Minneapolis MN
Minnesota · Pop. 427,246
Minneapolis, MN: median household income of $80,846, median rent of $1,371/mo, 6.0% unemployment. Our verdict: It Depends.
Score Breakdown
Key Metrics
Median Income
$80,846
per year
Median Rent
$1,371
per month
Median Home
$362k
home value
Unemployment
6.0%
of labor force
Poverty Rate
16.0%
below poverty line
Avg. Commute
22 min
one way
City Reality Check balanced
"Minneapolis, MN Reality Check"
In Minneapolis, the rent-to-income burden runs around 20% — refreshingly manageable by national standards. Median income sits at $80,846 and median rent is $1,371/month. 46% of renters are cost-burdened (30%+ of income on housing). Landlords are winning; everyone else is treading water. Median home value: $362,200 — that's 4.5× the median income. 56% of adults hold a bachelor's degree or higher — a highly educated workforce that drives (and inflates) this local economy. Employment picture: 5.95% unemployment — a average employment landscape. Poverty rate: 16.0%. Average commute: 22 minutes — acceptable. Violent crime: 96.6/100k avg monthly rate (20015 reported); Property crime: 389.8/100k avg monthly rate (80657 reported). Minneapolis was founded in 1850 — that's 176 years of history baked into the streets. The city covers 57.5 sq miles at 7,434 people/sq mile — moderately dense. Elevation: 866 ft — modest elevation. Minneapolis has 12 sister cities — cosmopolitan on paper, at least. RoastMyCity overall score: 67/100 — It Depends.
Local Context
Safety
/100Violent crime: 96.6/100k avg monthly rate (20015 reported); Property crime: 389.8/100k avg monthly rate (80657 reported).