Minnetonka, MN
Demographics And Statistics

Demographics | Crime | Cost Of Living
Updated: 2023-12-15

Living In Minnetonka, Minnesota Summary

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°.

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Minnetonka SnackAbility

10
Overall SnackAbility
Jobs
9/10
Housing
9
Affordability
7
Diversity
7
Safety
8.5
Amenities
9
Education
9
Commute
8
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Minnetonka, MN Crime Report

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.

955
Total Crimes
-21.45%
Below National Average

Crime In Minnetonka Comparison Table

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

Minnetonka, MN Cost Of Living

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.

115
Minnetonka's Overall Cost Of Living
1.1x
Higher Than The National Average

Cost Of Living In Minnetonka Comparison Table

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

Minnetonka, MN Weather

  • 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.

StatMinnetonka
Average Annual High54.7
Average Annual Low36.2
Annual Precipitation Days59.5
Average Annual Precipitation31.7
Average Annual Snowfall51.8
54.7°
Average High
59.5°
Days of Rain

Minnetonka, MN Photos

Minncommctr
Source: Public Domain
Charles H
Source: Wikipedia User McGhiever | CC BY-SA 4.0
Cargilllakeoffice
Source: Wikipedia User Bobak Ha'Eri | CC BY 3.0
Minnetonkach
Source: Wikipedia User Bobak Ha'Eri | CC BY 3.0

Rankings for Minnetonka in Minnesota

Locations Around Minnetonka

Map Of Minnetonka, MN

Best Places Around Minnetonka

1

Maple Grove, MN
Population 70,110

2

Edina, MN
Population 53,037

3

Shoreview, MN
Population 26,846

4

Plymouth, MN
Population 79,918

5

Eden Prairie, MN
Population 63,623

6

Shorewood, MN
Population 7,722

7

Rogers, MN
Population 13,283

8

Minnetrista, MN
Population 8,347

9

Champlin, MN
Population 23,666

10

Mendota Heights, MN
Population 11,642

Minnetonka Demographics And Statistics

Population over time in Minnetonka

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 -

Race / Ethnicity in Minnetonka

White
82.5% (44,140)
African American
4.0% (2,120)
American Indian
0.1% (58)
Asian
6.5% (3,461)
Hawaiian
0.0% (0)
Other
0.1% (49)
Two Or More
3.6% (1,951)
Hispanic
3.3% (1,750)

Minnetonka is:

  • 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%

Gender in Minnetonka

Female
50.4% (26,971)
Male
49.6% (26,558)
  • 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%

Highest level of educational attainment in Minnetonka for adults over 25

  • 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.

< 9th Grade
1.0% (535)
9-12th Grade
1.0% (535)
High School / GED
12.0% (6,423)
Some College
16.0% (8,564)
Associate's Degree
7.0% (3,747)
Bachelor's Degree
39.0% (20,876)
Master's Degree
17.0% (9,099)
Professional Degree
5.0% (2,676)
Doctorate Degree
2.0% (1,070)
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%

Household Income For Minnetonka, Minnesota

  • 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.

Less than $10,000
2.4% (126,491)
$10,000 to $14,999
1.7% (90,808)
$15,000 to $24,999
3.9% (211,352)
$25,000 to $34,999
3.6% (194,197)
$35,000 to $49,999
7.6% (406,694)
$50,000 to $74,999
11.9% (637,718)
$75,000 to $99,999
11.9% (634,973)
$100,000 to $149,999
19.5% (1,045,327)
$150,000 to $199,999
14.6% (781,136)
$200,000 or more
22.9% (1,224,199)
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%

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