Moving to
Minneapolis.

All Minneapolis data Compare Minneapolis

427,246people live here $80,846median household incomeNear US average $1,371median rent per monthNear US average $362,200median home valueNear US average

What it's like to live in Minneapolis

Minneapolis is a large city in Minnesota with unemployment below the national average, commutes that run shorter than most cities, a highly educated workforce, and hospitals with strong quality ratings. Those factors carry real weight for anyone weighing where to move next.

The tradeoffs are worth naming plainly. Minneapolis deals with crime rates above the national average, air quality that falls short of national benchmarks, cold, harsh winters, and snowy winters.

The good

Low unemployment
Short commutes
Highly educated workforce
Strong hospital ratings
Low student-teacher ratio

The not so good

Crime above national average
Air quality concerns
Cold, harsh winters
Snowy winters — 40" per year

How Minneapolis compares

Median household income

Minneapolis$80,846

Minnesota avg$89,062

US$80,734

Median rent (per month)

Minneapolis$1,371

Minnesota avg$1,280

US$1,413

Median home value

Minneapolis$362,200

Minnesota avg$329,300

US$332,700

What it takes to move to Minneapolis

Based on Minneapolis's median rent, home value and household income

To rent

$2,742

up front: first month plus a typical one-month deposit

Income to keep rent under 30%: $54,840 a year
46% of Minneapolis renters spend 30% or more of their income on rent

To buy

$72,440

a 20% down payment on the median home

With 10% down: $36,220
Homes cost 4.5× the typical local household income (US: 4.1×)

Moving costs, closing costs and taxes not included.

The details

Cost of livingNear US average

$1,371/mo median rent

Rent is pretty middle of the road, at $1,371 a month median. Not a bargain, not a budget-buster. About typical for a city this size. Home prices run above average, with a median around $362,200. Buyers should expect to stretch their budget here.

Median home value $362,200 · 46% of renters cost-burdened

Job market▼ 14% below US

3.7% unemployment

Unemployment here is 3.7%, a little below the national average of 4.3%.

City-level (BLS)

Safety▲ 205% above US

1004 violent crimes per 100k

Crime is a real factor here, with violent rates significantly above the national average. That doesn't make the whole city a write-off, but it does mean specific neighborhoods deserve real research before signing a lease.

Property crime 4518/100k · Minneapolis Police Department · 2025 data

Getting around▼ 15% below US

22 min average commute

Commutes are reasonable, averaging 22 minutes. Nothing heroic, and there's still time left over for a life after work. 6 in 10 workers drive to work; 7% take public transit; 26% work from home.

How workers get to work

Drive alone

52%

Work from home

26%

Public transit

6.8%

Carpool

5.9%

Walk

5.8%

Other

3.5%

Climate

Summers are warm, with highs around 81°F, and winters are cold and harsh, with lows dropping to 12°F.

Average month

High °FLow °FPrecip (in)

30-year averages, 1991–2020

Healthcare

5 hospitals

There are 5 Medicare-certified hospitals inside city limits. They average 4.0 out of 5 on Medicare's star rating.

Medicare-certified hospitals

Education & workforce▲ 54% above US

56% bachelor's degree or higher

This is a highly educated city, with over half the adult population holding a college degree. That tends to shape the job market and the broader culture, and it's a solid indicator of a strong professional scene.

Schools

158 public schools inside the boundary

There are 158 public schools inside the boundary and 17 private schools. The student-to-teacher ratio is 14:1, well below the national average of 16:1. Smaller class sizes are generally a positive sign for a district.

Parks & recreation

The nearest national park or historic site is Mississippi National River & Recreation Area (8 miles away). There are 2 national parks and sites within a day's drive.

Bottom line

Minneapolis's strongest points are unemployment below the national average and commutes that run shorter than most cities; the main tradeoffs are crime rates above the national average and air quality that falls short of national benchmarks. A year of median rent ($1,371/mo) equals 20% of the median household income here, about the same as the 21% typical nationwide. It tends to suit remote workers (26% of workers here already work from home) and college-educated professionals. It may be a harder fit for anyone who dislikes long, cold winters.

See all the data for Minneapolis →·All Minnesota cities →