Minnetonka, MN

Census Place

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2024 Population
53,064
US Senator
Amy Klobuchar
Democratic(DFL) Party
US Senator
Tina Smith
Democratic(DFL) Party
2024 Median Age
42.9
0.234% 1-year increase
2024 Poverty Rate
5.94%
24.2% 1-year increase
2024 Median Household Income
$119,517
0.812% 1-year decline
2024 Median Property Value
$475,800
4.3% 1-year growth
2024 Employed Population
28,664
1.02% 1-year decline

About

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 2024, the median property value in Minnetonka, MN was $475,800, and the homeownership rate was 71.6%.

Most people in Minnetonka, MN drove alone to work, and the average commute time was 19.3 minutes. The average car ownership in Minnetonka, MN was 2 cars per household.

United StatesMinnesotaHennepin County, MNMinneapolis-St. Paul-Bloomington, MN-WIHennepin County (West)--Champlin, Rogers Cities & Lake Minnetonka PUMA, MNHennepin County--Plymouth, Maple Grove (West) & Medicine Lake Cities PUMA, MNHennepin County--Eden Prairie & Minnetonka Cities PUMA, MNHennepin County--Edina, St. Louis Park & Hopkins Cities PUMA, MNCarver County PUMA, MN

Population & Diversity

Minnetonka, MN is home to a population of 53.1k people, from which 95.1% are citizens. As of 2024, 10.9% of Minnetonka, MN residents were born outside of the country (5.78k people).

In 2024, there were 13.6 times more White (Non-Hispanic) residents (42.9k people) in Minnetonka, MN than any other race or ethnicity. There were 3.17k Asian (Non-Hispanic) and 2.22k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

95.1%
2024 Citizenship
95.1%
2023 Citizenship

As of 2024, 95.1% of Minnetonka, MN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Minnetonka, MN was 95.1%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Minnetonka, MN compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Minnetonka, MN
  1. White (Non-Hispanic)
    42.9k ± 945
  2. Asian (Non-Hispanic)
    3.17k ± 726
  3. Black or African American (Non-Hispanic)
    2.22k ± 551
4.07%
Hispanic Population
2.16k people

In 2024, there were 13.6 times more White (Non-Hispanic) residents (42.9k people) in Minnetonka, MN than any other race or ethnicity. There were 3.17k Asian (Non-Hispanic) and 2.22k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

4.07% of the people in Minnetonka, MN are hispanic (2.16k people).

The following chart shows the 8 races represented in Minnetonka, MN as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Minnesota.
Most Common Origin
  1. Mexico
    58,764 ± 5,921 people
  2. Somalia
    36,253 ± 4,660 people
  3. India
    31,836 ± 4,368 people

In 2023, the most common birthplace for the foreign-born residents of Minnesota was Mexico, the natal country of 58,764 Minnesota residents, followed by Somalia with 36,253 and India with 31,836.

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Foreign-Born Population

10.9%
2024 Foreign-Born Population
5.78k people
10.4%
2023 Foreign-Born Population
5.53k people

As of 2024, 10.9% of Minnetonka, MN residents (5.78k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Minnetonka, MN was 10.4%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Minnetonka, MN compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Vietnam
    765 ± 170
  2. Gulf War (2001-)
    266 ± 129
  3. Gulf War (1990s)
    158 ± 98

Minnetonka, MN has a large population of military personnel who served in Vietnam, 2.88 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Minnetonka, MN.

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Economy

The economy of Minnetonka, MN employs 28.7k people. In 2024, the largest industries in Minnetonka, MN were Health Care & Social Assistance (4,140 people), Professional, Scientific, & Technical Services (4,048 people), and Manufacturing (3,783 people), and the highest paying industries were Manufacturing ($110,185), Professional, Scientific, & Technical Services ($103,897), and Finance & Insurance ($97,525).

Employment

Occupations

28.7k
2024 Value
± 1,231
−1.02%
1 Year decline
± 6.03%

From 2023 to 2024, employment in Minnetonka, MN declined at a rate of −1.02%, from 29k employees to 28.7k employees.

The most common job groups, by number of people living in Minnetonka, MN, are Management Occupations (4,787 people), Business & Financial Operations Occupations (3,282 people), and Sales & Related Occupations (3,028 people). This chart illustrates the share breakdown of the primary jobs held by residents of Minnetonka, MN.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for Minnesota.

This chart shows weekly unemployment insurance claims in Minnesota (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

28.7k
2024 Value
± 1,231
−1.02%
1 Year decline
± 6.03%

From 2023 to 2024, employment in Minnetonka, MN declined at a rate of −1.02%, from 29k employees to 28.7k employees.

The most common employment sectors for those who live in Minnetonka, MN, are Health Care & Social Assistance (4,140 people), Professional, Scientific, & Technical Services (4,048 people), and Manufacturing (3,783 people). This chart shows the share breakdown of the primary industries for residents of Minnetonka, MN, though some of these residents may live in Minnetonka, MN and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$92,210
Median earning men ± $4,885
$62,399
Median earning women ± $3,610

The industries with the best median earnings for men in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($125,147), Professional, Scientific, & Management, & Administrative & Waste Management Services ($113,271), and Manufacturing ($111,130).

The industries with the best median earnings for women in 2024 are Information ($103,458), Manufacturing ($98,971), and Public Administration ($86,250).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Minnesota.
Y-Axis
2.26%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 2.93M people employed in Minnesota. This represents a 2.26% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 13.4%.

The following chart shows monthly employment numbers for each industry sector in Minnesota.

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Civics

In the 2024 presidential election, the popular vote in Minnesota went to Kamala Harris with 50.9% of the vote. The runner-up was Donald J. Trump (46.7%), followed by Robert Kennedy (0.738%).

Amy Klobuchar and Tina Smith are the senators currently representing the state of Minnesota. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Minnesota is currently represented by 8 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Voting results are not available for Minnetonka, MN. Showing the available data for Minnesota.
2024 Election Results
  1. Kamala Harris (50.9%)
    Democratic Party
  2. Donald J. Trump (46.7%)
    Republican Party
  3. Robert Kennedy (0.738%)
    Independent Party

In the 2024 presidential election, the popular vote in Minnesota went to Kamala Harris with 50.9% of the vote. The runner-up was Donald J. Trump (46.7%), followed by Robert Kennedy (0.738%).

The following chart shows the popular vote results in Minnesota for each registered party from 1976 to 2024.

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Senator Elections

US Senators from Minnesota

Senatorial voting results are only available at the state level. Showing data for Minnesota.
Amy Klobuchar
Senator from Minnesota1
Assumed office on January 3, 2007
The Minnesota Democratic–Farmer–Labor Party (DFL) is the Minnesota affiliate of the U.S. Democratic Party and its members are counted as Democrats.
Tina Smith
Senator from Minnesota2
Assumed office on January 3, 2018
Appointed to the seat following the resignation of Al Franken.

Amy Klobuchar and Tina Smith are the senators currently representing Minnesota.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Minnesota over time, excluding special elections, colored by their political party.

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Education

In 2023, universities in Minnetonka, MN awarded 85 degrees. The student population of Minnetonka, MN in 2023 is skewed towards women, with 47 male students and 198 female students.

Most students graduating from Universities in Minnetonka, MN are White (73 and 85.9%), Black or African American (8 and 9.41%), Hispanic or Latino (2 and 2.35%), and American Indian or Alaska Native (1 and 1.18%).

The largest universities in Minnetonka, MN by number of degrees awarded are Adler Graduate School (85 and 100%).

The most popular majors in Minnetonka, MN are Mental Health Counseling (67 and 78.8%) and Art Therapy (18 and 21.2%).

Admissions & Enrollments

Enrollments by Gender and Races

In 2023 there were 245 students enrolled in Minnetonka, MN, 19.2% men and 80.8% women.

By race, the largest number of students enrolled was concentrated in White with 191 records, of which 79.6% were women and 20.4% men.

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Completions

Concentrations

Most Common
  1. Mental Health Counseling
    57 degrees awarded
  2. Art Therapy
    18 degrees awarded

In 2023, the most common concentation for Masters Degree recipients in Minnetonka, MN was Mental Health Counseling with 57 degrees awarded.

This visualization illustrates the percentage of students graduating with a Masters Degree from schools in Minnetonka, MN according to their major.

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Universities

Gender
Race
Adler Graduate School
Largest Universities by degrees awarded
85 degrees awarded

In 2023, the institution with the largest number of graduating students was Adler Graduate School with 85 degrees awarded.

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Student Diversity

In 2023, 20 men were awarded degrees from institutions in Minnetonka, MN, which is 0.308 times less than the 65 female students who received degrees in the same year.

In 2023, the most common race/ethnicity group awarded degrees at institutions was White students. These 73 degrees mean that there were 9.13 times more degrees awarded to White students then the next closest race/ethnicity group, Black or African American, with 8 degrees awarded.

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Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Housing & Living

The median property value in Minnetonka, MN was $475,800 in 2024, which is 1.43 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $456,200 to $475,800, a 4.3% increase. The homeownership rate in Minnetonka, MN is 71.6%, which is higher than the national average of 65.2%.

People in Minnetonka, MN have an average commute time of 19.3 minutes, and they drove alone to work. Car ownership in Minnetonka, MN is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$475,800
Median Property Value 2024
±$10,710
$16,834
Median Property Taxes
±$731

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Minnetonka, MN the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Minnetonka, MN compared to it's parent and neighbor geographies.

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Rent vs Own

71.6%
Homeownership
2024
63.5%
Homeowners with Mortgage
2024

In 2024, 71.6% of the housing units in Minnetonka, MN were occupied by their owner. This percentage declined from the previous year's rate of 72.5%.

This chart shows the percentage of owner in Minnetonka, MN compared it's parent and neighboring geographies.

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$119,517
Median Household Income
± $4,391
23.5k
Number of Households
± 1,015

In 2024, the median household income of the 23.5k households in Minnetonka, MN declined from $119,517 from the previous year's value of $120,496.

The following chart displays the households in Minnetonka, MN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

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Wage Distribution

The closest comparable wage GINI for Minnetonka, MN is from Minnesota.
0.454
2023 Wage GINI in Minnesota
0.458
2022 Wage GINI in Minnesota

In 2023, the income inequality in Minnesota was 0.454 according to the GINI calculation of the wage distribution. Income inequality had a 0.78% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Minnesota was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Minnesota in comparison to the national average.

This chart shows the number of workers in Minnesota across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (65.1%)
  2. Worked At Home (27.4%)
  3. Carpooled (4.22%)

In 2024, 65.1% of workers in Minnetonka, MN drove alone to work, followed by those who worked at home (27.4%) and those who carpooled to work (4.22%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

19.3 minutes
Average Travel Time

Using averages, employees in Minnetonka, MN have a shorter commute time (19.3 minutes) than the normal US worker (26.4 minutes). Additionally, 0.696% of the workforce in Minnetonka, MN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Minnetonka, MN compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Minnetonka, MN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Minnetonka, MN have 2 cars.

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Poverty

Poverty & Diversity

5.94% of the population for whom poverty status is determined in Minnetonka, MN (3.13k out of 52.8k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Males 55 - 64, followed by Females 75+ and then Females 55 - 64.

The most common racial or ethnic group living below the poverty line in Minnetonka, MN is White, followed by Black and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

98.7% of the population of Minnetonka, MN has health coverage, with 59.4% on employee plans, 8.99% on Medicaid, 17.4% on Medicare, 12.6% on non-group plans, and 0.359% on military or VA plans.

Primary care physicians in Minnesota see 1,134 patients per year on average, which represents a 0% change from the previous year (1,134 patients). Compare this to dentists who see 1287 patients per year, and mental health providers who see 278 patients per year.

By gender, of the total number of insured persons, 49% were men and 51% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 22% under 18 years, 17.9% between 18 and 34 years, 37.5% between 35 and 64 years, and 22.6% over 64 years.

By gender, of the total number of insured persons, 49% were men and 51% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

1.34%
Uninsured
59.4%
Employer Coverage
8.99%
Medicaid
17.4%
Medicare
12.6%
Non-Group
0.359%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Minnetonka, MN declined by 31.4% from 1.95% to 1.34%.

The following chart shows how the percent of uninsured individuals in Minnetonka, MN changed over time compared with the percent of individuals enrolled in various types of health insurance.

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