At a Glance
Median Income
$80,269
$50,605 per capita
Home Value
$345,600
Zillow: $327,043
Median Rent
$1,329/mo
28.7% of income on rent
Violent Crime
926/100K
4,517/100K property
Bachelor's Degree+
54.5%
91.1% high school+
Unemployment
4.2%
9.4% poverty rate
Obesity Rate
29.4%
13.0% smoking rate
Avg Temperature
48°F
269 sunny days/yr
How Minneapolis Compares to the U.S. Average
Each bar shows Minneapolis's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Minneapolis a Good Place to Live?
B+
3.6 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Minneapolis residents earn a median household income of $80,269 , which is 7% above the national average of $75,149.
Per capita income is $50,605. The unemployment rate stands at 4.2% (17% above the U.S. rate of 3.6%). 9.4% of residents live below the poverty line. The area is home to 11,950 business establishments, including 748 restaurants.
Housing & Cost of Living
The median home value in Minneapolis is $345,600 , 23% above the national median of $281,900.
Zillow estimates the typical home at $327,043. Median rent is $1,329/month, with 28.7% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1950.
Safety & Crime
Minneapolis reports 926 violent crimes per 100,000 residents
, which is 144% above the national average of 380/100K.
Property crime is 4,517/100K. The murder rate is 10.7/100K.
Education
54.5% of adults in Minneapolis hold a bachelor's degree or higher
(62% above the national average).
91.1% have completed high school. Local schools score 6.6/10 in standardized testing.
Climate & Weather
Minneapolis has an average annual temperature of 48°F (9°C).
Winters average 19°F in January while summers reach 72°F in July. The area gets 269 sunny days per year. Annual precipitation totals 42.6 inches. Air quality is rated Good with a median AQI of 36.
Data Overview
People
Population426,845
Median Age33.0 yrs
Density7,905/mi²
Male / Female51% / 49%
Foreign Born13.6%
Veterans3.5%
Economy
A
Median Income$80,269
Per Capita$50,605
Unemployment4.2%
Poverty9.4%
County GDP$37,138M
Avg Weekly Wage$1,400
Housing
A
Home Value$345,600
Rent$1,329
Ownership48.0%
Zillow$327,043
Housing Units198,971
Rent Burden28.7%
Crime
F
Violent926/100K
Property4,517/100K
Murder10.7/100K
Assault509/100K
Burglary788/100K
Health
Obesity29.4%
Diabetes8.8%
Smoking13.0%
Heart Disease5.0%
Premature Death5,146/100K
Climate
Avg Temp48°F
Sunny Days269/yr
Rain42.6 in/yr
AQI36 (Good)
Elevation863 ft
Education
A+
Bachelor's+54.5%
High School+91.1%
Graduate+21.4%
School Score6.6/10
Community
2024 VoteR 43% / D 55%
Commute23 min
Broadband90.3%
Internet Speed139 Mbps
EV Stations146
Libraries10
Did You Know?
Minneapolis was founded in 1850.
The median home in Minneapolis was built in 1950.
23.3% work from home.
The nearest airport is Minneapolis-St Paul International/Wold-Chamberlain (6 miles).
The Gini coefficient (income inequality) is 0.411 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
11.2% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 139 Mbps.
There are 748 restaurants in the area.
The county recorded 24 fatal vehicle crashes.
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