About Eden Prairie, MN (Round Lake Park)


Real Estate Prices and Overview

Round Lake Park median real estate price is $478,904, which is more expensive than 87.2% of the neighborhoods in Minnesota and 73.7% of the neighborhoods in the U.S.

The average rental price in Round Lake Park is currently $2,155, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 88.7% of the neighborhoods in Minnesota.

Round Lake Park is a suburban neighborhood (based on population density) located in Eden Prairie, Minnesota.

Round Lake Park real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Round Lake Park neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Round Lake Park, the current vacancy rate is 0.8%, which is a lower rate of vacancies than 92.9% of all neighborhoods in the U.S. This means that the housing supply in Round Lake Park is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Eden Prairie, the Round Lake Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Notable & Unique: People

If you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Round Lake Park neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 97.0% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Round Lake Park neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives, active retirees and families with school-aged children.

In addition, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 96.3% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Round Lake Park neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.

Notable & Unique: Real Estate

Most neighborhoods are composed of a mixture of ages of homes, but the Round Lake Park stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 87.0% of the residential real estate here was built in this one time period.

In addition, one way that the Round Lake Park neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.5% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Notable & Unique: Diversity

Did you know that the Round Lake Park neighborhood has more Norwegian and Finnish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.5% of this neighborhood's residents have Norwegian ancestry and 1.8% have Finnish ancestry.


The Neighbors

The Neighbors: Income

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Round Lake Park neighborhood in Eden Prairie are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 91.2% of the neighborhoods in America. In addition, 2.3% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 75.3% of America's neighborhoods.

The Neighbors: Occupations

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Round Lake Park neighborhood, 56.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 21.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.9%), and 5.5% in manufacturing and laborer occupations.

The Neighbors: Languages

The most common language spoken in the Round Lake Park neighborhood is English, spoken by 93.4% of households.

The Neighbors: Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Round Lake Park neighborhood in Eden Prairie, MN, residents most commonly identify their ethnicity or ancestry as German (23.1%). There are also a number of people of Norwegian ancestry (15.5%), and residents who report Irish roots (13.5%), and some of the residents are also of English ancestry (11.7%), along with some Swedish ancestry residents (6.3%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Round Lake Park neighborhood spend between 15 and 30 minutes commuting one-way to work (43.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (86.7%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (7.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Neighborhood Real Estate Data

Analytics built by:   Location, Inc.

Raw data sources:   National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

 

Median Home Value:
Locked

Median Real Estate Taxes:
Locked ( effective rate)

Neighborhood Home Prices

blankimg

Rental Market

 

Average Market Rent:
/ per month

GROSS RENTAL YIELD:
Locked

MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

blankimg
blankimg

Setting

 
blankimg

Neighborhood Look and Feel

blankimg

Housing Market Details

 

AGE OF Eden Prairie, MN (Round Lake Park) HOMES

blankimg

TYPE OF Eden Prairie, MN (Round Lake Park) HOMES

blankimg

SIZE OF Eden Prairie, MN (Round Lake Park) HOMES

blankimg

SIZE OF Eden Prairie, MN (Round Lake Park) HOMES

blankimg

homeownership

 
blankimg

Neighborhood Demographics Data

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.

Date(s) & Update Frequency:   2020 (latest available). Updated annually. Please note: Unemployment data updated February 2022.

Methodology:   Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more about Scout's Demographic Data

Lifestyle

 
blankimg

Special character

 
blankimg

Age / Marital Status

 

Gender Ratio

blankimg

Military & College Status

 
blankimg

Employment Industries in Round Lake Park

 
blankimg

Commute to work

 

Means Of Transport blankimg

Vehicles Per Household

blankimg

Migration & Mobility

 

Race & Ethnic Diversity

 

Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

blankimg

Occupations

 

Ancestries & Languages Spoken

 

Ancestry (top 20)

blankimg

Languages Spoken (top 20)

blankimg

Unemployment Rate

 
blankimg

Average Income

 

Per Capita Income

blankimg

Median Household Income

blankimg

Education

 

Percent with College Degree

blankimg

Percent with Advanced Degree

blankimg

Income & Education

 
blankimg

Neighborhood Crime Data

Analytics built by:   Location, Inc.

Raw data sources:   18,000 local law enforcement agencies in the U.S.

Date(s) & Update Frequency:   Reflects 2020 calendar year; released from FBI in Sept. 2021 (latest available). Updated annually. Where is 2021 data?

Methodology:   Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more about Scout's Crime Data

Neighborhood Crime Data

 

total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type

Murder
Index
Rape
Index
Robbery
Index
Assault
Index

100 is safest

100 is safest

100 is safest

100 is safest

Violent Crime Comparison (per 1,000 residents)

20 15 10 5 0
LOCKED
LOCKED
2.75
National Median: 4
    Round Lake Park
    Eden Prairie
    Minnesota

My Chances of Becoming a Victim of a Violent Crime

1 in

in Round Lake Park

1 in

in Eden Prairie

1 in 364

in Minnesota

Eden Prairie VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

United States VIOLENT CRIMES

Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

Property Crime Comparison (per 1,000 residents)

100 75 50 25 0
LOCKED
LOCKED
21.07
National Median: 19
    Round Lake Park
    Eden Prairie
    Minnesota

My Chances of Becoming a Victim of a Property Crime

1 in

in Round Lake Park

1 in

in Eden Prairie

1 in 47

in Minnesota

Eden Prairie Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

United States Property CRIMES

Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

Crimes Per Square Mile

200 150 100 50 0
LOCKED
LOCKED
22
National Median: 26.9
    Round Lake Park
    Eden Prairie
    Minnesota

Neighborhood Public School Data

Analytics built by:   Location, Inc.

Raw data sources:
  • Test Scores: Edfacts (U.S. Department of Education), State departments of education.
  • Expenditures: National Center for Education Statistics.
  • Educational Environment: American Community Survey (U.S. Census Bureau).
Date(s) & Update Frequency:
  • Due to Covid-19, standardized testing did not take place during the 2019-2020 academic school year. Test data: Reflects 2018 – 2019 school year.
  • Expenditures: 2018
  • Educational Environment: 2019 (latest available). Updated annually.
  • All data updated June 2021

Methodology:   Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more about Scout's School Data

School Rating Information

 

School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that serve this neighborhood. Info

Schools That Serve This Neighborhood

 
School Details Grades Quality Rating Compared to MN* Quality Rating Compared to Nation*
Alc Eden Prairie Hs-Is School
17185 Valley View Rd
Eden Prairie, MN 55346
09-12
Alc Eden Prairie High School Is
17185 Valley View Rd
Eden Prairie, MN 55346
07-12
Minnetonka East Middle School
17000 Lake St Extension
Minnetonka, MN 55345
06-08
Minnetonka Senior High School
18301 Hwy 7
Minnetonka, MN 55345
09-12
Scenic Heights Elementary School
5650 Scenic Heights Dr
Minnetonka, MN 55345
KG-05
Central Middle School
8025 School Rd
Eden Prairie, MN 55344
07-08
Eden Prairie Senior High School
17185 Valley View Rd
Eden Prairie, MN 55346
09-12
Forest Hills Elementary School
13708 Holly Rd
Eden Prairie, MN 55346
KG-06
Prairie View Elementary School
17255 Peterborg Rd
Eden Prairie, MN 55346
KG-06
* 10 is highest

Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 2 districts:

MINNETONKA PUBLIC SCHOOL DISTRICT


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to Minnesota

(10 is best)

Better than of MN school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT

SEE ALL SCHOOLS

Schools In This District

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
Instructional Expenditures
Support Expenditures
Student
Staff
General Administration
School Administration
Operation
Transportation
Other
Total Support
Non-instructional Expenditures
Total Expenditures

EDEN PRAIRIE PUBLIC SCHOOL DISTRICT


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to Minnesota

(10 is best)

Better than of MN school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

GET FULL REPORTS FOR ANY SCHOOL IN THIS DISTRICT

SEE ALL SCHOOLS

Schools In This District

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
Instructional Expenditures
Support Expenditures
Student
Staff
General Administration
School Administration
Operation
Transportation
Other
Total Support
Non-instructional Expenditures
Total Expenditures

comparable neighborhoods nearby