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Demographic Stability and Economic Growth in Minnehaha Woods: A Predominantly White Neighborhood
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Minnehaha Woods, a neighborhood in Edina, Minnesota, exhibits a Low Diversity demographic profile with a White Majority. As of 2022, the neighborhood has a median income of $199,828, placing it among the most affluent communities in the state. Minnehaha Woods is known for its green spaces and proximity to Minnehaha Creek.
Throughout the analyzed period (2013-2022), Minnehaha Woods has maintained its status as a Low Diversity community with a White Majority. The white population has remained above 90% throughout this period, increasing from 93% in 2013 to 97% in 2022. This stability in racial composition indicates minimal demographic change over the past decade.
The economic trajectory of Minnehaha Woods has been positive. The median income has increased from $156,683 in 2013 to $199,828 in 2022, representing a growth of approximately 27.5% over this period. This upward trend in income levels correlates with the neighborhood's consistent Low Diversity and White Majority status, suggesting a stable and increasingly affluent community.
The population has remained relatively stable, fluctuating between 1,060 and 1,297 residents over the decade. This suggests that the neighborhood's economic growth has not led to significant population expansion.
The demographic stability and economic growth of Minnehaha Woods contrast with national trends, where many urban and suburban areas have experienced increasing diversity over the past decade. The neighborhood's ability to maintain its demographic composition while significantly increasing its median income is notable.
Nationally, the median household income in the United States was $69,021 in 2022, making Minnehaha Woods' median income nearly three times the national average. This places the neighborhood among the most affluent communities in the country.
The lack of significant demographic change in Minnehaha Woods, despite its economic prosperity, raises questions about factors that might be limiting diversity. These could include high property values, limited affordable housing options, or other socio-economic barriers that may be preventing a more diverse population from moving into the area.
Minnehaha Woods presents a case of a highly affluent, demographically stable neighborhood that has experienced substantial economic growth while maintaining its Low Diversity and White Majority status. This trend diverges from broader national patterns of increasing diversity, particularly in prosperous urban and suburban areas.
