Median Household Income
$80,846 ± $1,824
Median Home Value
$362,200 ± $4,232
Median Gross Rent
$1,371 ± $20/mo
Per Capita Income
$52,692
Poverty Rate
16.0%
Unemployment Rate
5.9%
Homeownership Rate
47.7%
Bachelor's Degree or Higher
55.5%
Median Age
33.4
Average Commute
16 min
Households
192,734
Veterans
11,614
Population Over Time
Minneapolis grew 8.3% from 2014 to 2024.
2014
394,424
2016
404,670
2018
416,021
2020
424,536
2022
426,877
2024
427,246
Population by Race & Ethnicity
White
60.3%
Hispanic or Latino
10.1%
Black or African American
18.8%
Asian
5.3%
Nearby Cities in Minnesota
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.