Photo by Willis Stout on Unsplash (https://unsplash.com/@willis_stout)
Edina, Minnesota Retirement Guide
established retirement community
37
Retirement Score
Edina, Minnesota at a Glance
- Median Home Price
- $601,700
- State Income Tax
- State income tax; Social Security and retirement income have income-based partial exemptions.
- Avg January Low
- 23.2°F
- Cost of Living Index
- 97.5 (US avg = 100)
- Best For
- established retirement community
- RetireCityIQ Score
- 37 / 100
Retirement Data
Affordability
Cost of Living Index
97.5 (U.S. avg = 100)Medium confidence
BEA Regional Price Parities · Updated March 2026
Median Home Price
$601,700High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Monthly Rent
$1,700High confidence
U.S. Census ACS 5-Year · Updated April 2026
Taxes
Retirement Tax Score
30 / 100Medium confidence
Tax Foundation · Updated March 2026
Tax Details
State income tax; Social Security and retirement income have income-based partial exemptions.Medium confidence
Tax Foundation · Updated March 2026
Retiree Readiness (Sprint 2)
Care Access Score (proxy)
22.2 / 100High confidence
RetireCityIQ proxy model · Updated April 2026
Aging-in-Place Score (proxy)
45.9 / 100High confidence
RetireCityIQ proxy model · Updated April 2026
Healthcare
Healthcare Access Score
22.2 / 100Medium confidence
CMS Hospital General Information · Updated March 2026
Climate
Avg July High
78.8°FMedium confidence
Open-Meteo Historical Weather (ERA5) · Updated March 2026
Avg January Low
23.2°FMedium confidence
Open-Meteo Historical Weather (ERA5) · Updated March 2026
Annual Precipitation
26"Medium confidence
Open-Meteo Historical Weather (ERA5) · Updated March 2026
Sunny Days / Year
320 daysMedium confidence
Open-Meteo Historical Weather (ERA5) · Updated March 2026
Safety
Safety Score
100 / 100Medium confidence
FBI Crime Data Explorer · Updated March 2026
Walkability
Walk Score (proxy)
11.6 / 100Medium confidence
U.S. Census ACS 5-Year (B08301) · Updated March 2026
Transit Score (proxy)
4.5 / 100Medium confidence
U.S. Census ACS 5-Year (B08301) · Updated March 2026
Demographics
Population
53,037High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Age
44.8High confidence
U.S. Census ACS 5-Year · Updated April 2026
Age 65+
22.7%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Median Household Income
$125,506High confidence
U.S. Census ACS 5-Year · Updated April 2026
Community Profile
Owner-Occupied Housing
70.9%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Veterans
4.3%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Bachelor's Degree+
71.1%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Poverty Rate
4.9%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Diversity
White
83.8%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Black
2.9%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Hispanic/Latino
3.1%High confidence
U.S. Census ACS 5-Year · Updated April 2026
Asian
6.9%High confidence
U.S. Census ACS 5-Year · Updated April 2026
10-Year Housing Stress Test (Estimate)
Estimate monthly homeowner carrying cost in Edina using median home price and adjustable assumptions. Stress case applies +10% property tax, +20% insurance, +10% maintenance.
Estimated monthly carrying cost
$1,304
Stress-case monthly carrying cost
$1,464
Median home price used: $601,700
Median rent reference: $1,700 / month
Estimate includes property tax, insurance, maintenance reserve, and HOA. It excludes mortgage, utilities, and one-time transaction costs.