Moving to Minneapolis-St. Paul-Bloomington
What you need to know before relocating to Minneapolis-St. Paul-Bloomington, Minnesota. Data-driven insights on housing, jobs, safety, and quality of life.
Is Minneapolis-St. Paul-Bloomington a Good Place to Live?
Based on data across cost of living, job market, safety, and education, Minneapolis-St. Paul-Bloomington compares favorably on multiple dimensions. Highlights include median household income ($95,102) exceeds the national median; low unemployment rate (2.6%) signals a strong job market; violent crime rate (261/100k) is well below the national average.
Minneapolis-St. Paul-Bloomington at a Glance
Cost of Living in Minneapolis-St. Paul-Bloomington
The median rent in Minneapolis-St. Paul-Bloomington is $1,427/month, while the median home value is $369,500. With a median household income of $95,102, residents spend roughly 18% of monthly income on rent.
Overall, the Minneapolis-St. Paul-Bloomington metro area is classified as average compared to other US metros.
Job Market
Minneapolis-St. Paul-Bloomington has a median household income of $95,102, which is 28% above the national median. The local unemployment rate is 2.6%, compared to the national average of 3.7%.
Safety in Minneapolis-St. Paul-Bloomington
The violent crime rate in Minneapolis-St. Paul-Bloomington is 261 per 100,000 residents, which is 31% below the national average of 380.
Property crime rate: 1702 per 100,000 residents.
Education in Minnesota
Minnesota has a high school graduation rate of 94% and per-pupil spending of $18,057/year. The student-to-teacher ratio is 14:1.
40% of Minnesota adults hold a bachelor's degree or higher.
Healthcare Access
Minnesota has 318 physicians per 100,000 residents, a 4.8% uninsured rate, and 2.9 hospital beds per 1,000 people. Life expectancy in Minnesota is 78.7 years.
Pros and Cons of Living in Minneapolis-St. Paul-Bloomington
+Pros
- ✓Median household income ($95,102) exceeds the national median
- ✓Low unemployment rate (2.6%) signals a strong job market
- ✓Violent crime rate (261/100k) is well below the national average
- ✓High school graduation rate of 94%
- ✓Low uninsured rate (4.8%) and good healthcare access
-Cons
- ✗Home prices ($369,500) are above the US median
- ✗Longer-than-average commute (1618919 min)
Frequently Asked Questions
Is Minneapolis-St. Paul-Bloomington a good place to live?⌄
Minneapolis-St. Paul-Bloomington, Minnesota has several attributes that make it an attractive place to live, including median household income ($95,102) exceeds the national median and low unemployment rate (2.6%) signals a strong job market. It scores well on multiple quality-of-life metrics relative to the national average.
What is the cost of living in Minneapolis-St. Paul-Bloomington?⌄
The median rent in Minneapolis-St. Paul-Bloomington is $1,427/month and the median home value is $369,500. The median household income is $95,102. Overall the metro is considered average.
Is Minneapolis-St. Paul-Bloomington safe?⌄
Minneapolis-St. Paul-Bloomington has a violent crime rate of 261 incidents per 100,000 residents. The national average is approximately 380 per 100,000.
What is the job market like in Minneapolis-St. Paul-Bloomington?⌄
Minneapolis-St. Paul-Bloomington has an unemployment rate of 2.6%, compared to the national average of 3.7%. The median household income is $95,102.