The median home value in Minneapolis, MN 55403 is $261,600. This is lower than the county median home value of $342,800. The national median home value is $338,100. The average price of homes sold in Minneapolis, MN 55403 is $261,600. Approximately 20.84% of Minneapolis, MN 55403 homes are owned, compared to 68.33% rented, while 10.83% are vacant. Minneapolis, MN 55403 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Minneapolis, MN 55403 real estate agent to arrange a tour today!
Learn More About Minneapolis, MN 55403 Real EstateMinneapolis, MN 55403 has a population of approximately 16,319 and experiences a population change rate of 9.72%. The population density is 11,964.1 / sq mi.
The median household income for Minneapolis, MN 55403 is $55,520, with 11,021 households and an average household size of 1.42.
The cost of living index in Minneapolis, MN 55403 is 116.5%.
The median value of a home in Minneapolis, MN 55403 is $261,600 with an appreciation rate of 7.1%. 20.8% of housing in the zip code is owned while 68.3% is rented.
The unemployment rate in Minneapolis, MN 55403 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 55403 is 8.03%, while the income tax rate is 6.80%.
School expenditures in Minneapolis, MN 55403 are $19,300, and the school ratio is 16.1:1.
The average high temperature in July is 84 degrees, with an average low temperature in January of 7 degrees. The average rainfall is approximately 32.5 inches per year, with 52.5 inches of snow per year.
Metric | City | County |
---|---|---|
High School Graduates | 90.7 | 93.87 |
College Degree - 2 year | 7.44 | 8.7 |
College Degree - 4 year | 52.64 | 51.85 |
Graduate Degree | 14.47 | 13.68 |
Expenditures per Student | $19,300 | $19,300 |
Students per Teacher | 16.10 | 16.10 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Aurora Charter School | KG - 04 | 218 | 14.7 | 55404 |
Bryn Mawr Elementary School | PK - 05 | 466 | 12.9 | 55405 |
Emerson Elementary School | PK - 05 | 513 | 13.9 | 55403 |
Fair School Downtown (K-3) | KG - 03 | 0 | null | 55403 |
Hennepin Elementary School | KG - 06 | 254 | 12.1 | 55404 |
Jefferson Elementary School | PK - 08 | 726 | 12 | 55405 |
Kenwood Elementary School | KG - 05 | 458 | 18.5 | 55405 |
Twin Cities International Elementary School | KG - 04 | 600 | 16.7 | 55401 |
Whittier International | PK - 05 | 638 | 15 | 55404 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Anwatin Middle Com & Spanish D I | 06 - 08 | 632 | 12.2 | 55405 |
Aurora Middle School | 05 - 08 | 167 | 16.3 | 55404 |
MN International Middle Chr School | 05 - 08 | 419 | 15.5 | 55401 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Augsburg Fairview Academy | 09 - 12 | 145 | 10.4 | 55404 |
Downtown Campus | 09 - 12 | 82 | 12 | 55403 |
Lincoln International School | 09 - 12 | 139 | 13.9 | 55404 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
* Harrison Education Center | 09 - 12 | 61 | 6.1 | 55405 |
* Loring-Nicollet High School | 09 - 12 | 52 | 15.3 | 55403 |
* Merc. | 09 - 12 | 62 | 12.3 | 55404 |
* Urban League Academy High School | 07 - 12 | 47 | 7.8 | 55403 |
* VOA High School | 09 - 12 | 170 | 16.4 | 55404 |
Brainerd Early Childhood SP. Ed. | PK - PK | 151 | 8.9 | 55401 |
Fair Elementary | UG - UG | 0 | null | 55403 |
Fair School Downtown | KG - 12 | 513 | 21.8 | 55403 |
Fair Senior High | UG - UG | 0 | null | 55403 |
Level Up Academy | UG - UG | 0 | null | 55404 |
Minnesota Early Learning Academy | UG - UG | 0 | null | 55401 |
MPS Metro C | KG - 12 | 17 | 7.4 | 55403 |
River Bend Educational Center | KG - 12 | 89 | 4.3 | 55405 |
Stadium View | 06 - 12 | 40 | 4 | 55415 |