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Population Review

Census ACS · #16 MSA

Minneapolis Metro Area

The Minneapolis-St. Paul-Bloomington, Mn-Wi Metropolitan Statistical Area has 3,693,351 residents across 2 states. The median household income is $98,180 and the median home value is $354,400.

3,693,351

Population

524

People / sq mi

$98,180

Median Income

$354,400

Median Home Value

The Minneapolis CBSA covers 7,048 sq mi of land at 524.1 people per square mile.

Race & Ethnicity

White73.8%
Black or African American8.9%
Asian0.0%
Hispanic or Latino (any race)1.7%

Economy & Income

$98,180

Median Household Income

$51,500

Per Capita Income

4.9%

Poverty Rate

2.7%

Unemployment

Cost of Living

The Minneapolis metro's price level is 104.8 on the BEA Regional Price Parity index (US average = 100), meaning prices are 4.8% higher the US average. The local median income of $98,180 has the buying power of $93,664 in average-priced US metros.

104.8

Price Level (US = 100)

$93,664

COL-Adjusted Median Income

$98,180

Nominal Median Income

Housing

$354,400

Median Home Value

$1,396

Median Rent

70.9%

Homeownership

Education

94.2%

High School+

44.9%

Bachelor's+

Commute

2.6%

Drive Alone

19.0%

Work From Home

24.5 min

Avg Commute

24.9%

Foreign Born

Minneapolis spans these states

Nearby metros

Largest cities in Wisconsin

Largest counties in Wisconsin

Part of Wisconsin

Other metros

Metro areas in Wisconsin

Metro rankings

Frequently Asked Questions

The Minneapolis-St. Paul-Bloomington, Mn-Wi Metropolitan Statistical Area has a population of 3,693,351 according to Census ACS 5-Year estimates, making it the #16 largest CBSA in the US.

The median household income in the Minneapolis metro area is $98,180, with a per capita income of $51,500.

The Minneapolis-St. Paul-Bloomington, Mn-Wi CBSA spans 2 states: Wisconsin, Minnesota.

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Data for the Minneapolis-St. Paul-Bloomington, Mn-Wi CBSA (33460) from the American Community Survey 5-Year estimates. Core-Based Statistical Areas combine cities, suburbs, and surrounding counties tied together by commuting patterns.

What sets Minneapolis apart is money: median household income runs $98,180, above the US median of $78,538. Minneapolis is a metro area in MN, WI with a population of 3,693,351.

Income is a real outlier — the median household pulls in $98,180, putting Minneapolis near the top of US metro areas. Hardship is rare relative to US metro areas: a poverty rate of just 4.9%, below the national 12.4%. The median home value is $354,400, with typical rent around $1,396.

Minneapolis is among the best-educated US metro areas: 44.9% of adults 25 and older hold a bachelor’s degree, above the national 35.0%.

Taken together, the income and housing figures place Minneapolis firmly in the higher-cost, higher-earning tier of US metro areas — a profile that tends to track dense job markets and competitive housing.

Source: U.S. Census Bureau ACS, 2026.