HomeMinnesotaHennepin CountyEdina city
Edina city, Minnesota: commercial real estate data.
Edina city is a Census city of 53,262 people across 15.46 square miles of land, in Hennepin County. Median household income is $128,767, 72.4 percent of occupied homes are owned, and the SBA record carries 85 7(a) approvals to borrowers here worth $39.0 m.
78 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Edina
What Edina is
- Census place typecity
- Land area15.46 sq mi
- Water area0.5 sq mi
- Population per square mile of land3,446
- County holding the largest share of its areaHennepin County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Edina
How many people live in Edina
- Population53,262
- Median age44.9
- Population under 1811,930
- Share under 1822.4 percent
- Population 65 and over12,226
- Share 65 and over23.0 percent
- Households22,914
- Family households14,393
- Share of households that are families62.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Edina
Income and work in Edina
- Median household income$128,767
- Per capita income$93,210
- Civilian labor force27,288
- Employed26,217
- Unemployed1,071 plus or minus 234
- Unemployment rate3.9 percent plus or minus 0.8
- Adults 25 and over38,467
- Adults 25 and over with a high school diploma or higher98.3 percent
- Adults 25 and over with a bachelor degree or higher72.7 percent
- Adults 25 and over with a graduate degree31.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Edina
Housing in Edina
- Housing units24,071
- Occupied units22,914
- Vacant units1,157 plus or minus 309
- Vacancy rate4.8 percent plus or minus 1.3
- Owner occupied16,586
- Renter occupied6,328
- Ownership rate72.4 percent
- Median owner-occupied home value$646,300
- Median gross rent, monthly$1,844
- Annual rent as a share of median income17.2 percent
- Single family units14,230
- Share single family59.1 percent
- Units in buildings of two or more9,777
- Share in buildings of two or more40.6 percent
- Mobile homes64 plus or minus 73
- Median year structure built1971
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Edina
How Edina gets to work
- Workers 16 and over who commute18,395
- Commuting under 15 minutes6,035
- Share commuting under 15 minutes32.8 percent
- Commuting 30 minutes or more3,274
- Share commuting 30 minutes or more17.8 percent
- Drove alone64.3 percent
- Carpooled3.1 percent plus or minus 0.8
- Public transport0.3 percent plus or minus 0.2
- Walked1.9 percent plus or minus 0.7
- Worked from home29.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Edina
SBA loans in Edina (7(a))
- Approvals85
- Gross approval$39,001,200
- Average approval$458,838
- Median approval$252,000
- Ninetieth percentile approval$1,020,000
- Largest approval$3,402,100
- Jobs supported909
- Jobs per approval10.7
- Loans with a final outcome16
- Paid in full14
- Charged off2
- Charge-off rate over resolved loans12.5 percent
- Median term120 months
- Share on real estate terms of 20 years or more1.2 percent
- Share to franchises15.3 percent
- Distinct lenders30
- Distinct industries by NAICS53
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Edina
SBA loans in Edina (504)
- Approvals20
- Gross approval$22,241,000
- Average approval$1,112,050
- Median approval$522,000
- Largest approval$5,000,000
- Jobs supported393
- Loans with a final outcome10
- Charged off0
- Charge-off rate over resolved loans0.0 percent
- Median term240 months
- Distinct CDCs5
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hennepin County, not Edina
Hennepin County context, not Edina figures
These are Hennepin County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Edina measurements.
- Establishments in Hennepin County40,486
- Employment at those establishments, Hennepin County939,201
- Covered employment, Hennepin County917,117
- Average annual pay, Hennepin County$90,157
- Average weekly wage, Hennepin County$1,734
- Housing units permitted, Hennepin County3,919
- Of those, single family, Hennepin County2,054
- County product, 2024, Hennepin County$193,617,316,000
- County product change over the prior year, Hennepin County5.1 percent
- Average income of an arriving household, Hennepin County$77,501
Every figure in this section is published for Hennepin County as a whole and is not a measurement of Edina. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Edina questions, answered from the record.
How many people live in Edina, Minnesota?
53,262, in 22,914 households. Edina city covers 15.46 square miles of land, which is 3,446 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Edina in?
Hennepin County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Edina?
$128,767. The median owner-occupied home is valued at $646,300. Median gross rent is $1,844 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Edina businesses?
85 7(a) approvals totalling $39.0 m, across 30 lenders, median approval $252,000, plus 20 504 approvals worth $22.2 m. These count approvals to borrowers whose address is in Edina, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Edina borrowers get paid back?
Of the 16 loans that have reached a final outcome, 14 were paid in full and 2 charged off, a charge off rate of 12.5 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Edina figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Hennepin County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Edina.
Is zoning published for Edina?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.