Prospect Park East River Road, Minneapolis, MN demographics:
population, income, and more
Prospect Park East River Road population
How many people live in Prospect Park East River Road
Prospect Park East River Road is home to 12,610 residents, according to the most recent Census data. Gender-wise, 50.5% of Prospect Park East River Road locals are male, and 49.5% are female.
Age demographics
The median age in Prospect Park East River Road is 21, with the population distributed as follows: about 4.4% are children under 15, then 57.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 25.8% of the population, while another 6.8% fall into the 45 to 64 bracket. Finally, around 5.3% are 65 or older.
Racial makeup
In Prospect Park East River Road, 82.4% of the population are US-born citizens, while 7.1% have gained naturalized citizenship. At the same time, 10.5% of residents are non-citizens. As for race, 64% of locals are Caucasian, 9.7% are African American and 12.6% have Asian roots. There’s also a share of 10.4% that includes residents with two or more races.
Households in Prospect Park East River Road
A peek inside Prospect Park East River Road households
Prospect Park East River Road has 5,011 households, with an average of 2 members in each. Of these, 21.2% are families, while the remaining 78.8% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Prospect Park East River Road
The housing landscape of Prospect Park East River Road
Prospect Park East River Road's housing consists of 5,642 units, with 12.8% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 5.1% 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.
The age of buildings in Prospect Park East River Road
In Prospect Park East River Road, the median construction year is 1988. About 19.2% of homes were built before the 1940s, with another 1% going up by 1949. Most development happened in the second half of the 20th century. Then, 10.9% of homes were added from 2000 to 2009, 29% between 2010 and 2019, and 2.9% are part of the newest wave of development.
Prospect Park East River Road occupancy rates
Out of the 5,011 occupied housing units in Prospect Park East River Road, 15.2% are owner-occupied, while 84.9% are lived in by tenants. Meanwhile, 11.2% of all homes on the local market sit vacant.
Prospect Park East River Road housing costs
Housing costs in Prospect Park East River Road come to a median of $1,455 per month, while tenants specifically pay a median gross rent of $1,425.
Education in Prospect Park East River Road
Prospect Park East River Road education at a glance
About 18.2% of the population in Prospect Park East River Road went to high school, while 38.1% pursued college studies. Another 3.8% earned an associate degree and 25.5% hold a bachelor’s. Meanwhile, 12.6% went even further, earning a master’s or doctorate.
Income in Prospect Park East River Road
How much people earn in Prospect Park East River Road
The average annual household income in Prospect Park East River Road was $79,915 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +10.6% change from the previous year. At the same time, the median income stood at $51,966, reflecting a +10.6% shift over the same period.
Prospect Park East River Road income by age
In Prospect Park East River Road, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $64,990. Those with someone between 45 and 64 in charge, often well established professionally, earn $68,955 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $32,937, while those led by someone over 65, many of whom may be retired, have about $82,500 in earnings. Overall, 63.7% of the locals in this community live above the poverty line.
Employment in Prospect Park East River Road
Workforce and job types in Prospect Park East River Road
89.2% of the working population are employed in professional or administrative positions, while 10.8% are in hands-on or service-based jobs. Also, 3.7% run their own businesses, 61.5% are employed by private companies, and 21% work in the public sector.
Workforce demographics
Transportation in Prospect Park East River Road
How people get around in Prospect Park East River Road
In Prospect Park East River Road, the average commute time is 2 minutes. Commuting methods vary: 66.2% of residents travel by personal vehicle and 17.2% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Prospect Park East River Road by zipcode?
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FAQs about Prospect Park East River Road demographics
What is the total population of Prospect Park East River Road?
What is the gender ratio in Prospect Park East River Road?
- 50.5% males (6,370 residents)
- 49.5% females (6,240 residents)
What is the median age in Prospect Park East River Road?
What is the age distribution of the population in Prospect Park East River Road?
- Under 15: 4.4% (551 residents)
- Ages 15-24: 57.8% (7,287 residents)
- Ages 25-44: 25.8% (3,252 residents)
- Ages 45-64: 6.8% (851 residents)
- Over 65: 5.3% (669 residents)
What is the racial and ethnic makeup of Prospect Park East River Road?
- White: 64% (8,067 residents)
- Black or African American: 9.7% (1,225 residents)
- American Indian and Alaska Native: 0.9% (109 residents)
- Asian: 12.6% (1,584 residents)
- Native Hawaiian and Other Pacific Islander: 0% (1 residents)
- Two or More Races: 10.4% (1,305 residents)
- Other: 2.5% (318 residents)
What percentage of the population in Prospect Park East River Road are U.S.-born citizens?
How many housing units are there in Prospect Park East River Road?
How many households are in Prospect Park East River Road and what is the average household size?
What is the median household income in Prospect Park East River Road?
What is the job market overview for Prospect Park East River Road?
Job types:
- White-collar workers: 89.2% (7,102 residents)
- Blue-collar workers: 10.8% (864 residents)
Places of employment:
- Self-employed: 3.7% (297 residents)
- Private companies: 61.5% (4,895 residents)
- Governmental workers: 21% (1,673 residents)
- Not-for-profit companies: 13.8% (1,100 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.