Minneapolis, MN Profile: Facts & Data


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Minneapolis, Minnesota - Basic Facts

The City of Minneapolis is the largest city in Minnesota with a population of 424,175 as of July 1, 2020. Minneapolis ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Minnesota. See peer rankings below.

The primary coordinate point for Minneapolis is located at latitude 44.98 and longitude -93.2638 in Hennepin County. The formal boundaries for the City of Minneapolis encompass a land area of 54.01 sq. miles and a water area of 3.48 sq. miles. Hennepin County is in the Central time zone (GMT -6). The elevation is 830 feet.

The City of Minneapolis (GNIS ID: 2395345) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Minneapolis: City of Minneapolis, Gakaabikaang, Mineapolis.


Minneapolis, MN Data & Demographics (As of July 1, 2020)


Total Population 424,175 (100%)
Population in Households 405,504 (95.6%)
Population in Families 242,594 (57.2%)
Population in Group Quarters1 18,671 ( 4.4%)
Population Density 7,855
Diversity Index2 68


Median Household Income $61,050
Average Household Income $91,848
% of Income for Mortgage4 18%
Per Capita Income $39,393
Wealth Index5 88


Total HU (Housing Units) 196,934 (100%)
Owner Occupied HU 82,566 (41.9%)
Renter Occupied HU 98,518 (50.0%)
Vacant Housing Units 15,850 ( 8.0%)
Median Home Value $267,846
Average Home Value $329,736
Housing Affordability Index3 116


Total Households 181,084
Average Household Size 2.24
Family Households 76,865
Average Family Size 3
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. 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 races 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.
  3. 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.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. 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.


2010-2020 2020-2025
Population 1.01% 1.17%
Households 1.0% 1.26%
Families 0.64% 0.98%
Median Household Income   1.91%
Per Capita Income   2.33%
Owner Occupied HU   0.56%


Minneapolis, MN - Peer Comparisons by Rank and Percentile

The table below compares Minneapolis to the other 903 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2020 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 100th
Median Household Income # 415 54th
Housing Affordability Index # 168 19th
Per Capita Income # 124 86th
Diversity Index # 12 99th

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

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