Minnetonka, Minnesota Demographics
Population trends, housing costs, income, commuting, and health, all on one page.
Minnetonka, MN Population Density Map and Area Scores
Area Score
Health, income and education, each graded from F to A+. Explore interactive maps for deeper analysis.
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A+
Health Top grade
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A+
Income Top grade
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A+
Education Top grade
Source: Map AI Methodology
Population
| Metric | Minnetonka | Minnesota Avg | U.S. Average |
|---|---|---|---|
| Population | 52,096 | 5,724,000 | 337,468,954 |
| Population density (per sq mi) | 1863.0 | 65.8 | 86.4 |
| Population growth (%/yr) | 0.33% | 0.64% | 0.59% |
| Median age | 41.2 | 37.1 | 37.3 |
| Households | 23,657 | 2,299,361 | 130,235,071 |
Population in Minnetonka grew by 5.8% from 2009 to 2024, reaching 52,096 in 2024.
Population Growth 2009–2024
Race & Ethnicity
Age & Sex
The largest generation in Minnetonka is Gen X, aged 45–60, at 21.9% of residents. That is 2.2 points above Minnesota as a whole.
- Gen Z 13–28 8,695 16.7% -4.6 pts
- Millennials 29–44 10,904 20.9% -0.9 pts
- Gen X 45–60 11,384 21.9% +2.2 pts
- Boomers 61–79 10,523 20.2% +3.7 pts
Residents by birth cohort, from the 2025 age distribution. The right-hand figure is how far each cohort's share sits above or below Minnesota, in percentage points. Children younger than Gen Z and the generations before the Boomers are counted in the population but not shown here, so these shares do not add up to 100%.
Male and female share
Women are 51.7% of the people living in Minnetonka and men 48.3%.
- Women 51.7% Minnesota 50.0%
- Men 48.3% Minnesota 50.0%
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Economy
Minnetonka has a the economy index of A+, which means it is exceptionally prosperous.
| Metric | Minnetonka | Minnesota Avg | U.S. Average |
|---|---|---|---|
| Median household income | $119,974 | $89,852 | $80,455 |
| Income growth (%/yr) | 4.58% | 4.43% | 4.80% |
| Unemployment rate | 3.0% | 4.1% | 5.2% |
The median household income in Minnetonka is about 34% higher than in Minnesota.
Housing
| Metric | Minnetonka | Minnesota Avg | U.S. Average |
|---|---|---|---|
| Median home price | $400,704 | $236,718 | $248,835 |
| Median rent | $1,778 | $1,280 | $1,407 |
| Homeownership rate | 71.0% | 72.2% | 65.2% |
The median home price in Minnetonka is about 18.8 years' worth of rent — buying at the median price costs roughly as much as paying the median rent of $1,778 per month for that long.
Commute Time & Mobility
Commuters in Minnetonka spend about 37 minutes on the road round trip each working day. Over a typical 250-day work year, that adds up to roughly 156 hours, about 6.5 full days, spent commuting.
| Metric | Minnetonka | Minnesota Avg | U.S. Average |
|---|---|---|---|
| One-way commute (min) | 18.7 | 20.3 | 22.4 |
| Round-trip commute (min) | 37.5 | 40.6 | 44.8 |
| Yearly time spent (hours) | 156 | 169 | 187 |
| Estimated yearly cost | $4,842 | $5,249 | $5,790 |
| Work from home | 27.6% | 17.6% | 15.0% |
| Highway traffic (vehicles/day) | 15,606 | 7,066 | 8,813 |
| Local road traffic (vehicles/day) | 2,433 | 854 | 1,355 |
The average commute time in Minnetonka is 19 minutes, shorter than the 20 minutes in Minnesota.
Estimated yearly cost applies a single national wage rule of thumb (U.S. Bureau of Labor Statistics average hourly earnings), not a measurement of wages in this area. Traffic volume figures come from proprietary Ticon and TrafficZoom data.
Education & Households
Minnetonka has a education index of A+, which means it is exceptionally educated.
| Metric | Minnetonka | Minnesota Avg | U.S. Average |
|---|---|---|---|
| Bachelor's degree or higher | 60.7% | 35.5% | 31.6% |
| Average household size | 2.20 | 2.43 | 2.53 |
Health
Minnetonka has a health index of A+, which means it is exceptionally healthy.
| Metric | Minnetonka | Minnesota Avg | U.S. Average |
|---|---|---|---|
| Life expectancy (years) | 83.0 | 80.8 | 78.3 |
| Self-rated poor health | 8.0% | 13.0% | 16.3% |
| Smokers | 10.5% | 18.5% | 19.0% |
Frequently Asked Questions
Common questions about Minnetonka, Minnesota.
What is the population of Minnetonka, Minnesota?
About 52,096 people live in Minnetonka, Minnesota, in 23,657 households of 2.2 people on average. The median age is 41.2, so residents are older than the U.S. median of 37.3 by about 4 years.
Is Minnetonka, Minnesota mostly urban or rural?
Averaged over its land area, Minnetonka, Minnesota has 1,863 people per square mile, a density typical of urban and suburban areas. That is about 22 times the U.S. average of 86.
Can a typical household afford a home in Minnetonka, Minnesota?
The median home costs 3.3 times the median household income ($400,704 against $119,974), compared with 3.1 times nationally. A ratio of about 3 is traditionally considered affordable. Median rent of $1,778 a month takes about 18% of the median household's income, below the 30% level at which HUD considers renters cost-burdened.
Is it hard to find a job in Minnetonka, Minnesota?
Unemployment in Minnetonka, Minnesota is only 3.0%, well below the U.S. rate of 5.2%, a sign of a tight labor market where employers compete for workers.
How common is a college degree in Minnetonka, Minnesota?
60.7% of adults in Minnetonka, Minnesota hold a bachelor's degree or higher (about 6 in 10), well above the U.S. share of 31.6%.
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