With 427,246 people, Minneapolis is a city in Minnesota. This is an unusually credentialed place: 56% of adults have a four-year degree. Owners hold 48% of the housing stock. This skews young, with a median age of 33.4. There are 7,912 people per square mile. 79% were living in the same home a year earlier.
At a glance
Average income
median household income $80,846, near the US median
US median: $82,259
Younger
median age 33.4
US median: 38.9
More educated
56% hold a bachelor's degree
US average: 36%
Less affordable
home values up 75%, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Minneapolis
What changed most since 1990
Adults with a bachelor's degree30.3% → 55.5%(+25.2 pts)US over the same years: +15.3 pts
Median home value (2024 dollars)$170,885 → $362,200(+112%)US over the same years: +67%
Black share12.9% → 18.5%(+5.7 pts)US over the same years: +0.2 pts
Minneapolis's population equals 34% of Hennepin County's. Its number of households without a car equals 60% of the county's. Its number of residents living in poverty equals 54% of the county's.
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)29.9%(3,475)
US avg: 26.4%
Gulf War (1990s)16.2%(1,882)
US avg: 24.3%
Vietnam era29.6%(3,438)
US avg: 33.1%
Korean War6.2%(719)
US avg: 4.5%
World War II1.3%(147)
US avg: 1%
Share of the 11,614 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Minneapolis, decade by decade
Minneapolis population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
368,383
$60,779
$170,885
30.3%
47.4
2000
382,618
$69,176
$207,122
37.4%
70.6
2010
382,578
$66,282
$329,001
43.6%
73.3
2020
429,954
$80,077
$324,948
51.8%
76.2
2024
427,246
$80,846
$362,200
55.5%
75.2
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.