Pros and Cons of Living In Minneapolis, Minnesota. Is Minneapolis, MN a Nice Place To Live or Retire?

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Minneapolis, Minnesota

Moving to Minneapolis In Minnesota ? Is Minneapolis, MN a Nice Place To Live? Pros and Cons of Living in Minneapolis, Minnesota. Find out the best and worst about to live, raise a family or retire in Minneapolis.

DEMOGRAPHICS

Population
424536
Unemployment
5.2%
11% NAT AVG.
Poverty
18.3%
31% NAT AVG.
Cost Of Living
108
8% NAT AVG.

ECONOMICS

Median Home Cost
$268100
17% NAT AVG.
Median Income
$66068
2% NAT AVG.
Median Rent
$1078
7% NAT AVG.
Overall Score
7

CRIME REPORT

Total Crime
24858
144% NAT. AVG.
138% STATE AVG.
Violent Crime
5025
198% NAT. AVG.
316% STATE AVG.
Property Crime
19833
133% NAT. AVG.
115% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 5
Unemployed People
1 in 19
People Earning < $10,000
1 in 14
People Earning < $50,000
39%
People With Any Degree
1 in 1.7

ETHNICITY

Ethnicity Minneapolis USA
White 59.7% 60.1%
African American 18.6% 12.2%
American Indian 1.1% 0.6%
Asian 5.9% 5.6%
Hawaiian 0% 0.2%
Multiracial 4.5% 2.8%
Hispanic 9.6% 18.2%
Other 0.6% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Minneapolis USA
Less than $10,000 7.4% 5.8%
$10,000 to $14,999 5.1% 4.1%
$15,000 to $24,999 7.7% 8.5%
$25,000 to $34,999 7.5% 8.6%
$35,000 to $49,999 11.3% 12.0%
$50,000 to $74,999 16.3% 17.2%
$75,000 to $99,999 12.4% 12.8%
$100,000 to $149,999 15.4% 15.6%
$150,000 to $199,999 7.5% 7.1%

EDUCATION

Education Minneapolis USA
< 9th Grade 4% 5.0%
9-12th Grade 5% 7.0%
High School or GED 15% 27.0%
Other College 17% 20.0%
Associate's Degree 7% 9%
Bachelor's Degree 32% 20.0%
Master's Degree 14% 9.0%
Professional Degree 4% 2.0%
Doctorate Degree 2% 1.0%
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. 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.

Cost of living in Minneapolis is 108, which is 8% higher than national average. In Minneapolis, only 52% of adults have a bachelor's degree and 24% have some college but no degree. 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.
Minneapolis Scorecard

Jobs80%

Housing85%

Affordability60%

Safety30%

Amenities100%

Diversity90%

Education85%

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