Living in Medina, Minnesota

Cost of living, income, home prices, rent and demographics of Medina · Census data 2020–2024

Medina has 6,968 residents with a median age of 40.7. The median household income is $230,859 (159% higher than the Minnesota median), the median home value is $736,700, the median rent is $1,429/month.

Medina at a glance

Population
6,968
Median age
40.7State: 38.8
Median household income
$230,859State: $89,062
Median home value
$736,700State: $329,300
Median rent
$1,429/moState: $1,280
Homeowners
92.2%
Bachelor's degree or higher
67.4%
Average commute
26 min

Is Medina a good place to live?

Pros: Median household income 159% higher than the Minnesota median; unemployment of 1.1%.

Cons: Home values 124% higher than the state median; an average commute of 26 minutes; a poverty rate of 10.3%.

The weather is best in June to September.

Cost of living in Medina

Housing is the biggest part of the cost of living. In Medina the median home value is $736,700, 121% higher than the U.S. median. Renters pay a median of $1,429 per month, which is 21.9% of household income. Homeowners with a mortgage pay $3,518 a month in housing costs.

Median home value

Medina$736,700
Minnesota$329,300
United States$332,700

Median monthly rent

Medina$1,429
Minnesota$1,280
United States$1,413

Medina median household income

The median household income in Medina is $230,859 and the income per person is $115,447. 10.3% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Medina$230,859
Minnesota$89,062
United States$80,734

Housing in Medina: homes for sale and rent

Housing units
2,412
Owner-occupied
92.2%
Renter-occupied
7.8%
Vacant
3.2%Includes seasonal homes
Median year built
2000
Average household size
2.98

Medina demographics

Population
6,968
Median age
40.7
Under 18
34%
65 and older
11.4%
Households
2,335
Foreign-born
11%
Veterans
2.4%Adults 18+

Race and ethnicity

White80.4%
Hispanic or Latino0.5%
Black6.1%
Asian11.4%

Hispanic or Latino can be of any race. Population history of Medina ›

Education in Medina

67.4% of adults 25 and older in Medina have a bachelor's degree or higher (Minnesota: 39.4%), and 30.5% have a graduate or professional degree.

Bachelor's degree or higher

Medina67.4%
Minnesota39.4%
United States35.7%

Jobs and commute in Medina

Unemployment rate
1.1%State: 4.1%
Average commute
26 minState: 23 min
Work from home
41.5%
Drive alone
50.8%
Public transit
0.4%
Walk to work
0.5%
Homes with broadband
99.4%

Medina vs nearby towns

TownPopulationMedian incomeHome valueRent
Medina6,968$230,859$736,700$1,429
Loretto784$114,167$361,500$630
Long Lake1,728$109,063$422,600$1,809
Corcoran7,302$133,423$569,400—
Maple Plain1,701$93,750$359,900$1,140
Plymouth79,220$136,534$491,200$1,766
Wayzata4,354$131,614$1,153,400$1,782
Orono8,195$173,527$1,004,500$1,818
Woodland477$190,000$1,185,300—

More for people moving to Medina

Medina ZIP code ›Weather and climate ›

Living in Medina: FAQ

What is the median household income in Medina, MN?

The median household income in Medina is $230,859, 159% 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 Medina?

The median home value in Medina is $736,700, compared with $329,300 in Minnesota.

How much is rent in Medina?

The median gross rent in Medina is $1,429 per month, about 21.9% of household income.

Is Medina, MN a good place to live?

Pluses: median household income 159% higher than the Minnesota median; unemployment of 1.1%. Minuses: home values 124% higher than the state median; an average commute of 26 minutes; a poverty rate of 10.3%.

What is the median age in Medina?

The median age in Medina is 40.7 years (Minnesota: 38.8).

How long is the commute in Medina?

The average commute to work in Medina is 26 minutes; 41.5% of workers work from home.

What is the unemployment rate in Medina?

The unemployment rate in Medina is 1.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Medina?

67.4% of adults in Medina 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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