Loring Park is a neighborhood of 10,789 people in Minneapolis. 22% of homes are owner-occupied. 57% of adults hold a bachelor's degree, against 36% nationally. There are 20,511 people per square mile. Households here earn about 33% less than in Minneapolis as a whole. The median age is 35.6, younger than the US median of 38.9. 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
Land area
0.53 sq mi
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%
BAR + DOT: THIS PLACE · TICK: 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%
Persons per household
1.38 people
US average: 2.54
Owner cost-burdened
18.4%
US average: 22.9%
Renter cost-burdened
49.6%
US average: 47.4%
Afford Score
4.3
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity
2024
White, non-Hispanic63.9%(6,892)
Black14%(1,512)
Hispanic / Latino8.3%(897)
Asian4.8%(522)
Other9%(966)
2024
White, non-Hispanic63.9%(6,892)
Black14%(1,512)
Hispanic / Latino8.3%(897)
Asian4.8%(522)
Other9%(966)
Diversity Score
69
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
