Statistics

Located in Hennepin County just eight miles west of Minneapolis, Minnetonka is a fully developed suburban community of 51,759 residents (2004 Met Council estimate), making it the 14th largest city in Minnesota. Here are some more facts about Minnetonka:

Number of Households (2008)
22,256
Median Household Income (2007)
$79,860
Median Home Sales Price (2008)
$330,000
Median Home Value (2009)
$309,100
Average Annual Property Tax (2009)
$3,550
Average Monthly Rent (2007)
$1,106

Census 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 2008 was $330,000. In 1992 it was $140,000.
  • 24% of Minnetonka residents work in Minnetonka
  • The median family income in 2008 was $105,201
  • Over 29% of the population in Minnetonka is age 55 and older

Other statistics

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