text: As of the 2020 United States Census, the city's population was estimated to be 429,606. The racial composition of the city is predominantly non-Hispanic White, making up approximately 58.1% of the population, followed by African Americans at 18.9%, and Asian at 5.8%. Hispanic or Latinos of any race constitute around 10% of the city's inhabitants.
  Minneapolis has a growing immigrant population that includes communities of Somali, Hmong, and Latino immigrants, among others. The 2021 ACS 5-Year estimates 14.8% of Minneapolis residents were not born in the United States.
  The age distribution within the city is relatively balanced, with a median age of 31.7 years. Economic factors also play a significant role in the demographic landscape, with a median household income of $58,993 as of 2020, and a poverty rate of 20.7%.
  Educational attainment in Minneapolis is higher than the national average, with 87.9% of adults 25 years and older holding a high school degree, and nearly half have a bachelor's degree or higher.
  Population and age
  Early years to mid-20th century
  In its infancy, Minneapolis experienced rapid population growth due to industrialization, immigration, and the city's strategic location near the Mississippi River. This early exponential growth saw a moderate stabilization during the first half of the 20th century. Despite facing significant challenges such as the Great Depression, Minneapolis exhibited resilience, with its population growing to 464,356 by 1930 — an increase of 22.0%.