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Minneapolis, MN&

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0.66% growth
Median Age
Median Household Income
3.09% growth
Poverty Rate
Number of Employees
0.87% decline
Median Property Value
3.38% growth

About the photo: Stone Arch Bridge


The economy of Minneapolis, MN employs 236,140 people. The economy of Minneapolis, MN is specialized in Management of Companies & Enterprises; Arts, Entertainment, Recreation; and Educational Services, which employ respectively 3.96; 1.58; and 1.29 times more people than what would be expected in a location of this size. The largest industries in Minneapolis, MN are Healthcare & Social Assistance (33,555), Educational Services (27,508), and Retail trade (24,013), and the highest paying industries are Management of Companies & Enterprises ($73,984), Mining, Quarrying, Oil, Gas Extraction ($70,833), and Finance & Insurance ($58,837).

Median household income in Minneapolis, MN is $56,255. Males in Minneapolis, MN have an average income that is 1.26 times higher than the average income of females, which is $53,570. The income inequality of Minneapolis, MN (measured using the Gini index) is 0.461 which is lower than the national average.


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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Minneapolis, MN. In Hennepin County, MN the age groups most likely to have health care coverage are 25-34 and 25-34, men and women, respectively. The location has a 1 to 117 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $7,947. Beltrami County, MN has the highest prevalence of homicides of any county in Minnesota.


Clinician to Patient Rates

The closest comparable data for the census place of Minneapolis, MN is from the county of Hennepin County, MN.

Insurance Coverage by Age and Gender

Medicare Enrollment and Reimbursements by Location

Trends in Medicare Enrollment and Reimbursements

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Minneapolis, MN is home to a population of 413,645 people, from which 91.9% are citizens. The ethnic composition of the population of Minneapolis, MN is composed of 253,018 White residents (61.2%), 73,553 Black residents (17.8%), 36,435 Hispanic residents (8.81%), 27,303 Asian residents (6.6%), and 18,124 Two+ residents (4.38%). The most common foreign languages in Minneapolis, MN are Spanish (30,779 speakers), African Languages (19,234 speakers), and Hmong (7,729 speakers), but compared to other places, Minneapolis, MN has a relative high number of Hmong (7,729 speakers), African Languages (19,234 speakers), and Laotian (830 speakers).


Age by Nativity


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In 2015 universities in Minneapolis, MN awarded 37,033 degrees. The student population of Minneapolis, MN is skewed towards females, with 12,439 male students and 24,594 female students. Most students in Minneapolis, MN are White (21,047 and 56.8%), followed by Black or African American (6,684 and 18%), Unknown (2,629 and 7.1%), and Hispanic or Latino (1,711 and 4.62%). The largest universities in Minneapolis, MN by number of graduates are University of Minnesota-Twin Cities (13,996 and 37.8%), Walden University (11,390 and 30.8%), and Capella University (7,034 and 19%). The most popular majors in Minneapolis, MN are Registered Nursing (3,089 and 8.34%), General Business Administration & Management (1,409 and 3.8%), and General Education (1,397 and 3.77%). The median tuition costs in Minneapolis, MN are $35,750 for private four year colleges, and $12,546 and $22,210 respectively, for public four year colleges for in-state students and out-of-state students.



Student Gender for Common Institutions

Student Race & Ethnicity

Housing & Living

The median property value in Minneapolis, MN is $235,200, which is 1.15 times larger than the national average of $205,000. Between 2015 and 2016 the median property value increased from $227,500 to $235,200, a 3.38% increase. The homeownership rate of Minneapolis, MN is 46.7%, which is lower than the national average of 63.1%. People in Minneapolis, MN have an average commute time of 21 minutes, and they commute by Drove Alone. Car ownership in Minneapolis, MN is approximately the same as the national average, with an average of 2 cars per household.


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Keep Exploring

United States
Hennepin County, MN
Minneapolis-St. Paul-Bloomington, MN-WI Metro Area
metropolitan statistical area
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