Statistics

Located in Hennepin County just eight miles west of Minneapolis, Minnetonka is a fully developed suburban community of 49,374 residents (2010 Census), making it the 17th largest city in Minnesota. Here are some more facts about Minnetonka:

Number of Households (2010)
21,901
Median Household Income (2009)
$79,720
Median Home Sales Price (2010)
$325,000
Median Single Family Home Value (2011)
$287,600
Average Annual Property Tax (2010)
$4,000
Average Monthly Rent (2009)
$1,001

Other Facts

In Minnetonka…

  • The average household size is 2.3 persons
  • 75% of the housing units in Minnetonka are owner-occupied and 25% are rental units
  • The median home sales price in Minnetonka in 2010 was $325,000. In 1992 it was $140,000.
  • 16.2% of Minnetonka residents work in Minnetonka
  • The median family income in 2009 was $103,156
  • Over 44% of the population in Minnetonka is age 55 and older

Other statistics

For more statistical information about Minnetonka, please visit any of the following: