Loading Content...
Lake Edina Neighborhood: Demographic Analysis of Predominantly White Population and Income Trends
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
Lake Edina, a neighborhood in Edina, Minnesota, exhibits a "Low Diversity" demographic profile with a "White Majority" of 74% as of 2022. The neighborhood's median income of $102,815 in 2022 indicates an affluent community, significantly above the national median. Lake Edina is known for its lakeside setting and high-end residential properties, contributing to its status as one of the more exclusive areas in the Twin Cities metropolitan region.
Over the past decade, Lake Edina has maintained its status as a "Low Diversity" community with a "White Majority." The white population percentage has fluctuated, reaching a low of 65% in 2015 and 2017, before increasing to 74% in 2022. The Asian population, the second-largest racial group, has seen a gradual decline from a peak of 25% in 2017 to 15% in 2022. There has been a slight increase in Hispanic, Black, and multiracial populations, suggesting a trend towards a "Transitional Community," albeit at a slow pace.
The median income in Lake Edina has shown significant fluctuations over the past decade. There was a sharp increase from $83,189 in 2013 to a peak of $135,004 in 2016. Following this peak, there has been a general downward trend, with the 2022 median income at $102,815. Despite the recent decline, the median income remains substantially higher than the national average.
Lake Edina's demographic profile contrasts with broader national trends towards increasing diversity. While many urban and suburban areas across the U.S. have seen significant increases in racial diversity over the past decade, Lake Edina has maintained its predominantly white composition.
The neighborhood's high median income and low diversity suggest it may be experiencing less of the economic integration often associated with increasing racial diversity in other parts of the country. This could be due to factors such as high property values, zoning regulations, or established community dynamics that may limit accessibility for more diverse populations.
The slight increase in Hispanic, Black, and multiracial populations, while small, aligns with national trends of growing diversity in suburban areas. However, the pace of change in Lake Edina is notably slower than in many comparable affluent suburbs across the country.
Lake Edina shows signs of very gradual diversification, but remains a predominantly white, high-income enclave that has largely resisted the more rapid demographic shifts seen in many other American communities over the past decade. The neighborhood's economic fluctuations, particularly the recent downward trend in median income, may be worth monitoring for potential future impacts on its demographic composition and overall community character.
