Edina, Minnesota Median Income

Edina, Minnesota has a population of 53,500, with a median household income of $118,400.

Current median income data for Edina.

$118,400

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Population

53,500

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Median Income

$118,400

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Unemployment

2.60%

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Housing Price

$625,000

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Crime Rate

19.80

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Internet Speed

1000.00 Mbps

Edina is a smaller urban community located in Minnesota. The city has a population that is above the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Edina is a notable city in Minnesota, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Edina has a population of 53,500, which is higher than the state average. This indicates a relatively larger urban presence within Minnesota.

Income and Economy

The median household income in Edina is $118,400, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Edina average around $625,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Edina is 2.60%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Edina are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Minnesota, Edina shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Minnesota, Edina contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Edina

What is the population of Edina?

The population of Edina is approximately 53,500.

Is Edina a good place to live?

Edina offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Edina?

The median household income in Edina is around $118,400.

How expensive is housing in Edina?

The average housing price in Edina is approximately $625,000.