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Prospect Knolls, Edina,MN

Neighborhood Data
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If you’re considering a move to Edina, MN, the Prospect Knolls neighborhood in the northwest part of the city is definitely worth checking out. This charming community combines peaceful suburban living with convenient access to some of the best amenities Edina has to offer. Residents enjoy beautiful tree-lined streets and a welcoming atmosphere that makes it ideal for families, professionals, or anyone looking for a close-knit neighborhood vibe. One of the standout features is the variety of well-maintained parks nearby, such as the scenic Braemar Park, which offers trails, playgrounds, and a golf course for outdoor enthusiasts of all ages.

Prospect Knolls also shines when it comes to local attractions and conveniences. The neighborhood is close to the popular Southdale Center, a premier shopping mall with a diverse mix of stores, dining options, and entertainment venues. For those who love staying active, the nearby Edinborough Park features an indoor aquatic center, fitness facilities, and community events throughout the year. Food lovers will appreciate the selection of eateries in the area, from cozy cafes to upscale restaurants, making it easy to enjoy a night out without traveling far. Plus, the neighborhood’s peaceful residential streets provide a pleasant retreat from the busier commercial areas.

Getting to Downtown Minneapolis from Prospect Knolls is a breeze, with just a short drive of about 10 to 15 minutes depending on traffic. This proximity offers residents the best of both worlds: a quiet, family-friendly neighborhood with easy access to the vibrant culture, job opportunities, and entertainment options of the city center. Whether you’re commuting for work or heading out for a weekend adventure, Prospect Knolls’ location is ideal for balancing suburban calm with urban convenience. Overall, this neighborhood is a fantastic choice for anyone looking to enjoy the charm of Edina while staying connected to the broader Minneapolis metropolitan area.

Community Snapshot

Population 1,561
Density (People/sqml.) 1,751
Median Age 47.9
Married Couples
72%
72% of the population of Prospect Knolls aged 16 years and older are married.
Have Kids
34%
34% of the population aged 16 years or older have children.

In Prospect Knolls, 34% of residents aged 16 and older are married, which is notably higher than the national average. This could point to a more settled, community-driven neighborhood where long-term residents and homeowners are common. It’s the kind of place where stability, and a close-knit atmosphere make it especially appealing to families and couples looking to put down roots.

With only 34% of people over 16 having children, you can expect an easygoing environment that tends to attract residents seeking a quieter lifestyle. The atmosphere here leans more toward adult-oriented living. Without the constant rhythm of school schedules or kid-centered events, the community maintains a slower, more relaxed pace. This makes it especially appealing to singles, couples, and empty nesters who appreciate tranquil streets, and recreation on their own terms.

Age Breakdown

Prospect Knolls neighborhood age breakdown chart

Prospect Knolls demographics offer valuable insights into the character and lifestyle of the neighborhood, helping you understand who lives there and what daily life might feel like. Home to only about 1,561 residents, Prospect Knolls is notably smaller than many other Edina neighborhoods, creating a more peaceful and community-oriented atmosphere. Its lower population can translate to quieter streets, a more relaxed pace of life, and easier access to local amenities — all without sacrificing the vibrant urban lifestyle the city is known for.

With a lower than average population density of 1,751 people per square mile, Prospect Knolls offers a more open and spacious environment compared to many other Edina neighborhoods. This often means quieter streets, less congestion, and a relaxed atmosphere — all while still providing access to the amenities and conveniences of city living.

Home to a population with a higher-than-average age of 48, this area offers a calm and refined atmosphere shaped by experience and tradition. The neighborhood’s more mature demographic fosters a strong sense of community, a relaxed pace of life, and an environment that’s both welcoming and well-established — making it an especially appealing choice for retirees seeking comfort, stability, and connection.

Crime in Prospect Knolls

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Types of Crime

Prospect Knolls neighborhood age breakdown chart

Prospect Knolls Crime Map

The Prospect Knolls crime map offers a clear, data-driven look at how crime is distributed throughout the neighborhood, using block group data to highlight both safer areas and potential hot spots. The color-coded map makes it easy to see where crime is more concentrated and where it occurs less frequently, helping residents and prospective buyers better understand local safety patterns. It’s important to note that darker or red zones on the map don’t necessarily mean those areas are unsafe — locations near busy transit hubs, shopping districts, or popular attractions often show higher activity simply due to larger crowds and increased foot traffic.

Housing

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Home Price $631,080
Median Rent $1,597
People/Household 2.5

Home Price Breakdown

Prospect Knolls neighborhood home price breakdown chart

Rent vs Own

Rent 12% Own 88%

Year Moved In

Before 2010 51% After 2010 49%

Types of Homes in the Area

Market Trends

Year-over-Year YoY data

 

Housing costs often reflect the desirability and overall character of a neighborhood. In Prospect Knolls, home prices come in around $631,080, which is higher than many other areas. This elevated pricing points to a sought-after location with strong demand, well-maintained properties, and access to premium amenities that contribute to a higher quality of life. Historical home price trends and appreciation rates in Prospect Knolls can serve as a window into the neighborhood’s economic strength and future potential. By understanding how the market has performed in the past, buyers and investors can better evaluate whether the area offers promising opportunities for growth and long-term value.

With an average rent price of $1,597, rental rates in Prospect Knolls are higher than many other neighborhoods. This reflects the area’s desirability and strong demand, often accompanied by well-maintained properties, premium amenities, and a high quality of life.

Walkability & Lifestyle

Coffee Shops

Little Pete's
Coffee Shop
min.
min.
Caribou Coffee
Coffee Shop
min.
min.

Entertainment

Edina Performing Arts Center
Theatre Arts
min.
min.
Leo J Fick Auditorium
Theatre Arts
min.
min.

Food & Drink

Domino's
Fast Food
min.
min.
Wooden Hill Brewing Company
Bar
min.
min.

Groceries

Little Pete's
Bakery
min.
min.
Patisserie Margo
Bakery
min.
min.

Parks

Playground
Playground
min.
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William Wardell Lewis Park
Park
min.
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Shops

Edina Market
Convenience Store
min.
min.
Lang's 1 Stop Market
Convenience Store
min.
min.

Getting Around

Transit Stops

Lee Valley Circle
Bus Stop
min.
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Lee Valley Circle
Bus Stop
min.
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Transit Stations

 
 
 
 
 
 
 
 
 
 
 
 

Health & Safety

Medical Facilities

Abbott Northwestern Center for Outpatient Care
Clinic
min.
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McCannel Eye Clinic
Clinic
min.
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Health Care

 
 
 
 
 
 
 
 
 
 
 
 

Safety

Fire Station #1
Fire Station
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Bloomington Fire Station 6
Fire Station
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Top Neighborhood Schools

Name Category Grades Rating
Concord Elementary
5900 Concord Ave S, Edina, MN
Elementary School KG - 5 School Score
Valley View Middle
6750 Valley View Rd, Edina, MN
High School 6 - 9 School Score
Alc Edina Hs Alternative - Is
6754 Valley View Rd, Edina, MN
High School 9 - 12 School Score
Eagle Ridge Academy Charter School
7255 Flying Cloud Dr, Eden Prairie, MN
High School 6 - 12 School Score
Special Ed-Non Public
5701 Normandale Rd, Edina, MN
High School KG - 12 School Score
Options At Edina High School
6754 Valley View Rd, Edina, MN
High School 10 - 12 School Score
Scitech Academy Middle
4940 W 77Th St Suite 2, Edina, MN
Elementary School M - M School Score

Education Level Achieved

School ratings in Prospect Knolls combine factors like student performance, graduation rates, and standardized test scores to provide a clear picture of overall educational quality. The use of NAEP (National Assessment of Educational Progress) scores adds valuable context by offering a consistent national benchmark to see how local schools compare on a broader scale. Additionally, understanding the overall education level achieved by residents in Prospect Knolls can give insight into the community’s priorities and opportunities, helping families make more informed decisions about where to live and how well local schools may support long-term student success.

Economy

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Income Per Capita $96,897
Household Income $177,669
Unemployment 1.2%

Income Breakdown

Prospect Knolls Income breakdown chart

Employment by Industry

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The economic makeup of a neighborhood often tells a deeper story about its lifestyle, opportunities, and overall character. In Prospect Knolls, median household incomes average $177,669, which is higher than many surrounding neighborhoods. This elevated earning power helps support a more upscale environment, offering residents access to premium amenities, well-maintained surroundings, and a standard of living that emphasizes comfort and quality.

The strength of a neighborhood’s local economy is often reflected in its employment landscape, shaping daily life and long-term stability for residents. In Prospect Knolls, the unemployment rate is just 1%, indicating a strong and resilient community with steady economic growth, active local businesses, and a high quality of life.

Frequently Asked Questions

What types of homes are common?

Prospect Knolls in Edina, MN is known for its charming mix of mid-century modern and traditional single-family homes. Many properties feature spacious yards and well-maintained landscaping, reflecting the neighborhood's established and family-friendly character. You’ll find a variety of architectural styles, with many homes dating back to the 1950s and 60s, offering classic Minnesota charm combined with modern updates.

Are there any notable landmarks or historical sites?

While Prospect Knolls is primarily residential, it is located near some notable landmarks such as the Edina Country Club, a historic and prestigious golf course established in 1926. Additionally, nearby Centennial Lakes Park offers beautifully landscaped walking trails and a unique scenic pond with a fountain, serving as a popular community gathering spot. Although Prospect Knolls itself doesn't have many designated historical sites, its proximity to these attractions adds to the neighborhood’s appeal.

Are there major highways or transit lines nearby?

Yes, Prospect Knolls benefits from convenient access to major highways including Highway 100 and Interstate 494, making commutes to Minneapolis and other parts of the Twin Cities straightforward. While the neighborhood itself is primarily residential and quiet, residents can easily access Metro Transit bus lines along nearby arterial roads, providing public transit options to downtown Minneapolis and surrounding areas.

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