Minnesota is the Land of 10,000 Lakes, The Mall of America, and some super-rich places that cater to the state’s wealthy.
We’re here to tell you where you can live the Minnesota dream in one of the top ten richest places in the North Star State for 2026. This list is our eleventh time ranking Minnesota’s top ten richest places. The Minnesota places that made this list house the state’s creme de la creme.
The state is, after all, one of the richest states in the country.
To identify these cities, we used Saturday Night Science to analyze the latest Census and Zillow data on incomes and home prices. We limited the analysis to the 208 Minnesota cities with more than 3,000 residents.
If you’re Minnesota rich, you can buy season passes to watch The Minnesota Vikings in Minneapolis and a second home on Lake Bemidji.
$231,742 median income · 5.1% poverty · #1 income in Minnesota
Data | Crime | Cost of living | Movers
$197,679 median income · 1.7% poverty · #3 income in Minnesota
Data | Crime | Cost of living | Movers
$173,527 median income · 6.2% poverty · #6 income in Minnesota
Located in
Hennepin County, Minnesota
Orono is a city on the northern shores of Lake Minnetonka in Hennepin County, Minnesota, United States. The population was 7,437 at the 2010 census.
Data | Crime | Cost of living | Movers
$230,859 median income · 10.3% poverty · #2 income in Minnesota
Located in
Hennepin County, Minnesota
Data | Crime | Cost of living | Movers
$186,597 median income · 1.1% poverty · #5 income in Minnesota
Data | Crime | Cost of living | Movers
$171,063 median income · 5.2% poverty · #7 income in Minnesota
Located in
Hennepin County, Minnesota
Data | Crime | Cost of living | Movers
$195,639 median income · 2.1% poverty · #4 income in Minnesota
Located in
Carver County, Minnesota
Victoria is a city in Carver County, Minnesota, United States. The population was 7,345 at the 2010 census.
Data | Crime | Cost of living | Movers
$163,051 median income · 8.8% poverty · #8 income in Minnesota
Located in
Hennepin County, Minnesota
Data | Crime | Cost of living | Movers
$150,875 median income · 3.7% poverty · #14 income in Minnesota
Data | Crime | Cost of living | Movers
$153,669 median income · 4.8% poverty · #12 income in Minnesota
Located in
Washington County, Minnesota
Lake Elmo is a city in Washington County, Minnesota, United States. The population was 8,069 at the 2010 census.
Data | Crime | Cost of living | Movers
The receipts
Compare the top ten
Pick a metric. The bars rescale. The red line is Minnesota’s statewide median.
Minnesota statewide median: $89,062
Minnesota statewide median: $346,668
Minnesota statewide median: 9.3%
Minnesota statewide median: 4.1%
On the map
Where the money lives in Minnesota
Saturday Night Science
How we determined the richest places in Minnesota for 2026
The first thing most people reach for is personal income. After all, rich people have really high salaries. But one statistic doesn’t capture what it means to be one of the “richest places,” so we applied Saturday Night Science to two measures from the 2020-2024 American Community Survey:
- Median household income
- Median home value
Median household income is the most digestible way to understand how rich a place is, and home values are a measure of accumulated wealth. The two combine to define a “Rich City.”
After collecting the data for all 208 places in Minnesota with more than 3,000 people, we ranked each place from 1 to 208 on both criteria, then averaged the two ranks into a “Rich Score.” The place with the lowest Rich Score, North Oaks, is crowned the richest city in Minnesota for 2026.
The full plate
All 100 richest cities in Minnesota, ranked
Click any column to sort. Search by city name.
| Rank | City | Rich Score | Population | Median income | Median home value | Poverty | Unemployment |
|---|---|---|---|---|---|---|---|
| 1 | North Oaks | 2.00 | 5,179 | $231,742 | $936,794 | 5.1% | 4.0% |
| 2 | Deephaven | 2.50 | 3,793 | $197,679 | $1,062,991 | 1.7% | 1.7% |
| 3 | Orono | 3.50 | 8,195 | $173,527 | $1,113,974 | 6.2% | 2.8% |
| 4 | Medina | 3.50 | 6,968 | $230,859 | $832,022 | 10.3% | 1.1% |
| 5 | Independence | 6.00 | 3,694 | $186,597 | $797,890 | 1.1% | 0.8% |
| 6 | Shorewood | 6.50 | 7,647 | $171,063 | $804,465 | 5.2% | 5.0% |
| 7 | Victoria | 8.00 | 11,295 | $195,639 | $608,561 | 2.1% | 1.8% |
| 8 | Minnetrista | 8.50 | 8,708 | $163,051 | $684,705 | 8.8% | 2.3% |
| 9 | Grant | 11.00 | 3,950 | $150,875 | $713,726 | 3.7% | 1.4% |
| 10 | Lake Elmo | 11.00 | 13,140 | $153,669 | $618,480 | 4.8% | 2.3% |
| 11 | Chanhassen | 16.00 | 26,006 | $143,651 | $548,742 | 2.9% | 3.2% |
| 12 | Wayzata | 16.00 | 4,354 | $131,614 | $913,298 | 5.8% | 1.7% |
| 13 | Dayton | 16.50 | 9,095 | $148,947 | $509,219 | 3.0% | 1.9% |
| 14 | Nowthen | 16.50 | 4,538 | $160,417 | $484,261 | 4.1% | 3.3% |
| 15 | Corcoran | 18.50 | 7,302 | $133,423 | $601,129 | 3.6% | 1.1% |
| 16 | Carver | 18.50 | 6,239 | $147,697 | $493,733 | 2.5% | 3.7% |
| 17 | Mendota Heights | 19.50 | 11,612 | $132,768 | $562,137 | 2.8% | 1.4% |
| 18 | Prior Lake | 19.50 | 28,016 | $134,255 | $525,577 | 3.1% | 1.5% |
| 19 | Plymouth | 20.00 | 79,220 | $136,534 | $508,713 | 4.3% | 2.3% |
| 20 | Rogers | 21.00 | 13,685 | $158,750 | $458,983 | 1.9% | 1.2% |
| 21 | Lakeville | 21.00 | 74,354 | $139,041 | $487,882 | 2.9% | 2.0% |
| 22 | Elko New Market | 21.00 | 5,002 | $152,150 | $472,662 | 1.1% | 0.0% |
| 23 | Edina | 21.50 | 53,262 | $128,767 | $615,641 | 4.7% | 3.9% |
| 24 | Hanover | 24.00 | 3,626 | $156,536 | $444,056 | 0.6% | 1.3% |
| 25 | Eden Prairie | 25.00 | 63,051 | $130,489 | $501,363 | 4.6% | 3.6% |
| 26 | Arden Hills | 25.50 | 9,658 | $134,118 | $477,166 | 4.7% | 4.6% |
| 27 | Andover | 30.50 | 33,035 | $137,593 | $435,598 | 3.3% | 2.8% |
| 28 | Mahtomedi | 33.00 | 8,133 | $123,319 | $478,624 | 3.8% | 3.5% |
| 29 | Ham Lake | 33.00 | 16,702 | $120,135 | $492,264 | 4.0% | 3.4% |
| 30 | Lino Lakes | 34.00 | 22,113 | $127,181 | $447,709 | 2.7% | 4.0% |
| 31 | Columbus | 35.00 | 4,248 | $123,194 | $471,094 | 3.5% | 2.2% |
| 32 | Woodbury | 35.00 | 78,305 | $125,310 | $457,355 | 5.3% | 3.9% |
| 33 | Minnetonka | 35.50 | 53,064 | $119,517 | $483,591 | 5.9% | 3.0% |
| 34 | Rosemount | 37.50 | 27,562 | $129,625 | $432,777 | 3.0% | 3.5% |
| 35 | Maple Grove | 37.50 | 71,173 | $132,731 | $424,803 | 4.0% | 3.5% |
| 36 | St. Michael | 38.00 | 20,010 | $131,274 | $426,652 | 3.2% | 2.9% |
| 37 | Bayport | 38.50 | 3,905 | $125,893 | $434,119 | 3.7% | 1.8% |
| 38 | Oak Grove | 39.00 | 9,130 | $117,696 | $462,896 | 1.7% | 3.0% |
| 39 | Chaska | 39.50 | 28,706 | $110,956 | $479,348 | 5.8% | 3.2% |
| 40 | Savage | 40.50 | 32,889 | $125,513 | $427,463 | 5.8% | 5.3% |
| 41 | Scandia | 42.00 | 3,950 | $101,953 | $540,660 | 1.9% | 1.7% |
| 42 | Waconia | 42.50 | 13,434 | $111,031 | $458,548 | 4.1% | 4.4% |
| 43 | Jordan | 46.50 | 6,771 | $110,057 | $437,126 | 5.5% | 2.7% |
| 44 | St. Augusta | 46.50 | 3,625 | $140,227 | $376,074 | 0.0% | 3.6% |
| 45 | Hugo | 47.00 | 16,340 | $116,228 | $432,376 | 2.8% | 1.6% |
| 46 | Golden Valley | 47.50 | 21,725 | $108,772 | $437,256 | 9.1% | 4.6% |
| 47 | Otsego | 47.50 | 22,245 | $119,927 | $418,193 | 3.5% | 1.7% |
| 48 | Delano | 48.00 | 6,942 | $109,946 | $435,729 | 4.0% | 1.9% |
| 49 | Farmington | 48.50 | 23,902 | $123,673 | $400,171 | 5.1% | 3.4% |
| 50 | Byron | 48.50 | 6,646 | $124,010 | $398,896 | 4.2% | 4.4% |
| 51 | Stillwater | 50.00 | 19,355 | $105,853 | $445,501 | 7.3% | 3.5% |
| 52 | Albertville | 51.00 | 8,207 | $132,734 | $375,310 | 1.1% | 0.2% |
| 53 | Centerville | 51.00 | 3,935 | $122,541 | $397,125 | 2.3% | 2.2% |
| 54 | Cottage Grove | 52.50 | 40,992 | $120,791 | $396,381 | 4.2% | 3.7% |
| 55 | East Bethel | 53.50 | 12,115 | $110,000 | $414,303 | 3.2% | 3.5% |
| 56 | Chisago City | 54.50 | 5,899 | $102,197 | $435,543 | 3.4% | 7.5% |
| 57 | Shoreview | 57.00 | 26,714 | $108,370 | $410,993 | 5.6% | 4.3% |
| 58 | Ramsey | 58.00 | 28,421 | $116,415 | $381,243 | 4.1% | 4.4% |
| 59 | Eagan | 58.50 | 68,000 | $108,690 | $401,217 | 5.9% | 3.7% |
| 60 | Shakopee | 59.50 | 46,012 | $107,223 | $403,598 | 5.9% | 3.7% |
| 61 | Elk River | 61.00 | 26,793 | $108,741 | $391,288 | 3.4% | 1.6% |
| 62 | Wyoming | 63.00 | 8,087 | $107,565 | $387,741 | 3.7% | 2.8% |
| 63 | Big Lake | 65.00 | 12,367 | $120,549 | $368,168 | 5.6% | 3.2% |
| 64 | Stacy | 65.50 | 4,384 | $98,464 | $410,191 | 5.2% | 2.9% |
| 65 | Champlin | 66.50 | 23,294 | $116,102 | $370,691 | 7.2% | 3.6% |
| 66 | Falcon Heights | 67.00 | 5,085 | $96,528 | $412,532 | 7.5% | 4.8% |
| 67 | Blaine | 68.00 | 72,488 | $106,801 | $378,017 | 7.2% | 4.2% |
| 68 | Forest Lake | 69.50 | 20,729 | $92,944 | $421,551 | 7.0% | 4.3% |
| 69 | St. Louis Park | 70.00 | 49,594 | $101,648 | $379,371 | 6.9% | 3.2% |
| 70 | St. Anthony | 70.50 | 9,671 | $97,363 | $396,789 | 6.9% | 1.0% |
| 71 | Lindstrom | 71.50 | 4,978 | $98,226 | $387,082 | 6.5% | 2.8% |
| 72 | Hermantown | 72.00 | 10,218 | $90,849 | $416,550 | 5.4% | 2.1% |
| 73 | Pine Island | 72.50 | 3,580 | $104,432 | $374,739 | 4.0% | 1.7% |
| 74 | Watertown | 76.00 | 4,790 | $99,671 | $374,890 | 7.7% | 0.0% |
| 75 | Apple Valley | 76.00 | 55,679 | $97,673 | $376,121 | 6.0% | 3.1% |
| 76 | Inver Grove Heights | 76.00 | 35,906 | $101,316 | $374,324 | 4.9% | 3.6% |
| 77 | St. Francis | 78.00 | 8,372 | $111,198 | $346,284 | 7.1% | 2.4% |
| 78 | Hastings | 79.00 | 22,117 | $93,998 | $378,760 | 5.4% | 4.9% |
| 79 | Vadnais Heights | 79.50 | 12,838 | $98,685 | $370,284 | 3.9% | 4.5% |
| 80 | New Brighton | 85.00 | 22,710 | $88,521 | $380,080 | 8.3% | 2.5% |
| 81 | Lonsdale | 86.00 | 4,896 | $95,176 | $367,004 | 1.3% | 1.9% |
| 82 | Belle Plaine | 87.00 | 7,423 | $99,315 | $350,700 | 2.7% | 5.3% |
| 83 | Mound | 89.50 | 9,107 | $86,675 | $378,827 | 8.8% | 5.2% |
| 84 | Northfield | 90.00 | 20,742 | $84,895 | $385,012 | 8.8% | 4.9% |
| 85 | Bloomington | 90.50 | 88,665 | $93,211 | $361,589 | 9.2% | 4.8% |
| 86 | Buffalo | 91.00 | 16,499 | $88,820 | $373,017 | 8.9% | 6.0% |
| 87 | Rockford | 91.50 | 4,597 | $94,162 | $351,341 | 4.8% | 1.6% |
| 88 | Oakdale | 91.50 | 28,585 | $93,772 | $353,330 | 5.7% | 3.2% |
| 89 | New Prague | 92.50 | 8,237 | $94,539 | $350,351 | 3.2% | 2.8% |
| 90 | Roseville | 92.50 | 35,802 | $86,930 | $374,912 | 7.5% | 5.9% |
| 91 | Becker | 93.00 | 5,034 | $86,094 | $375,295 | 9.5% | 1.1% |
| 92 | Eagle Lake | 95.00 | 3,281 | $96,964 | $341,524 | 6.2% | 1.2% |
| 93 | Burnsville | 96.00 | 64,463 | $87,024 | $368,611 | 10.8% | 5.0% |
| 94 | St. Charles | 97.50 | 4,037 | $96,200 | $339,328 | 3.2% | 0.0% |
| 95 | North Branch | 99.00 | 11,565 | $90,456 | $349,510 | 7.7% | 4.1% |
| 96 | Maplewood | 99.50 | 40,695 | $91,394 | $342,804 | 11.2% | 4.0% |
| 97 | Montrose | 99.50 | 3,888 | $102,625 | $317,715 | 5.3% | 5.0% |
| 98 | Brooklyn Park | 101.00 | 83,876 | $89,891 | $347,073 | 9.5% | 4.0% |
| 99 | Mounds View | 104.00 | 12,926 | $90,009 | $341,297 | 12.0% | 2.8% |
| 100 | La Crescent | 104.00 | 5,251 | $85,368 | $352,203 | 5.7% | 0.5% |
Source: U.S. Census ACS 2020-2024, Zillow research. 208 cities with more than 3,000 residents.
North Oaks is the richest place in Minnesota for 2026
When we set out to identify the richest places in Minnesota, we weren’t sure what we’d find, but it ended up being some of the best places to live in the state. The richest cities in Minnesota are North Oaks, Deephaven, and Orono, and when you look at the data they sit at the very top of the income ladder for everyone who lives there.
Breaking into the top ten takes a median household income of at least $150,875. If you’re curious about the other end of the ledger, the poorest places are listed to the right.
