Edina, MN
Population 53,125 · Minnesota
About Edina, MN
Edina is a mid-sized city located in Minnesota with a population of 53,125 residents according to the latest US Census Bureau American Community Survey data. The median household income is $129,225 per year, which is 72% above the national median of $75,149. The median age of 44.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Edina features a median home value of $624,000, which is 155% above the national median of $244,900. This places Edina in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,757, 51% above the national average of $1,163/month. Of the 24,236 total housing units, 72% are owner-occupied (16,513 units) and 28% are renter-occupied (6,292 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Edina shows an unemployment rate of 3.8%, which is near the national rate of 3.7%. The poverty rate stands at 4.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Edina have an average one-way commute time of 20.4 minutes.
Education & Demographics
72.2% of Edina residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.9% White, 1.1% Hispanic or Latino, 0.2% Black or African American, and 1.6% Asian residents, with 10.0% of the population being foreign-born.
How Edina Ranks in Minnesota
Cost of Living in Edina, MN
Compared to national averages, Edina has a median household income of $129,225 (72% above the national median of $75,149). Home values average $624,000, which is 155% above the national median. Monthly rent at $1,757 is 51% above the US average of $1,163. Within Minnesota, Edina's income is 74% above the state average of $74,221, and home values are 205% above the state median of $204,472.
Why Live in Edina, MN?
Edina offers a strong local economy with a median household income of $129,225, well above the national average, and a well-educated community where 72.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.4%, better than the national average. Additionally, the city features short commute times averaging just 20.4 minutes.
Potential considerations include a competitive housing market where the typical home costs $624,000. However, as a mid-sized city, Edina provides access to a wide range of amenities and services.
Edina has a population of 53,125 with a median age of 44.8 years. Compare Edina with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Edina
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Minnetonka | 53,256 | $120,496 | $456,200 | Compare |
| Apple Valley | 55,696 | $99,277 | $354,200 | Compare |
| St. Louis Park | 49,541 | $100,250 | $371,600 | Compare |
| Shakopee | 45,002 | $110,989 | $361,400 | Compare |
| Mankato | 44,882 | $64,826 | $250,600 | Compare |
| Moorhead | 44,706 | $69,371 | $246,300 | Compare |
| Eden Prairie | 63,249 | $127,732 | $463,300 | Compare |
| Coon Rapids | 63,348 | $86,618 | $287,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Edina With Other Cities
Frequently Asked Questions about Edina
What is the population of Edina, MN?
The population of Edina, MN is 53,125 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Minnesota.
What is the median household income in Edina?
The median household income in Edina, MN is $129,225 per year, which is 72% above the national median of $75,149.
What is the median home value in Edina?
The median home value in Edina, MN is $624,000, which is 155% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Edina?
The median monthly rent in Edina, MN is $1,757, which is 51% above the national average of $1,163/month.
What is the unemployment rate in Edina?
The unemployment rate in Edina, MN is 3.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Edina, MN a good place to live?
Edina offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 53,125 and a median age of 44.8, the city appeals to a broad range of residents.
How educated is Edina, MN?
72.2% of residents in Edina aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Edina?
Key cost-of-living indicators for Edina, MN: median home value is $624,000 (155% above national), median rent is $1,757/month, and median household income is $129,225. The home-value-to-income ratio is 4.8x, a moderate figure by national standards.
What is the poverty rate in Edina?
The poverty rate in Edina, MN is 4.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Edina, MN?
Edina's population is 1.9% White, 1.1% Hispanic or Latino, 0.2% Black or African American, 1.6% Asian, and 2.6% two or more races. 10.0% of residents are foreign-born.