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Funeral Homes in Minnesota

Author.Name IBISWorld United States Last Updated: April 2025 NAICS MN81221

Funeral Homes in Minnesota industry analysis

The Funeral Homes industry in Minnesota is expected to decline an annualized -x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x.x% to 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 million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to 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 Funeral Homes in Minnesota Market Research Report

What’s Included in the Funeral Homes in Minnesota Market Research Report

Definition of the Funeral Homes in Minnesota?

Funeral homes provide services and support to families following a loved one's death. Their primary role is to assist with planning and coordinating end-of-life arrangements, which can include preparing the deceased, handling logistics, organizing memorial services and managing paperwork.

What’s included in the Funeral Homes in Minnesota?

The Funeral Homes in Minnesota includes providing funeral director services, providing embalming services, operating funeral homes combined with crematories, providing mortician services, providing visitation or viewing services, providing funeral services, providing graveside committal services, selling funeral merchandise (e.g. caskets, flowers and obituary notices) and transporting the deceased. Related terms covered in the Funeral Homes in Minnesota industry report includes purchase of a funeral plan prior to death and arrangement of a funeral service for a deceased person that did not have a prepaid funeral plan in place.

Industry Performance of the Funeral Homes industry in Minnesota

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

Funeral Homes in Minnesota

#23 in Highest Revenue 1.6% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Funeral Homes 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 Funeral Homes industry in Minnesota

See how key industry drivers, such as population, population, per capita disposable income, number of deaths, per capita disposable income and number of adults aged 65 and older are impacting Funeral Homes in Minnesota

Minnesota Economic Indicators

Population
Population
Per Capita Disposable Income

View more economic information in MN State Economic profile

US Key External Drivers

Number of deaths
Per capita disposable income
Number of adults aged 65 and older

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

County Data of the Funeral Homes industry in Minnesota

Access proprietary data on county in the Funeral Homes in Minnesota, such as Hennepin County, Ramsey County and Olmsted County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Funeral Homes 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 Funeral Homes industry in Minnesota in 2025?

The market size of the Funeral Homes industry in Minnesota is $322.4m in 2025.

How many businesses are there in the Funeral Homes industry in Minnesota in 2025?

There are 535 businesses in the Funeral Homes industry in Minnesota, which has been declining at an average annual rate of -0.6% from 2020 to 2025.

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

The market size of the Funeral Homes industry in Minnesota has been declining at an average annual rate of -1.0% from 2020 to 2025.

How many employees in the Funeral Homes industry in Minnesota in 2025?

There are 1,792 employees in the Funeral Homes industry in Minnesota, which has been growing at an average annual rate of 1.6% from 2020 to 2025.