In 2017, Minnetonka, MN had a population of 52.1k people with a median age of 44.8 and a median household income of $86,672. Between 2016 and 2017 the population of Minnetonka, MN grew from 51,651 to 52,102, a 0.873% increase and its median household income grew from $83,496 to $86,672, a 3.8% increase.
The 5 largest ethnic groups in Minnetonka, MN are White (Non-Hispanic) (86.1%), Asian (Non-Hispanic) (4.57%), Black or African American (Non-Hispanic) (4.26%), Two or More Races (Non-Hispanic) (2.5%), and White (Hispanic) (1.51%). N/A% of the people in Minnetonka, MN speak a non-English language, and 95.8% are U.S. citizens.
The median property value in Minnetonka, MN is $315,800, and the homeownership rate is 68.8%. Most people in Minnetonka, MN commute by Drove Alone, and the average commute time is 21 minutes. The average car ownership in Minnetonka, MN is 2 cars per household.