Minneapolis, MN 55408 has a population of approximately 31,313 and experiences a population change rate of 2.45%. The population density is 11,516.4 / sq mi .
Minneapolis, MN 55408 has a population of approximately 31,313 and experiences a population change rate of 2.45%. The population density is 11,516.4 / sq mi .
The median household income for Minneapolis, MN 55408 is $64,911, with 15,990 households and an average household size of 1.95.
The median value of a home in Minneapolis, MN 55408 is $311,700 with an appreciation rate of 7.10%. 21.93% of housing in the state is owned while 71.92% is rented.
The cost of living in Minneapolis, MN 55408 is 120.9 %.
The unemployment rate in Minneapolis, MN 55408 is 2.50%, and recent job growth is at 0.59%. Future job growth is projected at 32.19%.
The sales tax rate in Minneapolis, MN 55408 is 8.03%, while the income tax rate is 6.80% .
School expenditures in Minneapolis, MN 55408 are $19,300, and the school ratio is 16.1:1.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 7.2 degrees. The average rainfall is approximately 31.1 inches per year, with 52.6 inches of snow per year.