Moving to Minneapolis, MN

Thinking about moving to Minneapolis?

Minneapolis might be the best mid-sized city in the country — if it weren’t for the winters. Minneapolis boasts a fantastic chain of lakes and parks, an educated population with a great school system, a roaring and diverse economy, and an abundance of excellent bars, restaurants, cafes, breweries, museums, and theaters. And if that weren’t enough, there’s the more historic St. Paul right there.

Where Are All the New Residents of Minneapolis Moving From?

For football fans, Minneapolis is the host of Superbowl 52. For shopaholics, it’s home to the Mall of America, and for music fans, it’s a place to pay tribute to one of the greatest American…


While the winters are indeed rough, they’ve likely helped keep the city from being quite as swarmed with millennials as other hip destinations have been. Still, Minneapolis’s reputation is out: between 2010 and 2016, more than 31,073 people have moved to Minneapolis, an increase of 8.1%.

Living

Minneapolis is home to 413,651 Minneapolitans. With an area of 54.0 square miles, Minneapolis has a population density of 7,660 persons per square mile, which makes it more dense than many other cities of comparable size.

The Minneapolis-St. Paul-Bloomington, MN-WI Metropolitan Statistical Area boasts a population of 3,551,036 people, of which Minneapolis proper’s population makes up 12%.

Housing

One of the drawbacks of all of Minneapolis’s growth and livability are its relatively high housing prices. The median home value in Minneapolis is $239,700, 20% above the US median value, according to Zillow. The median price per square foot in Minneapolis is $213. Over the past 5 years, home values in Minneapolis have increased by 8%.

Renters in Minneapolis will also have a hard time finding affordable housing. The median rent in Minneapolis is $1,588 per month, which is 11% higher than the US median. Over the past year, rental rates in Minneapolis have increased by 5.0%.

Economy

The Minneapolis economy is on fire. The Minneapolis metro area’s GDP grew by 25% between 2010 and 2015, from $200 billion in 2010 to $249 billion in 2015, a total increase of $49 billion. The metro area has a per capita GDP of $70,058. According to the US Census Bureau, the median household income in Minneapolis, MN is $68,778, 30% higher than the national median. Minneapolis’s unemployment rate is 3.5%.

Minneapolis, MN Arts and Entertainment

Spoon and Stable

211 N 1st St, Minneapolis, MN 55401

Bachelor Farmer

50 N 2nd Ave, Minneapolis, MN 55401

Alma

528 University Ave SE, Minneapolis, MN 55414

Birchwood Cafe

3311 E 25th St Minneapolis, MN 55406

Blackbird

3800 Nicollet Ave Minneapolis, MN 55409

Brasa Premium Rotisserie

600 E Hennepin Ave Minneapolis, MN 55414

Heyday

2700 Lyndale Ave S Minneapolis, MN 55408

Hi-Lo Diner

4020 E Lake St Minneapolis, MN 55406

Mancini's Char House & Lounge

531 7th St W Saint Paul, MN 55102

Matt's Bar

3500 Cedar Ave S Minneapolis, MN 55407

Restaurants
Spoon and Stable
Bachelor Farmer
Alma
Birchwood Cafe
Blackbird
Brasa Premium Rotisserie
Heyday
Hi-Lo Diner
Mancini's Char House & Lounge
Matt's Bar

Parlour

730 Washington Ave N Minneapolis, MN 55401

Constantine Mini Bar

1115 2nd Ave S Minneapolis, MN

12welve Eyes Brewing

141 4th St E Ste LL2 Saint Paul, MN 55101

Bauhaus Brew Labs

1315 Tyler St NE Minneapolis, MN 55413

Fulton Brewing Company

414 6th Ave N Minneapolis, MN 55401

Inbound BrewCo

701 N 5th St Minneapolis, MN 55401

Lakes & Legends

1368 Lasalle Ave Minneapolis, MN 55403

Summit Brewing Company

910 Montreal Cir Saint Paul, MN 55102

Surly Brewing Company

520 Malcolm Ave SE Minneapolis, MN 55414

CC Club

2600 Lyndale Ave. S Minneapolis, MN 55408

Nightlife
Parlour
Constantine Mini Bar
12welve Eyes Brewing
Bauhaus Brew Labs
Fulton Brewing Company
Inbound BrewCo
Lakes & Legends
Summit Brewing Company
Surly Brewing Company
CC Club

Guthrie Theater

818 S 2nd St, Minneapolis, MN 55415

Walker Art Center

725 Vineland Pl, Minneapolis, MN 55403

Como Park Zoo and Conservatory

1225 Estabrook Dr, St Paul, MN 55103

Minneapolis Institute of Art

2400 3rd Ave S, Minneapolis, MN 55404

Mill City Museum

704 S 2nd St, Minneapolis, MN 55401

Weisman Art Museum

333 E River Pkwy, Minneapolis, MN 55455

The Museum of Russian Art

5500 Stevens Ave, Minneapolis, MN 55419

The Bakken

3537 Zenith Ave S, Minneapolis, MN 55416

Bell Museum of Natural History

10 Church St SE, Minneapolis, MN 55455

Culture
Guthrie Theater
Walker Art Center
Como Park Zoo and Conservatory
Minneapolis Institute of Art
Mill City Museum
Weisman Art Museum
The Museum of Russian Art
The Bakken
Bell Museum of Natural History

Weather

If you’re allergic to cold weather, Minneapolis might not be for you. Minneapolis winters are cold, with an average temperature of 23 degrees. Summers in Minneapolis are cool, with an average temperature of 69 degrees. The average temperature in Spring is 58 degrees and the average temperature in Fall is 34 degrees.

If you’re moving to Minneapolis, you better bring your umbrella! Minneapolis sees an average 117 rainy days per year, and had an average annual rainfall of 30.6 inches. Minneapolis is relatively humid, with an average annual relative humidity of 68. And don’t sweat it if you forget to pack your sunglasses. Minneapolis only gets an average of 2,711 sunny hours per year and 95 sunny days, fewer than much of the rest of the country.

Crime

Minneapolis does have some problems with violent crime, with a violent crime rate of 1,063 incidents per 100,000 persons according to the FBI, a higher rate than average. Property crime rates in Minneapolis are relatively high, with a rate of 4,194 incidents per 100,000 persons, a higher rate than average.

Traffic

Ask anyone who lives in Minneapolis what the city’s biggest problems are and traffic will almost certainly be one of them. According to a survey conducted by INRIX, the average commuter in Minneapolis spends 39.6 hours in traffic each year, with about 7% of their time commuting in a traffic jam, a higher portion than average among US cities.

Cost of Living

Minneapolis is an expensive place to live with a high cost of living. According to the Bureau of Economic Analysis‘s Regional Price Parity survey, which takes into account cost of living metrics including the price of goods and services and housing, Minneapolis has a regional price parity of 111.7, 2.0% above the average for US metro areas.

Education

Minneapolis is a well-educated city, with 24% of the population possessing a Bachelor’s degree or higher. Only 8% of the population does not have a High School diploma, while 11% of the population has a Graduate or Professional degree.

Demographics

The median age in Minneapolis is 36.3 years. 49.4% of the population in the Minneapolis metro area is male, while 50.6% is female. 9.5% of the metro population is foreign born. In terms of racial demographics, Minneapolis is 82% white, 7% African American, and 1% Asian.

Plan Your Move to Minneapolis With SpareFoot

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