Is Minneapolis, Minnesota a Good Place To Live? - Living In Minneapolis, MN

Is Minneapolis, Minnesota a good place to live?
Minneapolis is a city in Minnesota state in USA with a population of 424536 residents.. The poverty rate of Minneapolis is 18.3%, which is 31% higher than national average. The typical household in Minneapolis earns $66068 a year, compared to the national median of $67,500. Nearly 39% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Minneapolis, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Minneapolis remained 5.2%, which is 11% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Minneapolis, only 52% of adults have a bachelor's degree and 24% have some college but no degree.

Cost of living in Minneapolis is 108, which is 8% higher than national average. Median home value in Minneapolis is $268100 , which is 17% higher than national average. While median income in Minneapolis remained $66068, which is 2% lower than national average.
Population
424536
Unemployment
5.2%
11% NAT AVG.
Poverty
18.3%
31% NAT AVG.
Overall Score
7
Median Home Cost
$268100
17% NAT AVG.
Median Income
$66068
2% NAT AVG.
Median Rent
$1078
7% NAT AVG.
Cost Of Living
108
8% NAT AVG.
People Living BPL
1 in 5
Unemployed People
1 in 19
People Earning < $10,000
1 in 14
People Earning < $50,000
39%
People with <= High School
1 in 4.2
People With Any Degree
1 in 1.7
Pros & Cons Overview

Jobs80%

Housing85%

Affordability60%

Safety30%

Amenities100%

Diversity90%

Education85%

Commute80%