Most Expensive Edina Neighborhoods
Edina is a medium-sized city located in the state of Minnesota. With a population of 49,596 people and 14 constituent neighborhoods, Edina is the 19th largest community in Minnesota.
Edina home prices are not only among the most expensive in Minnesota, but Edina real estate also consistently ranks among the most expensive in America.
Edina is a decidedly white-collar city, with fully 92.52% of the workforce employed in white-collar jobs, well above the national average. Overall, Edina is a city of professionals, managers and sales and office workers. There are especially a lot of people living in Edina who work in management occupations (17.72%), sales jobs (12.51%) and business and financial occupations (10.38%).
Also of interest is that Edina has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Edina is also a city of artists. Edina has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Edina’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.01% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Edina is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Do you like to read, write and learn? If you move to Edina, you'll likely find that many of your neighbors like to as well. Edina is one of the more educated communities in America, with a full 67.91% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Edina in 2010 was $61,438, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $245,752 for a family of four.
Edina is a somewhat ethnically-diverse city. The people who call Edina home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Edina residents report their race to be White, followed by Asian. Important ancestries of people in Edina include German, Norwegian, Irish, Swedish, English and French.
The most common language spoken in Edina is English. Other important languages spoken here include Spanish and Other Asian languages.
|NUMBER OF HOMES AND APARTMENTS||20,833|
|EDINA HOME OWNERSHIP|
|% OWNER OCCUPIED||72.73%|
|% RENTER OCCUPIED||27.28%|
|TYPE OF EDINA HOMES|
|SINGLE FAMILY DETACHED||56.44%|
|ROWHOUSES AND ATTACHED HOMES||6.35%|
|SMALL APARTMENT BUILDINGS||2.37%|
|COMPLEXES OR HIGH RISE APARTMENTS||34.43%|
|SIZE OF EDINA HOMES|
|5 OR MORE BEDROOMS||9.92%|
|AGE OF EDINA HOMES|
|NEWER HOMES (2000 OR LATER)||6.97%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||36.39%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||48.48%|
|HISTORIC (1939 OR BEFORE)||8.16%|
|EDINA REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$460,687|
|MEDIAN RENTAL PRICE||$1,391|
|HOME VALUE RANGE|
|$0 - $59,000||2.39%|
|$59,001 - $119,000||4.54%|
|$119,001 - $238,000||12.47%|
|$238,001 - $357,000||13.37%|
|$357,001 - $476,000||18.52%|
|$476,001 - $594,000||15.11%|
|$594,001 - $892,000||16.51%|
|$892,001 - $1,189,000||9.07%|
|PEOPLE OF EDINA||DETAILS|
|UNDER 5 YEARS||5.34%|
|5 TO 17||19.21%|
|18 TO 24||4.79%|
|25 TO 34||9.43%|
|35 TO 54||27.25%|
|55 TO 64||13.72%|
|65 YEARS AND OVER||20.26%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||97.96%|
|MEDIAN HOUSEHOLD INCOME||$86,968|
|PER CAPITA INCOME||$61,438|
|INDIVIDUALS BELOW POVERTY LEVEL||4.21%|
|INDUSTRIES PEOPLE WORK IN||Professional, scientific, and technical services (16.08%)
Real estate (3.10%)
Information Technology (2.60%)
|BLACK OR AFRICAN AMERICAN||2.16%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.64%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||1.43%|
|TWO OR MORE RACES||2.27%|
|HISPANIC OR LATINO (OF ANY RACE)||3.17%|
|ETHNICITIES PRESENT||German (26.06%)
|LANGUAGES SPOKEN||English (88.08%)
Other Asian languages (2.06%)
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