Minneapolis is a city that effortlessly blends urban excitement with Midwestern charm. Imagine strolling along cobblestone streets with a Walk Score of 93, easily navigating to trendy restaurants, vibrant art galleries, and lush green parks. With a Transit Score of 88 and a Bike Score of 86, ditching the car is a breeze, saving you time and money. While the median home value of $295,000 is still below the national average, the city boasts an impressive Affordability Index of 95, making homeownership a realistic goal. Plus, the median rent of $2,088 is a steal for a city with such a high quality of life. The overall vibe is decidedly up-and-coming, attracting a diverse population drawn to its dynamic energy.
From an investment perspective, Minneapolis presents a compelling opportunity. The unemployment rate mirrors the national average at 3.7%, indicating a stable job market. While the homeownership rate sits at 30%, there's plenty of room for growth, especially with a median household income of $60,628. Though property crime is slightly above average at 23.3 per 1,000 residents, the violent crime rate is a reassuring 2.8 per 1,000 residents. Minneapolis is a fantastic choice for young professionals, families, and anyone seeking a balanced lifestyle where career, culture, and community thrive.
Minneapolis also excels in environmental quality, with an excellent air quality index of 21. The city's quiet atmosphere, combined with an electricity rate of 11.5¢/kWh, contributes to a comfortable and affordable living experience. While winters can be cold, residents embrace the season with a plethora of outdoor activities. Summer brings a vibrant energy, with festivals, concerts, and the beautiful Chain of Lakes. Minneapolis is a city that embraces its unique character, offering a blend of natural beauty and urban convenience that's hard to resist.
Median Home Value
$295,000
Median Income
$60,628
Population
429,954
Walk Score
93
Air Quality
AQI 21
Good
Climate Risk
Relatively High
- Population
- 429,954
- Median Age
- N/A
- Median Household Income
- $60,628
19% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- N/A
- Median Home Value
- $295,000
5% above nat'l avg
- Median Rent
- $2,088
80% above nat'l avg
- Homeownership Rate
- 30.0%
54% below nat'l avg
- Affordability Index
- 95
5% below nat'l avg
- Violent Crime Rate
- 2.8 per 1K
24% below nat'l avg
- Property Crime Rate
- 23.3 per 1K
33% above nat'l avg
- AQI
- 21
50% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively High
- Risk Score
- 94.3
Top Hazards
- Overall
- Quiet
- Road Traffic
- 0 dBA
100% below nat'l avg
- Aviation
- 0 dBA
100% below nat'l avg
- Rail
- 0 dBA
100% below nat'l avg
- Electricity Rate
- 11.5¢/kWh
31% below nat'l avg
- Est. Monthly Electric
- $103
25% below nat'l avg
- Unemployment Rate
- 3.7%
Near nat'l avg
- Poverty Rate
- N/A
Weather & Climate in Minneapolis
Avg High
56°F
Avg Low
38°F
Annual Rainfall
37.4"
Avg Humidity
70%
Political Landscape
→ Politically stable
Based on Hennepin County county-level presidential election data
Culture & Things to Do in Minneapolis
Minneapolis Aquatennial
A multi-day festival featuring parades, fireworks, and water-related events.
Minnesota State Fair
One of the largest state fairs in the US, with food, rides, and agricultural exhibits.
Twin Cities Pride Festival
A celebration of the LGBTQ+ community with a parade, music, and vendors.
Holidazzle
A holiday festival with lights, vendors, and entertainment in Loring Park.