Best Suburbs of Minneapolis

  • Mendota Heights. Population: 11,340. …
  • Hopkins. Population: 18,605. …
  • Shoreview. Population: 27,210. …
  • Plymouth. Population: 79,450. …
  • Eden Prairie. Population: 64,334. …
  • Chanhassen. Population: 25,666. …
  • Minnetonka. Population: 53,953. Median Home Value: $330,900. …
  • Edina. Population: 52,490. Median Home Value: $459,200.

Moreover, Is it cheaper to live in Minneapolis or St Paul? Minneapolis came in at No. 28 on the list of expensive cities, with average monthly expenses of $2,105, while St. Paul landed at No. 36 with monthly expenses of $1,934.

Where do the rich live in Minnesota?

According to this Moneywise story, the city of North Oaks, Minnesota (just north of St. Paul, about 90 miles north of Rochester) is Minnesota’s richest city.

Likewise, Where is the hood in Minneapolis? The areas with the highest crime rates are Midtown Minneapolis and The Phillips neighborhood, which is located south of the downtown area between Lake Street and Hiawatha Avenue. However, the highest area of violent crimes is committed in the northern part of Minneapolis, just west of the Mississippi River.

Is Edina a good place to live? Edina is a suburb of Minneapolis with a population of 52,215. Edina is in Hennepin County and is one of the best places to live in Minnesota. Living in Edina offers residents an urban feel and most residents own their homes. In Edina there are a lot of restaurants, coffee shops, and parks.

What salary do you need to live in Minneapolis?

This rule states that an individual shouldn’t pay more than 30% of their pre-tax income toward housing costs. The median rent for a one-bedroom apartment in Minneapolis is $1,175. This means that an individual should make at least $3,916 monthly or $47,000 annually to live comfortably in Minneapolis.

Which is safer St. Paul or Minneapolis?

St. Paul has a higher crime rate than the state and national averages, both in violent and property crimes. It has a lower crime rate than Minneapolis.

Should I move to Minneapolis or St. Paul?

The More Affordable Side of the Twin Cities If you’re trying to decide between the Twin Cities when moving to Minnesota, go with St. Paul! The cost of living in St. Paul is lower than the state average, while Minneapolis’ cost of living is higher.

Where do millionaires live in Minnesota?

According to this Moneywise story, the city of North Oaks, Minnesota (just north of St. Paul, about 90 miles north of Rochester) is Minnesota’s richest city.

Is Edina Minnesota rich?

Edina is wealthy, but not the wealthiest town in the Twin Cities. Woodbury, Chanhassen, Eden Prairie and Maple Grove, among others, all have higher median household incomes. Edina’s schools are excellent, but U.S. News & World Report ranks Edina High School at No. 10 in the state.

What is the wealthiest city in Minnesota?

Dellwood, Minnesota is the wealthiest city in Minnesota. Dellwood has a median household income of $171,000, according to a study from 24/7 Wallstreet. Dellwood has a population of just 1,063 and is located in Washington County, Minnesota.

What is considered rich in Minneapolis?

According to the report, here is how much does it take to be considered “rich” in Minneapolis:

  • Lowest Income to be Considered “Rich” (Top 20%): $130,980.
  • Average Income of the Top 20%: $235,237.
  • Average Income of the Top 5%: $419,785.

Is Edina MN a good place to live?

Edina is a suburb of Minneapolis with a population of 52,215. Edina is in Hennepin County and is one of the best places to live in Minnesota. Living in Edina offers residents an urban feel and most residents own their homes. In Edina there are a lot of restaurants, coffee shops, and parks.

What is a good salary in MN?

A good salary in Minneapolis, MN is anything over $48,000. That’s because the median income in Minneapolis is $48,000, which means if you earn more than that you’re earning more than 50% of the people living in Minneapolis. The average salary in Minneapolis is $56,682.

Who is the richest person in MN?

  • Whitney MacMillan. $4.3 Billion. …
  • Richard Schulze. $2.9 Billion. …
  • Carl Pohlad. $2.6 Billion. …
  • Glen Taylor. $2.3 Billion. …
  • Stanley Hubbard. $2.1 Billion. …
  • J. Paul Getty. …
  • Barbara Carlson Gage. $1.7 Billion. …
  • Marilyn Carlson Nelson. $1.69 Billion.

What is the wealthiest county in MN?

Minnesota Counties Ranked by Per Capita Income

Rank County Per capita income
1 Washington $36,248
2 Hennepin $35,902
3 Carver $35,807
4 Dakota $34,142

Is St Paul safer than Minneapolis?

St. Paul has a higher crime rate than the state and national averages, both in violent and property crimes. It has a lower crime rate than Minneapolis.

Is it cheaper to live in Minneapolis or St. Paul?

Minneapolis came in at No. 28 on the list of expensive cities, with average monthly expenses of $2,105, while St. Paul landed at No. 36 with monthly expenses of $1,934.

Is it safe to walk in downtown Minneapolis at night?

OVERALL RISK : MEDIUM. Minneapolis is, for the most part, safe, but you should take precaution on the streets after dark. Be wary of pickpockets and bag snatching and keep your valuables safe by your side.

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