All Countries
Minneapolis, MN
Full City Profile · Minnesota · Dakota County County
3.6
/5.0
B+
Good
426,845
Population
7,905/sq mi density
$80,269
Median Income
$50,605 per capita
$345,600
Home Value
$327,043 Zillow
$1,329
Median Rent
28.7% income on rent
48°F
Avg Temperature
269 sunny days/yr
926
Violent Crime/100K
4,517 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$80,269 median income, 4.2% unemployment
A
Affordability
4.3 / 5.0
$345,600 home value, $1,329/mo rent
F
Safety
1.0 / 5.0
926 violent crimes/100K (144% above avg)
A+
Education
5.0 / 5.0
54.5% bachelor's degree or higher
Income Overview
Median Household Income
$80,269
7% above
US avg: $75,149
Per Capita Income
$50,605
30% above
US avg: $39,052
Unemployment Rate
4.2%
17% above
US avg: 3.6%
Poverty Rate
9.4%
24% below
US avg: 12.4%
Income Comparison: Minneapolis vs. U.S. Average
Each bar shows Minneapolis’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$80,269
107%
Per Capita
US: $39,052
$50,605
130%
IRS Avg AGI
US: $72,000
$96,679
134%
Avg Weekly Wage
US: $1,432
$1,400
98%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,400
2% below US avg ($1,432)
Mean Commute Time
23 min
18% below US avg (28 min)
Work From Home
23.3%
53% above US avg (15.2%)
Drive Alone
53.4%
27% below US avg (73.2%)
Public Transit
7.5%
51% above US avg (5.0%)
County GDP
$37,138M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
53.4%
Public Transit
7.5%
Work From Home
23.3%
Other
15.8%
Average commute time
23 minutes
US avg: 28 min
Business Landscape
Total Establishments
11,950
Restaurants
748
Healthcare
1,340
Retail
1,196
Manufacturing
400
Tax & Financial
IRS Avg Adjusted Gross Income
$96,679
34% above US avg ($72,000)
Avg Property Tax
$5,014
43% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $80,269 |
| Per Capita Income | $50,605 |
| IRS Avg Adjusted Gross Income | $96,679 |
| Avg Weekly Wage | $1,400 |
| County GDP | $37,138M |
Hardship Indicators
| Unemployment Rate | 4.2% |
| Poverty Rate | 9.4% |
| Gini Coefficient | 0.411 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 23 minutes |
| Drive Alone | 53.4% |
| Public Transit | 7.5% |
| Work From Home | 23.3% |
Businesses
| Total Establishments | 11,950 |
| Restaurants | 748 |
| Healthcare | 1,340 |
| Retail | 1,196 |
| Manufacturing | 400 |
Tax
| IRS Avg AGI | $96,679 |
| Avg Property Tax | $5,014 |