MINNEAPOLIS, MN  55418

Total Population: 31,295

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Median Home Value

$332,500

Owner-occupied units

Median Household Income

$95,630

Across all households

Median Age

37.5 yrs

Across all residents

Bachelor's Degree+

51.4%

Adults 25 and older

Nearby ZIP Codes

Demographics

14 fields

Racial & Ethnic Composition

White (Non-Hispanic)74.1%
Black (Non-Hispanic)9.5%
Hispanic or Latino7.9%
Two or More Races5.3%
Asian (Non-Hispanic)2.3%
Other Race0.5%
Am. Indian / Alaska Native0.4%

Under 18 Years

19.7%

65 Years and Over

14.4%

Male

52.3%

Female

47.7%

U.S. Citizens (18+)

95.5%

No Health Insurance

4.1%

Education

3 fields

High School Graduate or Higher (25+)

92.9%

Bachelor's Degree or Higher (25+)

51.4%

Enrolled in College (18+)

6.5%

Economics

6 fields

Median Household Income

$95,630

Mean Household Income

$120,354

Per Capita Income

$54,168

Unemployment Rate (16+)

3.2%

In Labor Force (19–64)

87.5%

SNAP / Food Stamps

9.0%

Housing & Households

13 fields

Median Home Value

$332,500

Median Rent

$1,349/mo

Total Housing Units

14,859

Owner-Occupied

65.6%

Renter-Occupied

34.4%

Vacancy Rate

6.2%

Married Couple Households

39.3%

Cohabiting Couple Households

10.9%

Male Householder, No Partner

22.8%

Female Householder, No Partner

27.0%

Average Household Size

2.22

Broadband Internet Access

90.6%

Housing Built Since 2010

3.4%

Source: U.S. Census Bureau, American Community Survey 2023 5-Year Estimates. ZCTA5 55418.