Eden Prairie, Minnesota Income Statistics
Eden Prairie Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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A+
Eden Prairie Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | Eden Prairie | Minnesota Avg | US Average |
|---|---|---|---|
| Median Household Income | $129,891 | $89,852 | $80,455 |
| Median Personal Income | $101,762 | $67,028 | $60,758 |
| Average Yearly Income Growth | 3.2% | 4.4% | 4.8% |
| Six-Figure Earners | 30.8% | 15.1% | 13.9% |
| $200k+ Households | 30.2% | 13.8% | 13.2% |
The median household income in Eden Prairie is about 45% higher than in Minnesota. Income has been growing slower in Eden Prairie (3.2%/yr) than in Minnesota (4.4%/yr).
About 31% of adults in Eden Prairie earn six figures ($100,000 or more) a year, higher than the Minnesota average of 15%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Eden Prairie, Minnesota grew by 37.4% from 2009 to 2024, reaching $129,891 in 2024. That's an average of about 3.2% per year.
Income Inequality and the Gender Pay Gap in Eden Prairie
| Metric | Eden Prairie | Minnesota Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.487 | 0.507 | 0.552 |
| Male Median Income | $116,472 | $74,898 | $69,667 |
| Female Median Income | $89,448 | $62,922 | $56,850 |
| Gender Pay Gap | 23.2% | 16.0% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Eden Prairie, it is 0.487, lower than Minnesota's 0.507, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 30% more than women's income in Eden Prairie, Minnesota. Over a 35-year career, a 30% wage gap accumulates to roughly $945,840 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Eden Prairie, Minnesota has narrowed from about 29% to 23% in 2024. Over that period the gap was widest at 32% in 2013, and was narrowest at 22% in 2019. In dollar terms, the gap has widened by $4,875 since 2009.
Employment
| Metric | Eden Prairie | Minnesota Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.6% | 4.1% | 5.2% |
| Working from Home | 31.8% | 17.6% | 15.0% |
| Commute time (minutes) | 20 | 20 | 22 |
Approximately 1,279 people are unemployed in Eden Prairie, Minnesota.
The average commute time in Eden Prairie is 20 minutes, about the same as in Minnesota.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Eden Prairie, Minnesota has fallen from 5.2% to 3.6% in 2024. Over that period the rate peaked at 5.5% in 2013 and fell as low as 2.8% in 2017.
Eden Prairie, MN Wealth Compared With Nearby Cities
Eden Prairie, MN is the largest of the 5 cities compared here, 62,436 residents against a local median of 48,180. Where Eden Prairie, MN breaks from the cities next to it is income growth, sitting 28% below the local median of 4.4%/yr at 3.2%/yr. That is the weaker end of the local range on this measure.
The cities themselves spread 1.6%/yr on income growth, so Eden Prairie, MN sits at one end of an already wide local range rather than apart from it. Eden Prairie, MN has the 4th highest income growth of the 5 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Eden Prairie, MN | 62,436 | $129,891 #3/5 | 3.2%/yr #4/5 | 3.6% #3/5 | 0.487 #3/5 |
| Shakopee, MN | 44,264 | $107,440 | 4.3%/yr | 3.8% | 0.516 |
| Minnetonka, MN | 52,096 | $119,974 | 4.6%/yr | 3.0% | 0.476 |
| Chanhassen, MN | 26,585 | $144,790 | 3.0%/yr | 3.3% | 0.500 |
| Edina, MN | 53,267 | $132,585 | 4.5%/yr | 3.9% | 0.483 |
Conclusion
Considering all these factors, Eden Prairie, Minnesota has an overall wealth index grade of A+, making it notably better than Minnesota, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Eden Prairie, Minnesota.
How Wealthy Is Eden Prairie, Minnesota?
Eden Prairie has a wealth index grade of A+. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A+ grade means it is one of the most prosperous areas in the country. The median household income is $129,891, about 45% higher than the Minnesota average of $89,852.
How has median household income changed in Eden Prairie, Minnesota?
Between 2009 and 2024, the median household income in Eden Prairie, Minnesota rose 37%, from $94,514 to $129,891. Over the same years, income here lagged behind Minnesota as a whole: +37% against +57%.
What was the median household income in Eden Prairie in 2023?
In 2023, the median household income in Eden Prairie, Minnesota was $128,355, about the same as in 2022. The Minnesota median that year was $88,324.
What was the median household income in Eden Prairie in 2020?
In 2020, the median household income in Eden Prairie, Minnesota was $113,241. By 2024 it had risen 15% to $129,891.
Is Eden Prairie, Minnesota a high-income area?
Yes. 31% of adults in Eden Prairie, Minnesota earn $100,000 or more a year (about 1 in 3), against 15% (about 1 in 7) in Minnesota. 30% of households have a combined income of $200,000 or more, compared with 14% in Minnesota.
What is the Gini coefficient in Eden Prairie, Minnesota?
The Gini coefficient in Eden Prairie is 0.487. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Eden Prairie, Minnesota?
Since 2009, the income gap between men and women in Eden Prairie, Minnesota has narrowed from about 29% to 23% in 2024. Over that period the gap was widest at 32% in 2013, and was narrowest at 22% in 2019. In dollar terms, the gap has widened by $4,875 since 2009.
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