MINNEAPOLIS, MN  55420

Total Population: 24,008

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Median Home Value

$306,600

Owner-occupied units

Median Household Income

$77,539

Across all households

Median Age

38.8 yrs

Across all residents

Bachelor's Degree+

31.5%

Adults 25 and older

Nearby ZIP Codes

Demographics

14 fields

Racial & Ethnic Composition

White (Non-Hispanic)52.5%
Hispanic or Latino18.1%
Black (Non-Hispanic)17.3%
Asian (Non-Hispanic)4.8%
Two or More Races4.0%
Other Race2.6%
Am. Indian / Alaska Native0.6%

Under 18 Years

22.6%

65 Years and Over

16.4%

Male

50.6%

Female

49.4%

U.S. Citizens (18+)

91.2%

No Health Insurance

7.5%

Education

3 fields

High School Graduate or Higher (25+)

86.3%

Bachelor's Degree or Higher (25+)

31.5%

Enrolled in College (18+)

7.8%

Economics

6 fields

Median Household Income

$77,539

Mean Household Income

$97,658

Per Capita Income

$39,087

Unemployment Rate (16+)

5.8%

In Labor Force (19–64)

83.1%

SNAP / Food Stamps

11.1%

Housing & Households

13 fields

Median Home Value

$306,600

Median Rent

$1,277/mo

Total Housing Units

9,638

Owner-Occupied

65.8%

Renter-Occupied

34.2%

Vacancy Rate

4.2%

Married Couple Households

42.4%

Cohabiting Couple Households

7.3%

Male Householder, No Partner

20.6%

Female Householder, No Partner

29.6%

Average Household Size

2.57

Broadband Internet Access

89.1%

Housing Built Since 2010

Source: U.S. Census Bureau, American Community Survey 2023 5-Year Estimates. ZCTA5 55420.