How much do grocery stores make in Hennepin County? (2023 data)
There are 221 grocery stores in Hennepin County, Minnesota. The average one runs 53.2 employees on $1,576,416 of annual payroll, which implies about $10,509,442 a year in revenue ($875,787/month) — and means a typical grocery store there can sustain roughly $26,274 a month in rent.
Source: US Census County Business Patterns 2023, NAICS 445110 ·
Hennepin County, Minnesota
Figures marked measured come straight from Census.
Revenue applies a 15% labour-cost ratio and rent a 3% ceiling —
both stated so you can disagree and redo the maths.
Is this market growing?
Grocery stores in Hennepin County went from 235 in 2019 to 221 in 2023 (-6.0%).
Direction: steady — an official annual count, not an estimate.
Questions people ask
How many grocery stores are there in Hennepin County?
US Census County Business Patterns recorded 221 grocery stores with paid employees in Hennepin County, Minnesota in 2023.
How much revenue does a grocery store in Hennepin County make?
About $10,509,442 a year, or $875,787 a month. That is derived from $1,576,416 of average annual payroll and a 15% labour-cost ratio typical of this industry — it is an informed benchmark, not measured revenue.
How much rent can a grocery store in Hennepin County afford?
Around $26,274 a month. Industry practice keeps rent at or below 3% of revenue for this business type; above about 15% the failure rate climbs sharply.
How many people does a grocery store in Hennepin County employ?
53.2 on average, across 11,753 people employed by grocery stores in the county.
Is the grocery store market in Hennepin County growing?
Grocery stores in Hennepin County went from 235 in 2019 to 221 in 2023 (-6.0%).