Hennepin County MN Information

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Hennepin County Subdivisions

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  1. Hennepin County 2019 Demographic Data
  2. Growth Rates forHennepin County (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Minnesota Research Tools (Easy Tools & Current Data)
  3. Minnesota Data Comparison Tool - 2019 Demographics

Hennepin County MN Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Hennepin County MN Housing Affordability Index is 120
State of Minnesota Housing Affordability Index is 135
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Hennepin County MN Wealth Index is 136
State of Minnesota Wealth Index is 112
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

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POPULATION

Total Population 1,263,710
Population in Households 1,238,057
Population in Familes 908,153
Population in Group Qrtrs 25,653
Population Density 2,283
Diversity Index1 55
 

INCOME

Median Household Income $77,509
Average Household Income $109,869
Per Capita Income $44,993
Wealth Index3 136

HOUSING

Total Housing Units 549,956 (100%)
Owner Occupied HU 324,544 (59.0%)
Renter Occupied HU 192,153 (34.9%)
Vacant Housing Units 33,259 ( 6.0%)
Median Home Value $290,823
Housing Affordability Index2 120
 

HOUSEHOLDS

Total Households 516,697
Average Household Size 2.4
Family Households 292,631
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 1.0% 1.0%
Households 0.89% 0.94%
Families 0.76% 0.85%
Median Household Income   2.98%
Per Capita Income   2.73%

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Hennepin County MN - Peer Comparisons by Rank and Percentile

The table below compares Hennepin County to the other 87 counties and county equivalents in Minnesota by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 1 100th
Population Density # 2 99th
Diversity Index # 5 95th
Median Household Income # 10 90th
Per Capita Income # 3 98th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.

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