Minneapolis, MN in figures

A profile of Minneapolis, MN from official statistics: 11 figures in 3 sections, each with its period, its change from a year earlier, its rank among similar places where a ranking exists, and its source.

Figures last updated on 2026-10-12.

People
Work and income
Prices and housing
Sources and citations

People

Population in Minneapolis, MN was 430,324 in 2025, up less than 0.1% from 2024, and the highest of 103 cities in Minnesota.

Population430,3242025Up less than 0.1% from 2024The highest of 103 cities in Minnesota

Median age33.4 years2024Up 0.4 years from 2023The 8th lowest of 103 cities in Minnesota

Foreign-born population share13.7%2024Down 0.4 percentage points from 2023The 22nd highest of 103 cities in Minnesota

Bachelor's degree or higher, population 25 and over55.5%2024Up 1.1 percentage points from 2023

Population, 2020 to 2025. persons. Source: U.S. Census Bureau, Annual estimates of the resident population for incorporated places, 1 July (Population Estimates Program, subcounty totals).

Sources: U.S. Census Bureau, Annual estimates of the resident population for incorporated places, 1 July (Population Estimates Program, subcounty totals); U.S. Census Bureau, American Community Survey 5-year estimates, table B01002: median age, total population, US cities (incorporated places of 10,000 or more); U.S. Census Bureau, American Community Survey 5-year estimates, table B05002: foreign-born population as a percentage of the total population, calculated with stored inputs, US cities (incorporated places of 10,000 or more); U.S. Census Bureau, American Community Survey 5-year estimates, table B15003: population 25 years and over with a bachelor's degree or higher as a percentage of the population 25 years and over, calculated with stored inputs, US cities (incorporated places of 10,000 or more). Population and demography statistics and rankings

Work and income

Unemployment rate in Minneapolis, MN was 4.6% (provisional) in August 2026, up 0.6 percentage points from August 2025, and tied for the 19th lowest of 45 cities in Minnesota.

Unemployment rate4.6%August 2026, provisionalUp 0.6 percentage points from August 2025Tied for the 19th lowest of 45 cities in Minnesota

Median household income$80,8462024Up 0.7% from 2023The 39th lowest of 103 cities in Minnesota

Gini index49.52024Up 0.9 points from 2023The 4th highest of 103 cities in Minnesota

Unemployment rate, July 2021 to August 2026. %. Source: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics, cities and towns, not seasonally adjusted: unemployment rate (measure 03).

Sources: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics, cities and towns, not seasonally adjusted: unemployment rate (measure 03); U.S. Census Bureau, American Community Survey 5-year estimates, table B19013: median household income in the past 12 months, US cities (incorporated places of 10,000 or more); U.S. Census Bureau, American Community Survey 5-year estimates, table B19083: Gini index of household income inequality (coefficient multiplied by 100), US cities (incorporated places of 10,000 or more). Labor market statistics and rankings

Prices and housing

Median home value in Minneapolis, MN was $362,200 in 2024, up 4.8% from 2023, and the 42nd highest of 103 cities in Minnesota.

Median home value$362,2002024Up 4.8% from 2023The 42nd highest of 103 cities in Minnesota

Median gross rent (monthly)$1,3712024Up 3.2% from 2023The 49th lowest of 103 cities in Minnesota

Homeownership rate (US, housing units)47.7%2024Down 0.3 percentage points from 2023The 3rd lowest of 103 cities in Minnesota

Housing units authorized by building permits4122025, estimatedDown 8.8% from 2024

Median home value, 2021 to 2024. USD. Source: U.S. Census Bureau, American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units, US cities (incorporated places of 10,000 or more).

Sources: U.S. Census Bureau, American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units, US cities (incorporated places of 10,000 or more); U.S. Census Bureau, American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent, US cities (incorporated places of 10,000 or more); U.S. Census Bureau, American Community Survey 5-year estimates, table B25003: owner-occupied housing units as a percentage of occupied housing units, calculated with stored inputs, US cities (incorporated places of 10,000 or more); U.S. Census Bureau, Building Permits Survey: final annual estimates of new privately owned housing units authorized by permit-issuing place, including imputation. Housing statistics and rankings

Sources and citations

Each figure comes from the table cited here. Cite the publisher; these citations include any notice the publisher requires.

U.S. Census Bureau. Annual estimates of the resident population for incorporated places, 1 July (Population Estimates Program, subcounty totals). https://www2.census.gov/programs-surveys/popest/datasets/2020-2025/. Retrieved 2026-10-12.
U.S. Census Bureau. American Community Survey 5-year estimates, table B01002: median age, total population, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b01002.dat. Retrieved 2026-10-12.
U.S. Census Bureau. American Community Survey 5-year estimates, table B05002: foreign-born population as a percentage of the total population, calculated with stored inputs, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b05002.dat. Retrieved 2026-10-12.
U.S. Census Bureau. American Community Survey 5-year estimates, table B15003: population 25 years and over with a bachelor's degree or higher as a percentage of the population 25 years and over, calculated with stored inputs, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b15003.dat. Retrieved 2026-10-12.
U.S. Bureau of Labor Statistics. Local Area Unemployment Statistics, cities and towns, not seasonally adjusted: unemployment rate (measure 03). https://download.bls.gov/pub/time.series/la/la.data.0.CurrentU25-29. Retrieved 2026-10-12.
U.S. Census Bureau. American Community Survey 5-year estimates, table B19013: median household income in the past 12 months, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b19013.dat. Retrieved 2026-10-12.
U.S. Census Bureau. American Community Survey 5-year estimates, table B19083: Gini index of household income inequality (coefficient multiplied by 100), US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b19083.dat. Retrieved 2026-10-12.
U.S. Census Bureau. American Community Survey 5-year estimates, table B25077: median value (dollars), owner-occupied housing units, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25077.dat. Retrieved 2026-10-12.
U.S. Census Bureau. American Community Survey 5-year estimates, table B25064: median gross rent (dollars), renter-occupied housing units paying cash rent, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25064.dat. Retrieved 2026-10-12.
U.S. Census Bureau. American Community Survey 5-year estimates, table B25003: owner-occupied housing units as a percentage of occupied housing units, calculated with stored inputs, US cities (incorporated places of 10,000 or more). https://www2.census.gov/programs-surveys/acs/summary_file/2024/table-based-SF/data/5YRData/acsdt5y2024-b25003.dat. Retrieved 2026-10-12.
U.S. Census Bureau. Building Permits Survey: final annual estimates of new privately owned housing units authorized by permit-issuing place, including imputation. https://www2.census.gov/econ/bps/Place/Midwest%20Region/mw2025a.txt. Retrieved 2026-10-12.

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