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Edina, Minnesota

Economy in Edina

Detailed economy data — sourced from authoritative datasets and normalized for direct comparison.

Economy in Edina, Minnesota

Edina boasts a robust and resilient local economy anchored by major corporate headquarters, extensive healthcare networks, and high-end retail sectors. Prominent employers in the city include Regis Corporation, Jerry's Enterprises, and Fairview Southdale Hospital, while the broader Twin Cities metropolitan area offers seamless commuting options for professionals. The job market features strong employment opportunities in professional services, finance, and healthcare, supported by a dynamic entrepreneurial climate.

Economy & Jobs

Average Salary
$82,000
Unemployment
3.20%
GDP
$0.0B
Business Score
78

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About Edina, Minnesota

Edina is an affluent, highly desirable first-ring suburb located just southwest of Minneapolis in Hennepin County, Minnesota. Founded as a milling settlement in the 1860s by immigration groups, it evolved into a premier residential community renowned for inventing the modern enclosed shopping mall concept with Southdale Center in 1956. Today, the city is celebrated for its exceptional public school system, meticulously maintained parks, and upscale residential neighborhoods like the historic Country Club District. People frequently move to Edina for its unbeatable combination of suburban tranquility and close proximity to the economic and cultural hubs of the Twin Cities.

About Minnesota

Minnesota, often called the "Land of 10,000 Lakes," is known for its strong sense of community, outdoor lifestyle, and "Minnesota Nice" reputation. The state boasts a diverse and highly developed economy with major industries including healthcare and medical technology, food and agriculture, manufacturing, and financial services, and is home to numerous Fortune 500 companies. While winters are long and cold with significant snowfall, summers are hot and humid, offering a wide range of seasonal activities. The cost of living in Minnesota is generally lower than the national average, with housing and utilities being particularly affordable, contributing to its high quality of life.

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