Minneapolis city, Minnesota
CityPopulation: 426,845 (2023 estimate)
Census Bureau data for Minneapolis city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Minneapolis city
- What is the median household income in Minneapolis city?
- The median household income in Minneapolis city is $80,269 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Minneapolis city?
- The poverty rate in Minneapolis city is 9.4% (U.S. Census Bureau ACS 2023).
- What is the median home value in Minneapolis city?
- $345,600 (U.S. Census Bureau ACS 2023).
- What is the average rent in Minneapolis city?
- The median gross rent in Minneapolis city is $1,329 per month (U.S. Census Bureau ACS 2023).
- What percentage of Minneapolis city residents have a college degree?
- 54.5% of adults in Minneapolis city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
426,845
Median Income
$80,269
Median Home Value
$345,600
Poverty Rate
9.4%
Unemployment (ACS 2023)
5.7%
Median Age
33.0 yrs
Since 2019
Median Income:
+$17,686 (+28.3%)
Home Value:
+$94,000 (+37.4%)
Poverty Rate:
-2.7 pp (-22.3%)
Bachelor's+:
+4.1 pp (+8.1%)
Unemployment:
+0.6 pp (+11.8%)
Demographics
Total Population
426,845
Median Age
33.0
Female
48.8%
Race & Ethnicity
Hispanic or Latino 10.5%
White (non-Hisp.) 59.5%
Black 18.3%
Asian 5.2%
Two or More 8.9%
Other 4.9%
Asian Subgroups (% of total pop.)
Chinese
1.0%
Indian
0.9%
Korean
0.5%
Vietnamese
0.4%
Filipino
0.2%
Japanese
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
5.9%
Puerto Rican
0.4%
Cuban
0.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$80,269
±$1,569
-$7,287 vs. state
Per Capita Income
$114,452
Median Family Income
$115,151
Poverty Rate
9.4%
+3.9 pp vs. state
Child Poverty Rate
15.3%
Working-Age Poverty Rate
—
SNAP Recipients
12.4%
Social Security Income
—
Retirement Income
15.0%
Household Income Distribution
< $10k
5.3%
$10–15k
4.2%
$15–25k
6.6%
$25–35k
6.2%
$35–50k
9.7%
$50–75k
15.2%
$75–100k
12.3%
$100–150k
17.3%
$150–200k
9.3%
$200k+
13.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
203,217
Owner-Occupied
48.0%
Renter-Occupied
52.0%
Vacancy Rate
7.0%
Median Home Value
$345,600
+$40,100 vs. state
Median Gross Rent
$1,329
Owner Cost Burden (30%+)
17.8%
Renter Cost Burden (30%+)
37.0%
Home Value Distribution
< $50k
1.9%
$50–100k
1.1%
$100–200k
2.9%
$200–300k
25.0%
$300–500k
39.6%
$500k–$1M
18.1%
$1M+
4.0%
Gross Rent Distribution
< $500
8.7%
$500–1k
16.4%
$1–1.5k
35.0%
$1.5–2k
22.5%
$2–2.5k
10.8%
$2.5–3.5k
3.3%
$3.5k+
3.3%
Vehicle Availability
No vehicle
14.8%
1 vehicle
45.2%
2 vehicles
30.2%
3+
9.8%
Housing Type
Single-fam. det.
40.5%
Single-fam. att.
3.7%
2–4 units
8.4%
5–19 units
3.7%
20+ units
32.2%
Mobile home
0.3%
Housing Age
Pre-1940
43.6%
1940–1969
6.2%
1970–1999
8.2%
2000–2009
6.2%
2010+
8.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
91.1%
Bachelor's or Higher
54.5%
+15.7 pp vs. state
Graduate Degree
21.7%
Some College / Associate
15.7%
Less Than High School
5.0%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
73.5%
Unemployment Rate
5.7%
+1.8 pp vs. state
Work from Home
23.3%
Self-Employed
5.3%
Government Workers
13.9%
Private For-Profit
80.6%
Industry
Edu/Health
26.7%
Prof. Services
15.7%
Retail
10.2%
Manufacturing
9.7%
Arts/Entmt.
9.6%
Finance
8.1%
Transportation
4.0%
Construction
3.3%
Public Admin
3.2%
Information
2.1%
Wholesale
2.0%
Agriculture
0.6%
Occupation
Management
56.4%
Sales
16.3%
Food Prep
14.5%
Production
9.4%
Construction
3.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
22.5 min
Drove Alone
53.4%
Carpool
5.9%
Public Transit
7.5%
Work from Home
23.3%
Walked
6.0%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
188,944
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
29.6%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
12.7%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
5.7%
5–9
5.2%
10–14
5.1%
15–19
6.8%
20–24
9.5%
25–34
21.4%
35–44
14.9%
45–54
10.7%
55–64
4.9%
65–74
5.0%
75–84
7.0%
85+
2.7%
Under 18: 19.1%
Working age (18–64): 80.9%
65 and over: 10.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
14.1%
Naturalized Citizen
55.7%
Speaks English Less Than Very Well
7.8%
Foreign-Born Origin
Africa
40.7%
Latin America
27.1%
Asia
22.9%
Europe
6.9%
Veterans & Disability
Veteran
3.5%
With a Disability
11.6%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
94.1%
Uninsured
5.9%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
90.3%
Has a Computer
96.6%
Same House 1 Year Ago
77.5%
Moved from Abroad
0.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023