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Minnesota's Wealthiest Cities: A Look at Prosperity and Lifestyle

Minnesota is home to a plethora of vibrant cities, each with its own unique charm and character. Among them, certain cities stand out for their affluence, amenities, and quality of life. Here's a glimpse into the 10 wealthiest cities in Minnesota, along with key statistics and insights into what makes them special.


1. Edina, Minnesota:

  • Population: Approximately 54,000

  • Average Income: $112,756

  • Average House Size: 2,500 sq. ft.

  • Minutes Drive to Downtown: 15 minutes

About Edina: Nestled southwest of downtown Minneapolis, Edina boasts tree-lined streets, upscale shopping districts, and top-rated schools. Its picturesque neighborhoods and proximity to recreational amenities make it a coveted place to call home.


2. Wayzata, Minnesota:

  • Population: Approximately 5,300

  • Average Income: $121,670

  • Average House Size: 3,000 sq. ft.

  • Minutes Drive to Downtown: 20 minutes

About Wayzata: Situated along the shores of Lake Minnetonka, Wayzata exudes a quaint yet luxurious ambiance. Its bustling downtown area features boutique shops, fine dining establishments, and scenic lake views, making it a popular destination for residents and visitors alike.


3. Minnetonka, Minnesota:

  • Population: Approximately 55,000

  • Average Income: $103,493

  • Average House Size: 2,800 sq. ft.

  • Minutes Drive to Downtown: 20 minutes

About Minnetonka: Boasting a mix of residential neighborhoods, commercial centers, and natural beauty, Minnetonka offers the perfect blend of urban convenience and suburban tranquility. With numerous parks, trails, and recreational facilities, it's an ideal place for outdoor enthusiasts.


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Minnetonka

4. Excelsior, Minnesota:

  • Population: Approximately 2,400

  • Average Income: $104,250

  • Average House Size: 2,200 sq. ft.

  • Minutes Drive to Downtown: 25 minutes

About Excelsior: Located on the shores of Lake Minnetonka, Excelsior exudes small-town charm with its historic downtown area, quaint shops, and waterfront parks. Residents enjoy a relaxed pace of life while still having easy access to urban amenities.


5. Deephaven, Minnesota:

  • Population: Approximately 3,800

  • Average Income: $147,346

  • Average House Size: 3,500 sq. ft.

  • Minutes Drive to Downtown: 25 minutes

About Deephaven: Tucked away along the shores of Lake Minnetonka, Deephaven offers an idyllic setting for upscale living. With spacious estates, wooded lots, and panoramic lake views, it's a haven for those seeking privacy and natural beauty.


6. Orono, Minnesota:

  • Population: Approximately 8,200

  • Average Income: $142,700

  • Average House Size: 3,400 sq. ft.

  • Minutes Drive to Downtown: 25 minutes

About Orono: Known for its sprawling estates, equestrian properties, and private lakeshore, Orono epitomizes luxury living in a serene countryside setting. Its award-winning schools and proximity to recreational amenities make it an attractive destination for families.


7. Sunfish Lake, Minnesota:

  • Population: Approximately 500

  • Average Income: $200,000+

  • Average House Size: 5,000+ sq. ft.

  • Minutes Drive to Downtown: 20 minutes

About Sunfish Lake: As one of the most exclusive enclaves in Minnesota, Sunfish Lake offers unparalleled privacy and luxury. With expansive estates, lush landscapes, and a serene atmosphere, it's a retreat for affluent homeowners seeking a secluded oasis.


8. North Oaks, Minnesota:

  • Population: Approximately 5,000

  • Average Income: $167,857

  • Average House Size: 4,000 sq. ft.

  • Minutes Drive to Downtown: 25 minutes

About North Oaks: Nestled amidst pristine woodlands and shimmering lakes, North Oaks offers a tranquil escape from the hustle and bustle of city life. Its spacious homes, abundant green spaces, and private amenities cater to discerning residents seeking an exclusive retreat.


9. Medina, Minnesota:

  • Population: Approximately 6,000

  • Average Income: $142,028

  • Average House Size: 3,600 sq. ft.

  • Minutes Drive to Downtown: 30 minutes

About Medina: With its sprawling estates, equestrian properties, and pastoral landscapes, Medina epitomizes rural luxury living. Despite its bucolic setting, it offers convenient access to urban amenities and top-rated schools, making it a sought-after destination for affluent families.


10. Dellwood, Minnesota:

  • Population: Approximately 1,100

  • Average Income: $169,000

  • Average House Size: 4,200 sq. ft.

  • Minutes Drive to Downtown: 25 minutes

About Dellwood: Nestled along the shores of White Bear Lake, Dellwood offers a peaceful retreat for affluent homeowners seeking lakeside living. Its expansive properties, mature trees, and panoramic lake views create an idyllic setting for relaxation and recreation.


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FAQs:

Which of these cities has the highest average income? Sunfish Lake boasts the highest average income, with residents earning $200,000 or more annually.

Which city has the nicest downtown area? Wayzata is renowned for its charming downtown district, featuring upscale boutiques, waterfront restaurants, and scenic lake views.

Which city is best for families? Orono is often cited as an excellent choice for families due to its top-rated schools, spacious homes, and proximity to recreational amenities.

Which city has the lowest property taxes? While property tax rates vary depending on factors such as location and home value, Dellwood is known for its relatively low property taxes compared to neighboring cities.

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