In 2020, Minnetonka, MN had a population of 53.8k people with a median age of 43.3 and a median household income of $100,363. Between 2019 and 2020 the population of Minnetonka, MN grew from 53,025 to 53,760, a 1.39% increase and its median household income grew from $95,630 to $100,363, a 4.95% increase.
The 5 largest ethnic groups in Minnetonka, MN are White (Non-Hispanic) (83.9%), Asian (Non-Hispanic) (5.5%), Black or African American (Non-Hispanic) (4.94%), Two+ (Non-Hispanic) (3.55%), and White (Hispanic) (1.19%).
None of the households in Minnetonka, MN reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
95.7% of the residents in Minnetonka, MN are U.S. citizens.
The largest universities in Minnetonka, MN are Adler Graduate School (374024) (82 degrees awarded in 2021).
In 2020, the median property value in Minnetonka, MN was $362,100, and the homeownership rate was 71.3%.
Most people in Minnetonka, MN drove alone to work, and the average commute time was 22.2 minutes. The average car ownership in Minnetonka, MN was 2 cars per household.