Pros and Cons of Living In Edina, Minnesota. Is Edina, MN a Nice Place To Live or Retire?

Edina, Minnesota

Moving to Edina In Minnesota ? Is Edina, MN a Nice Place To Live? Pros and Cons of Living in Edina, Minnesota. Find out the best and worst about to live, raise a family or retire in Edina.

Edina (locally ee-DY-nə, ih-DY-nə) is a city in Hennepin County, Minnesota, United States and a first-ring suburb of Minneapolis. The population was 53,494 at the 2020 census, making it the 18th most populous city in Minnesota.

Edina began as a small farming and milling community along Minnehaha Creek in the 1860s and became one of Minneapolis's first incorporated suburbs in 1888. After years of being a streetcar suburb, Edina saw expanded development as a car-centric suburb in the 1950s and 1960s.

The city is known for its shopping, parks, and high quality of life and...

DEMOGRAPHICS

Population
52215
Unemployment
3.3%
30% NAT AVG.
Poverty
4.7%
66% NAT AVG.
Cost Of Living
135
35% NAT AVG.

ECONOMICS

Median Home Cost
$501400
118% NAT AVG.
Median Income
$108576
61% NAT AVG.
Median Rent
$1442
24% NAT AVG.
Overall Score
10

CRIME REPORT

Total Crime
975
22% NAT. AVG.
24% STATE AVG.
Violent Crime
43
79% NAT. AVG.
71% STATE AVG.
Property Crime
932
11% NAT. AVG.
18% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 21
Unemployed People
1 in 30
People Earning < $10,000
1 in 32
People Earning < $50,000
25.4%
People With Any Degree
1 in 1.3

ETHNICITY

Ethnicity Edina USA
White 84% 60.1%
African American 2.7% 12.2%
American Indian 0.2% 0.6%
Asian 6.4% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.4% 2.8%
Hispanic 3.1% 18.2%
Other 0.2% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Edina USA
Less than $10,000 3.1% 5.8%
$10,000 to $14,999 1.5% 4.1%
$15,000 to $24,999 7.1% 8.5%
$25,000 to $34,999 4.9% 8.6%
$35,000 to $49,999 8.8% 12.0%
$50,000 to $74,999 11.9% 17.2%
$75,000 to $99,999 9.4% 12.8%
$100,000 to $149,999 17.5% 15.6%
$150,000 to $199,999 9.3% 7.1%

EDUCATION

Education Edina USA
< 9th Grade 1% 5.0%
9-12th Grade 1% 7.0%
High School or GED 8% 27.0%
Other College 13% 20.0%
Associate's Degree 6% 9%
Bachelor's Degree 40% 20.0%
Master's Degree 19% 9.0%
Professional Degree 8% 2.0%
Doctorate Degree 4% 1.0%
Edina is a city in Minnesota state in USA with a population of 52215 residents.. The poverty rate of Edina is 4.7%, which is 66% lower than national average. The typical household in Edina earns $108576 a year, compared to the national median of $67,500. Nearly 25.4% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Edina remained 3.3%, which is 30% lower than national rate.

Cost of living in Edina is 135, which is 35% higher than national average. In Edina, only 71% of adults have a bachelor's degree and 19% have some college but no degree. Median home value in Edina is $501400 , which is 118% higher than national average. While median income in Edina remained $108576, which is 61% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Edina Scorecard

Jobs90%

Housing90%

Affordability70%

Safety80%

Amenities90%

Diversity70%

Education100%

THANKS FOR READING

Read this story and other stories in details on our Website.