In 2023, Minnetonka, MN had a population of 53.3k people with a median age of 42.8 and a median household income of $120,496. Between 2022 and 2023 the population of Minnetonka, MN declined from 53,529 to 53,256, a −0.51% decrease and its median household income grew from $114,867 to $120,496, a 4.9% increase.
The 5 largest ethnic groups in Minnetonka, MN are White (Non-Hispanic) (80.8%), Asian (Non-Hispanic) (6.71%), Two+ (Non-Hispanic) (4.1%), Black or African American (Non-Hispanic) (3.83%), and Two+ (Hispanic) (2.5%).
None of the households in Minnetonka, MN reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
95.1% of the residents in Minnetonka, MN are U.S. citizens.
The largest universities in Minnetonka, MN are Adler Graduate School (85 degrees awarded in 2023).
In 2023, the median property value in Minnetonka, MN was $456,200, and the homeownership rate was 72.5%.
Most people in Minnetonka, MN drove alone to work, and the average commute time was 20.1 minutes. The average car ownership in Minnetonka, MN was 2 cars per household.
