Minnetonka, MN

Census Place

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2022 Population

53,529

0.52% 1-year decline

US Senator

Amy Klobuchar

Democratic (DFL) Party

US Senator

Tina Smith

Democratic (DFL) Party

2022 Median Age

42.5

0% 1-year change

2022 Poverty Rate

4.53%

0.537% 1-year increase

2022 Median Household Income

$114,867

8.34% 1-year growth

2022 Median Property Value

$430,800

15.5% 1-year growth

About

In 2022, Minnetonka, MN had a population of 53.5k people with a median age of 42.5 and a median household income of $114,867. Between 2021 and 2022 the population of Minnetonka, MN declined from 53,809 to 53,529, a −0.52% decrease and its median household income grew from $106,023 to $114,867, a 8.34% increase.

The 5 largest ethnic groups in Minnetonka, MN are White (Non-Hispanic) (82.5%), Asian (Non-Hispanic) (6.47%), Black or African American (Non-Hispanic) (3.96%), Two+ (Non-Hispanic) (3.64%), and Two+ (Hispanic) (1.8%).

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.

95.3% of the residents in Minnetonka, MN are U.S. citizens.

In 2022, the median property value in Minnetonka, MN was $430,800, and the homeownership rate was 72.2%.

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.

United States Minnesota Hennepin County, MN Minneapolis-St. Paul-Bloomington, MN-WI Hennepin County (West)--Champlin, Rogers Cities & Lake Minnetonka PUMA, MN Hennepin County--Plymouth, Maple Grove (West) & Medicine Lake Cities PUMA, MN Hennepin County--Eden Prairie & Minnetonka Cities PUMA, MN Hennepin County--Edina, St. Louis Park & Hopkins Cities PUMA, MN Carver County PUMA, MN

Population & Diversity

Minnetonka, MN is home to a population of 53.5k people, from which 95.3% are citizens. As of 2022, 10.2% of Minnetonka, MN residents were born outside of the country (5.49k people).

In 2022, there were 12.8 times more White (Non-Hispanic) residents (44.1k people) in Minnetonka, MN than any other race or ethnicity. There were 3.46k Asian (Non-Hispanic) and 2.12k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Citizenship

95.3%

2022 Citizenship

95.3%

2021 Citizenship

As of 2022, 95.3% of Minnetonka, MN residents were US citizens, which is higher than the national average of 93.5%. In 2021, the percentage of US citizens in Minnetonka, MN was 95.3%, meaning that the rate of citizenship has been increasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Minnetonka, MN

White (Non-Hispanic)
44.1k ± 1.11k
Asian (Non-Hispanic)
3.46k ± 752
Black or African American (Non-Hispanic)
2.12k ± 592

3.27%

Hispanic Population

1.75k people

3.27% of the people in Minnetonka, MN are hispanic (1.75k people).

The following chart shows the 7 races represented in Minnetonka, MN as a share of the total population.

Foreign-Born Population

10.2%

2022 Foreign-Born Population

5.49k people

10.4%

2021 Foreign-Born Population

5.6k people

As of 2022, 10.2% of Minnetonka, MN residents (5.49k people) were born outside of the United States, which is lower than the national average of 13.6%. In 2021, the percentage of foreign-born citizens in Minnetonka, MN was 10.4%, meaning that the rate has been decreasing.

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

Military

Veterans

Most Common Service Period

Vietnam
892 ± 173
Gulf War (2001-)
345 ± 154
Korea
259 ± 99

Minnetonka, MN has a large population of military personnel who served in Vietnam, 2.59 times greater than any other conflict.

Economy

The economy of Minnetonka, MN employs 29.7k people. The largest industries in Minnetonka, MN are Professional, Scientific, & Technical Services (4,243 people), Health Care & Social Assistance (4,158 people), and Manufacturing (3,604 people), and the highest paying industries are Agriculture, Forestry, Fishing & Hunting, & Mining ($109,306), Agriculture, Forestry, Fishing & Hunting ($109,306), and Information ($107,721).

Employment

Occupations

29.7k

2022 Value

± 1,239

−1.08%

1 Year decline

± 6%

From 2021 to 2022, employment in Minnetonka, MN declined at a rate of −1.08%, from 30k employees to 29.7k employees.

The most common job groups, by number of people living in Minnetonka, MN, are Management Occupations (4,615 people), Business & Financial Operations Occupations (3,749 people), and Sales & Related Occupations (3,362 people). This chart illustrates the share breakdown of the primary jobs held by residents of Minnetonka, MN.

Unemployment Insurance Claims

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

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

29.7k

2022 Value

± 1,239

−1.08%

1 Year decline

± 6%

From 2021 to 2022, employment in Minnetonka, MN declined at a rate of −1.08%, from 30k employees to 29.7k employees.

The most common employment sectors for those who live in Minnetonka, MN, are Professional, Scientific, & Technical Services (4,243 people), Health Care & Social Assistance (4,158 people), and Manufacturing (3,604 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.

Median Earnings by Industry

$85,978

Median earning men ± $4,996

$57,487

Median earning women ± $3,090

The industries with the best median earnings for men in 2022 are Finance & Insurance, & Real Estate & Rental & Leasing ($110,404), Manufacturing ($100,100), and Information ($98,482).

The industries with the best median earnings for women in 2022 are Agriculture, Forestry, Fishing & Hunting, & Mining ($130,625), Information ($115,093), and Manufacturing ($84,803).

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.

Civics

In the 2020 presidential election, the popular vote in Minnesota went to Joseph R Biden Jr. with 52.4% of the vote. The runner-up was Donald J. Trump (45.3%), followed by Jo Jorgensen (1.07%).

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

Presidential Popular Vote Over Time

Voting results are not available for Minnetonka, MN. Showing the available data for Minnesota.

2020 Election Results

Joseph R Biden Jr. (52.4%)
Democratic Party
Donald J. Trump (45.3%)
Republican Party
Jo Jorgensen (1.07%)
Libertarian Party

In the 2020 presidential election, the popular vote in Minnesota went to Joseph R Biden Jr. with 52.4% of the vote. The runner-up was Donald J. Trump (45.3%), followed by Jo Jorgensen (1.07%).

The following chart shows the popular vote results in Minnesota for each registered party from 1976 to 2020.

Senator Elections

US Senators from Minnesota

Senatorial voting results are only available at the state level. Showing data for Minnesota.

Amy Klobuchar

Senator from Minnesota

Assumed office on January 3, 2007
The Minnesota Democratic-Farmer-Labor Party (DFL) is the Minnesota affiliate of the Democratic Party (United States)|U.S. Democratic Party and its members are counted as Democrats.

Tina Smith

Senator from Minnesota

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.

US Representative Elections

US Representatives from Minnesota

Minnesota is currently represented by 8 members in the U.S. house.

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for Minnesota have changed over time starting in 2008.

Education

Completions

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.

Working Population

Educational Pyramid

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

Measure

In 2022, 0.877% of men over 25 years of age had not completed any academic degree (no schooling), while 0.991% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

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

Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (1.07M), Bachelors Degree (1.04M), and Some college (962k).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Minnetonka, MN was $430,800 in 2022, which is 1.53 times larger than the national average of $281,900. Between 2021 and 2022 the median property value increased from $373,000 to $430,800, a 15.5% increase. The homeownership rate in Minnetonka, MN is 72.2%, which is approximately the same as the national average of 64.8%.

People in Minnetonka, MN have an average commute time of 20.1 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.

Median household income in Minnetonka, MN is $114,867. In 2022, the place with the highest median household income in Minnetonka, MN was Census Tract 263.01 with a value of $167,688, followed by Census Tract 262.05 and Census Tract 264.04, with respective values of $151,094 and $149,213.

Property

$430,800

Median Property Value 2022

±$9,664

$16,905

Median Property Taxes

±$712

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.

Rent vs Own

72.2%

Homeownership

2022

63.9%

Homeowners with Mortgage

2022

In 2022, 72.2% of the housing units in Minnetonka, MN were occupied by their owner. This percentage grew from the previous year's rate of 71.7%.

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

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

Highest Median Household Income (Total)

Census Tract 263.01
Census Tract 262.05
Census Tract 264.04

In 2022, the place with the highest Median Household Income (Total) in Minnetonka, MN was Census Tract 263.01 with a value of $167,688, followed by Census Tract 262.05 and Census Tract 264.04, with respective values of $151,094 and $149,213.

The following map shows all of the places in Minnetonka, MN colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$114,867

Median Household Income

± $4,733

23.4k

Number of Households

± 1,033

In 2022, the median household income of the 23.4k households in Minnetonka, MN grew to $114,867 from the previous year's value of $106,023.

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.

Wage Distribution

The closest comparable wage GINI for Minnetonka, MN is from Minnesota.

0.458

2022 Wage GINI in Minnesota

0.459

2021 Wage GINI in Minnesota

In 2022, the income inequality in Minnesota was 0.458 according to the GINI calculation of the wage distribution. Income inequality had a 0.267% decline from 2021 to 2022, which means that wage distribution grew somewhat more even. The GINI for Minnesota was lower than than the national average of 0.478. 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.

Transportation

Commuter Transportation

Most Common Commute in 2022

Drove Alone (68%)
Worked At Home (22.6%)
Carpooled (5.25%)

In 2022, 68% of workers in Minnetonka, MN drove alone to work, followed by those who worked at home (22.6%) and those who carpooled to work (5.25%).

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.

Commute Time

20.1 minutes

Average Travel Time

Using averages, employees in Minnetonka, MN have a shorter commute time (20.1 minutes) than the normal US worker (26.7 minutes). Additionally, 0.414% 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.

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.

Poverty

Poverty & Diversity

4.53% of the population for whom poverty status is determined in Minnetonka, MN (2.41k out of 53.2k 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 Females 18 - 24, followed by Females 55 - 64 and then Males 55 - 64.

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

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.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

98.1% of the population of Minnetonka, MN has health coverage, with 61.7% on employee plans, 6.61% on Medicaid, 15.7% on Medicare, 13.7% on non-group plans, and 0.34% on military or VA plans.

Primary care physicians in Hennepin County, MN see 818 patients per year on average, which represents a 0.245% increase from the previous year (816 patients). Compare this to dentists who see 966 patients per year, and mental health providers who see 198 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Hennepin County, MN.

818 to 1

Patient to Primary Care Physician Ratio in Hennepin County, MN

Primary care physicians in Hennepin County, MN see an average of 818 patients per year. This represents a 0.245% increase from the previous year (816 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Hennepin County, MN in comparison to its neighboring geographies.

Health Care Diversity

In 2022, insured persons according to age ranges were distributed in 21.6% under 18 years, 18.2% between 18 and 34 years, 39% between 35 and 64 years, and 21.2% over 64 years.

By gender, of the total number of insured persons, 48.8% were men and 51.2% were women.

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

Uninsured People

1.93%

Uninsured

61.7%

Employer Coverage

6.61%

Medicaid

15.7%

Medicare

13.7%

Non-Group

0.34%

Military or VA

Between 2021 and 2022, the percent of uninsured citizens in Minnetonka, MN grew by 2.29% from 1.89% to 1.93%.

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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