MINNEAPOLIS, MN  55416

Total Population: 34,905

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Median Home Value

$457,300

Owner-occupied units

Median Household Income

$105,926

Across all households

Median Age

35.8 yrs

Across all residents

Bachelor's Degree+

73.2%

Adults 25 and older

Nearby ZIP Codes

Demographics

14 fields

Racial & Ethnic Composition

White (Non-Hispanic)78.8%
Hispanic or Latino7.6%
Black (Non-Hispanic)4.9%
Two or More Races4.9%
Asian (Non-Hispanic)3.6%
Other Race0.2%

Under 18 Years

16.4%

65 Years and Over

16.1%

Male

48.7%

Female

51.3%

U.S. Citizens (18+)

96.0%

No Health Insurance

2.9%

Education

3 fields

High School Graduate or Higher (25+)

97.8%

Bachelor's Degree or Higher (25+)

73.2%

Enrolled in College (18+)

5.4%

Economics

6 fields

Median Household Income

$105,926

Mean Household Income

$145,944

Per Capita Income

$74,673

Unemployment Rate (16+)

2.9%

In Labor Force (19–64)

89.6%

SNAP / Food Stamps

2.1%

Housing & Households

13 fields

Median Home Value

$457,300

Median Rent

$1,701/mo

Total Housing Units

19,197

Owner-Occupied

49.8%

Renter-Occupied

50.2%

Vacancy Rate

7.2%

Married Couple Households

34.0%

Cohabiting Couple Households

8.9%

Male Householder, No Partner

24.5%

Female Householder, No Partner

32.6%

Average Household Size

1.94

Broadband Internet Access

95.9%

Housing Built Since 2010

Source: U.S. Census Bureau, American Community Survey 2023 5-Year Estimates. ZCTA5 55416.