Minneapolis is a metro area of 3,713,668 people. That puts it in the top 1% of US metro areas for household income. About 45% of adults have finished a four-year degree. The population is up 23% since 2000. 71% of homes are owner-occupied. Median household income runs $100,194, well clear of the $82,259 US median.
At a glance
Wealthier
median household income $100,194, above the US median
US median: $82,259
Mid-age
median age 38.0
US median: 38.9
More educated
45% hold a bachelor's degree
US average: 36%
Less affordable
home values up 49%, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Minneapolis
What changed most since 1990
Black share3.4% → 9.1%(+5.7 pts)US over the same years: +0.2 pts
Among the 23 metro and micro areas based in Minnesota
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)22.4%(33,611)
US avg: 26.4%
Gulf War (1990s)17.2%(25,822)
US avg: 24.3%
Vietnam era36%(54,051)
US avg: 33.1%
Korean War5.5%(8,317)
US avg: 4.5%
World War II1.3%(2,021)
US avg: 1%
Share of the 150,014 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
2,580,743
$87,335
$208,693
26.4%
19.1
2000
3,016,562
$98,878
$252,356
32.8%
34.3
2010
3,333,633
$93,723
$345,032
37.1%
45.9
2020
3,690,261
$100,985
$331,671
42.6%
58.2
2024
3,713,668
$100,194
$375,718
45.3%
57.1
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.
How many people live in Minneapolis-St. Paul-Bloomington, MN-WI?
Minneapolis-St. Paul-Bloomington, MN-WI has about 3,713,668 residents according to the 2024 American Community Survey.
What is the median household income in Minneapolis-St. Paul-Bloomington, MN-WI?
The typical household in Minneapolis-St. Paul-Bloomington, MN-WI earns about $100,194 a year. Half of households make more than that, and half make less.
Is Minneapolis-St. Paul-Bloomington, MN-WI expensive?
In Minneapolis-St. Paul-Bloomington, MN-WI, the median home is worth about $375,718, and the typical rent is about $1,446 a month.
How educated are people in Minneapolis-St. Paul-Bloomington, MN-WI?
About 45.3% of adults age 25 and over in Minneapolis-St. Paul-Bloomington, MN-WI hold a bachelor's degree or higher.
What is the poverty rate in Minneapolis-St. Paul-Bloomington, MN-WI?
About 8.2% of people in Minneapolis-St. Paul-Bloomington, MN-WI live below the federal poverty line.
Has Minneapolis-St. Paul-Bloomington, MN-WI grown since 1990?
Yes, Minneapolis-St. Paul-Bloomington, MN-WI has grown since 1990. The population has added about 1,132,925 residents, a change of about 44 percent over that period.