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The total population of Minneapolis is estimated to be 426,877 with 218,662 males (51.22%) and 208,215 females (48.78%). There are 10,447 less females than males in Minneapolis.
The median household income in Minneapolis was $75,771 in 2021, which marked an an increase of 907(1.21%) from $74,864 in 2020. This income is 101.56% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Minneapolis sees its highest median household income among householders in the age group of 25 to 44 years old, at $89,262. Overall, the median household income for the city of Minneapolis stands at $74,473.
In Minneapolis, the median income for all workers aged 15 years and older, regardless of work hours, was $46,816 for males and $37,962 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $72,235 for males and $67,833 for females.
In Minneapolis, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, White households have the highest median household income at $87,057, while Black or African American households represent the opposite end with the lowest median household income of $37,494.
In 2022, the population of Minneapolis was 425,096, a 0.11% increase year-by-year from 2021. Previously, in 2021, Minneapolis's population was 424,635, a decline of 1.40% compared to a population of 430,684 in 2020.
The median age in Minneapolis, MN is 32.7, as per 2021 ACS 5-Year Estimates. Of the total population, 16.91% were under the age of 15, 27.53% aged 15 to 29, 45.38% aged 30 to 64, 9.13% aged 65 to 84, and 1.05% were 85 years of age and older.
Racial distribution of Minneapolis population: 63.13% are White, 18.41% are Black or African American, 1.33% are American Indian and Alaska Native, 5.65% are Asian, 0.04% are Native Hawaiian and other Pacific Islander, 4.58% are some other race and 6.87% are multiracial.