Minneapolis, Minnesota Housing

Minneapolis, Minnesota has a population of 425,000, with a median household income of $70,400.

Current housing data for Minneapolis.

$325,000

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Population

425,000

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Median Income

$70,400

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Unemployment

3.60%

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Housing Price

$325,000

🚨

Crime Rate

54.20

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Internet Speed

1000.00 Mbps

Situated in Minnesota, Minneapolis provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Minneapolis has a population of 425,000, which is higher than the state average. This indicates a relatively larger urban presence within Minnesota.

Income and Economy

The median household income in Minneapolis is $70,400, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Minneapolis average around $325,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Minneapolis is 3.60%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Minneapolis are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Minnesota, Minneapolis shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Minneapolis offers a balanced mix of economic conditions, population trends, and housing opportunities within Minnesota.

Frequently Asked Questions about Minneapolis

What is the population of Minneapolis?

The population of Minneapolis is approximately 425,000.

Is Minneapolis a good place to live?

Minneapolis offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Minneapolis?

The median household income in Minneapolis is around $70,400.

How expensive is housing in Minneapolis?

The average housing price in Minneapolis is approximately $325,000.