Medina, MN's Data
About Medina, MN's
Medina, located in Hennepin County, Minnesota, is a city known for its scenic landscapes and affluent residential communities. Established in 1858 and incorporated as a city in 1974, Medina offers a blend of historical charm and modern suburban living. The city is situated west of Minneapolis and is part of the Minneapolis-Saint Paul metropolitan area, providing residents with a peaceful environment while still being close to urban amenities.
Things To Do in Medina, MN
Hike: Here are a couple of local trails to check out!
Local Attractions in Medina, MN
Baker Park Reserve - A vast park offering camping, golfing, horseback riding, and a swimming pond.
Medina Entertainment Center - A popular venue for bowling, live music, and dining.
Hammer Reservoir - Known for fishing, kayaking, and tranquil natural trails.
Medina Ballroom - Historic venue hosting concerts and events.
Holy Name of Jesus Catholic Church - Notable for its architecture and community services.
The Economy of Medina, MN
Medina's economy is primarily driven by its residential nature, with a significant portion of its workforce commuting to Minneapolis and other nearby cities for employment. The local economy benefits from a mix of small businesses, services, and light manufacturing. The presence of large estates and high-value properties also contributes to its economic landscape through substantial property tax revenues, which support local infrastructure and services.
Medina, MN Inflation
Understanding the BLS and Inflation in Medina, MN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Medina, MN. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Medina, MN understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Medina, MN using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Medina, MN when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Medina, MN
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