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Population Review

Minnetonka city, MN — Population & Demographics

Minnetonka city, MN has a population of 53,256. The median household income is $120,496 and the median age is 42.8.

53,256

Population

$120,496

Median Income

$456,200

Median Home Value

42.8

Median Age

Race & Ethnicity

White81.8%
Black or African American3.9%
Asian0.0%
Hispanic or Latino (any race)1.1%
Two or More Races0.0%

Economy & Income

$120,496

Median Household Income

$73,713

Per Capita Income

2.5%

Poverty Rate

1.5%

Unemployment Rate

Housing

$456,200

Median Home Value

$1,758

Median Rent

72.5%

Owner-Occupied

Education

97.3%

High School+

63.3%

Bachelor's+

Commute

0.9%

Drive Alone

25.8%

Work From Home

20.1 min

Avg Commute

Frequently Asked Questions

Minnetonka city, MN has a population of 53,256 according to Census ACS 2023 data.

The median household income in Minnetonka city, MN is $120,496, with 2.5% living below the poverty level.

The median home value in Minnetonka city, MN is $456,200, with median rent at $1,758.

Data from the American Community Survey (ACS) 5-Year estimates.