Minneapolis : Minnesota

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What it's Like to Retire in Minneapolis

Minneapolis is the major city in Minnesota with almost 400,000 residents. It has major league sports teams, a vibrant economy, and one of the great public universities, the University of Minnesota.  The city not only has a number of beatiful lakes like Lake Calhoun, but it is also on the Mississippi River. It is one of the Twin Cities; St. Paul is immediately adjacent.


Where to Retire in Minneapolis and Home Prices

There are many nice neighborhoods and suburbs like Eden Prairie.  The NAR reports the median selling price of a home in the second quarter of 2016 was $242,400.


What is special about Minneapolis

Its lakes; beautiful neighborhoods; cultural institutions; part of the downtown is covered so you can walk indoors for long distances which helps to make Minniapolis a very walkable community.


What is not special about Minneapolis

Winters can be harsh with blizzards, wind and hail storms. 


Who will like retirement in Minneapolis

Retirees who enjoy a very walkable college town that has beautiful lakes, major league sports teams, a cultural center, and who like winter recreational activities.


Local economy is driven by

Manufacturing, which is the primary industry in Minneapolis; The Twin Cities are considered the financial center of the upper midwest; Minneapolis is considered one of the largest trucking centers in the nation; Some of the Fortune 500 largest corporations are headquartered here.


Climate and Physical Environment

Lakes, ponds and wetland areas within Minneapolis; The city has a continental climate where winters are cold and summers can be hot and humid; The snowiest winter on record was in 1983-84 which broght 98.4 inches of snow;  The difference between average temperatures in the coldest winter month and the warmest summer month is great: 60.1 °F (33.4 °C). (wikipedia.com)


Restaurants & Cultural Scene

In 2012, Food and Wine magazine named Minneapolis America's best and best-priced new food city.



The total crime index for Minneapolis is high.


Medical facilities

Minneapolis offers many health care facilities including Abbott Northwestern Hospital, Umiversity of Minneapolis Medical Center, Children's Hospitals and Clinics, and the Minneapolis VA Medical Center.



 Minneapolis has a light rail system and commuter rail line;  Amtrak and Minneapolis-St. Paul International/ World Champerlain Airport also service the city.


Valuable Links

City of Minneapolis


What people are saying about Minneapolis

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  • State: MN
  • Environment: Urban,Suburban,College Town,Lake,
  • City Population: 100,001+
  • Median age of Population: 25-44
  • Avg Jan Temperature: 0 -20
  • Avg July Temperature: 60-80
  • Median HH Income: 41,001-60,000
  • Average Home Price (MLS): $200,001-$300,000
  • Annual Property Tax on a $200,000 house: 2000-4000
  • Total Crime Index: 111-120 (high)
  • Cost of Living Index: 101-110 (slightly above average)
  • Culture Index: 121+ (very high)
  • State Sales Tax: Yes
  • State Income Tax: Yes
  • Name of the Guide: boomer1

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1. Overall Retirement Ratings Discuss

1. Rating: 4.5/5 ( 2 votes cast)

2. Expense:
Inexpensive to Luxury Discuss

2. Rating: 4.5/5 ( 2 votes cast)

3. Taxes:
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3. Rating: 4.3/5 ( 3 votes cast)

4. Culture:
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4. Rating: 5.0/5 ( 2 votes cast)

None to Summer camp Discuss

5. Rating: 4.7/5 ( 3 votes cast)

6. Transportation:
Boondocks to World Hub Discuss

6. Rating: 4.5/5 ( 2 votes cast)

7. Security:
Dangerous to Ft. Knox Discuss

7. Rating: 2.5/5 ( 2 votes cast)

8. Medical Facilities:
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8. Rating: 5.0/5 ( 3 votes cast)

9. Political Situation:
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9. Rating: 4.7/5 ( 3 votes cast)

10. Environmental:
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10. Rating: 4.7/5 ( 3 votes cast)


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