Eden Prairie, MN Economy


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Eden Prairie, MN is a city located in Hennepin County. It has a population of around 61,000 people and is known for its beautiful parks and picturesque views. The cost of living is relatively high with the average 2 bedroom rent being $1,930 compared to the US average of $1,430. Additionally, grocery costs are higher in Eden Prairie than other parts of the US with an index rate of 104 versus 100 in the US. The city also offers many options when it comes to entertainment and nightlife. Companies based in Eden Prairie include Starkey Hearing Technologies and MTS Systems Corporation. It's also home to several large businesses like SuperValu Inc., Cargill Inc., Epicor Software Corporation, UnitedHealth Group and Digital River Inc. Overall, Eden Prairie is an attractive location for those looking for a vibrant city life combined with access to nature and outdoor activities.

Eden Prairie has an unemployment rate of 3.2%. The US average is 6.0%.

Eden Prairie has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 37.0%, which is higher than the US average of 33.5%.

Tax Rates for Eden Prairie
- The Sales Tax Rate for Eden Prairie is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Eden Prairie is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Eden Prairie
- The average income of a Eden Prairie resident is $61,740 a year. The US average is $37,638 a year.
- The Median household income of a Eden Prairie resident is $120,170 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEden Prairie, MinnesotaUnited States
  3.26
  -3.6%-6.2%
  37.0%33.5%
  7.5%6.2%
  7.1%4.6%
  $61,740$37,638
  $120,170$69,021
  $142,200$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  3.9%6.8%
  13.4%10.0%
  3.5%2.5%
  10.4%11.0%
  3.1%4.8%
  0.3%0.8%
  2.1%1.9%
  11.4%4.7%
  1.7%1.9%
  14.4%7.6%
  0.3%0.1%
  4.0%4.2%
  6.1%9.3%
  12.7%14.0%
  2.3%2.1%
  4.4%7.0%
  3.3%4.8%
  2.3%4.7%
Reviews for Eden Prairie
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Over 7 years ago

I have lived in Minnesota for 33 years and have worked in Eden Prairie for 10 years as a software developer. The Minnesota metro is known for its high number of fortune  More

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Over 9 years ago

Eden Prairie (EP) is a great place to live. Lots of shopping, plenty of restaurants, small businesses, large employers, low unemployment rate, only about 15 minutes to  More

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Winter starts in September and doesn't end until May. There is lots of snow, and from December - early April, white snow against gray skies will be the prevalent color,  More

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