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Minneapolis (zip 55403), Minnesota   Add Favorite    0 Reviews | Review This Place




Find your Best Mortgage in Minneapolis: Fixed Rate, Adjustable Rate, 30 years, 15 years.

Pros

-Education
-Attractive downtown
-Attractive neighborhoods

Cons

-Growth and sprawl
-Cost of living
-Harsh winters


What Bert Has To Say About Minneapolis-St. Paul-Bloomington Metro Area


The “twin cities” serve as a regional center for the upper Midwest and northern Great Plains. The fully cosmopolitan area is a balanced industrial, commercial, educational, and cultural center, and functions much as one city. The area is one of the most economically diverse in the country, serving as headquarters to large firms in agriculture, food, banking, technology, retailing, healthcare, and transportation. A few of the well-known companies include General Mills, 3M, US Bancorp, United Healthcare, and retailers Target and Best Buy. Job growth is still fairly modest, but overall, the Twin Cities have have a strong and prosperous feel.


Bert Suggests test-driving a neighborhood in Minneapolis with an affordable short term rental. Click here to find the right place on Airbnb.


Highlights


  • Profile: Regional-center complex/Capital city
  • Time zone: Central Standard Time
  • Elevation: 838
  • Real Estate: For Sale  For Rent
  • City: Minneapolis
  • Zip Codes: Minneapolis (zip 55403)

Quick Facts About Minneapolis


    ECONOMY
    The unemployment rate in Minneapolis (zip 55403) is 3.70 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Minneapolis (zip 55403) jobs have Increased by 1.24 percent.
    COST OF LIVING
    Compared to the rest of the country, Minneapolis (zip 55403)'s cost of living is 14.00% Higher than the U.S. average.
    POPULATION
    As of 2014, Minneapolis (zip 55403)'s population is 14,992 people. Since 2000, it has had a population growth of 5.64 percent.
    TRANSPORTATION
    Average Commute time is 27 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Minneapolis (zip 55403) is $245,200. Home appreciation the last 10 years has been -1.91%.
    SCHOOLS
    Minneapolis (zip 55403) public schools spend $18,026 per student. The average school expenditure in the U.S. is $12,383. There are about 15 students per teacher in Minneapolis (zip 55403).

Minneapolis Ranked & Rated



Minneapolis Housing Market


It's a good time to buy in Minneapolis. Home Appreciation is up 8.2% in the last 12 months. Browse Minneapolis Real Estate.
The median home price in Minneapolis is $245,200. Browse Homes in this Range.
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