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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.

Minnetonka, MN
Real Estate & Demographic Data






Minnetonka profile


Living in Minnetonka



Minnetonka is a larger medium-sized city located in the state of Minnesota. With a population of 52,544 people and 15 constituent neighborhoods, Minnetonka is the 18th largest community in Minnesota.

Minnetonka home prices are not only among the most expensive in Minnesota, but Minnetonka real estate also consistently ranks among the most expensive in America.

Also of interest is that Minnetonka has more people living here who work in computers and math than 95% of the places in the US.

Telecommuters are a relatively large percentage of the workforce: 17.67% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

If knowledge is power, Minnetonka is a pretty powerful place. 61.34% of the adults in Minnetonka have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.

The per capita income in Minnetonka in 2018 was $64,063, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $256,252 for a family of four.

Minnetonka is a somewhat ethnically-diverse city. The people who call Minnetonka home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Minnetonka residents report their race to be White, followed by Asian. Important ancestries of people in Minnetonka include German, Norwegian, Irish, Swedish, and English.

The most common language spoken in Minnetonka is English. Other important languages spoken here include Spanish and African languages.