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Minneapolis Minnesota Real Estate By Jennifer Hershey

Minneapolis Minnesota Real Estate

Minneapolis, Minnesota, is located in Ramsey County, of , and 297 miles NW of Milwaukee, Wisconsin. Minneapolis has a population of 382,618.

Minneapolis Homes

Minneapolis properties pool is 162,363 residential properties including Minneapolis new homes. Median age of real estate in Minneapolis is 1939. Average Household size is 3.15 people. 8% are one bedroom homes, 33% are 2 bedroom homes, 41% are 3 bedroom homes, 14% are 4 bedroom homes, and 3% are 5+ bedroom homes.

Minneapolis Mortgage Statistics

Minneapolis mortgages vs. USA median statistics

Homes Minneapolis USA
Homes With No Mortgage 21%
30%
Homes With Mortgage 79%
70%
First Mortgage Only 59%
54%
First & Second Mortgage or HELOC 19%
16%

Minneapolis Area Real Estate Tax

Minneapolis Real estate Tax: Median Real Estate Taxes (2000) were $1,255 comparing to 1999 Median Family income $ 48,602. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Minneapolis School District: Children make up 22% of Minneapolis population. Minneapolis has 84,169 under 18 years old residents, or 0.41 kids per one worker, or 0.52 kids per one household.

Minneapolis Real Estate & Minneapolis Homeownership

There are 64945.2 or 40% one person households, 48708.9 or 30% two person households, and 19483.56 or 12% three person households in Minneapolis, Minnesota. Median residents age is 31.2, Senior citizens (65+) make up 34,878 or 9.1%% of Minneapolis population.

There are 203,951 workers (over 16 years of age) in Minneapolis. Of these, 72.92% drive to work. Approximately 14.55% of workers in Minneapolis take public transportation. An estimated 6.61% walk to work.

Median Minneapolis homeowner's housing expences are 18.8%

Crime in Minneapolis (2003), crimes per 10,000 residents per year

Type of Crime Minneapolis USA, 2003
Violent Crimes
118.06
47.5
Robberies
57.29
14.2
Aggravated Assaults
49.53
29.5
Property Crimes
533.3
358.8
Burglaries
117.14
74.0
Larceny-Thefts
324.19
241.5
Motor Vehicle Thefts
91.97
43.3

Invest in Minneapolis Properties

When making a decision about buying real estate in Minneapolis Minnesota area, you should consider following statistical data:

Category Minneapolis USA
Near Medium City
-
Near Large City
Milwaukee, Wisconsin
-
Minneapolis Zip Codes
55401, 55402, 55403, 55404, 55405, 55406, 55407, 55408, 55409, 55410, 55411, 55412, 55413, 55414, 55415, 55416, 55417, 55418, 55419, 55420, 55421, 55422, 55423, 55424, 55425, 55426, 55427, 55428, 55429, 55430, 55431, 55432, 55433, 55434, 55435, 55436, 55437, 55438, 55439, 55441, 55442, 55443, 554
-
Minneapolis Area Codes
763
-
White population
65.13%
75.1%
African-American population
17.99%
12.3%
Asian
6.13%
3.6%
American Indian & Alaskan
2.19%
0.9%
Hispanic (of any race)
7.63%
12.5%
Median Family Income (1999)
$ 48,602%
$42,000
Population Below Poverty Level
16.23%
12.4%

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Minneapolis Real Estate For Sale

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