Downtown Minneapolis, Minneapolis, MN demographics:
population, income, and more

Total population
19,396
3.3% year-over-year change
Median household income
$62,105/yr
-11.0% year-over-year change
Housing units
11,872
5.7% year-over-year change

Downtown Minneapolis population

How many people live in Downtown Minneapolis

Downtown Minneapolis is home to 19,396 residents, according to the most recent Census data. Gender-wise, 57.8% of Downtown Minneapolis locals are male, and 42.2% are female.

Total population
19,396
3.3% year-over-year change
Gender ratio
Male
57.8%
11,201
Female
42.2%
8,195
Value Percent YoY change
Male 11,201 57.8% 4.0%
Female 8,195 42.2% 2.4%
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 Downtown Minneapolis is 33, with the population distributed as follows: about 10.2% are children under 15, then 12.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 46.4% of the population, while another 20.1% fall into the 45 to 64 bracket. Finally, around 10.5% are 65 or older.

Median age
33.2
Age breakdown
Under 15
10.2%
15 to 24
12.8%
25 to 44
46.4%
45 to 64
20.1%
Over 65
10.5%
Value Percent YoY change
Under 15 1,977 10.2% 8.4%
15 to 24 2,484 12.8% 2.4%
25 to 44 9,004 46.4% 3.0%
45 to 64 3,893 20.1% -0.2%
Over 65 2,039 10.5% 8.2%
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 Downtown Minneapolis, 81.6% of the population are US-born citizens, while 10.7% have gained naturalized citizenship. At the same time, 7.7% of residents are non-citizens. As for race, 59% of locals are Caucasian, 19.8% are African American and 7.6% have Asian roots. There’s also a share of 7.8% that includes residents with two or more races.

Citizenship
U.S.-born citizens
81.6%
Non-U.S.-born citizens
10.7%
Non-citizens
7.7%
Value Percent YoY change
U.S.-born citizens 15,825 81.6% 3.6%
Non-U.S.-born citizens 2,083 10.7% 1.1%
Non-citizens 1,489 7.7% 3.3%
Racial breakdown
White
59%
Black or African American
19.8%
American Indian and Alaska Native
1.6%
Asian
7.6%
Native Hawaiian and other Pacific Islander
0%
Two or more races
7.8%
Other
4.2%
Value Percent
White 11,439 59%
Black or African American 3,849 19.8%
American Indian and Alaska Native 308 1.6%
Asian 1,469 7.6%
Native Hawaiian and other Pacific Islander 3 0%
Two or more races 1,505 7.8%
Other 823 4.2%

Households in Downtown Minneapolis

A peek inside Downtown Minneapolis households

Downtown Minneapolis has 10,731 households, with an average of 2 members in each. Of these, 25.8% are families, while the remaining 74.2% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
10,731
4.8% year-over-year change
Average people per household
2
Non-family households
7,966
Family households
2,764
Value Percent YoY change
Non-family households 7,966 74.2% 3.7%
Family households 2,764 25.8% 7.9%
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 Downtown Minneapolis

The housing landscape of Downtown Minneapolis

Downtown Minneapolis's housing consists of 11,872 units, with 5.4% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 2.1% 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 0.2% of the housing landscape.

Housing units
11,872
5.7% year-over-year change
Housing types
Value Percent
1 unit, detached 638 5.4%
1 unit, attached 247 2.1%
2 units 219 1.8%
3 or 4 units 258 2.2%
5 to 9 units 197 1.7%
10 to 19 units 810 6.8%
20 to 49 units 1,941 16.4%
50 or more units 7,534 63.4%
Mobile home 30 0.2%
Homes built since 2020
527
188.0% year-over-year change

The age of buildings in Downtown Minneapolis

In Downtown Minneapolis, the median construction year is 1971. About 22.2% of homes were built before the 1940s, with another 1.4% going up by 1949. Most development happened in the second half of the 20th century. Then, 12.6% of homes were added from 2000 to 2009, 25.7% between 2010 and 2019, and 4.4% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 2,639 22.2% -0.9%
Built between 1940 and 1949 169 1.4% 11.9%
Built between 1950 and 1959 299 2.5% -9.1%
Built between 1960 and 1969 717 6% 8.3%
Built between 1970 and 1979 944 8% 15.0%
Built between 1980 and 1989 1,418 11.9% -4.8%
Built between 1990 and 1999 608 5.1% -1.1%
Built between 2000 and 2009 1,500 12.6% 8.2%
Built between 2010 and 2019 3,052 25.7% 4.1%
Built in 2020 or later 527 4.4% 188.0%
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.

Downtown Minneapolis occupancy rates

Out of the 10,731 occupied housing units in Downtown Minneapolis, 25.9% are owner-occupied, while 74.1% are lived in by tenants. Meanwhile, 9.6% of all homes on the local market sit vacant.

Occupied housing units
10,731
4.8% year-over-year change
Occupancy breakdown
Renter occupied
7,950
Owner occupied
2,780
Value Percent YoY
change
Renter occupied 7,950 74.1% 4.4%
Owner occupied 2,780 25.9% 5.9%
Unoccupied housing units
9.6%
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.

Downtown Minneapolis housing costs

Housing costs in Downtown Minneapolis come to a median of $1,808 per month, while tenants specifically pay a median gross rent of $1,638.

Median housing costs per month
$1,808/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 Downtown Minneapolis
$1,638/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 Downtown Minneapolis

Downtown Minneapolis education at a glance

About 16.3% of the population in Downtown Minneapolis went to high school, while 17.6% pursued college studies. Another 4.6% earned an associate degree and 34.8% hold a bachelor’s. Meanwhile, 23.3% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 559 3.3% 6.1%
High school diploma 2,804 16.3% -2.0%
College diploma 3,023 17.6% 15.8%
Associate degree 795 4.6% -1.7%
Bachelor's degree 5,971 34.8% 2.2%
Graduate degree 4,004 23.3% -0.4%
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 Downtown Minneapolis

How much people earn in Downtown Minneapolis

The average annual household income in Downtown Minneapolis was $125,318 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -0.9% change from the previous year. At the same time, the median income stood at $62,105, reflecting a -11% shift over the same period.

Average household income in Downtown Minneapolis
$125,318/year
-0.9% year-over-year change
Median household income in Downtown Minneapolis
$62,105/year
-11.0% year-over-year change

Downtown Minneapolis income by age

In Downtown Minneapolis, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $67,882. Those with someone between 45 and 64 in charge, often well established professionally, earn $94,958 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $45,655, while those led by someone over 65, many of whom may be retired, have about $75,939 in earnings. Overall, 82.6% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $45,655 -13.9%
25 - 44 $67,882 -13.1%
45 - 64 $94,958 -3.0%
Over 65 $75,939 -1.7%
Above poverty level
14,709
Below poverty level
3,091
Value Percent YoY
change
Above poverty level 14,709 82.6% 4.1%
Below poverty level 3,091 17.4% 3.4%

Employment in Downtown Minneapolis

Workforce and job types in Downtown Minneapolis

90% of the working population are employed in professional or administrative positions, while 10% are in hands-on or service-based jobs. Also, 7.7% run their own businesses, 68% are employed by private companies, and 10.4% work in the public sector.

Workforce demographics

White collar
10,590
Blue collar
1,178
Value Percent YoY change
White collar 10,590 90% -0.0%
Blue collar 1,178 10% 6.8%
Employer type
Self employees
7.7%
Private companies
68%
Governmental workers
10.4%
Not for profit companies
13.9%
Value Percent YoY change
Self employees 906 7.7% -0.7%
Private companies 8,000 68% 2.0%
Governmental workers 1,221 10.4% -0.9%
Not for profit companies 1,640 13.9% -4.0%

Transportation in Downtown Minneapolis

How people get around in Downtown Minneapolis

In Downtown Minneapolis, the average commute time is 4 minutes. Commuting methods vary: 62% of residents travel by personal vehicle and 27.5% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Commute time
4 min
Means of transportation
Value Percent YoY change
Car 4,990 62% -1.7%
Taxicab 38 0.5% 18.8%
Bus or trolleybus 567 7% -9.6%
Ferryboat 2 0% -33.3%
Motorcycle 29 0.4% N/A
Bicycle 208 2.6% -11.1%
Walk 2,213 27.5% -3.1%
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 Downtown Minneapolis by zipcode?

Zipcode Population Number of households Median income Average income
55415 6,900 3,286 $124,921 $180,945
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

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FAQs about Downtown Minneapolis demographics 

What is the total population of Downtown Minneapolis?

Downtown Minneapolis has a total population of 19,396 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 +3.3% compared to a year ago.

What is the gender ratio in Downtown Minneapolis?

The gender ratio in Downtown Minneapolis is as follows:
  • 57.8% males (11,201 residents)
  • 42.2% females (8,195 residents)

What is the median age in Downtown Minneapolis?

The median age in Downtown Minneapolis is 33.2.

What is the age distribution of the population in Downtown Minneapolis?

The age distribution in Downtown Minneapolis is as follows:
  • Under 15: 10.2% (1,977 residents)
  • Ages 15-24: 12.8% (2,484 residents)
  • Ages 25-44: 46.4% (9,004 residents)
  • Ages 45-64: 20.1% (3,893 residents)
  • Over 65: 10.5% (2,039 residents)

What is the racial and ethnic makeup of Downtown Minneapolis?

The racial and ethnic makeup of Downtown Minneapolis is as follows:
  • White: 59% (11,439 residents)
  • Black or African American: 19.8% (3,849 residents)
  • American Indian and Alaska Native: 1.6% (308 residents)
  • Asian: 7.6% (1,469 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (3 residents)
  • Two or More Races: 7.8% (1,505 residents)
  • Other: 4.2% (823 residents)

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

U.S.-born citizens represent 81.6% of the population in Downtown Minneapolis.

How many housing units are there in Downtown Minneapolis?

There are 11,872 housing units in Downtown Minneapolis, reflecting a +5.7% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

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

Downtown Minneapolis has a total of 10,731 households, with an average of 2 people in each.

What is the median household income in Downtown Minneapolis?

Downtown Minneapolis has a median household income of $62,105, representing a -11.0% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Downtown Minneapolis?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 90% (10,590 residents)
  • Blue-collar workers: 10% (1,178 residents)

Places of employment:
  • Self-employed: 7.7% (906 residents)
  • Private companies: 68% (8,000 residents)
  • Governmental workers: 10.4% (1,221 residents)
  • Not-for-profit companies: 13.9% (1,640 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