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Minneapolis, MN cityscape

55429

Minneapolis, MN

Total Population

28,392

Median Household Income

$65,674

Median Home Value

$244,500

Median Rent

$1,215

Quick Facts & Insights

Key metrics and how they compare

Household Income

$65,674

100.7% above state median

Home Value

$244,500

101.7% above state median

Rent

$1,215

100% above state median

Median Age

32.7 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 55429

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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.

Young population with median age of 32.7 years, attracting young professionals and families.

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

Household Income Distribution

Local Median Income

$65,674

-12.6% vs US

vs State Median

+-100.7%

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: 2.74 people

Total Households

10,264

Family Households

35.4%

Employment by Industry

Where residents work

#1 Industry

Manufacturing

29.9%

#2 Industry

Education

25.6%

#3 Industry

Finance

18.7%

Total Employed Residents:8,950

Commute Patterns

How residents get to work

Short Commute

1.1%

Under 10 minutes

Long Commute

1.4%

Over 60 minutes

Work From Home

0.4%

47 workers

Public Transit

5.4%

696 workers

Total Commuting Workers:12,972

Commute Insights

Labor Force Statistics

Employment Rate

94.0%

14,597 employed

Labor Force

15,532

926 unemployed

Median Age

32.7 years

Per Capita Income

$31,076

Poverty Rate

9.7%

Nearby ZIP Codes

Explore surrounding areas

Income: $-666667k