Living in Edina, Minnesota
Cost of living, income, home prices, rent and demographics of Edina · Census data 2020–2024
Edina has 53,262 residents with a median age of 44.9. The median household income is $128,767 (45% higher than the Minnesota median), the median home value is $646,300, the median rent is $1,844/month.
Edina at a glance
- Population
- 53,262
- Median age
- 44.9State: 38.8
- Median household income
- $128,767State: $89,062
- Median home value
- $646,300State: $329,300
- Median rent
- $1,844/moState: $1,280
- Homeowners
- 72.4%
- Bachelor's degree or higher
- 72.7%
- Average commute
- 20 min
Is Edina a good place to live?
Pros: Median household income 45% higher than the Minnesota median; an average commute of 20 minutes; unemployment of 3.9%; a poverty rate of 4.7%.
Cons: Home values 96% higher than the state median.
The weather is best in June to September.
Cost of living in Edina
Housing is the biggest part of the cost of living. In Edina the median home value is $646,300, 94% higher than the U.S. median. Renters pay a median of $1,844 per month, which is 29.7% of household income. Homeowners with a mortgage pay $3,193 a month in housing costs.
Edina median household income
The median household income in Edina is $128,767 and the income per person is $93,210. 4.7% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Edina: homes for sale and rent
- Housing units
- 24,071
- Owner-occupied
- 72.4%
- Renter-occupied
- 27.6%
- Vacant
- 4.8%Includes seasonal homes
- Median year built
- 1971
- Average household size
- 2.29
Edina demographics
- Population
- 53,262
- Median age
- 44.9
- Under 18
- 22.4%
- 65 and older
- 23%
- Households
- 22,914
- Foreign-born
- 9.4%
- Veterans
- 3.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Edina ›
Education in Edina
72.7% of adults 25 and older in Edina have a bachelor's degree or higher (Minnesota: 39.4%), and 31.1% have a graduate or professional degree.
Jobs and commute in Edina
- Unemployment rate
- 3.9%State: 4.1%
- Average commute
- 20 minState: 23 min
- Work from home
- 29.2%
- Drive alone
- 64.3%
- Public transit
- 0.3%
- Walk to work
- 1.9%
- Homes with broadband
- 93.4%
Edina vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Edina | 53,262 | $128,767 | $646,300 | $1,844 |
| Hopkins | 18,819 | $75,234 | $375,600 | $1,468 |
| Richfield | 36,642 | $85,132 | $344,000 | $1,393 |
| St. Louis Park | 49,594 | $101,648 | $386,800 | $1,644 |
| Bloomington | 88,665 | $93,211 | $361,700 | $1,561 |
| Minnetonka | 53,064 | $119,517 | $475,800 | $1,779 |
| Eden Prairie | 63,051 | $130,489 | $473,900 | $1,833 |
| Minneapolis | 427,246 | $80,846 | $362,200 | $1,371 |
| Golden Valley | 21,725 | $108,772 | $431,400 | $1,785 |
More for people moving to Edina
Edina ZIP code ›Weather and climate ›Living in Edina: FAQ
What is the median household income in Edina, MN?
The median household income in Edina is $128,767, 45% higher than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Edina?
The median home value in Edina is $646,300, compared with $329,300 in Minnesota.
How much is rent in Edina?
The median gross rent in Edina is $1,844 per month, about 29.7% of household income.
Is Edina, MN a good place to live?
Pluses: median household income 45% higher than the Minnesota median; an average commute of 20 minutes; unemployment of 3.9%; a poverty rate of 4.7%. Minuses: home values 96% higher than the state median.
What is the median age in Edina?
The median age in Edina is 44.9 years (Minnesota: 38.8).
How long is the commute in Edina?
The average commute to work in Edina is 20 minutes; 29.2% of workers work from home.
What is the unemployment rate in Edina?
The unemployment rate in Edina is 3.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Edina?
72.7% of adults in Edina have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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