Centennial Lakes, Edina, MN demographics:
population, income, and more

Total population
710
3.5% year-over-year change
Median household income
$79,884/yr
5.3% year-over-year change
Housing units
409
-0.5% year-over-year change

Centennial Lakes population

How many people live in Centennial Lakes

Centennial Lakes is home to 710 residents, according to the most recent Census data. Gender-wise, 43% of Centennial Lakes locals are male, and 57% are female.

Total population
710
3.5% year-over-year change
Gender ratio
Male
43%
305
Female
57%
405
Value Percent YoY change
Male 305 43% 0.7%
Female 405 57% 6.0%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Centennial Lakes is 48, with the population distributed as follows: about 12.9% are children under 15, then 6.9% are in the 15 to 24 age group. Adults between 25 and 44 make up 28.4% of the population, while another 20.4% fall into the 45 to 64 bracket. Finally, around 31.4% are 65 or older.

Median age
48.3
Age breakdown
Under 15
12.9%
15 to 24
6.9%
25 to 44
28.4%
45 to 64
20.4%
Over 65
31.4%
Value Percent YoY change
Under 15 92 12.9% 21.1%
15 to 24 49 6.9% -16.9%
25 to 44 202 28.4% 7.5%
45 to 64 145 20.4% 1.4%
Over 65 223 31.4% 1.4%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Centennial Lakes, 83.9% of the population are US-born citizens, while 8.7% have gained naturalized citizenship. At the same time, 7.3% of residents are non-citizens. As for race, 73.3% of locals are Caucasian, 6.9% are African American and 10% have Asian roots. There’s also a share of 5.8% that includes residents with two or more races.

Citizenship
U.S.-born citizens
83.9%
Non-U.S.-born citizens
8.7%
Non-citizens
7.3%
Value Percent YoY change
U.S.-born citizens 596 83.9% 6.6%
Non-U.S.-born citizens 62 8.7% -16.2%
Non-citizens 52 7.3% 0.0%
Racial breakdown
White
73.3%
Black or African American
6.9%
American Indian and Alaska Native
1.3%
Asian
10%
Native Hawaiian and other Pacific Islander
0%
Two or more races
5.8%
Other
2.8%
Value Percent
White 521 73.3%
Black or African American 49 6.9%
American Indian and Alaska Native 9 1.3%
Asian 71 10%
Two or more races 41 5.8%
Other 20 2.8%

Households in Centennial Lakes

A peek inside Centennial Lakes households

Centennial Lakes has 382 households, with an average of 2 members in each. Of these, 42.7% are families, while the remaining 57.3% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
382
1.3% year-over-year change
Average people per household
2
Non-family households
219
Family households
163
Value Percent YoY change
Non-family households 219 57.3% -1.8%
Family households 163 42.7% 5.8%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Centennial Lakes

The housing landscape of Centennial Lakes

Centennial Lakes's housing consists of 409 units, with 19.2% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 3.2% and offer a more compact, shared living style.

Housing units
409
-0.5% year-over-year change
Housing types
Value Percent
1 unit, detached 78 19.2%
1 unit, attached 13 3.2%
2 units 1 0.2%
3 or 4 units 5 1.2%
5 to 9 units 12 3%
10 to 19 units 26 6.4%
20 to 49 units 49 12%
50 or more units 223 54.8%
Homes built since 2020
8
100.0% year-over-year change

The age of buildings in Centennial Lakes

In Centennial Lakes, the median construction year is 1976. About 2.2% of homes were built before the 1940s, with another 0.2% going up by 1949. Most development happened in the second half of the 20th century. Then, 2.7% of homes were added from 2000 to 2009, 13.8% between 2010 and 2019, and 2% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 9 2.2% 12.5%
Built between 1940 and 1949 1 0.2% -66.7%
Built between 1950 and 1959 45 11.1% 2.3%
Built between 1960 and 1969 69 17% -9.2%
Built between 1970 and 1979 130 31.9% 2.4%
Built between 1980 and 1989 50 12.3% -15.2%
Built between 1990 and 1999 28 6.9% 3.7%
Built between 2000 and 2009 11 2.7% 0.0%
Built between 2010 and 2019 56 13.8% 7.7%
Built in 2020 or later 8 2% 100.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Centennial Lakes occupancy rates

Out of the 382 occupied housing units in Centennial Lakes, 47.6% are owner-occupied, while 52.4% are lived in by tenants. Meanwhile, 6.6% of all homes on the local market sit vacant.

Occupied housing units
382
1.3% year-over-year change
Occupancy breakdown
Renter occupied
200
Owner occupied
182
Value Percent YoY
change
Renter occupied 200 52.4% 1.5%
Owner occupied 182 47.6% 1.1%
Unoccupied housing units
6.6%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Centennial Lakes housing costs

Housing costs in Centennial Lakes come to a median of $1,751 per month, while tenants specifically pay a median gross rent of $1,816.

Median housing costs per month
$1,751/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Centennial Lakes
$1,816/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Centennial Lakes

Centennial Lakes education at a glance

About 14.2% of the population in Centennial Lakes went to high school, while 14.7% pursued college studies. Another 9.4% earned an associate degree and 37.2% hold a bachelor’s. Meanwhile, 23.6% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 6 1% 0.0%
High school diploma 86 14.2% -11.3%
College diploma 89 14.7% -3.3%
Associate degree 57 9.4% 18.8%
Bachelor's degree 226 37.2% 1.4%
Graduate degree 143 23.6% 12.6%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Centennial Lakes

How much people earn in Centennial Lakes

The average annual household income in Centennial Lakes was $110,379 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +3.2% change from the previous year. At the same time, the median income stood at $79,884, reflecting a +5.4% shift over the same period.

Average household income in Centennial Lakes
$110,379/year
3.2% year-over-year change
Median household income in Centennial Lakes
$79,884/year
5.3% year-over-year change

Centennial Lakes income by age

In Centennial Lakes, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $88,801. Those with someone between 45 and 64 in charge, often well established professionally, earn $116,417 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $54,268, while those led by someone over 65, many of whom may be retired, have about $54,490 in earnings. Overall, 89.9% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $54,268 29.9%
25 - 44 $88,801 -14.3%
45 - 64 $116,417 2.7%
Over 65 $54,490 -5.5%
Above poverty level
617
Below poverty level
69
Value Percent YoY
change
Above poverty level 617 89.9% 2.7%
Below poverty level 69 10.1% 7.8%

Employment in Centennial Lakes

Workforce and job types in Centennial Lakes

92.9% of the working population are employed in professional or administrative positions, while 7.1% are in hands-on or service-based jobs. Also, 6.2% run their own businesses, 69.1% are employed by private companies, and 12.2% work in the public sector.

Workforce demographics

White collar
314
Blue collar
24
Value Percent YoY change
White collar 314 92.9% 7.2%
Blue collar 24 7.1% 0.0%
Employer type
Self employees
6.2%
Private companies
69.1%
Governmental workers
12.2%
Not for profit companies
12.5%
Value Percent YoY change
Self employees 21 6.2% 10.5%
Private companies 233 69.1% 6.9%
Governmental workers 41 12.2% 51.9%
Not for profit companies 42 12.5% -19.2%

Transportation in Centennial Lakes

How people get around in Centennial Lakes

Commuting methods vary: 89.2% of residents travel by personal vehicle and 8.5% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 199 89.2% -3.4%
Taxicab 2 0.9% 0.0%
Bus or trolleybus 3 1.4% 0.0%
Walk 19 8.5% 35.7%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Centennial Lakes by zipcode?

Zipcode Population Number of households Median income Average income
55435 14,192 7,628 $79,884 $110,379

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FAQs about Centennial Lakes demographics 

What is the total population of Centennial Lakes?

Centennial Lakes has a total population of 710 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +3.5% compared to a year ago.

What is the gender ratio in Centennial Lakes?

The gender ratio in Centennial Lakes is as follows:
  • 43% males (305 residents)
  • 57% females (405 residents)

What is the median age in Centennial Lakes?

The median age in Centennial Lakes is 48.3.

What is the age distribution of the population in Centennial Lakes?

The age distribution in Centennial Lakes is as follows:
  • Under 15: 12.9% (92 residents)
  • Ages 15-24: 6.9% (49 residents)
  • Ages 25-44: 28.4% (202 residents)
  • Ages 45-64: 20.4% (145 residents)
  • Over 65: 31.4% (223 residents)

What is the racial and ethnic makeup of Centennial Lakes?

The racial and ethnic makeup of Centennial Lakes is as follows:
  • White: 73.3% (521 residents)
  • Black or African American: 6.9% (49 residents)
  • American Indian and Alaska Native: 1.3% (9 residents)
  • Asian: 10% (71 residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 5.8% (41 residents)
  • Other: 2.8% (20 residents)

What percentage of the population in Centennial Lakes are U.S.-born citizens?

U.S.-born citizens represent 83.9% of the population in Centennial Lakes.

How many housing units are there in Centennial Lakes?

There are 409 housing units in Centennial Lakes, reflecting a -0.5% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Centennial Lakes and what is the average household size?

Centennial Lakes has a total of 382 households, with an average of 2 people in each.

What is the median household income in Centennial Lakes?

Centennial Lakes has a median household income of $79,884, representing a +5.3% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Centennial Lakes?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 92.9% (314 residents)
  • Blue-collar workers: 7.1% (24 residents)

Places of employment:
  • Self-employed: 6.2% (21 residents)
  • Private companies: 69.1% (233 residents)
  • Governmental workers: 12.2% (41 residents)
  • Not-for-profit companies: 12.5% (42 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025