Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they aren’t made of ticky-tacky, they are definitely made of money.
These are the wealthiest neighborhoods that Minneapolis has to offer. Where houses go for over 3.89x the national median and household incomes are 3.66x the national median.
But where exactly in Minneapolis do the richest of the rich people live? That would be Kenwood where the median income is a cool $201,435.
Here’s a look at the top 10 wealthiest neighborhoods in Minneapolis out of 84 for 2024.
The Richest Neighborhoods In Minneapolis For 2024
What’s the richest neighborhood to live in Minneapolis for 2024? According to the most recent census data, Kenwood looks to be the richest Minneapolis neighborhood to live in.
Summing up the median income of those 10 neighborhoods adds up to $1,433,409. And that, my friend, is more 0s than most of us will see in our bank account for a long, long time — if we ever get that lucky.
Find where your neighborhood ranks amongst the richest in Minneapolis.
For more Minneapolis reading, check out the best neighborhoods in Minneapolis and the worst neighborhoods in Minneapolis.
Or, for living around Minneapolis, out the best Minneapolis suburbs and the worst Minneapolis suburbs.
Table Of Contents: Table | Methodology
Richst Neighborhoods In Minneapolis For 2024 By Median Income
Rank | Neighborhood | Median Household Income |
---|---|---|
1 | Kenwood | $201,435 |
2 | Lynnhurst | $169,415 |
3 | Fulton | $149,992 |
4 | Kenny | $135,804 |
5 | Linden Hills | $132,381 |
6 | Fuller Tangletown | $132,265 |
7 | Hale | $128,810 |
8 | Cedar-Isles-Dean | $128,792 |
9 | Lowry Hill | $128,244 |
10 | Page | $126,271 |
11 | East Bank-Nicollet Island | $123,038 |
12 | Diamond Lake | $115,990 |
13 | Bryn Mawr | $108,475 |
14 | Keewaydin | $107,350 |
15 | Northrup | $106,708 |
16 | East Calhoun | $106,416 |
17 | Downtown East | $105,063 |
18 | Armatage | $104,912 |
19 | East Harriet | $104,873 |
20 | Field | $91,690 |
21 | Regina | $91,036 |
22 | Kingfield | $90,239 |
23 | Ericsson | $89,800 |
24 | Bryant | $89,101 |
25 | Morris Park | $89,098 |
26 | St Anthony East | $87,639 |
27 | North Loop | $87,326 |
28 | Howe | $87,280 |
29 | Cooper | $85,776 |
30 | St Anthony West | $85,478 |
31 | Wenonah | $84,423 |
32 | West Calhoun | $83,922 |
33 | Standish | $83,881 |
34 | Waite Park | $83,368 |
35 | East Isles | $81,939 |
36 | Corcoran | $81,916 |
37 | Audubon Park | $81,322 |
38 | Windom | $81,044 |
39 | Windom Park | $79,522 |
40 | Bancroft | $79,496 |
41 | Hiawatha | $79,039 |
42 | Minnehaha | $77,566 |
43 | Victory | $77,493 |
44 | Downtown West | $72,555 |
45 | Shingle Creek | $71,111 |
46 | Central | $69,618 |
47 | Longfellow | $68,966 |
48 | Sheridan | $68,275 |
49 | Northeast Park | $65,625 |
50 | Sumner-Glenwood | $64,739 |
51 | Beltrami | $64,375 |
52 | Seward | $63,889 |
53 | Lowry Hill East | $62,393 |
54 | Cleveland | $62,082 |
55 | Columbia Park | $61,805 |
56 | Lyndale | $61,179 |
57 | Calhoun | $61,055 |
58 | Southeast Como | $60,733 |
59 | Powderhorn Park | $58,256 |
60 | Bottineau | $56,383 |
61 | Harrison | $54,527 |
62 | Loring Park | $54,417 |
63 | Midtown Phillips | $54,102 |
64 | Holland | $52,983 |
65 | Folwell | $50,919 |
66 | Logan Park | $50,702 |
67 | Jordan | $50,150 |
68 | Mckinley | $48,732 |
69 | Willard Hay | $48,366 |
70 | Hawthorne | $47,566 |
71 | Whittier | $46,105 |
72 | Marcy Holmes | $45,963 |
73 | Prospect Park | $43,234 |
74 | Lind-Bohanon | $43,152 |
75 | East Phillips | $42,849 |
76 | Marshall Terrace | $41,154 |
77 | Phillips West | $38,888 |
78 | Near North | $38,150 |
79 | Webber-Camden | $37,376 |
80 | Elliot Park | $35,231 |
81 | Stevens Square | $32,403 |
82 | Ventura Village | $27,535 |
83 | Cedar-Riverside | $23,766 |
84 | University District | $20,708 |
How We Determined The Wealthiest Neighborhoods In Minneapolis For 2024
Every city has its best neighborhoods — where everyone wants to live — and the worst neighborhoods — where no one wants to live. And then you have the wealthiest neighborhoods, where no one can afford to live.
And by no one, we mean you because there’s always someone richer than you.
How do you quantify richer than you? We looked at one simple criterion:
Which neighborhoods have the highest median income?
Using Saturday Night Science, we researched income data from the Census and BLS for every neighborhood in Minneapolis.
We ranked every neighborhood in Minneapolis by median income from highest to lowest. The neighborhood with the highest median income, Kenwood, was named the wealthiest neighborhood in Minneapolis.
The richest neighborhoods in Minneapolis are Kenwood, Lynnhurst, Fulton, Kenny, Linden Hills, Fuller Tangletown, Hale, Cedar-Isles-Dean, Lowry Hill, and Page.
The poorest neighborhood? That would be University District.
The poorest neighborhoods in Minneapolis are University District, Cedar-Riverside, Ventura Village, Stevens Square, and Elliot Park.
We updated this article for 2024. This is our tenth time ranking the most affluent neighborhoods to live in Minneapolis.
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