Minneapolis, MN Census Data
The largest city in Minnesota by population · 19 cities ranked
Minneapolis is the largest city in Minnesota by population and ranks 16th of 19 for median household income. With 426,845 residents, its poverty rate of 16.4% ranks among the higher rates in Minnesota. This snapshot draws from the 2023 American Community Survey (ACS) 5-year estimates.
Updated: 2026-04-13 · Source: U.S. Census Bureau, ACS 2023
Population
426,845
51.2% male · 48.8% female
Median Age
33.0
5.7 below the national average (38.7 yrs)
Median Household Income
$80,269
$1,731 above the national average ($78,538)
Bachelor's Degree or Higher
54.5%
19.5% above the national average (35.0%)
HS diploma or higher: 91.1%
Poverty Rate
16.4%
4.0% above the national average (12.4%)
Uninsured: 5.9%
Broadband Access
96.6%
6.9% above the national average (89.7%)
Median Home Value
$345,600
Median rent: $1,329 · 48% owner-occupied
Unemployment Rate
5.7%
Labor force participation: 69.3%
Per Capita Income
$48,032
Individual average income (not household)
Veteran Population
3.5%
Disability rate: 11.6%
How Minneapolis Compares to Other Minnesota Cities
Rankings among all 19 Minnesota cities tracked in the 2023 ACS.
| Ranking | Position | Tier |
|---|---|---|
| Largest by Population | 1st of 19 | Top 10% |
| Highest Median Income | 16th of 19 | Bottom 25% |
| Lowest Poverty Rate | 17th of 19 | Bottom 25% |
| Highest Bachelor's Attainment | 7th of 19 | Top half |
| Highest Home Value | 11th of 19 | Bottom half |
Demographics
Race & Ethnicity
Age Distribution
Commute to Work
Minneapolis, MN Frequently Asked Questions
What is the population of Minneapolis, MN?
The population of Minneapolis, MN is 426,845 according to the 2023 American Community Survey 5-year estimates. The median age is 33.0 years.
What is the median household income in Minneapolis?
The median household income in Minneapolis, MN is $80,269, above the national average of $78,538. Per capita income is $48,032.
What is the poverty rate in Minneapolis?
The poverty rate in Minneapolis, MN is 16.4%, compared to the national average of 12.4%. About 5.9% of residents lack health insurance.
What percentage of Minneapolis residents have a college degree?
54.5% of adults (25+) in Minneapolis hold a bachelor's degree or higher, and 91.1% have at least a high school diploma. The national average for bachelor's degree holders is 35.0%.
What is the median home value in Minneapolis?
The median home value in Minneapolis, MN is $345,600. Median rent is $1,329 per month, with 48% of housing units owner-occupied.
What is the racial makeup of Minneapolis?
Minneapolis's population is 61.6% White, 18.3% Black, 10.5% Hispanic or Latino, and 5.2% Asian (source: 2023 ACS).
How does Minneapolis rank among Minnesota cities?
Minneapolis is the 1st largest city in Minnesota by population, the 16th highest for median household income, the 17th lowest for poverty rate, the 7th highest for bachelor's degree attainment among 19 ranked Minnesota cities.
What is the unemployment rate in Minneapolis?
The unemployment rate in Minneapolis, MN is 5.7%, with a labor force participation rate of 69.3%. Per capita income is $48,032.
Cities Similar to Minneapolis
Other Minnesota cities with comparable population and income levels.