Minnetonka, MN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Minnetonka, MN: Quick Facts & Overview
- Population: 53,064 residents (761 people per sq. mi.)
- Average House Price: $476,067
- Average Household Income: $119,517
Minnetonka, MN is located in the state of Minnesota. It is home to about 53,064 people, with around 761 residents living in every square mile.
If you want to buy a house in Minnetonka, the average price is around $476,067. That makes local housing 83% higher than the Minnesota average of $260,056, and 54% higher than the national average of $308,592.
The average household in Minnetonka earns about $119,517 a year. This income is 46% higher than the average family in Minnesota ($82,068), and 52% higher than the national average ($78,686).
Population
53,064
Median Household Income
$119,517
Median Home Value
$476,067
Median Age
42.9 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $64,601 |
| Labor Force Participation | 68.6% |
| Unemployment Rate | 3.0% |
| Average Commute Time | 19.3 mins |
Housing & Community Metrics
| Home Ownership Rate | 71.6% |
| Median Rent | $1,779 |
| Rent Burdened (>30% Income) | 28.0% |
| Total Housing Units | 23,515 |
Additional Census & Housing Profile
Geographic Overview
| County | Hennepin |
| County FIPS | 27053 |
| Metro Area (CBSA) | Minneapolis-St. Paul-Bloomington, MN-WI |
| Combined Area (CSA) | Minneapolis-St. Paul, MN-WI |
| Population Density | 760.8/sq mi |
| Coordinates (lat/lng) | 44.9322, -93.4598 |
| Timezone | America/Chicago |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 2.88 |
| Dual Income Families | 61.3% |
Marital Status
| Married | 56.1% |
| Never Married | 26.2% |
| Divorced | 12.6% |
| Widowed | 5.1% |
Gender
| Male | 49.0% |
| Female | 51.0% |
Health & Poverty
| Uninsured Rate (Health) | 1.3% |
| Poverty Rate | 5.9% |
Key Population Groups
| Veterans | 4.5% |
| Disabled Population | 9.2% |
| Limited English Proficiency | 2.3% |
All ZIP Codes in Minnetonka
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Hopkins, MN | 2.7 miles | 18,819 |
| Woodland, MN | 3.1 miles | 477 |
| Deephaven, MN | 3.4 miles | 3,793 |
| Wayzata, MN | 3.7 miles | 4,354 |
| St. Louis Park, MN | 4.8 miles | 49,594 |
| Greenwood, MN | 4.9 miles | 699 |
| Medicine Lake, MN | 5.1 miles | 596 |
| Edina, MN | 5.6 miles | 53,262 |
| Excelsior, MN | 5.6 miles | 2,570 |
| Eden Prairie, MN | 5.8 miles | 63,051 |
| Plymouth, MN | 6.2 miles | 79,220 |
| Golden Valley, MN | 6.3 miles | 21,725 |
| Long Lake, MN | 6.4 miles | 1,728 |
| Tonka Bay, MN | 6.4 miles | 1,270 |
| Shorewood, MN | 6.7 miles | 7,647 |
| Orono, MN | 6.8 miles | 8,195 |
| Chanhassen, MN | 7.3 miles | 26,006 |
| New Hope, MN | 8.1 miles | 21,181 |
| Spring Park, MN | 8.4 miles | 1,896 |
| Crystal, MN | 8.8 miles | 22,476 |
| Robbinsdale, MN | 9 miles | 14,234 |
| Medina, MN | 9.2 miles | 6,968 |
| Richfield, MN | 9.5 miles | 36,642 |
| Minneapolis, MN | 9.6 miles | 2,937,870 |
| Mound, MN | 9.7 miles | 9,107 |
| Bloomington, MN | 10 miles | 88,665 |
| Chaska, MN | 10.8 miles | 28,706 |
| Victoria, MN | 10.8 miles | 11,295 |
| Shakopee, MN | 10.9 miles | 46,012 |
| Maple Plain, MN | 11.2 miles | 1,701 |
| Brooklyn Center, MN | 11.7 miles | 32,479 |
| Loretto, MN | 12.1 miles | 784 |
| Maple Grove, MN | 12.2 miles | 71,173 |
| Minnetrista, MN | 12.3 miles | 8,708 |
| Columbia Heights, MN | 13.1 miles | 22,155 |
| Savage, MN | 13.2 miles | 32,889 |
| Osseo, MN | 13.2 miles | 2,584 |
| Hilltop, MN | 13.2 miles | 1,053 |
| Lauderdale, MN | 13.3 miles | 2,388 |
| Brooklyn Park, MN | 13.5 miles | 83,876 |
| St. Anthony, MN | 13.6 miles | 9,671 |
| Corcoran, MN | 13.6 miles | 7,302 |
| Independence, MN | 13.6 miles | 3,694 |
| St. Bonifacius, MN | 14.2 miles | 1,997 |
| Crown College, MN | 14.2 miles | 422 |
| Fridley, MN | 14.3 miles | 30,241 |
| Prior Lake, MN | 14.4 miles | 28,016 |
| Falcon Heights, MN | 14.4 miles | 5,085 |
| Burnsville, MN | 14.6 miles | 64,463 |
| Mendota, MN | 14.9 miles | 207 |
| Carver, MN | 15 miles | 6,239 |
| New Brighton, MN | 15.5 miles | 22,710 |
| Roseville, MN | 16 miles | 35,802 |
| Mendota Heights, MN | 16 miles | 11,612 |
| Greenfield, MN | 16.1 miles | 2,894 |
| Lilydale, MN | 16.2 miles | 772 |
| Eagan, MN | 16.5 miles | 68,000 |
| Spring Lake Park, MN | 16.5 miles | 7,032 |
| Champlin, MN | 16.8 miles | 23,294 |
| Waconia, MN | 17.3 miles | 13,434 |
| Mounds View, MN | 17.3 miles | 12,926 |
| Arden Hills, MN | 17.3 miles | 9,658 |
| St. Paul, MN | 17.4 miles | 307,284 |
| Rockford, MN | 17.8 miles | 4,597 |
| Dayton, MN | 17.9 miles | 9,095 |
| Delano, MN | 17.9 miles | 6,942 |
| Apple Valley, MN | 18.1 miles | 55,679 |
| Credit River, MN | 18.2 miles | 5,551 |
| Coon Rapids, MN | 18.3 miles | 63,468 |
| West St. Paul, MN | 18.4 miles | 21,382 |
| Sunfish Lake, MN | 18.4 miles | 533 |
| Rogers, MN | 18.5 miles | 13,685 |
| Hanover, MN | 18.5 miles | 3,626 |
| Watertown, MN | 18.8 miles | 4,790 |
| Shoreview, MN | 19 miles | 26,714 |
| Little Canada, MN | 19.3 miles | 10,514 |
| Anoka, MN | 19.5 miles | 17,970 |
| Cologne, MN | 19.8 miles | 2,282 |
| Lexington, MN | 20 miles | 2,770 |
| Lakeville, MN | 20.3 miles | 74,354 |
| Jordan, MN | 20.4 miles | 6,771 |
| Blaine, MN | 20.5 miles | 72,488 |
| South St. Paul, MN | 20.7 miles | 20,611 |
| Vadnais Heights, MN | 20.7 miles | 12,838 |
| Circle Pines, MN | 20.9 miles | 4,968 |
| Inver Grove Heights, MN | 21 miles | 35,906 |
| Mayer, MN | 21.3 miles | 2,518 |
| North Oaks, MN | 21.5 miles | 5,179 |
| Maplewood, MN | 21.6 miles | 40,695 |
| St. Michael, MN | 21.8 miles | 20,010 |
| Gem Lake, MN | 22.3 miles | 483 |
| Ramsey, MN | 22.8 miles | 28,421 |
| Newport, MN | 23 miles | 4,754 |
| Rosemount, MN | 23.2 miles | 27,562 |
| North St. Paul, MN | 23.2 miles | 12,570 |
| Albertville, MN | 23.2 miles | 8,207 |
| Andover, MN | 23.4 miles | 33,035 |
| White Bear Lake, MN | 23.6 miles | 23,908 |
| St. Paul Park, MN | 23.7 miles | 5,457 |
| Landfall, MN | 23.7 miles | 776 |