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Median House Value:

Minneapolis, MN real estate and demographic information

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Minneapolis zip codes55401, 55402, 55403, 55404, 55406, 55407, 55408, 55409, 55414, 55415

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POPULATION
382,452

Minneapolis, MN Information

MINNEAPOLIS INFORMATION DETAILS
POPULATION 382,452
NUMBER OF HOMES AND APARTMENTS 168,624
MINNEAPOLIS HOME OWNERSHIP
% OWNER OCCUPIED 49.47%
% RENTER OCCUPIED 46.81%
% VACANT 3.72%
TYPE OF MINNEAPOLIS HOMES
SINGLE FAMILY DETACHED 45.32%
ROWHOUSES AND ATTACHED HOMES 3.26%
SMALL APARTMENT BUILDINGS 15.91%
COMPLEXES OR HIGH RISE APARTMENTS 35.32%
MOBILE HOMES 0.19%
OTHER 0.00%
SIZE OF MINNEAPOLIS HOMES
NO BEDROOM 8.31%
1 BEDROOM 26.52%
2 BEDROOMS 30.45%
3 BEDROOMS 24.37%
4 BEDROOMS 8.19%
5 OR MORE BEDROOMS 2.16%
AGE OF HOMES
NEWER HOMES (1995 OR LATER) 1.31%
ESTABLISHED, BUT NOT OLD HOMES (1970-1994) 16.93%
WELL-ESTABLISHED, OLD HOMES (1940-1969) 30.81%
HISTORIC (1939 OR BEFORE) 50.95%


MINNEAPOLIS REAL ESTATE INFORMATION DETAILS
MEDIAN HOME VALUE $204,778
MEDIAN RENTAL PRICE $840
HOME VALUE RANGE
$0-$90,000 4.20%
$90,001-$180,000 35.91%
$180,001-$361,000 46.09%
$361,001-$541,000 8.10%
$541,001-$721,000 2.81%
$721,001-$901,000 1.30%
$901,001-$1,350,000 0.99%
$1,350,001-$1,801,000 0.28%
> $1,801,000 0.32%


PEOPLE OF Minneapolis DETAILS
POPULATION DISTRIBUTION
UNDER 5 YEARS 6.43%
5 TO 17 15.54%
18 TO 24 14.39%
25 TO 34 20.57%
35 TO 54 28.18%
55 TO 64 5.85%
65 YEARS AND OVER 9.05%
EDUCATIONAL ATTAINMENT OF ADULTS
HIGH SCHOOL GRADUATES 84.95%
COLLEGE GRADUATES 37.40%
MEDIAN HOUSEHOLD INCOME $37,974
PER CAPITA INCOME $22,685
INDIVIDUALS BELOW POVERTY LEVEL 16.92%
INDUSTRIES PEOPLE WORK IN Healthcare (12.07%), Manufacturing (10.79%), Education (10.75%), Retail (10.62%), Professional, scientific, and technical services (9.36%), Accomodation (8.21%), Finance (6.69%), Other (5.13%), Transportation (4.20%), Administration (4.14%), Information Technology (3.56%), Construction (3.29%), Public Service (2.98%), Arts (2.79%), Wholesale (2.59%)
ATTENDING COLLEGE 11.34%
RACIAL MAKEUP
WHITE 65.23%
BLACK OR AFRICAN AMERICAN 17.59%
AMERICAN INDIAN AND ALASKA NATIVE 1.98%
ASIAN 6.25%
NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDER 0.10%
SOME OTHER RACE ALONE 4.21%
TWO OR MORE RACES 4.65%
HISPANIC OR LATINO (OF ANY RACE) 7.60%
ETHNICITIES PRESENT Other Groups (26.91%), German (14.36%), Unclassified (12.74%), Norwegian (7.88%), Irish (5.98%), Swedish (5.02%), English (3.27%), Polish (2.67%)
FOREIGN BORN 14.51%
LANGUAGES SPOKEN English (75.55%) , Spanish (6.69%) , African (2.75%) , Miao, Hmong (2.53%)
About Minneapolis

Minneapolis is a large city located in the state of Minnesota. With a population of 382,452 people and 128 constituent neighborhoods, Minneapolis is the largest community in Minnesota. Minneapolis has an unusually large stock of pre-World War II architecture, making it one of the older and more historic cities in the country.

Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Minneapolis is neither predominently one or the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Minneapolis is a city of professionals, sales and office workers, and service providers. There are especially a lot of people living in Minneapolis who work in office and administrative support jobs (15.58%), sales jobs (10.09%), and management occupations (8.65%).

Of important note, Minneapolis is also a city of artists. Minneapolis has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Minneapolis's character.

Also of interest is that Minneapolis has more people living here who work in computers and math than 95% of the places in the US.

In addition, Minneapolis is a major college town. As is often the case in college towns, the many students that live in Minneapolis have a strong influence on the local culture and music scene. In fact, Minneapolis is one of only a few big cities that are also major college towns. This combination of big city status and thousands of college students gives Minneapolis, on one hand, a sophisticated style, while on the other also providing lots of diversions and entertainment for students. In fact, Minneapolis is one of the biggest "college towns" in America. This elevates both the status of the city and the knowledge sector of the local economy, which is sustained by a steady output of new college graduates every spring.

Not only is Minneapolis a city with many college students, but it also retains many recent graduates who are looking to start new careers, creating a very large population of people who are young, single, educated, and upwardly-mobile. This makes Minneapolis a good place to live for young professionals. With so many people in this demographic, Minneapolis presents many opportunities for single professionals to enjoy themselves, socialize, and to create lasting relationships.

Minneapolis Information and Demographics

The citizens of Minneapolis are very well educated compared to the average community in the nation: 37.40% of adults in Minneapolis have a bachelor's degree or even advanced degree.

The per capita income in Minneapolis in 2000 was $22,685, which is upper middle income relative to Minnesota and the nation. This equates to an annual income of $90,740 for a family of four.

Minneapolis is an extremely ethnically-diverse city. The people who call Minneapolis home come from a variety of different races and ancestries. The most prevalent race in Minneapolis is White, followed by African-American. Important ancestries of people in Minneapolis include German, Norwegian, Irish, Swedish, English, and Polish.

The languages spoken by people in Minneapolis are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Minneapolis is English. Other important languages spoken here include Spanish, African, and Miao, Hmong.

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