Minnetonka, MN Profile: Facts & Data

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Minnetonka, Minnesota - Basic Facts

The City of Minnetonka had a population of 53,671 as of July 1, 2018. Minnetonka ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Minnesota. See peer rankings below.

The primary coordinate point for Minnetonka is located at latitude 44.9325 and longitude -93.4567 in Hennepin County. The formal boundaries for the City of Minnetonka (see map below) encompass a land area of 26.9 sq. miles and a water area of 1.29 sq. miles. Hennepin County is in the Central time zone (GMT -6). The elevation is 902 feet.

The City of Minnetonka (GNIS ID: 2395350) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Minnetonka: City of Minnetonka.

Jump to... (On This Page!)
  1. Minnetonka 2018 Demographic Data
  2. Growth Rates for Minnetonka (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Minnesota Research Tools (Easy Tools & Current Data)
  3. Minnesota Data Comparison Tool - 2018 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2018, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Minnetonka, MN Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 53,671
Population in Households 53,281
Population in Familes 41,391
Population in Group Qrtrs 390
Population Density2 1,995
Diversity Index3 26
 

INCOME

Median Household Income $94,571
Average Household Income $131,014
Per Capita Income $57,422

HOUSING

Total Housing Units 24,593 (100%)
Owner Occupied HU 16,874 (68.6%)
Renter Occupied HU 6,590 (26.8%)
Vacant Housing Units 1,129 ( 4.6%)
Median Home Value $339,015
Average Home Value $395,628
 

HOUSEHOLDS

Total Households 23,464
Average Household Size 2.27
Family Households 14,448
Average Family Size 3
NOTES
  1. Demographics are point estimates for July 1st of the current year and each for the forecast years. See References for more information.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.

GROWTH RATE / YEAR

2010-2018 2018-2023
Population 0.93% 1.11%
Households 0.84% 1.08%
Families 0.72% 0.93%
Median Household Income   1.99%
Per Capita Income   2.28%

Minnetonka, MN - Peer Comparisons by Rank and Percentile

The table below compares Minnetonka to the other 905 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2018 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 17 98th
Population Density # 79 91st
Diversity Index # 201 78th
Median Household Income # 49 95th
Per Capita Income # 23 98th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.

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