Life in Minnetonka research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Minnetonka over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Minnetonka:
The population in Minnetonka is 53,529.
The median home value in Minnetonka is $450,534.
The median income in Minnetonka is $114,867.
The cost of living in Minnetonka is 115 which is 1.1x higher than the national average.
The median rent in Minnetonka is $1,673.
The unemployment rate in Minnetonka is 2.5%.
The poverty rate in Minnetonka is 4.5%.
The average high in Minnetonka is 54.7° and the average low is 36.2°.
Crime in Minnetonka summary. We use data from the FBI to determine the crime rates in Minnetonka. Key points include:
There were 955 total crimes in Minnetonka in the last reporting year.
The overall crime rate per 100,000 people in Minnetonka is 1,825.7 / 100k people.
The violent crime rate per 100,000 people in Minnetonka is 89.9 / 100k people.
The property crime rate per 100,000 people in Minnetonka is 1,735.8 / 100k people.
Overall, crime in Minnetonka is -21.45% below the national average.
Statistic | Count Raw |
Minnetonka / 100k People |
Minnesota / 100k People |
National / 100k People |
---|---|---|---|---|
Total Crimes Per 100K | 955 | 1,825.7 | 2,402.4 | 2,324.2 |
Violent Crime | 47 | 89.9 | 277.5 | 369.8 |
Murder | 0 | 0.0 | 3.4 | 6.3 |
Robbery | 13 | 24.9 | 68.5 | 66.1 |
Aggravated Assault | 27 | 51.6 | 166.5 | 268.2 |
Property Crime | 908 | 1,735.8 | 2,124.9 | 1,954.4 |
Burglary | 102 | 195.0 | 307.0 | 269.8 |
Larceny | 735 | 1,405.1 | 1,567.8 | 1,401.9 |
Car Theft | 71 | 135.7 | 250.0 | 282.7 |
Cost of living in Minnetonka summary. We use data on the cost of living to determine how expensive it is to live in Minnetonka. Real estate prices drive most of the variance in cost of living around Minnesota. Key points include:
The cost of living in Minnetonka is 115 with 100 being average.
The cost of living in Minnetonka is 1.1x higher than the national average.
The median home value in Minnetonka is $450,534.
The median income in Minnetonka is $114,867.
Living Expense | Minnetonka | Minnesota | National Average | |
---|---|---|---|---|
Overall | 115 | 95 | 100 | |
Services | 106 | 101 | 100 | |
Groceries | 94 | 98 | 100 | |
Health | 102 | 111 | 100 | |
Housing | 155 | 83 | 100 | |
Transportation | 105 | 98 | 100 | |
Utilities | 100 | 95 | 100 |
The average high in Minnetonka is 54.7° and the average low is 36.2°.
There are 59.5 days of precipitation each year.
Expect an average of 31.7 inches of precipitation each year with 51.8 inches of snow.
Stat | Minnetonka |
---|---|
Average Annual High | 54.7 |
Average Annual Low | 36.2 |
Annual Precipitation Days | 59.5 |
Average Annual Precipitation | 31.7 |
Average Annual Snowfall | 51.8 |
The current population in Minnetonka is 53,529. The population has increased 8.0% from 2010.
Year | Population | % Change |
---|---|---|
2022 | 53,529 | 1.9% |
2021 | 52,546 | 0.9% |
2020 | 52,102 | 0.9% |
2019 | 51,651 | 0.8% |
2018 | 51,249 | 0.7% |
2017 | 50,897 | 0.7% |
2016 | 50,523 | 0.7% |
2015 | 50,151 | 0.8% |
2014 | 49,766 | 0.4% |
2013 | 49,567 | - |
82.5% White with 44,140 White residents.
4.0% African American with 2,120 African American residents.
0.1% American Indian with 58 American Indian residents.
6.5% Asian with 3,461 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.1% Other with 49 Other residents.
3.6% Two Or More with 1,951 Two Or More residents.
3.3% Hispanic with 1,750 Hispanic residents.
Race | Minnetonka | MN | USA |
---|---|---|---|
White | 82.5% | 77.7% | 58.9% |
African American | 4.0% | 6.6% | 12.1% |
American Indian | 0.1% | 0.8% | 0.6% |
Asian | 6.5% | 5.0% | 5.7% |
Hawaiian | 0.0% | 0.0% | 0.2% |
Other | 0.1% | 0.4% | 0.4% |
Two Or More | 3.6% | 3.8% | 3.5% |
Hispanic | 3.3% | 5.7% | 18.7% |
Minnetonka is 50.4% female with 26,971 female residents.
Minnetonka is 49.6% male with 26,558 male residents.
Gender | Minnetonka | MN | USA |
---|---|---|---|
Female | 50.4% | 49.8% | 50.4% |
Male | 49.6% | 50.2% | 49.6% |
1.0% of adults in Minnetonka completed < 9th grade.
1.0% of adults in Minnetonka completed 9-12th grade.
12.0% of adults in Minnetonka completed high school / ged.
16.0% of adults in Minnetonka completed some college.
7.0% of adults in Minnetonka completed associate's degree.
39.0% of adults in Minnetonka completed bachelor's degree.
17.0% of adults in Minnetonka completed master's degree.
5.0% of adults in Minnetonka completed professional degree.
2.0% of adults in Minnetonka completed doctorate degree.
Education | Minnetonka | MN | USA |
---|---|---|---|
< 9th Grade | 1.0% | 2.0% | 4.0% |
9-12th Grade | 1.0% | 4.0% | 6.0% |
High School / GED | 12.0% | 24.0% | 26.0% |
Some College | 16.0% | 20.0% | 20.0% |
Associate's Degree | 7.0% | 12.0% | 9.0% |
Bachelor's Degree | 39.0% | 25.0% | 21.0% |
Master's Degree | 17.0% | 9.0% | 10.0% |
Professional Degree | 5.0% | 2.0% | 2.0% |
Doctorate Degree | 2.0% | 2.0% | 2.0% |
2.4% of households in Minnetonka earn Less than $10,000.
1.7% of households in Minnetonka earn $10,000 to $14,999.
3.9% of households in Minnetonka earn $15,000 to $24,999.
3.6% of households in Minnetonka earn $25,000 to $34,999.
7.6% of households in Minnetonka earn $35,000 to $49,999.
11.9% of households in Minnetonka earn $50,000 to $74,999.
11.9% of households in Minnetonka earn $75,000 to $99,999.
19.5% of households in Minnetonka earn $100,000 to $149,999.
14.6% of households in Minnetonka earn $150,000 to $199,999.
22.9% of households in Minnetonka earn $200,000 or more.
Income | Minnetonka | MN | USA |
---|---|---|---|
Less than $10,000 | 2.4% | 3.6% | 4.9% |
$10,000 to $14,999 | 1.7% | 3.0% | 3.8% |
$15,000 to $24,999 | 3.9% | 5.8% | 7.0% |
$25,000 to $34,999 | 3.6% | 6.3% | 7.4% |
$35,000 to $49,999 | 7.6% | 9.9% | 10.7% |
$50,000 to $74,999 | 11.9% | 16.1% | 16.1% |
$75,000 to $99,999 | 11.9% | 13.6% | 12.8% |
$100,000 to $149,999 | 19.5% | 19.6% | 17.1% |
$150,000 to $199,999 | 14.6% | 10.4% | 8.8% |
$200,000 or more | 22.9% | 11.9% | 11.4% |