Population 3,413 · Census ACS 2020–24
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Median age by neighborhoodHistory and comparison ↓︎
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Population and households in Ericsson
Household size in Ericsson
| Period | Ericsson | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.25 | 2.58 | 2.52 | 2.68 |
| 2010–14 | 2.26 | 2.61 | 2.54 | 2.73 |
| 2015–19 | 2.28 | 2.63 | 2.55 | 2.71 |
| 2020–24 | 2.26 | 2.58 | 2.52 | 2.65 |
| Change | +0.00 | −0.00 | +0.00 | −0.03 |
Households in Ericsson are small: just 2.26 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Ericsson
| Period | Ericsson | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 39.5 | 36.8 | 37.9 | 37.7 |
| 2010–14 | 40.1 | 37.8 | 38.9 | 38.6 |
| 2015–19 | 40.8 | 38.6 | 39.6 | 39.6 |
| 2020–24 | 41.7 | 39.2 | 40.0 | 40.1 |
| Change | +2.2 | +2.5 | +2.1 | +2.3 |
The median resident of Ericsson is 41.7 years old, a bit older than the national median of 40.1. Since 2006–10, the median age has climbed from 39.5, but in a place this small, much of that may be survey noise rather than real change. Ericsson is older than the great majority of Minneapolis neighborhoods.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Ericsson
| Period | Ericsson | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 6.5% | 10.2% | 9.9% | 12.3% |
| 2010–14 | 10.1% | 10.6% | 10.2% | 12.3% |
| 2015–19 | 7.1% | 9.9% | 9.7% | 11.6% |
| 2020–24 | 2.7% | 9.8% | 9.6% | 11.6% |
| Change | −3.8 pts | −0.4 pts | −0.3 pts | −0.6 pts |
Single-parent households are relatively rare in Ericsson: 2.7% of households, against 11.6% nationally. Of Minneapolis' 60 neighborhoods, only three have a lower share of single-parent households.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Ericsson
Renters in Ericsson
| Period | Ericsson | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 14.0% | 27.3% | 25.8% | 33.3% |
| 2010–14 | 14.7% | 29.6% | 27.9% | 35.6% |
| 2015–19 | 18.9% | 30.0% | 28.4% | 36.0% |
| 2020–24 | 15.6% | 29.3% | 27.8% | 34.8% |
| Change | +1.7 pts | +2.0 pts | +2.0 pts | +1.5 pts |
Only 15.6% of households in Ericsson rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 27.4% have no mortgage at all, well below the national share of 39.8%. Ericsson has a lower share of renters than the great majority of Minneapolis neighborhoods.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Ericsson
| Period | Ericsson | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 4.7% | 7.0% | 9.2% | 11.4% |
| 2010–14 | 6.6% | 6.2% | 9.0% | 11.4% |
| 2015–19 | 2.0% | 5.5% | 8.7% | 11.1% |
| 2020–24 | 8.3% | 5.7% | 8.3% | 9.6% |
| Change | +3.6 pts | −1.3 pts | −0.9 pts | −1.8 pts |
About as many homes sit empty in Ericsson as nationally: 8.3%, against 9.6%. The rate is higher than in the wider Minneapolis area (5.7%).
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Ericsson
| Period | Ericsson | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 1938 | 1975 | 1973 | 1974 |
| 2010–14 | 1939 | 1976 | 1974 | 1975 |
| 2015–19 | 1940 | 1977 | 1975 | 1977 |
| 2020–24 | 1947 | 1980 | 1978 | 1980 |
| Change | +9 | +4 | +5 | +6 |
Ericsson is a place of older homes: half were built before 1947, while the national median is 1980. That means established neighborhoods, and more houses that may need updating.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Ericsson
| Period | Ericsson | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | $1,116 | $1,007 | $882 | $965 |
| 2010–14 | $1,020 | $1,077 | $953 | $1,040 |
| 2015–19 | $1,360 | $1,258 | $1,099 | $1,213 |
| 2020–24 | $1,847 | $1,603 | $1,404 | $1,571 |
| Change | +$731 | +$597 | +$522 | +$606 |
Rent in Ericsson runs $1,847 a month at the median, utilities included, above the U.S. median of $1,571. Rent takes 26.1% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent. Ericsson has higher rents than at least four in five Minneapolis neighborhoods.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Ericsson
Bachelor's degrees in Ericsson
| Period | Ericsson | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 47.5% | 37.2% | 32.1% | 28.4% |
| 2010–14 | 56.0% | 39.1% | 33.7% | 29.6% |
| 2015–19 | 63.6% | 41.8% | 36.2% | 32.1% |
| 2020–24 | 65.6% | 45.4% | 39.6% | 35.6% |
| Change | +18.1 pts | +8.1 pts | +7.4 pts | +7.2 pts |
Ericsson is highly educated: about two-thirds of adults 25 and older (65.6%) hold at least a bachelor's degree, far above the national share of 35.6%. Ericsson has a higher share of college graduates than most Minneapolis neighborhoods.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Ericsson
| Period | Ericsson | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 95.6% | 92.4% | 91.4% | 84.9% |
| 2010–14 | 96.9% | 92.9% | 92.2% | 86.1% |
| 2015–19 | 96.1% | 93.5% | 93.0% | 87.7% |
| 2020–24 | 97.5% | 94.0% | 93.7% | 89.3% |
| Change | +1.8 pts | +1.6 pts | +2.3 pts | +4.3 pts |
Finishing high school is nearly universal in Ericsson: 97.5% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%. Ericsson has a higher share of high school graduates than most Minneapolis neighborhoods.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Ericsson
| Period | Ericsson | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 6.6% | 6.7% | 6.5% | 8.1% |
| 2010–14 | 7.4% | 6.8% | 6.5% | 9.4% |
| 2015–19 | 3.1% | 3.6% | 3.7% | 5.6% |
| 2020–24 | 3.0% | 4.0% | 4.1% | 5.4% |
| Change | −3.6 pts | −2.7 pts | −2.4 pts | −2.7 pts |
Unemployment in Ericsson has been low: just 3.0% of the labor force was out of work and looking, well below the national rate of 5.4%. Ericsson has lower unemployment than at least four in five Minneapolis neighborhoods. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Ericsson compared with nearby neighborhoods
| Neighborhood | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Ericsson | 2.26 | 41.7 | 2.7% | 15.6% | 8.3% | 1947 | $1,847 | 65.6% | 97.5% | 3.0% |
| Keewaydin | 2.22 | 42.4 | 5.9% | 11.1% | 6.3% | 1938 | $1,682 | 63.8% | 96.5% | 3.1% |
| Standish | 2.13 | 38.2 | 7.7% | 20.8% | 6.9% | 1938 | $1,419 | 62.8% | 94.1% | 5.1% |
| Hiawatha | 1.98 | 44.2 | 7.5% | 38.4% | 8.7% | 1955 | $1,520 | 58.4% | 96.0% | 3.8% |
| Northrop | 2.32 | 40.0 | 6.1% | 16.1% | 7.3% | 1939 | $1,359 | 69.6% | 95.3% | 4.1% |
| Howe | 2.18 | 40.0 | 9.0% | 23.1% | 6.0% | 1938 | $1,247 | 56.2% | 95.7% | 5.2% |
| Bancroft | 2.39 | 36.3 | 11.1% | 29.0% | 6.0% | 1942 | $1,482 | 57.1% | 92.6% | 6.0% |
| Wenonah | 2.51 | 34.7 | 11.0% | 23.2% | 9.8% | 1954 | $1,281 | 51.6% | 88.5% | 5.1% |
| Minnehaha | 1.90 | 46.5 | 6.3% | 25.0% | 9.1% | 1960 | $1,502 | 71.3% | 96.6% | 2.0% |
| Hale | 2.49 | 39.4 | 5.1% | 13.5% | 7.5% | 1938 | $1,808 | 80.9% | 99.1% | 1.7% |
| Corcoran | 2.47 | 35.6 | 10.3% | 47.3% | 7.2% | 1955 | $1,800 | 50.6% | 75.9% | 3.5% |
All figures 2020–24.
Neighborhoods with similar populations: Galeville, Liverpool, NY · Bryan Downtown Historic District, Bryan, OH · Westinghouse, Charlotte, NC · University Pines, Lubbock, TX · Indian River Park, Mims, FL · Seneca, Buffalo, NY · Harrison, Minneapolis, MN · Nelson, Muskegon, MI · Berkley Estates, Neptune, NJ · Wheatley Heights, Wyandanch, NY
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Ericsson. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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