Lyric discussion by fanoftheelipsis 

Cover art for A Minor Place lyrics by Bonnie 'Prince' Billy

a minor place is the state of depression. not necessarily bad however as how can one know happiness if he doesn't know sadness. this is what makes life so great. i think this is a theme of the whole album. life is sometimes crap so enjoy the good stuff.

@fanoftheelipsis That's how I interpreted it.

Note that the song is actually in a major key, because when he's in his minor place we don't see him.