Electricity rates in Minneapolis, Minnesota
Minneapolis, MN ranks 1 of 31 Minnesota cities for the oldest homes (median year built 1950). Minneapolis, Minnesota has 426,845 residents in 188,944 households; 23.7% heat with electricity.
Minneapolis on the map
Hennepin County, with Minneapolis marked
Housing and heating in Minneapolis
Minneapolis, MN: 148,305 of 203,217 homes were built before 1980 and 32,369 in 2000 or later. Minneapolis, MN has 82,307 detached houses, 87,825 homes in 5+ unit buildings and 635 mobile homes.
Age of homes in Minneapolis, MN
% of homes by decade built, Minneapolis, MN
- 44pre-40
- 640s
- 850s
- 760s
- 870s
- 780s
- 490s
- 600s
- 910s
- 120+
Heating fuel in Minneapolis, MN
| Minneapolis, MN | Value | County | Gap | Rank |
|---|---|---|---|---|
| Minneapolis, MN, median year built | 1950 | 1973 | -23 years | 31 of 31 |
| Minneapolis, MN, built before 1980 | 73.0% | 60.3% | +12.7 points | 6 of 31 |
| Minneapolis, MN, built 2000 or later | 15.9% | 17.6% | -1.7 points | 21 of 31 |
| Minneapolis, MN, detached houses | 40.5% | 52.2% | -11.7 points | 31 of 31 |
| Minneapolis, MN, apartments in 5+ unit buildings | 43.2% | 33.2% | +10.0 points | 2 of 31 |
| Minneapolis, MN, mobile homes | 0.3% | 0.4% | -0.0 points | 21 of 31 |
| Minneapolis, MN, renter households | 52.0% | 37.0% | +15.0 points | 1 of 31 |
| Minneapolis, MN, median home value | $345,600 | $376,500 | -$30,900 | 17 of 31 |
| Minneapolis, MN, median gross rent a month | $1,329 | $1,439 | -$110 | 24 of 31 |
| Minneapolis, MN, people per household | 2.16 | 2.32 | -0.16 | 30 of 31 |
Facts about Minneapolis
- Residents of Minneapolis, MN, ACS 2023
- 426,8451 of 31 Minnesota cities with 30,000+
- Median household income in Minneapolis, MN
- $80,26925 of 31 of those cities
- Households in Minneapolis, MN
- 188,9442.26 people each
- Owner-occupied homes in Minneapolis, MN
- 48.0%90,686 owners and 98,258 renter households
- Housing units in Minneapolis, MN
- 203,21714,273 vacant or seasonal
- Homes heated by electricity in Minneapolis, MN
- 23.7%44,784 of 188,944 homes
- Land area of Minneapolis, MN
- 54.0 sq mi7,904.5 people per sq mi
- Bill as share of income in Minneapolis, MN
- 1.5% to 1.8%at 712 kWh a month over the $80,269 median household income
- Wind and tornado reports within 15 miles of Minneapolis, MN
- 223NWS point reports 2015 to 2025, 52.2 per 100,000 residents
- Median year homes were built in Minneapolis, MN
- 1950148,305 of 203,217 homes (73.0%) before 1980
- Median home value and rent in Minneapolis, MN
- $345,600$1,329 gross rent a month, 4.61% of value a year
Bill and heat pump calculator, Minneapolis
Compare Minneapolis with nearby cities
| City near Minneapolis, MN | Distance from Minneapolis | Residents | Median income | Median year built | Median home value | Storm reports within 15 miles | Work from home |
|---|---|---|---|---|---|---|---|
| Minneapolis, MN (this page) | 0 mi | 426,845 | $80,269 | 1950 | $345,600 | 223 | 23.3% |
| St. Louis Park, MN | 4.8 mi west | 49,541 (-377,304) | $100,250 (+$19,981) | 1965 (+15 yr) | $371,600 (+$26,000) | 224 (+1) | 25.2% (+1.9 pts) |
| Richfield, MN | 6.2 mi south | 36,725 (-390,120) | $84,055 (+$3,786) | 1959 (+9 yr) | $320,400 (-$25,200) | 232 (+9) | 15.7% (-7.6 pts) |
| Roseville, MN | 6.7 mi northeast | 35,905 (-390,940) | $88,440 (+$8,171) | 1968 (+18 yr) | $334,800 (-$10,800) | 193 (-30) | 20.0% (-3.3 pts) |
| Edina, MN | 6.7 mi southwest | 53,125 (-373,720) | $129,225 (+$48,956) | 1971 (+21 yr) | $624,000 (+$278,400) | 230 (+7) | 25.4% (+2.1 pts) |
| Brooklyn Center, MN | 7.6 mi north | 32,811 (-394,034) | $72,009 (-$8,260) | 1962 (+12 yr) | $261,100 (-$84,500) | 184 (-39) | 12.3% (-11.0 pts) |
Who supplies Minneapolis
Hennepin County lists 6 utilities for Minneapolis, MN (426,845 residents): homes pay 13.66 to 16.98 cents per kWh, about $97 to $121 a month at 712 kWh, 1.5% to 1.8% of the $80,269 Minneapolis median income. Hennepin County page.
Who lives in Minneapolis: income, cars, homes
In Minneapolis, MN, 27,989 households own no vehicle and 75,624 own two or more; home EV charging depends on that. Minneapolis, MN homes: 76,868 have 3+ bedrooms, 68,991 none or one, median 4.7 rooms. In Minneapolis, MN, 44,553 of 95,364 renter households pay 30% or more of income in rent; 84,215 households moved in since 2018 and 27,615 before 2000, so electric accounts turn over quickly. 67,226 residents of Minneapolis, MN live below the poverty line, and the median age is 33.0. In Minneapolis, MN, 42,136 of 188,944 households earn under $35,000, 46,930 $35,000-$75,000, 56,046 $75,000-$150,000 and 43,832 $150,000 or more. Of 240,221 workers in Minneapolis, MN, 56,032 work from home, 128,270 drive alone, 18,080 ride transit and 14,396 walk.
Household income in Minneapolis, MN
| Minneapolis, MN | Value | Rank in Minnesota |
|---|---|---|
| Minneapolis, MN, households under $35,000 | 22.3% | 6 of 31 |
| Minneapolis, MN, households $150,000 or more | 23.2% | 20 of 31 |
| Minneapolis, MN, residents below poverty | 16.4% | 5 of 31 |
| Minneapolis, MN, median age | 33.0 | 27 of 31 |
| Minneapolis, MN, homes with 3+ bedrooms | 37.8% | 31 of 31 |
| Minneapolis, MN, households without a vehicle | 14.8% | 1 of 31 |
| Minneapolis, MN, households with 2+ vehicles | 40.0% | 31 of 31 |
| Minneapolis, MN, workers at home | 23.3% | 8 of 31 |
| Minneapolis, MN, cost-burdened renters | 46.7% | 20 of 31 |
| Minneapolis, MN, moved in since 2018 | 44.6% | 2 of 31 |
| Minneapolis, MN, moved in before 2000 | 14.6% | 29 of 31 |
Outage risk around Minneapolis
Minneapolis, MN, NWS reports within 15 miles of the centre, 2015 to 2025: 216 wind and 7 tornado, 52.2 per 100,000 residents of 426,845. Top gust near Minneapolis, MN: 63 knots, 72 mph. Damage near Minneapolis, MN: $5.0M.
Reports within 15 miles of Minneapolis, MN
wind and tornado reports, Minneapolis, MN
- 12'15
- 28'16
- 14'17
- 16'18
- 16'19
- 9'20
- 16'21
- 40'22
- 9'23
- 45'24
- 18'25
| Minneapolis, MN | Wind | Tornado | Total |
|---|---|---|---|
| Minneapolis, MN, 2015 | 11 | 1 | 12 |
| Minneapolis, MN, 2016 | 28 | 0 | 28 |
| Minneapolis, MN, 2017 | 14 | 0 | 14 |
| Minneapolis, MN, 2018 | 16 | 0 | 16 |
| Minneapolis, MN, 2019 | 16 | 0 | 16 |
| Minneapolis, MN, 2020 | 8 | 1 | 9 |
| Minneapolis, MN, 2021 | 15 | 1 | 16 |
| Minneapolis, MN, 2022 | 36 | 4 | 40 |
| Minneapolis, MN, 2023 | 9 | 0 | 9 |
| Minneapolis, MN, 2024 | 45 | 0 | 45 |
| Minneapolis, MN, 2025 | 18 | 0 | 18 |
Cost of living with electricity in Minneapolis
Minneapolis, MN: 188,944 households at $902 a year per home for electricity (Hennepin County average, DOE LEAD) come to about $170.4 million, an estimate; all home energy is $1,766 a year per household.
| Group in Minneapolis, MN | Households | Power per home | Power bill of the group | Share of Minneapolis, MN median income |
|---|---|---|---|---|
| Minneapolis, MN, all households | 188,944 | $902 | $170.4 million | 1.12% |
| Minneapolis, MN, homeowners | 90,686 | $1,122 | $101.7 million | 1.40% |
| Minneapolis, MN, renters | 98,258 | $528 | $51.9 million | 0.66% |
Analyst note on Minneapolis
Minneapolis, MN counts 426,845 residents in 188,944 households, on 54.0 square miles. Household income in Minneapolis, MN is $80,269; 90,686 of its 188,944 households own. 44,784 of the 188,944 occupied homes in Minneapolis, MN heat with electricity.
Minneapolis, MN has 203,217 housing units, 14,273 of them vacant or seasonal. Minneapolis, MN ranks 1 of 31 Minnesota cities for the share of renter households (52%). Minneapolis, MN ranks 1 of 31 Minnesota cities for households without a vehicle (14.8%).
Minneapolis, MN ranks 2 of 31 Minnesota cities for homes in buildings of 5+ units (43%).
ZIP codes in Minneapolis
| ZIP area touching Minneapolis, MN | Share of the ZIP's land inside Minneapolis | Share of Minneapolis's land in the ZIP |
|---|---|---|
| 55418 (Minneapolis, MN) | 75.8% | 9.8% |
| 55406 (Minneapolis, MN) | 100.0% | 9.3% |
| 55419 (Minneapolis, MN) | 100.0% | 7.8% |
| 55417 (Minneapolis, MN) | 93.2% | 7.6% |
| 55407 (Minneapolis, MN) | 100.0% | 7.4% |
| 55411 (Minneapolis, MN) | 99.0% | 7.4% |
| 55412 (Minneapolis, MN) | 100.0% | 6.3% |
| 55413 (Minneapolis, MN) | 100.0% | 5.8% |
| 55414 (Minneapolis, MN) | 100.0% | 5.8% |
| 55405 (Minneapolis, MN) | 100.0% | 5.2% |
| 55408 (Minneapolis, MN) | 100.0% | 5.0% |
| 55410 (Minneapolis, MN) | 79.0% | 4.5% |
| 55404 (Minneapolis, MN) | 100.0% | 3.3% |
| 55430 (Minneapolis, MN) | 24.3% | 2.6% |
| 55403 (Minneapolis, MN) | 100.0% | 2.5% |
| 55409 (Minneapolis, MN) | 100.0% | 2.4% |
| 55416 (Minneapolis, MN) | 15.7% | 2.1% |
| 55401 (Minneapolis, MN) | 100.0% | 1.5% |
| 55454 (Minneapolis, MN) | 100.0% | 1.1% |
| 55455 (Minneapolis, MN) | 100.0% | 1.0% |
| 55415 (Minneapolis, MN) | 100.0% | 0.8% |
| 55402 (Minneapolis, MN) | 100.0% | 0.3% |
Census 2020 ZCTA to place land-area overlap. Look up any ZIP.
Minnesota: home prices since 2001, planned plants.
Questions on Minneapolis
Minneapolis: what is the electricity rate?
Minneapolis, MN has no price of its own; its 426,845 residents are served by one of 6 utilities, and a 712 kWh month costs $97 to $121.
Minneapolis: how does it rank among Minnesota cities?
Minneapolis, MN: rank 1 of 31 by its 426,845 residents, rank 25 of 31 by $80,269 median income.
Minneapolis: how many homes heat with electricity?
Minneapolis, MN: 44,784 of 188,944 occupied homes, 23.7%; Hennepin County 19.8%.
Minneapolis: how much income goes to electricity?
At 712 kWh a month, 1.5% to 1.8% of the $80,269 median income in Minneapolis, MN.
Minneapolis: damaging storms reported nearby?
223 NWS wind and tornado reports within 15 miles of the centre of Minneapolis, MN, 2015 to 2025, 52.2 per 100,000 residents.
How old are the homes in Minneapolis?
Minneapolis, MN: median home built 1950; 148,305 of 203,217 homes (73.0%) predate 1980, 82,307 are detached and 87,825 sit in buildings of 5+ units.
How many Minneapolis, MN households have no car?
27,989 households; 75,624 have two or more.
How big are the homes in Minneapolis, MN?
76,868 of 203,217 homes have 3+ bedrooms; median 4.7 rooms.
How many Minneapolis, MN renters struggle with rent?
44,553 of 95,364 renter households pay 30% or more of income in rent.