Statistics

Located in Hennepin County just eight miles west of Minneapolis, Minnetonka is a fully developed suburban community of just over 51,000 residents. Here are some more facts about Minnetonka:

Number of Households (2013)
22,416
Median Household Income (2012)
$75,945
Median Home Sales Price (2010)
$325,000
Median Single Family Home Value (2014)
$292,600
Average Annual Property Tax (2010)
$3,895
Average Monthly Rent (2009)
$1,001

Other Facts

In Minnetonka…

  • The average household size is 2.25 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.
  • 13.3% of Minnetonka residents work in Minnetonka
  • The median family income in 2012 was $106,506
  • Over 49% of the households in Minnetonka are age 55 and older

Other statistics

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