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NEIGHBORHOOD

Loring Park

Minnesota · Minneapolis · 10,789 residents · 0.526 sq mi
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The short version

Loring Park has notably lower household income than the US average, with a median household income of $54,210. Population has held roughly steady since 2024. 57% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $235,494. Households here earn about 33% less than the Minneapolis median. 57% of adults hold a bachelor's degree, well above the US average, yet household income trails the national figure — a profile common to graduate-student tracts and academic hubs. These figures are approximated by combining the 3 census tracts that make up Loring Park; the Census Bureau does not tabulate data for neighborhoods directly.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 35.6
US median: 38.9
More educated
57% hold a bachelor's degree
US average: 36%
Renter-heavy
22% owner-occupied
US average: 65%
Section 01

Population & growth

Total population
10,789
Population density
20,511 / sq mi
US average: 281
Median age
35.6
US average: 38.9
Section 02

Income & economy

Median household income
$54,210
US average: $82,259
Per capita income
$63,637
US average: $44,673
Households earning $100K+
38.2%
US average: 53.3%
Poverty rate
19.4%
US average: 12.5%
Income inequality (Gini)
0.543
US average: 0.476
Workforce by industry, 2024
Retail trade11.6%
US avg: 9.9%
Information10.7%
US avg: 10.8%
Other services9%
US avg: 6.7%
Public administration5.7%
US avg: 4.8%
Finance & insurance4.5%
US avg: 5.9%
Professional, scientific, technical4.2%
US avg: 5.1%
Transportation & warehousing1.8%
US avg: 2.2%
Arts, entertainment, food1.6%
US avg: 1.9%
Agriculture, forestry, fishing0.6%
US avg: 1.6%
Construction0.6%
US avg: 1.2%
Wholesale trade0.5%
US avg: 6.9%
Education & health services0.3%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$235,494
US average: $376,019
Median gross rent
$1,174
US average: $1,442
Owner-occupied
22.4%
77.6% rent
Vacancy rate
13.1%
US average: 10.0%
Owner cost-burdened
18.4%
US average: 22.9%
Renter cost-burdened
49.6%
US average: 47.4%
Afford Score
4.3
RELATED:See current rent listings in Loring Park on RentDataNow
Section 04

Race & ethnicity

2024
White, non-Hispanic63.9%(6,892)
Black14%(1,512)
Hispanic / Latino8.3%(897)
Asian4.8%(522)
Other9%(966)
Diversity Score69.4%(7,485)
2024
White, non-Hispanic63.9%(6,892)
Black14%(1,512)
Hispanic / Latino8.3%(897)
Asian4.8%(522)
Other9%(966)
Diversity Score69.4%(7,485)
Diversity Score
69
Section 05

Education

Bachelor's degree or higher
57.4%
US average: 35.6%
High school or higher
94.8%
US average: 89.6%
Graduate degree
18.5%
US average: 14.0%
Section 06

Commute & transportation

Average commute
23.1 min
US average: 26.5
Drive alone to work
41.7%
US average: 68.9%
Carpooled to work
3.9%
US average: 8.5%
Public transit
10.0%
US average: 3.2%
Worked from home
26.0%
US average: 15.0%
Walked to work
14.8%
US average: 2.4%
Biked to work
2.7%
US average: 0.4%
No vehicle available
34.2%
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.6%
US average: 5.2%
Labor force participation
75.3%
US average: 63.5%
Self-employed
17.9%
US average: 13.1%
Management & professional
60.0%
US average: 42.5%
Section 08

People & community

Male
53.4%
Female
46.6%
Foreign born
15.1%
US average: 14.1%
Veterans
2.8%
US average: 6.2%
With a disability
17.3%
US average: 13.3%
Uninsured
5.0%
US average: 8.4%
Broadband at home
85.5%
US average: 91.0%
English only at home
82.5%
US average: 77.7%
Spanish at home
5.2%
US average: 13.6%
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Frequently asked

How many people live in Loring Park, Minneapolis, Minnesota?

Loring Park, Minneapolis, Minnesota has about 10,789 residents according to the 2024 American Community Survey.

What is the median household income in Loring Park, Minneapolis, Minnesota?

The typical household in Loring Park, Minneapolis, Minnesota earns about $54,210 a year. Half of households make more than that, and half make less.

Is Loring Park, Minneapolis, Minnesota expensive?

In Loring Park, Minneapolis, Minnesota, the median home is worth about $235,494, and the typical rent is about $1,174 a month.

How educated are people in Loring Park, Minneapolis, Minnesota?

About 57.4% of adults age 25 and over in Loring Park, Minneapolis, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Loring Park, Minneapolis, Minnesota?

About 19.4% of people in Loring Park, Minneapolis, Minnesota live below the federal poverty line.

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Containing area
Minneapolis

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

How we source and harmonize this data →