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CITY · 2020 ACS

Minneapolis

Minnesota · 429,954 residents · 54 sq mi
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The short version

Minneapolis has roughly average household income, with a median household income of $66,068. Population has held roughly steady since 2000. 52% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value has more than doubled since 2000, reaching $268,100. At a median age of 32.6, residents skew younger than the country as a whole.

At a glance
Average income
near the US median
US median: $66,278
Younger
median age 32.6
US median: 38.8
More educated
52% hold a bachelor's degree
US average: 33%
Less affordable
home values up 57%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
429,954
+12%since 2000
from 382,618 in 2000
1990 – 2025
Population density
7,962 / sq mi
+12%since 2000
from 7,086 / sq mi in 2000
US average: 280
Median age
32.6
+4%since 2000
from 31.2 in 2000
US average: 38.8
Population, 1990 – 2024
362K381K399K418K436K1990201020202024Minneapolis
2024427K
1990201020202024
Section 02

Income & economy

Median household income
$66,068
+16%inflation adjusted, since 2000
from $37,974 in 2000
US average: $66,278
1990 – 2024
Per capita income
$40,368
+78%since 2000
from $22,685 in 2000
US average: $35,364
Households earning $100K+
44.7%
+16.1 ptssince 2009
from 28.6% in 2009
US average: 43.9%
Poverty rate
18.3%
+1.4 ptssince 2000
from 16.9% in 2000
US average: 12.8%
Workforce by industry, 2020
Information10.1%
US avg: 11.1%
Retail trade9.3%
US avg: 10%
Other services8%
US avg: 6.6%
Public administration6.2%
US avg: 4.7%
Finance & insurance3.7%
US avg: 5.5%
Professional, scientific, technical3.4%
US avg: 4.7%
Wholesale trade2.8%
US avg: 6.7%
Arts, entertainment, food2.1%
US avg: 2%
Transportation & warehousing1.9%
US avg: 2.5%
Agriculture, forestry, fishing0.5%
US avg: 1.7%
Construction0.4%
US avg: 1.2%
Education & health services0.3%
US avg: 0.8%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$268,100
+57%inflation adjusted, since 2000
from $113,700 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,078
+25%inflation adjusted, since 2000
from $575 in 2000
US average: $1,124
Owner-occupied
43.8%
−7.5 ptssince 2000
from 51.4% in 2000
56.2% rent
Afford Score
4.1
+36%since 2000
from 3.0 in 2000
1990 – 2024
RELATED:See current rent listings in Minneapolis on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic62.5%(239,080)
Black17.8%(67,966)
Hispanic / Latino7.6%(29,175)
Asian6.1%(23,292)
Other0%
Diversity Score63.9%(244,511)
2020
White, non-Hispanic58%(249,581)
Black18.9%(81,088)
Hispanic / Latino10.4%(44,513)
Asian5.8%(24,743)
Other6.2%(26,630)
Diversity Score75.4%(324,270)
Diversity Score
75
+18%since 2000
from 64 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
51.8%
+14.4 ptssince 2000
from 37.4% in 2000
US average: 32.9%
High school or higher
90.4%
+5.4 ptssince 2000
from 85.0% in 2000
US average: 88.5%
Graduate degree
20.1%
+7.1 ptssince 2000
from 13.1% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
23.2 min
+82%since 2000
from 12.8 min in 2000
US average: 26.9
Drive alone to work
59.0%
−2.8 ptssince 2009
from 61.8% in 2009
US average: 75.1%
No vehicle available
16.3%
−1.2 ptssince 2009
from 17.5% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
5.2%
−4.2 ptssince 2011
from 9.5% in 2011
US average: 5.4%
Labor force participation
74.1%
+1.2 ptssince 2011
from 73.0% in 2011
US average: 63.4%
Management & professional
53.1%
−15.8 ptssince 2009
from 68.9% in 2009
US average: 39.3%
Section 08

People & community

Male
50.7%
+0.3 ptssince 2009
from 50.3% in 2009
Female
49.3%
−0.3 ptssince 2009
from 49.7% in 2009
Foreign born
15.2%
+0.5 ptssince 2009
from 14.7% in 2009
US average: 13.5%
Uninsured
6.2%
−81.3 ptssince 2013
from 87.5% in 2013
US average: 8.8%
Explore

Neighborhoods in Minneapolis

BancroftCalhounCedar-RiversideCentralCorcoranDowntown WestEast HarrietElliot ParkFultonHawthorneHiawathaHoweJordanKingfieldLongfellowLoring ParkMarcy HolmesNear NorthNorth LoopPowderhorn ParkProspect ParkSewardUniversity DistrictVenturaWebber-CamdenWhittierWillard HayWindom ParkNeighborhoods in Minneapolis
Drill deeper

Places similar to Minneapolis

Bakersfield
Pop 422,165
Tampa
Pop 413,554
Arlington
Pop 402,134
Long Beach
Pop 450,469
Places similar to Minneapolis
Head to head

Compare Minneapolis to nearby cities

MINNEAPOLIS VS
Golden Valley
Income$108,772+65%
Home value$431,400+61%
Population21,325−95%
SEE FULL COMPARISON →
MINNEAPOLIS VS
St. Louis Park
Income$101,648+54%
Home value$386,800+44%
Population50,027−88%
SEE FULL COMPARISON →
MINNEAPOLIS VS
Robbinsdale
Income$88,252+34%
Home value$295,600+10%
Population14,030−97%
SEE FULL COMPARISON →
MINNEAPOLIS VS
St. Anthony city (Hennepin and Ramsey Counties)
Income$97,363+47%
Home value$387,500+45%
Population9,989−98%
SEE FULL COMPARISON →
Frequently asked

How many people live in Minneapolis, Minnesota?

Minneapolis, Minnesota has about 429,954 residents according to the 2020 American Community Survey.

What is the median household income in Minneapolis, Minnesota?

The typical household in Minneapolis, Minnesota earns about $66,068 a year. Half of households make more than that, and half make less.

Is Minneapolis, Minnesota expensive?

In Minneapolis, Minnesota, the median home is worth about $268,100, and the typical rent is about $1,078 a month.

How educated are people in Minneapolis, Minnesota?

About 51.8% of adults age 25 and over in Minneapolis, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Minneapolis, Minnesota?

About 18.3% of people in Minneapolis, Minnesota live below the federal poverty line.

Has Minneapolis, Minnesota grown since 1990?

Yes, Minneapolis, Minnesota has grown since 1990. The population has added about 61,571 residents, a change of about 17 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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