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 (2014)….$320,000
  • Median Single Family Home Value (2015)….$317,800
  • Median Single Family Home Property Tax (2015)...$4,074
  • Average Monthly Rent (2014)….$1,215

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 2014 was $320,000. 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

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