15 E Grant St, Minneapolis, MN 55403
For saleMinneapolis, MN
Nestled in the heart of the Midwest, Minneapolis, MN is a vibrant city known for its stunning lakes, rich history, and dynamic cultural landscape. It is part of the Twin Cities, alongside St. Paul, and boasts a diverse population and a thriving arts scene. The city is renowned for its innovative spirit, with an impressive blend of natural beauty and urban sophistication. Minneapolis is a hub for business, creativity, and recreational activities, making it an exceptional place to live, work, and explore.
Recreational Delights
Minneapolis offers a wealth of recreational opportunities that cater to outdoor enthusiasts and families alike. The extensive park system, which includes over 50 parks, provides places for walking, biking, and picnicking. The Chain of Lakes, including Lake Calhoun and Lake Harriet, are perfect for swimming, sailing, and fishing in the summer months. In winter, residents can enjoy ice skating, cross-country skiing, and snowshoeing. Notable parks like Theodore Wirth Park offer disc golf, hiking, and mountain biking trails. For those who enjoy urban nature, the Mississippi National River and Recreation Area showcases scenic river views and opportunities for kayaking and canoeing, creating an exceptional blend of outdoor exploration within the city.
Culinary Scene
Minneapolis features a rich culinary landscape shaped by its diverse population and vibrant neighborhoods. The North Loop district is famous for its trendy restaurants and craft breweries, offering everything from artisanal pizzas to gourmet seafood. Moreover, the Midtown Global Market serves as a melting pot of international cuisines, celebrating flavors from around the world. Food trucks are also a significant part of the scene, showcasing local chefs and exciting new dishes. Unique local options such as Juicy Lucy burgers and Scandinavian pastries can be found throughout the city, reflecting its cultural heritage. Additionally, the burgeoning farm-to-table movement has gained traction here, with many establishments prioritizing locally-sourced ingredients to create fresh and innovative dishes.
Demographics
- Younger population mix: median age 33.4 vs. 38.9 in the U.S., with 25–44-year-olds comprising about 36.0% of residents.
- Household formation is outpacing population growth (households +2.01% vs. population +0.09% per the provided ACS rates), which can support demand for more housing units and CRE services.
- Income parity with the national benchmark: median household income $80,846 vs. U.S. $80,734.
Population
427,246
Growth 0.09%
Households
192,734
Growth 2.01%
Median Age
33.4
US Median Age 38.9
Median Household Income
$80,846
US Median Household Income $80,734
Radius Metrics Highlights in 3-mile radius
254,301
Total population
30%
5 year population growth projection
3,000 - 10,400
Vehicles per day on East Grant Street
119,628
Total households
$47,895
Per capita income
| 1 Mile | 3 Miles | 5 Miles | |
|---|---|---|---|
| Total population | 45,883 | 254,301 | 491,945 |
| 5 year projected total population | 55,009 | 330,755 | 591,647 |
| Total households | 26,592 | 119,628 | 223,082 |
| Current Median Household Income | $60,145 | $70,139 | $90,363 |
| 5 year projected median household income | $79,204 | $87,358 | $111,995 |
| Current Per Capita Income | $51,825 | $47,895 | $54,716 |
| 5 year projected per capita income | $65,121 | $62,468 | $71,324 |
| Median home value | $172,549 | $288,119 | $346,853 |
Sports
Football
Minnesota Vikings
Baseball
Minnesota Twins
Basketball
Minnesota Timberwolves
Soccer
Minnesota United FC
Education
University of Minnesota
Augsburg University
Minneapolis Community and Technical College
North Central University
Entertainment
Guthrie Theater
Walker Art Center
Minnesota Orchestra
First Avenue
Quality of Life
Minneapolis is known for a strong cultural scene and extensive recreation built around its lakes and park system, supporting a desirable live-work environment. Challenges remain, including income disparities and housing affordability pressures.
2022 Population by age
5%
0-4 Years
17%
5-19 Years
10%
20-24 Years
36%
25-44 Years
20%
45-64 Years
11%
65+ Years
Employers
$369.27M
Annual GDP
6%
Unemployment rate
15th
Largest economy in U.S.
Employment sectors
Health Care and Social Assistance
19.33%
Educational Services
16.34%
Professional, Scientific, and Technical Services
16.09%
Retail Trade
13.62%
Manufacturing
12.94%
Accommodation and Food Services
8.68%
Finance and Insurance
8.24%
Transportation and Warehousing
3.8%
Other
0.96%