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Munkkivuori - Niemenmäki

00350 · Helsinki · Uusimaa

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00350 Munkkivuori - Niemenmäki

In brief

Munkkivuori - Niemenmäki (00350) has 9,914 residents, 1% of the population of Helsinki. The age structure is close to Helsinki's: 29% of residents are aged 16 to 34 and 17% are 65 or over. 58% of households are people living alone and 17% are families with children.

Almost all homes are in blocks of flats (96%). Homes are smaller on average than in Helsinki (53.8 m² against 62.6 m²). 56% of households rent their home, about the same as in Helsinki (54%). An old one-bedroom flat sells for €3,861 per m² on average, 20% less than the average in Helsinki. The price per m² has fallen by 11% since 2020. The price equals 14.9 years of rent at €21.63 per m² a month in new leases.

The median disposable monetary income of residents is €30,611 a year, about €2,551 a month: 5% higher than in Helsinki and 16% higher than in Finland as a whole. 9% of the labour force is unemployed, less than in Helsinki (12%). The area has 1,541 jobs; the largest industry is health and social work (26%). More common than usual is wholesale and retail trade: 26% of jobs (Helsinki: 9%).

The number of residents has grown by 7% since 2014, at the same pace as in Helsinki.

Rank among the city's areas

  • Average home size

    53.8 m²

    15th smallest of 83 areas in Helsinki

    Helsinki 62.6 m²

  • Living alone

    58%

    16th highest of 83 areas in Helsinki

    Helsinki 51%

Key figures

Residents and households 2024, prices and rents latest quarters

Price per m², 1 bedroom
€3,861
-10.7% since 2020
Helsinki€4,809
Rent per m², 1 bedroom
€21.63
Figure for Helsinki 2
Helsinki€21.08
Residents
9,914
+7.5% since 2014
Mean age41.0
Disposable monetary income, median
€30,611
+33.7% since 2014
a year, about €2,551 a month
Helsinki€29,159
Finland€26,351
Households renting
56%
of 5,799 households
Helsinki54%
Finland38%
University or college degree
56%
of residents aged 18 or over
Helsinki48%
Finland36%

Housing costs

An old one-bedroom flat sells for €3,861 per m² on average, 20% less than the average in Helsinki. The price per m² has fallen by 11% since 2020.

Price per m²

€3,861

Postal code area 00350
Sales of old flats in blocks of flats, 2026 Q1, 11 sales

Rent per m² a month

€21.63

Figure for Helsinki 2
New leases, non-subsidised flats, 2026 Q3

Helsinki: €21.08

Middle half of sales, € per m²

Munkkivuori - Niemenmäki€3,861Helsinki €4,809
€4,488 – €6,131Figure for Helsinki 2, 2026 Q2
Price-to-rent ratio
14.9 years
Helsinki: 19.0
Gross rental yield
6.7%
Helsinki: 5.3%
Middle half of rents, € a month
898–€1,149
Figure for Helsinki 2, 2026 Q3
Maintenance charge
€5.90
Average per m² a month, Greater Helsinki, 2025
Change a year
10 yrs5 yrsPrice+0.7%-3.3%Rent+0.6%+0.1%
Average of the price index (Helsinki 2) and rent index (Helsinki)

Source: Statistics Finland

Price per m² by flat sizeStudio1 bedroom2+ bedrooms

Yearly average price of old flats in blocks of flats in this postal code area. Gaps are years with too few sales to publish. Source: Statistics Finland.

Rent, right of occupancy or buy?Enter a flat in this area and see which option comes out ahead, year by year.Compare here

Compared with the other areas

In none of these 9 figures is the area among the three highest or lowest postal code areas of Helsinki.

  • Price per m², 1 bedroom40/68

    €1,798Siltamäki
    Helsinki €4,809Munkkivuori - Niemenmäki €3,861
    €7,966Kalasatama - Sompasaari
    €1,798Siltamäki€7,966Kalasatama - Sompasaari

  • Median disposable income40/83

    €23,045Kontula - Vesala - Kivikko
    Helsinki €29,159Munkkivuori - Niemenmäki €30,611
    €42,006Tammisalo
    €23,045Kontula - Vesala - Kivikko€42,006Tammisalo

  • Households renting41/83

    7%Paloheinä
    Helsinki 54%Munkkivuori - Niemenmäki 56%
    87%Keski-Herttoniemi - Roihupelto
    7%Paloheinä87%Keski-Herttoniemi - Roihupelto

  • Aged 16 to 3428/83

    11%Tammisalo
    Helsinki 28%Munkkivuori - Niemenmäki 29%
    49%Sörnäinen - Harju
    11%Tammisalo49%Sörnäinen - Harju

  • Aged 65 or over57/83

    2%Santahamina
    Helsinki 18%Munkkivuori - Niemenmäki 17%
    26%Tapaninvainio
    2%Santahamina26%Tapaninvainio

  • Families with children56/83

    4%Sörnäinen - Harju
    Helsinki 19%Munkkivuori - Niemenmäki 17%
    38%Torpparinmäki
    4%Sörnäinen - Harju38%Torpparinmäki

  • University or college degree29/83

    21%Jakomäki - Alppikylä
    Helsinki 48%Munkkivuori - Niemenmäki 56%
    69%Tammisalo
    21%Jakomäki - Alppikylä69%Tammisalo

  • Unemployment50/83

    4%Santahamina
    Helsinki 12%Munkkivuori - Niemenmäki 9%
    23%Kontula - Vesala - Kivikko
    4%Santahamina23%Kontula - Vesala - Kivikko

  • Average home size69/83

    39.4 m²Sörnäinen - Harju
    Helsinki 62.6 m²Munkkivuori - Niemenmäki 53.8 m²
    161.2 m²Östersundom
    39.4 m²Sörnäinen - Harju161.2 m²Östersundom

Residents

Age

The age structure is close to Helsinki's: 29% of residents are aged 16 to 34 and 17% are 65 or over.

Munkkivuori - NiemenmäkiHelsinki

Source: Statistics Finland, Paavo, statistics year 2024 · Share of residents in each age group.

Main activity

Employed people make up 52% of residents, more than in Helsinki (48%).

  • Munkkivuori - Niemenmäki52%18%13%
  • Helsinki48%19%14%
  • Finland43%26%15%

  • Employed52%
  • Unemployed5%
  • Students9%
  • Pensioners18%
  • Children aged 0–1413%
  • Other3%

Source: Statistics Finland, Paavo, statistics year 2024 · Share of all residents. Unemployment is counted for ages 16 to 64.

Mean age
41.0
Helsinki: 41.0
Unemployed, share of the labour force
9%
Helsinki: 12%
Household size
1.7
Helsinki: 1.8
Floor area per person
32.2 m²
Helsinki: 34.3 m²

Households and homes

Tenure

56% of households rent their home, about the same as in Helsinki (54%).

  • Munkkivuori - Niemenmäki44%56%
  • Helsinki45%54%
  • Finland61%38%

  • Owner-occupied44%
  • Rented56%
  • Other or unknown1%

Source: Statistics Finland, Paavo, statistics year 2024 · Share of households.

Dwellings

Almost all homes are in blocks of flats (96%). Homes are smaller on average than in Helsinki (53.8 m² against 62.6 m²).

  • Munkkivuori - Niemenmäki96%
  • Helsinki87%12%
  • Finland48%50%

  • Blocks of flats96%
  • Detached, semi-detached and terraced houses2%
  • Other buildings2%

Source: Statistics Finland, Paavo, statistics year 2024 · Share of dwellings by building type.

Household types

58% of households are people living alone and 17% are families with children.

Munkkivuori - NiemenmäkiHelsinki

  • Living alone58%, Helsinki 51%
  • Living alone, under 3520%, Helsinki 17%
  • Couple under 35, no children6%, Helsinki 6%
  • With children17%, Helsinki 19%
  • With a child under 33%, Helsinki 5%
  • Single parent5%, Helsinki 5%
  • All members aged 18–6460%, Helsinki 57%
  • At least one member 65 or over23%, Helsinki 25%

Source: Statistics Finland, Paavo, statistics year 2024 · Share of households. A household can belong to several types.

Average dwelling size
53.8 m²
Helsinki: 62.6 m²
Dwellings
6,414
Summer cottages
0

Education and income

Highest qualification

56% of adults have a university or college degree, more than in Helsinki (48%).

  • Munkkivuori - Niemenmäki14%12%18%27%29%
  • Helsinki21%11%20%23%25%
  • Finland22%36%22%13%

  • Basic education or unknown14%
  • Matriculation examination12%
  • Vocational qualification18%
  • Bachelor's or lowest tertiary27%
  • Master's or higher29%

Source: Statistics Finland, Paavo, statistics year 2024 · Share of residents aged 18 or over.

Income groups

31% of adults are in the highest-earning fifth of Finland, more than in Finland as a whole (20%).

  • Munkkivuori - Niemenmäki17%52%31%
  • Helsinki20%52%29%
  • Finland20%60%20%

  • Lowest 20% in Finland17%
  • Middle 60%52%
  • Highest 20%31%

Source: Statistics Finland, Paavo, statistics year 2024 · Share of residents aged 18 or over in the national income tenths. In Finland as a whole the groups hold 20%, 60% and 20%.

Inhabitants' disposable monetary income, median
€30,611
a year, about €2,551 a month
Helsinki: €29,159
Households' disposable monetary income, median
€36,963
a year, about €3,080 a month
Helsinki: €39,597
University or college degree
56%
Helsinki: 48%

Jobs

The area has 1,541 jobs; the largest industry is health and social work (26%). More common than usual is wholesale and retail trade: 26% of jobs (Helsinki: 9%).

Largest industries

Munkkivuori - NiemenmäkiHelsinki

  • Health and social work26%, Helsinki 15%
  • Wholesale and retail trade26%, Helsinki 9%
  • Education11%, Helsinki 6%
  • Accommodation and food services7%, Helsinki 4%
  • Information and communication6%, Helsinki 11%
  • Professional, scientific and technical6%, Helsinki 11%

Source: Statistics Finland, Paavo, statistics year 2024 · Share of jobs with a known industry.

Jobs located here
1,541
Jobs per resident
0.16
People working in the area divided by people living there
Helsinki: 0.63

Sectors

  • Munkkivuori - Niemenmäki95%
  • Helsinki90%
  • Finland20%77%

  • Primary production0%
  • Industry and construction5%
  • Services95%

Source: Statistics Finland, Paavo, statistics year 2024

Change since 2010

The number of residents has grown by 7% since 2014, at the same pace as in Helsinki. Median income has risen by 34% since 2014, at the same pace as in Helsinki.

Residents

Permanent residents at the end of each year. Source: Statistics Finland, Paavo.

Disposable monetary income, medianMunkkivuori - NiemenmäkiHelsinkiFinland

Income after taxes and compulsory payments, transfers received included. Euros of each year, not adjusted for inflation. Source: Statistics Finland, Paavo.

Neighbouring areas

Definitions and sources

Residents
People whose permanent home was in the area on 31 December, placed by the coordinates of their building. About 1% of residents have no coordinates and appear only in city figures.
Income
Disposable money income of residents aged 18 or over: earnings, entrepreneurial and property income and received transfers, minus taxes and other paid transfers. In euros of the year.
Households
People living permanently in the same dwelling. Household types overlap.
Prices
Average debt-free prices per m² of old flats in housing companies. A postal code area with too few sales gets the figure of its price area or city.
Rents
Average rents per m² of non-subsidised flats in new leases, by rent area.
Small areas
Statistics Finland withholds details of areas with fewer than 30 residents, households or adults, with fewer than 10 dwellings or only one building, or with fewer than 10 jobs.

Source: Statistics Finland: postal code area statistics (Paavo) 2024, prices of old dwellings, rents of dwellings (CC BY 4.0).