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Census says Twin Cities median income up in 2012; 10.7% in poverty; 7.8% uninsured

A wide-ranging report from the Census Bureau gives a snapshot of many statistics in the metro area as of 2012, including news that the median income was $66,282, up from $64,712 in 2011.

The American Community Survey also says that in 2012, 7.8 percent of the area’s population lacked health insurance coverage, a decrease from 8.9 percent in 2011.

Another stat that Cynthia Boyd includes in her story today on poverty: 10.7 percent of people in the area were in poverty in 2012, about the same as the 11% in 2011.

A few other items from the report’s summary:

Education

  • In 2012, 47.3 percent of 3- and 4-year-olds were enrolled in school, which was not statistically different from 48.6 percent in 2011. Nationally, 48.7 percent of 3- and 4-year-olds living in metro areas were enrolled in school in 2012, which was not statistically different from 48.4 percent in 2011. The 2012 and 2011 rates for the Minneapolis area were not statistically different from the respective rates for all U.S. metro areas. 
  • Among the Minneapolis area’s 25-and-older population, 93.2 percent had completed high school or more in 2012, an increase from 92.8 percent in 2011. Among all U.S. metro areas, 86.7 percent were high school graduates or higher, an increase from 86.3 percent in 2011. 
  • Meanwhile, 39.5 percent of the Minneapolis area’s 25-and-older population had a bachelor’s degree or higher in 2012, an increase from 38.5 percent in 2011. Nationally, 31.2 percent had a bachelor’s degree in 2012, up from 30.6 percent in 2011.

Housing 

  • In 2012, the median value for an owner-occupied home in the Minneapolis metro area was $203,700, a decrease from $210,300 in 2011. Across all U.S. metro areas, homes had a median value of $188,300 in 2012, a decrease from $191,000 in 2011. 
  • In 2012, the median gross rent (rent plus utilities) was $895, an increase from $872 in 2011. Renters in metro areas across the U.S. paid $925 in 2012, not statistically different from $927 in 2011.

Foreign-Born Population 

  • About 9.5 percent of Minneapolis area residents were foreign-born in 2012, which was not statistically different from 9.7 percent in 2011. Among all U.S. metro areas, 14.8 percent of the population was foreign-born, not statistically different from 14.7 percent in 2011.

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