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

Total population
4,133
-6.6% year-over-year change
Median household income
$68,682/yr
-4.5% year-over-year change
Housing units
1,622
-0.8% year-over-year change

Victory population

How many people live in Victory

Victory is home to 4,133 residents, according to the most recent Census data. Gender-wise, 48.2% of Victory locals are male, and 51.8% are female.

Total population
4,133
-6.6% year-over-year change
Gender ratio
Male
48.2%
1,994
Female
51.8%
2,139
Value Percent YoY change
Male 1,994 48.2% -8.7%
Female 2,139 51.8% -4.6%
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 Victory is 35, with the population distributed as follows: about 21.3% are children under 15, then 12.6% are in the 15 to 24 age group. Adults between 25 and 44 make up 33.4% of the population, while another 23.3% fall into the 45 to 64 bracket. Finally, around 9.4% are 65 or older.

Median age
35.2
Age breakdown
Under 15
21.3%
15 to 24
12.6%
25 to 44
33.4%
45 to 64
23.3%
Over 65
9.4%
Value Percent YoY change
Under 15 880 21.3% -13.0%
15 to 24 523 12.6% -12.2%
25 to 44 1,379 33.4% -6.7%
45 to 64 962 23.3% -0.8%
Over 65 389 9.4% 5.1%
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 Victory, 86.7% of the population are US-born citizens, while 8.9% have gained naturalized citizenship. At the same time, 4.4% of residents are non-citizens. As for race, 38.2% of locals are Caucasian, 34% are African American and 8.5% have Asian roots. There’s also a share of 11.6% that includes residents with two or more races.

Citizenship
U.S.-born citizens
86.7%
Non-U.S.-born citizens
8.9%
Non-citizens
4.4%
Value Percent YoY change
U.S.-born citizens 3,583 86.7% -7.0%
Non-U.S.-born citizens 369 8.9% 5.4%
Non-citizens 182 4.4% -16.9%
Racial breakdown
White
38.2%
Black or African American
34%
American Indian and Alaska Native
1.3%
Asian
8.5%
Native Hawaiian and other Pacific Islander
0%
Two or more races
11.6%
Other
6.4%
Value Percent
White 1,581 38.2%
Black or African American 1,404 34%
American Indian and Alaska Native 52 1.3%
Asian 351 8.5%
Native Hawaiian and other Pacific Islander 1 0%
Two or more races 478 11.6%
Other 266 6.4%

Households in Victory

A peek inside Victory households

Victory has 1,515 households, with an average of 3 members in each. Of these, 57% are families, while the remaining 43% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
1,515
-1.8% year-over-year change
Average people per household
3
Non-family households
652
Family households
863
Value Percent YoY change
Non-family households 652 43% 5.7%
Family households 863 57% -6.8%
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 Victory

The housing landscape of Victory

Victory's housing consists of 1,622 units, with 81.9% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 2% 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 1% of the housing landscape.

Housing units
1,622
-0.8% year-over-year change
Housing types
Value Percent
1 unit, detached 1,329 81.9%
1 unit, attached 33 2%
2 units 59 3.6%
3 or 4 units 29 1.8%
5 to 9 units 26 1.6%
10 to 19 units 25 1.5%
20 to 49 units 7 0.4%
50 or more units 98 6%
Mobile home 16 1%
Homes built since 2020
3
-25.0% year-over-year change

The age of buildings in Victory

In Victory, the median construction year is 1938. About 59% of homes were built before the 1940s, with another 11% going up by 1949. Most development happened in the second half of the 20th century. Then, 3% of homes were added from 2000 to 2009, 0.9% between 2010 and 2019, and 0.2% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 957 59% 1.8%
Built between 1940 and 1949 178 11% 9.2%
Built between 1950 and 1959 173 10.7% -9.9%
Built between 1960 and 1969 70 4.3% -4.1%
Built between 1970 and 1979 72 4.4% -11.1%
Built between 1980 and 1989 77 4.8% -7.2%
Built between 1990 and 1999 28 1.7% -22.2%
Built between 2000 and 2009 49 3% -9.3%
Built between 2010 and 2019 15 0.9% 87.5%
Built in 2020 or later 3 0.2% -25.0%
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.

Victory occupancy rates

Out of the 1,515 occupied housing units in Victory, 72.2% are owner-occupied, while 27.8% are lived in by tenants. Meanwhile, 6.6% of all homes on the local market sit vacant.

Occupied housing units
1,515
-1.8% year-over-year change
Occupancy breakdown
Renter occupied
421
Owner occupied
1,094
Value Percent YoY
change
Renter occupied 421 27.8% -6.7%
Owner occupied 1,094 72.2% 0.2%
Unoccupied housing units
6.6%
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.

Victory housing costs

Housing costs in Victory come to a median of $1,485 per month, while tenants specifically pay a median gross rent of $1,401.

Median housing costs per month
$1,485/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 Victory
$1,401/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 Victory

Victory education at a glance

About 35.6% of the population in Victory went to high school, while 22.8% pursued college studies. Another 6.4% earned an associate degree and 21.1% hold a bachelor’s. Meanwhile, 7.3% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 206 6.8% -20.5%
High school diploma 1,075 35.6% -6.8%
College diploma 689 22.8% -1.9%
Associate degree 192 6.4% -19.3%
Bachelor's degree 639 21.1% 10.4%
Graduate degree 222 7.3% -3.1%
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 Victory

How much people earn in Victory

The average annual household income in Victory was $84,192 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -2.1% change from the previous year. At the same time, the median income stood at $68,682, reflecting a -4.5% shift over the same period.

Average household income in Victory
$84,192/year
-2.1% year-over-year change
Median household income in Victory
$68,682/year
-4.5% year-over-year change

Victory income by age

In Victory, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $91,009. Those with someone between 45 and 64 in charge, often well established professionally, earn $63,776 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $117,650, while those led by someone over 65, many of whom may be retired, have about $42,922 in earnings. Overall, 84% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $117,650 44.5%
25 - 44 $91,009 2.0%
45 - 64 $63,776 0.8%
Over 65 $42,922 1.6%
Above poverty level
3,374
Below poverty level
645
Value Percent YoY
change
Above poverty level 3,374 84% -9.1%
Below poverty level 645 16% 12.6%

Employment in Victory

Workforce and job types in Victory

76.8% of the working population are employed in professional or administrative positions, while 23.2% are in hands-on or service-based jobs. Also, 7.4% run their own businesses, 61.5% are employed by private companies, and 17.1% work in the public sector.

Workforce demographics

White collar
1,538
Blue collar
466
Value Percent YoY change
White collar 1,538 76.8% -8.7%
Blue collar 466 23.2% 0.0%
Employer type
Self employees
7.4%
Private companies
61.5%
Governmental workers
17.1%
Not for profit companies
14%
Value Percent YoY change
Self employees 148 7.4% -10.8%
Private companies 1,232 61.5% -11.9%
Governmental workers 343 17.1% 3.9%
Not for profit companies 280 14% 9.8%

Transportation in Victory

How people get around in Victory

In Victory, the average commute time is 4 minutes. Commuting methods vary: 86.7% of residents travel by personal vehicle and 0.7% 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 1,385 86.7% -7.4%
Taxicab 21 1.3% 5.0%
Bus or trolleybus 177 11.1% 0.6%
Bicycle 4 0.2% -20.0%
Walk 11 0.7% -38.9%
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 Victory by zipcode?

Zipcode Population Number of households Median income Average income
55412 24,460 8,966 $68,682 $86,598

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FAQs about Victory demographics 

What is the total population of Victory?

Victory has a total population of 4,133 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 -6.6% compared to a year ago.

What is the gender ratio in Victory?

The gender ratio in Victory is as follows:
  • 48.2% males (1,994 residents)
  • 51.8% females (2,139 residents)

What is the median age in Victory?

The median age in Victory is 35.2.

What is the age distribution of the population in Victory?

The age distribution in Victory is as follows:
  • Under 15: 21.3% (880 residents)
  • Ages 15-24: 12.6% (523 residents)
  • Ages 25-44: 33.4% (1,379 residents)
  • Ages 45-64: 23.3% (962 residents)
  • Over 65: 9.4% (389 residents)

What is the racial and ethnic makeup of Victory?

The racial and ethnic makeup of Victory is as follows:
  • White: 38.2% (1,581 residents)
  • Black or African American: 34% (1,404 residents)
  • American Indian and Alaska Native: 1.3% (52 residents)
  • Asian: 8.5% (351 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (1 residents)
  • Two or More Races: 11.6% (478 residents)
  • Other: 6.4% (266 residents)

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

U.S.-born citizens represent 86.7% of the population in Victory.

How many housing units are there in Victory?

There are 1,622 housing units in Victory, reflecting a -0.8% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

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

Victory has a total of 1,515 households, with an average of 3 people in each.

What is the median household income in Victory?

Victory has a median household income of $68,682, representing a -4.5% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Victory?

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

Job types:
  • White-collar workers: 76.8% (1,538 residents)
  • Blue-collar workers: 23.2% (466 residents)

Places of employment:
  • Self-employed: 7.4% (148 residents)
  • Private companies: 61.5% (1,232 residents)
  • Governmental workers: 17.1% (343 residents)
  • Not-for-profit companies: 14% (280 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