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Demographics
Population
Median Income
Racial Distributions
Lake Cornelia, located in Edina, Minnesota, is categorized as a "Low Diversity" neighborhood with a White Majority. As of 2022, the white population comprises 81% of the community, with a median income of $155,917. This suburb is known for its high-quality schools and proximity to Minneapolis.
Over the past decade, Lake Cornelia has maintained its status as a predominantly white community, consistently falling under the "Low Diversity" category. There have been subtle shifts towards increased diversity. In 2013, 84% of the population identified as white. By 2022, this decreased to 81%. The Asian population increased from 8% in 2013 to 10% in 2022. Hispanic representation grew from negligible levels in 2013 to 6% in 2022.
The neighborhood has maintained its status as an affluent area throughout the decade. Median income has remained consistently high, ranging from $143,066 in 2015 to $160,908 in 2021. There is a slight positive correlation between increasing diversity and rising median income. The population has grown steadily from 1,704 in 2010 to 1,932 in 2022.
Lake Cornelia's diversification is occurring at a slower rate compared to national averages. Nationally, suburban areas have been experiencing more rapid diversification over the past decade. The high median income of Lake Cornelia may be a factor in its slower pace of demographic change, as high housing costs can limit accessibility for some groups.
The gradual increase in Asian and Hispanic populations aligns with broader trends seen in many affluent suburbs across the United States. However, the representation of Black residents remains low compared to national averages, fluctuating between 1-4% over the decade.
Lake Cornelia remains a predominantly white, high-income area. The slow pace of change suggests that local factors such as high property values and established community dynamics may be moderating the rate of change. It remains to be seen whether these gradual shifts will accelerate, potentially moving Lake Cornelia towards a "Moderate Diversity" classification in the future.