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Remodeling in Minnesota

Author.Name IBISWorld United States Last Updated: August 2025 NAICS MN23611d

Remodeling in Minnesota industry analysis

The Remodeling industry in Minnesota is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to x,xxx locations. Industry employment has increased an annualized x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x billion, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to x,xxx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Remodeling in Minnesota Market Research Report

What’s Included in the Remodeling in Minnesota Market Research Report

Definition of the Remodeling in Minnesota?

Operators in this industry remodel and renovate the interiors and exteriors of residential buildings (i.e. single-family homes and multifamily apartment building units). Remodeling includes additions, alterations, reconstruction, maintenance and repair work. This industry is composed of general contractors, operative remodelers, remodeling design-build companies and remodeling project construction management companies. This industry does not include commercial remodeling.

What’s included in the Remodeling in Minnesota?

The Remodeling in Minnesota includes outside additions, systems and equipment, kitchen and bathroom remodeling, room additions and other interior alterations, disaster repairs and driveways, walkways, fencing, walls, sheds and other yard improvements. Related terms covered in the Remodeling in Minnesota industry report includes an individual or company that manages the construction of a building or structure for a property owner or developer. a gc may retain its own labor force or use subcontractors for projects, a panel used in interior construction to form a wall or ceiling; also known as drywall, a federal program to enable low-income families to reduce energy expenses by funding remodeling or repair projects to improve a home's energy efficiency and remodeling that increases a home's energy efficiency and reduces a building's impact on human health and the environment through better design, construction, operation and maintenance.

Industry Performance of the Remodeling industry in Minnesota

Benchmark the Remodeling in Minnesota industry performance with all MN county and national performance.

Remodeling in Minnesota

#17 in Highest Revenue 1.7% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Remodeling in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Remodeling industry in Minnesota

See how key industry drivers, such as population, private investment in residential construction, new business formation, private spending on home improvements, house price index and households earning more than $100,000 are impacting Remodeling in Minnesota

Minnesota Economic Indicators

Population
Private Investment in Residential Construction
New Business Formation

View more economic information in MN State Economic profile

US Key External Drivers

Private spending on home improvements
House price index
Households earning more than $100,000

For the full list of industry drivers, see report purchase options.

County Data of the Remodeling industry in Minnesota

Access proprietary data on county in the Remodeling in Minnesota, such as Hennepin County, Dakota County and Anoka County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Remodeling industry in Minnesota

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Remodeling industry in Minnesota in 2025?

The market size of the Remodeling industry in Minnesota is $2.9bn in 2025.

How many businesses are there in the Remodeling industry in Minnesota in 2025?

There are 17,149 businesses in the Remodeling industry in Minnesota, which has been growing at an average annual rate of 3.3% from 2020 to 2025.

Has the Remodeling industry in Minnesota grown or declined over the past 5 years?

The market size of the Remodeling industry in Minnesota has been growing at an average annual rate of 0.7% from 2020 to 2025.

How many employees in the Remodeling industry in Minnesota in 2025?

There are 18,674 employees in the Remodeling industry in Minnesota, which has been growing at an average annual rate of 2.2% from 2020 to 2025.