Minneapolis, MN cityscape

55415

Minneapolis, MN

Total Population
6,120
Median Household Income
$128,378
Median Home Value
$512,000
Median Rent
$2,062

Quick Facts & Insights

Key metrics and how they compare

Household Income
$128,378
101.4% above state median
Home Value
$512,000
103.5% above state median
Rent
$2,062
100% above state median
Median Age
32.3 years

Data Sources & Accuracy

U.S. Census Bureau:Population, age, income, education, employment, and housing characteristics are from the American Community Survey (ACS) 5-Year Estimates (2018–2022 release).
Zillow (ZHVI):Typical home values reflect the Zillow Home Value Index (smoothed, seasonally adjusted), published monthly.

Estimates carry a margin of error and describe the ZIP-code area as a whole, not any individual property or block. See our methodology and data sources for details, or report a problem on our corrections page.

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Location Map

Minneapolis, MN 55415

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Demographics Overview

Population statistics from the U.S. Census Bureau (ACS 5-year estimates)

Key Demographic Insightsfor Minneapolis, MN

Median household income is 101% below state average, suggesting more affordable cost of living.

High education levels with 69.1% holding bachelor's degrees or higher, well above national average of 33%.

Young population with median age of 32.3 years, attracting young professionals and families.

Unemployment rate of 7.8% is above national average, indicating economic challenges.

High remote work adoption with 32.9% working from home.

Insights are derived from US Census Bureau data and may not reflect recent changes.

Household Income Distribution

Local Median Income
$128,378
+70.8% vs US
vs State Median
+-101.4%
State: $-9,260,947
Income Distribution
30.8%
Under $50k
18.5%
Over $100k
Lower Income
Middle Income
Higher Income
Data from US Census Bureau ACS 5-Year Estimates

Age Distribution

Population by age group

Household Income Breakdown

Households by income bracket

Education Levels (Age 25+)

Highest education attained

Race & Ethnicity

Demographic composition

Households & Employment

Household Types

Family composition breakdown

Average Household Size: 1.68 people

Total Households
2,658
Family Households
28.4%

Employment by Industry

Where residents work

#1 Industry
Finance
45.4%
#2 Industry
Education
25.8%
#3 Industry
Manufacturing
13.2%
Total Employed Residents:2,176

Commute Patterns

How residents get to work

Short Commute
0.0%
Under 10 minutes
Long Commute
0.6%
Over 60 minutes
Work From Home
32.9%
786 workers
Public Transit
7.2%
172 workers
Total Commuting Workers:2,392
Commute Insights
High remote work adoption (32.9% work from home)

Labor Force Statistics

Employment Rate
92.2%
3,347 employed
Labor Force
3,642
284 unemployed
Median Age
32.3 years
Per Capita Income
$76,849
Poverty Rate
13.8%

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