Minneapolis city, Minnesota Demographics & Population 2026
As of 2026, Minneapolis city, Minnesota has a total population of 426,845, the 1st largest city in Minnesota, with a median household income of $80,269, which is 8% lower than the state average. The poverty rate is 16.4%.
Key Takeaways
- Minneapolis city is the 1st largest city in Minnesota with a population of 426,845.
- 54.4% of adults hold a bachelor's degree or higher — top 10% in Minnesota.
Minneapolis city Quick Facts
How Minneapolis city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Minneapolis city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Hennepin County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Bloomington city | 88,838 | $90,677 | 9.1% | $346,200 |
| Brooklyn Park city | 84,349 | $85,964 | 10.3% | $313,500 |
| Plymouth city | 79,526 | $133,865 | 4.1% | $474,700 |
| Maple Grove city | 70,539 | $129,481 | 3.9% | $397,400 |
| Eden Prairie city | 63,249 | $127,732 | 6.0% | $463,300 |
| Minnetonka city | 53,256 | $120,496 | 4.8% | $456,200 |
| Edina city | 53,125 | $129,225 | 4.4% | $624,000 |
| St. Louis Park city | 49,541 | $100,250 | 7.3% | $371,600 |
| Richfield city | 36,725 | $84,055 | 7.3% | $320,400 |
| Brooklyn Center city | 32,811 | $72,009 | 11.5% | $261,100 |
Cities Similar to Minneapolis city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| St. Paul city | 307,762 | $73,055 | $280,300 | 43.5% | 15.8% |
| Rochester city | 121,638 | $87,767 | $287,500 | 50.1% | 9.0% |
| Bloomington city | 88,838 | $90,677 | $346,200 | 45.3% | 9.1% |
| Brooklyn Park city | 84,349 | $85,964 | $313,500 | 31.7% | 10.3% |
| Duluth city | 86,863 | $66,263 | $225,700 | 42.3% | 17.2% |
Population Overview
Minneapolis city is a major urban center located in Minnesota, within Hennepin County. The total population is 426,845. It ranks as the 1st most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Minneapolis city is 33.0 years. This is 15% lower than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Minneapolis city is $80,269. This is 8% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 2% higher. The poverty rate stands at 16.4%. This is 78% higher than the state poverty rate of 9.2%. The unemployment rate is 5.7%. This is 44% higher than the state rate of 3.9%. The median home value is $345,600. Housing costs are 13% higher than the state median of $305,500. The home-value-to-income ratio is 4.3x. 48.0% of occupied housing units are owner-occupied. This homeownership rate is 34% lower than the state average of 72.4%.
Race & Ethnicity
The largest racial or ethnic group in Minneapolis city is White (non-Hispanic), making up 59.6% of the population. Black or African American residents account for 18.1%. The Black or African American population is significantly higher than the state average (18.1% vs 6.7%). The Hispanic or Latino population is significantly higher than the state average (10.5% vs 6.2%).
Education
54.4% of residents aged 25 and older hold a bachelor's degree or higher. This places Minneapolis city in the top 10% of all cities in the state for educational attainment. This is 40% higher than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.1%. Notably, 21.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Minneapolis city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Minneapolis city, Minnesota?
Minneapolis city, Minnesota has a population of 426,845 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Minneapolis city, MN?
The median household income in Minneapolis city is $80,269, which is 2% higher the national median of $78,538.
What is the poverty rate in Minneapolis city, MN?
The poverty rate in Minneapolis city is 16.4%. This means approximately 67,226 residents live below the federal poverty line.
What is the racial makeup of Minneapolis city, Minnesota?
Minneapolis city's population is 59.6% White, 18.1% Black, 10.5% Hispanic/Latino, and 5.2% Asian.
What is the median home value in Minneapolis city, MN?
The median home value in Minneapolis city is $345,600. The home-value-to-income ratio is 4.3x.
How educated is Minneapolis city, Minnesota?
54.4% of adults (25+) in Minneapolis city hold a bachelor's degree or higher, and 21.7% hold a graduate or professional degree.