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The median value of a home in Minneapolis, MN 55450 is $387,500 with an appreciation rate of 7.10%. 100.00% of housing in the state is owned while 0.00% is rented.
The cost of living in Minneapolis, MN 55450 is 118.8 %.
The unemployment rate in Minneapolis, MN 55450 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 55450 is 8.03%, while the income tax rate is 6.80% .
School expenditures in Minneapolis, MN 55450 are $19,300, and the school ratio is 16.1:1.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 7 degrees. The average rainfall is approximately 31.7 inches per year, with 52.6 inches of snow per year.