Minnesota Business by the Numbers: 2026 Company Breakdown

Key findings

• Minnesota ranks 18th nationally with 1,186,201 companies — 1.8% of all 64,799,929 U.S. companies in the directory.
• Minneapolis is the state’s largest business hub, with 195,500 companies — 16.5% of every company in Minnesota.
• Business is concentrated in a few metros: Minneapolis, Saint Paul and Rochester together hold 26.6% of the state’s companies.
• Industrial & mechanical leads the state’s industries at 334,908 companies (28.2%), across 10 tracked sectors.

How Minnesota ranks nationally

Minnesota and its closest neighbours by total company count. Select a state to open its own study.

Top Minnesota cities by number of companies

These 10 cities account for 36.8% of all companies in Minnesota. Select any city to browse its full company list.

Browse all Minnesota companies →

Minnesota companies by industry

Every company is classified by its primary industry using NAICS/SIC codes. Select a sector to see those Minnesota companies.

What the numbers show

Minnesota’s 1,186,201 companies place it 18th nationally, 1.8% of the U.S. total. Activity clusters in its largest metros — Minneapolis, Saint Paul and Rochester alone account for 26.6% of the state’s companies — while industrial & mechanical is the dominant sector at 28.2%. For buyers and sellers, that means the deepest pools of suppliers and manufacturers sit in a handful of cities and one or two sectors; the charts above link straight into each so you can shortlist by capability and region.

Methodology

Figures reflect companies listed in Factur’s U.S. business directory as of 2026, classified by headquarters city and primary industry using NAICS/SIC codes. “Companies” includes manufacturers, suppliers, and B2B businesses of all sizes; counts are directory totals, not official census figures, and percentages are computed against the Minnesota directory total. Data compiled by Factur, a sales and marketing firm for B2B manufacturers.