Minneapolis, MN demographics:
population, income, and more

Total population
427,246
0.1% year-over-year change
Median household income
$80,846/yr
0.7% year-over-year change
Housing units
209,080
2.9% year-over-year change

Minneapolis population

How many people live in Minneapolis

Minneapolis is home to 427,246 residents, according to the most recent Census data. Gender-wise, 50.9% of Minneapolis locals are male, and 49.1% are female.

Total population
427,246
0.1% year-over-year change
Gender ratio
Male
50.9%
217,554
Female
49.1%
209,692
Value Percent YoY change
Male 217,554 50.9% -0.6%
Female 209,692 49.1% 0.8%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Minneapolis is 33, with the population distributed as follows: about 15.6% are children under 15, then 16.5% are in the 15 to 24 age group. Adults between 25 and 44 make up 36% of the population, while another 20.5% fall into the 45 to 64 bracket. Finally, around 11.4% are 65 or older.

Median age
33.4
Age breakdown
Under 15
15.6%
15 to 24
16.5%
25 to 44
36%
45 to 64
20.5%
Over 65
11.4%
Value Percent YoY change
Under 15 66,851 15.6% -2.0%
15 to 24 70,530 16.5% 1.1%
25 to 44 153,853 36% -0.7%
45 to 64 87,474 20.5% -0.4%
Over 65 48,538 11.4% 5.4%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Minneapolis, 84.7% of the population are US-born citizens, while 9.4% have gained naturalized citizenship. At the same time, 5.9% of residents are non-citizens. As for race, 60.4% of locals are Caucasian, 18.8% are African American and 5.3% have Asian roots. There’s also a share of 9.9% that includes residents with two or more races.

Citizenship
U.S.-born citizens
84.7%
Non-U.S.-born citizens
9.4%
Non-citizens
5.9%
Value Percent YoY change
U.S.-born citizens 362,044 84.7% 0.5%
Non-U.S.-born citizens 39,928 9.4% 0.2%
Non-citizens 25,274 5.9% -5.4%
Racial breakdown
White
60.4%
Black or African American
18.8%
American Indian and Alaska Native
1.1%
Asian
5.3%
Native Hawaiian and other Pacific Islander
0%
Two or more races
9.9%
Other
4.6%
Value Percent
White 257,823 60.4%
Black or African American 80,177 18.8%
American Indian and Alaska Native 4,522 1.1%
Asian 22,701 5.3%
Native Hawaiian and other Pacific Islander 94 0%
Two or more races 42,129 9.9%
Other 19,800 4.6%

Households in Minneapolis

A peek inside Minneapolis households

Minneapolis has 192,734 households, with an average of 2 members in each. Of these, 41.1% are families, while the remaining 58.9% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
192,734
2.0% year-over-year change
Average people per household
2
Non-family households
113,455
Family households
79,279
Value Percent YoY change
Non-family households 113,455 58.9% 3.7%
Family households 79,279 41.1% -0.4%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Minneapolis

The housing landscape of Minneapolis

Minneapolis's housing consists of 209,080 units, with 40.2% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 3.6% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 0.3% of the housing landscape.

Housing units
209,080
2.9% year-over-year change
Housing types
Value Percent
1 unit, detached 84,075 40.2%
1 unit, attached 7,476 3.6%
2 units 16,850 8.1%
3 or 4 units 7,657 3.7%
5 to 9 units 7,704 3.7%
10 to 19 units 14,470 6.9%
20 to 49 units 20,661 9.9%
50 or more units 49,597 23.7%
Mobile home 570 0.3%
Boat, RV, van, etc. 20 0%
Homes built since 2020
3,824
89.9% year-over-year change

The age of buildings in Minneapolis

In Minneapolis, the median construction year is 1951. About 42.8% of homes were built before the 1940s, with another 6% going up by 1949. Most development happened in the second half of the 20th century. Then, 6.4% of homes were added from 2000 to 2009, 9.4% between 2010 and 2019, and 1.8% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 89,537 42.8% 1.1%
Built between 1940 and 1949 12,612 6% 0.7%
Built between 1950 and 1959 17,098 8.2% 2.7%
Built between 1960 and 1969 14,648 7% 5.5%
Built between 1970 and 1979 17,041 8.2% 2.0%
Built between 1980 and 1989 13,695 6.6% -1.6%
Built between 1990 and 1999 7,700 3.7% -10.8%
Built between 2000 and 2009 13,329 6.4% 6.0%
Built between 2010 and 2019 19,596 9.4% 10.2%
Built in 2020 or later 3,824 1.8% 89.9%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Minneapolis occupancy rates

Out of the 192,734 occupied housing units in Minneapolis, 47.7% are owner-occupied, while 52.3% are lived in by tenants. Meanwhile, 7.8% of all homes on the local market sit vacant.

Occupied housing units
192,734
2.0% year-over-year change
Occupancy breakdown
Renter occupied
100,754
Owner occupied
91,980
Value Percent YoY
change
Renter occupied 100,754 52.3% 2.5%
Owner occupied 91,980 47.7% 1.4%
Unoccupied housing units
7.8%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Minneapolis housing costs

Housing costs in Minneapolis come to a median of $1,552 per month, while tenants specifically pay a median gross rent of $1,371.

Median housing costs per month
$1,552/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Minneapolis
$1,371/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Minneapolis

Minneapolis education at a glance

About 19.5% of the population in Minneapolis went to high school, while 19.7% pursued college studies. Another 6.2% earned an associate degree and 31.8% hold a bachelor’s. Meanwhile, 18.8% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 14,030 4% -5.8%
High school diploma 67,519 19.5% 0.3%
College diploma 68,278 19.7% -0.9%
Associate degree 21,612 6.2% -4.6%
Bachelor's degree 110,156 31.8% 2.2%
Graduate degree 65,208 18.8% 2.3%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Minneapolis

How much people earn in Minneapolis

The average annual household income in Minneapolis was $115,325 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +2.4% change from the previous year. At the same time, the median income stood at $80,846, reflecting a +0.7% shift over the same period.

Average household income in Minneapolis
$115,325/year
2.4% year-over-year change
Median household income in Minneapolis
$80,846/year
0.7% year-over-year change

Minneapolis income by age

In Minneapolis, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $93,068. Those with someone between 45 and 64 in charge, often well established professionally, earn $93,023 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $42,698, while those led by someone over 65, many of whom may be retired, have about $57,598 in earnings. Overall, 84% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $42,698 -1.5%
25 - 44 $93,068 1.8%
45 - 64 $93,023 -0.4%
Over 65 $57,598 0.8%
Above poverty level
341,197
Below poverty level
64,954
Value Percent YoY
change
Above poverty level 341,197 84% 0.5%
Below poverty level 64,954 16% -2.2%

Average renter income in Minneapolis

To get a better sense of what renters earn on average in Minneapolis, their median household income was $51,353 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 32%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$51,353
Rent-to-income ratio
32%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Minneapolis

Workforce and job types in Minneapolis

The job market in Minneapolis is powered by 243,945 working residents, spread across a range of industries and roles. 87.1% of the working population are employed in professional or administrative positions, while 12.9% are in hands-on or service-based jobs. Also, 8.7% run their own businesses, 62.4% are employed by private companies, and 14.3% work in the public sector.

Workforce demographics

Working population
243,945
-0.5% year-over-year change
White collar
212,386
Blue collar
31,559
Value Percent YoY change
White collar 212,386 87.1% -0.7%
Blue collar 31,559 12.9% 0.5%
Employer type
Self employees
8.7%
Private companies
62.4%
Governmental workers
14.3%
Not for profit companies
14.6%
Value Percent YoY change
Self employees 21,329 8.7% -1.5%
Private companies 152,212 62.4% -1.4%
Governmental workers 34,903 14.3% 2.3%
Not for profit companies 35,501 14.6% 1.3%
Unemployment rate
6.0%
4.9% year-over-year change

Available workforce

The unemployment rate in Minneapolis stands at 6%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Minneapolis

How people get around in Minneapolis

Commuting methods vary: 57.8% of residents travel by personal vehicle and 5.8% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 138,276 57.8% -3.0%
Taxicab 1,089 0.4% 5.2%
Bus or trolleybus 13,876 5.8% -8.4%
Subway or elevated 348 0.2% N/A
Railroad 22 0% -72.8%
Ferryboat 16 0% -46.7%
Motorcycle 183 0.1% 66.4%
Bicycle 4,825 2% -11.1%
Walk 13,825 5.8% -4.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Minneapolis by zipcode?

Zipcode Population Number of households Median income Average income
55406 36,581 16,999 $93,910 $115,881
55407 37,667 14,789 $78,464 $102,910
55408 31,507 17,344 $70,326 $98,219
55409 11,188 5,255 $98,305 $126,182
55111 233 138 $0 $94,833
55401 11,816 8,611 $113,522 $153,197
55402 667 430 $62,105 $86,199
55403 17,601 11,762 $60,873 $103,648
55404 28,920 13,073 $41,940 $62,567
55405 17,198 8,228 $73,053 $121,304

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FAQs about Minneapolis demographics 

What is the total population of Minneapolis?

Minneapolis has a total population of 427,246 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +0.1% compared to a year ago.

What is the gender ratio in Minneapolis?

The gender ratio in Minneapolis is as follows:
  • 50.9% males (217,554 residents)
  • 49.1% females (209,692 residents)

What is the median age in Minneapolis?

The median age in Minneapolis is 33.4.

What is the age distribution of the population in Minneapolis?

The age distribution in Minneapolis is as follows:
  • Under 15: 15.6% (66,851 residents)
  • Ages 15-24: 16.5% (70,530 residents)
  • Ages 25-44: 36% (153,853 residents)
  • Ages 45-64: 20.5% (87,474 residents)
  • Over 65: 11.4% (48,538 residents)

What is the racial and ethnic makeup of Minneapolis?

The racial and ethnic makeup of Minneapolis is as follows:
  • White: 60.4% (257,823 residents)
  • Black or African American: 18.8% (80,177 residents)
  • American Indian and Alaska Native: 1.1% (4,522 residents)
  • Asian: 5.3% (22,701 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (94 residents)
  • Two or More Races: 9.9% (42,129 residents)
  • Other: 4.6% (19,800 residents)

What percentage of the population in Minneapolis are U.S.-born citizens?

U.S.-born citizens represent 84.7% of the population in Minneapolis.

How many housing units are there in Minneapolis?

There are 209,080 housing units in Minneapolis, reflecting a +2.9% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Minneapolis and what is the average household size?

Minneapolis has a total of 192,734 households, with an average of 2 people in each.

What is the median household income in Minneapolis?

Minneapolis has a median household income of $80,846, representing a +0.7% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Minneapolis?

The employment rate is 94% in Minneapolis, with a workforce of 243,945 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 87.1% (212,386 residents)
  • Blue-collar workers: 12.9% (31,559 residents)

Places of employment:
  • Self-employed: 8.7% (21,329 residents)
  • Private companies: 62.4% (152,212 residents)
  • Governmental workers: 14.3% (34,903 residents)
  • Not-for-profit companies: 14.6% (35,501 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025