Minneapolis, MN cityscape

55454

Minneapolis, MN

Total Population
8,892
Median Household Income
$24,660
Median Home Value
$150,700
Median Rent
$768

Quick Facts & Insights

Key metrics and how they compare

Household Income
$24,660
100.3% above state median
Home Value
$150,700
101% above state median
Rent
$768
100% above state median
Median Age
24.4 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 55454

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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 100% below state average, suggesting more affordable cost of living.

Young population with median age of 24.4 years, attracting young professionals and families.

Unemployment rate of 18.2% is above national average, indicating economic challenges.

High remote work adoption with 26.3% working from home.

Poverty rate of 45.2% is above national average of 11.5%.

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

Household Income Distribution

Local Median Income
$24,660
-67.2% vs US
vs State Median
+-100.3%
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: 2.16 people

Total Households
3,611
Family Households
10.5%

Employment by Industry

Where residents work

#1 Industry
Education
49.1%
#2 Industry
Finance
19.5%
#3 Industry
Manufacturing
12.8%
Total Employed Residents:1,705

Commute Patterns

How residents get to work

Short Commute
4.2%
Under 10 minutes
Long Commute
2.0%
Over 60 minutes
Work From Home
26.3%
674 workers
Public Transit
15.4%
395 workers
Total Commuting Workers:2,566
Commute Insights
High remote work adoption (26.3% work from home)
Good public transit usage (15.4% of workers)

Labor Force Statistics

Employment Rate
81.8%
3,153 employed
Labor Force
3,854
701 unemployed
Median Age
24.4 years
Per Capita Income
$15,084
Poverty Rate
45.2%

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