random noise to protect confidentiality, and some small cells are withheld (shown as Not reported).
Source: U.S. Census Bureau County Business Patterns, FMCSA, FDIC and the U.S. Courts · Last updated 12/31/2023