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Homeowners' Associations in Minnesota

Author.Name IBISWorld United States Last Updated: April 2025 NAICS MN81399

Homeowners' Associations in Minnesota industry analysis

The Homeowners' Associations industry in Minnesota is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at 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 decline -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 Homeowners' Associations in Minnesota Market Research Report

What’s Included in the Homeowners' Associations in Minnesota Market Research Report

Definition of the Homeowners' Associations in Minnesota?

This industry primarily consists of homeowners’ associations. A homeowners’ association is a legal entity created for the purpose of developing, managing, selling or administering a community of homes. It is given the authority to enforce the community’s covenants, conditions and restrictions, and to manage its common amenities. This industry also consists of regulatory athletic associations, sports governing bodies and sports leagues (regulating bodies).

What’s included in the Homeowners' Associations in Minnesota?

The Homeowners' Associations in Minnesota includes operating fraternal organizations, operating homeowners' associations, operating condominium associations, operating community associations, operating housing co-operatives, operating tenant associations (except advocacy) and operating property owners' associations. Related terms covered in the Homeowners' Associations in Minnesota industry report includes when shareholders buy and sell their shares at full market value, limit the resale value of shares, the cooperative does not own the building or property, housing communities designed for senior citizens and fees that residents pay to live in community associations.

Industry Performance of the Homeowners' Associations industry in Minnesota

Benchmark the Homeowners' Associations in Minnesota industry performance with all MN county and national performance.

Homeowners' Associations in Minnesota

#32 in Highest Revenue 0.3% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Homeowners' Associations in the US


Revenue (2024)
Annual Growth (2019-24)
Annual Growth (2024-29)

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

Key Drivers of the Homeowners' Associations industry in Minnesota

See how key industry drivers, such as population, population, per capita disposable income, homeownership rate, number of adults aged 50 and older and households earning more than $100,000 are impacting Homeowners' Associations in Minnesota

Minnesota Economic Indicators

Population
Population
Per Capita Disposable Income

View more economic information in MN State Economic profile

US Key External Drivers

Homeownership rate
Number of adults aged 50 and older
Households earning more than $100,000

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

County Data of the Homeowners' Associations industry in Minnesota

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

Key Statistics of the Homeowners' Associations 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 Homeowners' Associations industry in Minnesota in 2025?

The market size of the Homeowners' Associations industry in Minnesota is $116.1m in 2025.

How many businesses are there in the Homeowners' Associations industry in Minnesota in 2025?

There are 142 businesses in the Homeowners' Associations industry in Minnesota, which has been declining at an average annual rate of -1.5% from 2020 to 2025.

Has the Homeowners' Associations industry in Minnesota grown or declined over the past 5 years?

The market size of the Homeowners' Associations industry in Minnesota has been declining at an average annual rate of -3.1% from 2020 to 2025.

How many employees in the Homeowners' Associations industry in Minnesota in 2025?

There are 1,059 employees in the Homeowners' Associations industry in Minnesota, which has been growing at an average annual rate of 1.6% from 2020 to 2025.