These Are The 10 Best Minneapolis Suburbs For 2018


We analyzed over 110 places around Minneapolis to identify the most in demand places to live.

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Big city living isn’t for everyone–but at the same time, urban areas certainly have their perks.

There’s the culture, the food, the arts, the food, the energy, and you know, the food. But there are drawbacks. There’s traffic, expensive parking, expensive housing–pretty much, expensive everything, depending on which big city you’re looking at.

But that’s where the suburbs come in–they have all of the benefits of being near big cities, without actually having to be big cities.

Of course, not all suburbs of Minneapolis are created equally, which is precisely why we set out to find the best ones. So without further ado…

Here are the 10 best suburbs around Minneapolis for 2018:

  1. Deephaven (Homes)
  2. North Oaks (Photos | Homes)
  3. Victoria (Photos | Homes)
  4. Shorewood (Photos | Homes)
  5. Elko New Market (Homes)
  6. Rogers (Photos | Homes)
  7. Hanover (Photos | Homes)
  8. Carver (Photos | Homes)
  9. Edina (Photos | Homes)
  10. Grant (Homes)

If you happen to be a resident of Deephaven, you’re probably not too surprised to find it on the top our list.

We’ll tell you what makes each of these 10 Minneapolis ‘burbs better than the rest–but first, a bit about our methodology.

For more Minnesota reading, check out:

Editor’s Note: If you see a slight difference between the best in state rankings and this suburb ranking, it’s because of the methodology. We needed a way to include more places, so we eliminated crime and commute times as criteria for this analysis.

How We Determined The Best Suburbs Around Minneapolis for 2018

Figuring out the best ‘burbs around Minneapolis was pretty simple; we just needed to list several things that people like, and then find out which cities have the most of those things.

We threw a lot of criteria at this one in order to get the best, most complete results possible:

  • Low unemployment rate
  • High Median household incomes
  • Population density (lots of things to do)
  • High home values
  • A lot of college educated people
  • Low poverty
  • High rate of insured families

Then we used the newest American Community Survey data (2012-2016) to research each suburb.

FYI: We defined a suburb as being within 30 miles of Minneapolis.

Additionally, we limited the analysis to places that have over 2,000 people. This left us with a grand total of 110 suburbs to evaluate around Minneapolis.

We ranked each place with scores from 1 to 110 in each category, where 1 was the “best.

Next, we averaged the rankings for each place to create a quality of life index.

And finally, we crowned the city with the best quality of life index the “Best Suburb near Minneapolis.” We’re lookin’ at you, Deephaven.

Read on below to learn more about what it’s like to live in the best of the best. Or skip to the end to see the list of all the suburbs ranked from best to worst.

1. Deephaven

Population: 3,786
Unemployment Rate: 2.3%
Median Home Price: $537,600
Median Income: $123,152
More on Deephaven: Real Estate | Data

Deephaven is always mentioned as one of the best suburbs in the Minneapolis area. We’ll tell you the good about “Awesome Deephaven.”

Everyone here is rich; families average $123,152 a year, which is the 6th highest in the Minneapolis region. And only 2.3% are out of work. Homes average more than $537,600 each.

2. North Oaks

North Oaks, Minnesota

Population: 4,832
Unemployment Rate: 1.4%
Median Home Price: $531,800
Median Income: $149,507
More on North Oaks: Real Estate | Data

North Oaks is the second best ‘burb we looked at near Minneapolis for 2018.

It ranks 1st for incomes in the area and only 2.5% of residents lack insurance, good for 18th best.

3. Victoria

Victoria, Minnesota

Population: 8,385
Unemployment Rate: 2.1%
Median Home Price: $394,800
Median Income: $132,431
More on Victoria: Real Estate | Data

Here in Victoria, it’s really safe, and residents are just about as rich as you’ll see in the Minneapolis metro area.

The bad side? Schools are more crowded, and the cost of living puts a large part of the city out of reach for most families.

But price is based on demand and a lot of people want to live in Victoria.

4. Shorewood

Shorewood, Minnesota

Population: 7,548
Unemployment Rate: 2.9%
Median Home Price: $428,100
Median Income: $123,629
More on Shorewood: Real Estate | Data

Shorewood ranks as the 4th best suburb of Minneapolis for 2018.

You won’t find many better places to raise your kids in the region than in Shorewood and the schools are some of the best around.

5. Elko New Market

Population: 4,472
Unemployment Rate: 1.6%
Median Home Price: $268,200
Median Income: $113,583
More on Elko New Market: Real Estate | Data

Coming in as the fifth best is Elko New Market.

Elko New Market gets kudos for having the 32nd most expensive homes in the Minneapolis area, where houses sell for an average of $268,200. However, the cost of living here is among the highest in the area.

6. Rogers

Rogers, Minnesota

Population: 12,284
Unemployment Rate: 1.7%
Median Home Price: $279,600
Median Income: $109,023
More on Rogers: Real Estate | Data

Rogers is proud of its 6th place finish on this list. And here’s why.

Most residents have great jobs and the unemployment rate sits at 1.7% which is 5th best in the area.

According to online reports, Rogers is quickly becoming one of the more affluent suburbs in the Minneapolis area, meaning you need to get in soon.

7. Hanover

Hanover, Minnesota

Source: Public domain

Population: 3,064
Unemployment Rate: 2.4%
Median Home Price: $270,600
Median Income: $91,464
More on Hanover: Real Estate | Data

The 7th best suburb on our list goes to Hanover.

Hanover schools are some of the best in the region, and crime is really low. The cost of living makes it a lot more desirable for many families, especially first-time home buyers.

And, it’s only 23.5 miles to downtown, which is a good thing.

8. Carver

Carver, Minnesota

Population: 4,328
Unemployment Rate: 1.4%
Median Home Price: $298,700
Median Income: $116,954
More on Carver: Real Estate | Data

Carver is growing quickly, and for a good reason. Crime is far below average, and most residents are gainfully employed. Even the cost of living is reasonable.

A solid 0.6% of people lack insurance, good for 1st in the area.

9. Edina

Edina, Minnesota

Population: 49,976
Unemployment Rate: 3.6%
Median Home Price: $424,500
Median Income: $91,847
More on Edina: Real Estate | Data

Is ‘Everything Better In Edina?’

Almost.

It placed 9th on our list thanks to the fact that it’s really expensive to live here, but the schools are great, so you get what you pay for in that regard.

10. Grant

Grant, Minnesota

Population: 4,134
Unemployment Rate: 3.7%
Median Home Price: $426,200
Median Income: $108,940
More on Grant: Real Estate | Data

And rounding out the top ten for 2018 is Grant.

This city is far above average in every category, and the best part? It’s far more affordable than the other cities listed above. So, you get a big bang for your buck here.

Welcome to the Best Minneapolis ‘Burbs of 2018

We said it once and we’ll say it again–life in the big city isn’t for everyone. At least not all the time.

So if you’re hankering for some of the amenities of a larger city like Minneapolis, but don’t want to deal with the drawbacks, one of these suburbs might just be for you.

For more Minnesota reading , check out:

Detailed List Of The Best Minneapolis Suburbs

Rank City Population Unemployment Rate Median Home Price Median Income
1 Deephaven 3,786 2.3% $537,600 $123,152
2 North Oaks 4,832 1.4% $531,800 $149,507
3 Victoria 8,385 2.1% $394,800 $132,431
4 Shorewood 7,548 2.9% $428,100 $123,629
5 Elko New Market 4,472 1.6% $268,200 $113,583
6 Rogers 12,284 1.7% $279,600 $109,023
7 Hanover 3,064 2.4% $270,600 $91,464
8 Carver 4,328 1.4% $298,700 $116,954
9 Edina 49,976 3.6% $424,500 $91,847
10 Grant 4,134 3.7% $426,200 $108,940
11 Waconia 11,523 2.8% $252,200 $87,394
12 Chanhassen 24,796 3.1% $339,800 $115,449
13 Eden Prairie 63,206 3.2% $319,400 $101,094
14 Medina 5,633 2.2% $586,600 $137,692
15 Maple Grove 66,969 3.6% $254,400 $96,410
16 Woodbury 66,699 4.0% $282,700 $101,922
17 Mendota Heights 11,231 4.3% $351,100 $100,903
18 Afton 2,951 3.6% $411,200 $100,764
19 Plymouth 75,105 3.0% $310,900 $88,378
20 Greenfield 2,888 3.4% $389,000 $106,523
21 Albertville 7,286 3.1% $189,600 $93,045
22 Minnetrista 6,963 2.2% $422,400 $143,191
23 Mahtomedi 7,964 3.9% $298,200 $95,679
24 Orono 7,772 4.9% $593,000 $119,393
25 Shoreview 26,161 2.8% $238,100 $81,353
26 Champlin 23,929 3.4% $205,700 $84,042
27 Lakeville 59,786 2.9% $260,400 $98,864
28 Lino Lakes 20,758 4.0% $263,800 $105,934
29 Delano 5,754 3.5% $234,300 $78,114
30 Minnetonka 51,651 4.1% $301,400 $83,496
31 Stillwater 19,142 3.4% $248,400 $79,293
32 Andover 31,906 3.7% $241,800 $100,358
33 Independence 3,687 3.9% $408,100 $101,569
34 Savage 29,399 3.3% $263,300 $97,584
35 St. Michael 17,045 4.0% $223,100 $97,000
36 Wayzata 4,296 3.3% $485,700 $69,854
37 Prior Lake 24,997 3.7% $286,100 $101,128
38 Hugo 14,223 2.4% $236,200 $86,789
39 Lake Elmo 8,445 3.1% $375,800 $96,944
40 Farmington 22,226 2.4% $213,800 $86,447
41 Rosemount 23,099 4.0% $240,300 $92,939
42 Otsego 15,065 2.0% $193,900 $89,556
43 Centerville 3,907 2.8% $221,600 $89,118
44 St. Anthony 8,790 3.2% $232,300 $64,504
45 Ramsey 25,329 3.6% $210,200 $88,286
46 Circle Pines 4,947 1.8% $174,500 $73,352
47 Ham Lake 15,878 4.9% $268,600 $93,900
48 Arden Hills 10,126 7.1% $282,200 $91,875
49 Prescott 4,217 2.1% $183,500 $74,875
50 Falcon Heights 5,534 4.7% $283,200 $75,167
51 Scandia 4,029 4.5% $323,000 $85,417
52 Corcoran 5,572 4.0% $305,100 $101,659
53 Eagan 65,874 4.4% $251,500 $82,855
54 Apple Valley 50,602 3.7% $218,100 $83,450
55 Chaska 25,078 2.5% $243,700 $76,673
56 Hudson 13,367 3.6% $225,900 $65,182
57 Golden Valley 21,040 5.4% $264,900 $81,919
58 Mound 9,306 4.5% $225,200 $78,920
59 St. Louis Park 47,486 4.1% $236,900 $68,451
60 Vadnais Heights 13,115 3.1% $206,400 $72,673
61 North Hudson 3,810 2.6% $206,300 $63,125
62 Wyoming 7,785 5.0% $201,300 $84,712
63 Columbus 3,980 5.1% $241,800 $77,727
64 Cottage Grove 35,632 4.3% $216,500 $85,516
65 Oak Park Heights 4,790 0.9% $225,800 $51,726
66 White Bear Lake 24,992 3.9% $192,800 $63,916
67 Blaine 61,210 4.2% $189,100 $79,915
68 Elk River 23,743 3.9% $214,900 $83,585
69 Jordan 5,981 2.5% $210,500 $66,818
70 Oak Grove 8,334 3.8% $239,000 $85,446
71 Oakdale 27,956 4.1% $201,900 $67,991
72 East Bethel 11,618 4.2% $210,300 $90,134
73 Excelsior 2,510 4.5% $443,000 $45,915
74 Forest Lake 19,208 4.2% $234,700 $73,091
75 New Brighton 22,233 4.7% $223,400 $66,003
76 Dayton 5,031 4.2% $238,900 $78,477
77 St. Bonifacius 2,596 7.7% $224,300 $85,489
78 Roseville 35,254 4.2% $224,000 $63,022
79 Bloomington 85,080 4.3% $221,900 $67,473
80 Rockford 4,229 3.2% $179,400 $73,494
81 Bayport 3,604 7.0% $198,600 $69,345
82 Osseo 2,612 5.1% $164,300 $49,728
83 Shakopee 39,656 5.3% $221,500 $79,648
84 Burnsville 61,158 5.0% $215,300 $66,225
85 Nowthen 4,562 4.0% $265,900 $83,576
86 Hastings 22,501 4.9% $182,800 $62,155
87 Hopkins 18,077 4.6% $204,300 $51,466
88 Crystal 22,777 4.1% $159,600 $60,494
89 Coon Rapids 62,159 5.4% $171,200 $66,313
90 Robbinsdale 14,382 5.5% $166,600 $60,388
91 New Hope 20,819 4.6% $194,900 $50,000
92 Little Canada 10,202 5.1% $203,600 $51,154
93 Lauderdale 2,472 3.5% $172,200 $44,345
94 Inver Grove Heights 34,757 5.5% $216,400 $69,893
95 Maplewood 39,678 6.2% $188,400 $63,367
96 St. Paul Park 5,352 5.7% $161,300 $68,586
97 Mounds View 12,708 5.5% $168,600 $56,753
98 North St. Paul 12,102 9.0% $180,200 $57,156
99 Brooklyn Park 78,823 5.7% $186,400 $65,695
100 Spring Lake Park 6,519 7.3% $160,400 $57,993

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