Fact text

  • Edina is home to Southdale Center, the oldest indoor shopping mall in the entire United States.
  • The name 'Edina' nearly lost to 'Westfield' by just five votes, 47 to 42, at a famously chaotic town meeting.
  • A neighborhood called Morningside actually seceded from Edina in 1920, then changed its mind and rejoined 46 years later.
Your
Edina
Retirement Outlook — in 90 seconds
Hosted by Michael McMillan, President of Annuities.net
Every figure mentioned is drawn from the same sourced public data shown below — and the video updates as the data does.
Stat icon
52215
+
Total Population
Stat icon
$
108576
Median Income
Stat icon
$
501400
Median Home
Stat icon
21
%
Age 65+
Retirement Suitability
How
Edina
ranks for retirees?
26
/ 100

A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.

Tax
0
Affordability
32
Healthcare
60
Climate
2

Results

Edina

Suitability Breakdown

Retirement tax planning
01 - Taxes

Retirement Tax Treatment

Tax
0

Minnesota exempts most middle-income retirees from state tax on Social Security benefits, with taxation kicking in only above certain income thresholds.

State sales tax here runs about

%.

Source · Tax Foundation
0
Retirement tax planning
02 - Income

Annuity Rates Available Here

Affordability
32

Fixed annuity rates reach up to

7

% on 5-year terms, with most landing between

5

% and

5

%.

Source · Cannex
32
Retirement tax planning
03 - Healthcare

Hospital Access & Quality

Healthcare
60

The area has

7

Medicare-certified hospitals, averaging a

4

/5 CMS quality rating.

Source · CMS Hospital Compare
4
Retirement tax planning
04 - Climate

Weather & Comfort

Climate
2

A

Cold / Snowy

climate — summers peak near

81

°F, winters dip to about

11

°F, with roughly

54

″ of snow a year.

Source · NOAA Climate Normals
Cold / Snowy
Retirement tax planning
05 - Risk

Natural Disaster Risk

Risk
Relatively High

FEMA's overall natural-disaster risk rating for this county on the National Risk Index.

Source · FEMA National Risk Index
Relatively High

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