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.
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.