Minnetonka, MN

Census Place

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2020 Population

53,760

1.39% 1-year growth

US Senator

Amy Klobuchar

Democratic
(DFL) Party

US Senator

Tina Smith

Democratic
(DFL) Party

2020 Median Age

43.3

2.48% 1-year decrease

2020 Poverty Rate

3.47%

15% 1-year decrease

2020 Median Household Income

$100,363

4.95% 1-year growth

2020 Median Property Value

$362,100

4.08% 1-year growth

About

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.

United States Minnesota Hennepin County, MN Minneapolis-St. Paul-Bloomington, MN-WI Champlin, Rogers Cities & Lake Minnetonka PUMA, MN Edina, St. Louis Park & Hopkins Cities PUMA, MN Eden Prairie & Minnetonka Cities PUMA, MN

Population & Diversity

Minnetonka, MN is home to a population of 53.8k people, from which 95.7% are citizens. As of 2020, 10.1% of Minnetonka, MN residents were born outside of the country (5.43k people).

In 2020, there were 15.3 times more White (Non-Hispanic) residents (45.1k people) in Minnetonka, MN than any other race or ethnicity. There were 2.96k Asian (Non-Hispanic) and 2.66k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Citizenship

95.7%

2020 Citizenship

94.7%

2019 Citizenship

As of 2020, 95.7% of Minnetonka, MN residents were US citizens, which is higher than the national average of 93.4%. In 2019, the percentage of US citizens in Minnetonka, MN was 94.7%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Minnetonka, MN compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Minnetonka, MN

White (Non-Hispanic)
45.1k ± 1.05k
Asian (Non-Hispanic)
2.96k ± 558
Black or African American (Non-Hispanic)
2.66k ± 657

1.99%

Hispanic Population

1.07k people

1.99% of the people in Minnetonka, MN are hispanic (1.07k people).

The following chart shows the 7 races represented in Minnetonka, MN as a share of the total population.

Foreign-Born Population

10.1%

2020 Foreign-Born Population

5.43k people

11.5%

2019 Foreign-Born Population

6.12k people

As of 2020, 10.1% of Minnetonka, MN residents (5.43k people) were born outside of the United States, which is lower than the national average of 13.5%. In 2019, the percentage of foreign-born citizens in Minnetonka, MN was 11.5%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Minnetonka, MN compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
1,052 ± 215
Korea
390 ± 116
Gulf War (2001-)
283 ± 86

Minnetonka, MN has a large population of military personnel who served in Vietnam, 2.7 times greater than any other conflict.

Economy

The economy of Minnetonka, MN employs 29.7k people. The largest industries in Minnetonka, MN are Health Care & Social Assistance (4,278 people), Professional, Scientific, & Technical Services (4,116 people), and Manufacturing (3,601 people), and the highest paying industries are Agriculture, Forestry, Fishing & Hunting, & Mining ($140,257), Agriculture, Forestry, Fishing & Hunting ($101,528), and Manufacturing ($90,659).

Employment

Occupations

29.7k

2020 Value

± 1,257

2.41%

1 Year growth

± 5.42%

From 2019 to 2020, employment in Minnetonka, MN grew at a rate of 2.41%, from 29k employees to 29.7k employees.

The most common job groups, by number of people living in Minnetonka, MN, are Management Occupations (4,736 people), Business & Financial Operations Occupations (3,653 people), and Sales & Related Occupations (3,432 people). This chart illustrates the share breakdown of the primary jobs held by residents of Minnetonka, MN.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Minnesota.

This chart shows weekly unemployment insurance claims in Minnesota (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

29.7k

2020 Value

± 1,257

2.41%

1 Year growth

± 5.42%

From 2019 to 2020, employment in Minnetonka, MN grew at a rate of 2.41%, from 29k employees to 29.7k employees.

The most common employment sectors for those who live in Minnetonka, MN, are Health Care & Social Assistance (4,278 people), Professional, Scientific, & Technical Services (4,116 people), and Manufacturing (3,601 people). This chart shows the share breakdown of the primary industries for residents of Minnetonka, MN, though some of these residents may live in Minnetonka, MN and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$72,087

Median earning men ± $4,273

$52,293

Median earning women ± $2,148

The industries with the best median earnings for men in 2020 are Agriculture, Forestry, Fishing & Hunting, & Mining ($140,221), Finance & Insurance, & Real Estate & Rental & Leasing ($100,281), and Manufacturing ($91,558).

The industries with the best median earnings for women in 2020 are Agriculture, Forestry, Fishing & Hunting, & Mining ($250,001), Information ($92,361), and Manufacturing ($81,384).

Employment by Industry Sector

Data is only available at the state level. Showing data for Minnesota.

Y-Axis

2.75%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 155M people employed in Minnesota. This represents a 2.75% increase in employment when compared to February 2022.

The following chart shows monthly employment numbers for each industry sector in Minnesota.

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Domestic Trade

Domestic Production & Consumption

Domestic production and consumption consists of products and services shipped from Minnesota to other states, or from other states to Minnesota.

Top Domestic Production in Dollars

In 2020, the top outbound Minnesota product (by dollars) was Mixed freight with $28.4B, followed by Electronics ($26.2B) and Precision instruments ($23.9B).

The following chart shows the share of these products in relation to all outbound Minnesota products.

Domestic Trade Growth

Showing data for Minnesota.

$333B

2020 Value in Minnesota

$636B

Projected 2050 Value in Minnesota

91% growth

In 2020, total outbound Minnesota trade was $333B. This is expected to increase 91% to $636B by 2050.

The following chart shows how the domestic outbound Minnesota trade is projected to change in comparison to its neighboring states.

Interstate Trade

Interstate trade consists of products and services shipped from Minnesota to other states, or from other states to Minnesota.

Most Common Trade Partners

Wisconsin
$25.1B
Iowa
$14.8B
Illinois
$14B

In 2020, the top outbound Minnesota domestic partner for goods and services (by dollars) was Wisconsin with $25.1B, followed by Iowa with $14.8B and Illinois and $14B.

The following map shows the amount of trade that Minnesota shares with each state (excluding itself).

Civics

In the 2020 presidential election, the popular vote in Minnesota went to Joseph R Biden Jr. with 52.4% of the vote. The runner-up was Donald J. Trump (45.3%), followed by Jo Jorgensen (1.07%).

Amy Klobuchar and Tina Smith are the senators currently representing the state of Minnesota. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Minnesota is currently represented by 8 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Presidential Popular Vote Over Time

Voting results are not available for Minnetonka, MN. Showing the available data for Minnesota.

2020 Election Results

Joseph R Biden Jr. (52.4%)
Democratic Party
Donald J. Trump (45.3%)
Republican Party
Jo Jorgensen (1.07%)
Libertarian Party

In the 2020 presidential election, the popular vote in Minnesota went to Joseph R Biden Jr. with 52.4% of the vote. The runner-up was Donald J. Trump (45.3%), followed by Jo Jorgensen (1.07%).

The following chart shows the popular vote results in Minnesota for each registered party from 1976 to 2020.

Senator Elections

US Senators from Minnesota

Senatorial voting results are only available at the state level. Showing data for Minnesota.

Amy Klobuchar

Senator from Minnesota

Assumed office on January 3, 2007
The Minnesota Democratic–Farmer–Labor Party (DFL) is the Minnesota affiliate of the Democratic Party (United States)|U.S. Democratic Party and its members are counted as Democrats.

Tina Smith

Senator from Minnesota

Assumed office on January 3, 2018
Appointed to the seat following the resignation of Al Franken.

Amy Klobuchar and Tina Smith are the senators currently representing Minnesota.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Minnesota over time, excluding special elections, colored by their political party.

US Representative Elections

US Representatives from Minnesota

Minnesota is currently represented by 8 members in the U.S. house.

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for Minnesota have changed over time starting in 2008.

Education

In 2021, universities in Minnetonka, MN awarded 82 degrees. The student population of Minnetonka, MN in 2021 is skewed towards women, with 100 male students and 366 female students.

Most students graduating from Universities in Minnetonka, MN are White (64 and 78%), followed by Black or African American (10 and 12.2%), Asian (6 and 7.32%), and Hispanic or Latino (1 and 1.22%).

The largest universities in Minnetonka, MN by number of degrees awarded are Adler Graduate School (374024) (82 and 100%).

The most popular majors in Minnetonka, MN are Other Clinical, Counseling, & Applied Psychology (73 and 89%), Applied Psychology (4 and 4.88%), and School Counseling & Guidance Services (3 and 3.66%).

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

Data is only available at the state level. Showing data for Minnesota.

Measure

In 2020, 0.763% of men over 25 years of age had not completed any academic degree (no schooling), while 0.882% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Data is only available at the state level. Showing data for Minnesota.

Race

The most common educational levels obtained by the working population in 2020 were High School or Equivalent (1.07M), Bachelors Degree (985k), and Some college (978k).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Minnetonka, MN was $362,100 in 2020, which is 1.58 times larger than the national average of $229,800. Between 2019 and 2020 the median property value increased from $347,900 to $362,100, a 4.08% increase. The homeownership rate in Minnetonka, MN is 71.3%, which is approximately the same as the national average of 64.4%.

People in Minnetonka, MN have an average commute time of 22.2 minutes, and they drove alone to work. Car ownership in Minnetonka, MN is approximately the same as the national average, with an average of 2 cars per household.

Median household income in Minnetonka, MN is $100,363. In 2020, the place with the highest median household income in Minnetonka, MN was Census Tract 263.01 with a value of $147,672, followed by Census Tract 264.04 and Census Tract 262.01, with respective values of $141,984 and $132,361.

Property

$362,100

Median Property Value 2020

±$6,527

$16,603

Median Property Taxes

±$742

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Minnetonka, MN the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Minnetonka, MN compared to it's parent and neighbor geographies.

Rent vs Own

71.3%

Homeownership

2020

62.3%

Homeowners with Mortgage

2020

In 2020, 71.3% of the housing units in Minnetonka, MN were occupied by their owner. This percentage grew from the previous year's rate of 69%.

This chart shows the percentage of owner in Minnetonka, MN compared it's parent and neighboring geographies.

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

Highest Median Household Income (Total)

Census Tract 263.01
Census Tract 264.04
Census Tract 262.01

In 2020, the place with the highest Median Household Income (Total) in Minnetonka, MN was Census Tract 263.01 with a value of $147,672, followed by Census Tract 264.04 and Census Tract 262.01, with respective values of $141,984 and $132,361.

The following map shows all of the places in Minnetonka, MN colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$100,363

Median Household Income

± $3,599

23.3k

Number of Households

± 985

In 2020, the median household income of the 23.3k households in Minnetonka, MN grew to $100,363 from the previous year's value of $95,630.

The following chart displays the households in Minnetonka, MN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

Wage Distribution

The closest comparable wage GINI for Minnetonka, MN is from Minnesota.

0.458

2020 Wage GINI in Minnesota

0.463

2019 Wage GINI in Minnesota

In 2020, the income inequality in Minnesota was 0.458 according to the GINI calculation of the wage distribution. Income inequality had a 1.05% decline from 2019 to 2020, which means that wage distribution grew somewhat more even. The GINI for Minnesota was lower than than the national average of 0.478. In other words, wages are distributed more evenly in Minnesota in comparison to the national average.

This chart shows the number of workers in Minnesota across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2020

Drove Alone (74.1%)
Worked At Home (13.7%)
Carpooled (7.19%)

In 2020, 74.1% of workers in Minnetonka, MN drove alone to work, followed by those who worked at home (13.7%) and those who carpooled to work (7.19%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

22.2 minutes

Average Travel Time

Using averages, employees in Minnetonka, MN have a shorter commute time (22.2 minutes) than the normal US worker (26.9 minutes). Additionally, 0.986% of the workforce in Minnetonka, MN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Minnetonka, MN compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Minnetonka, MN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Minnetonka, MN have 2 cars.

Poverty

Poverty & Diversity

3.47% of the population for whom poverty status is determined in Minnetonka, MN (1.85k out of 53.4k people) live below the poverty line, a number that is lower than the national average of 12.8%. The largest demographic living in poverty are Females 75+, followed by Females 18 - 24 and then Males 55 - 64.

The most common racial or ethnic group living below the poverty line in Minnetonka, MN is White, followed by Black and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

98.2% of the population of Minnetonka, MN has health coverage, with 62.5% on employee plans, 6.01% on Medicaid, 15.8% on Medicare, 13.3% on non-group plans, and 0.485% on military or VA plans.

Per capita personal health care spending in Minnesota was $8,871 in 2014. This is a 4.8% increase from the previous year ($8,465).

Primary care physicians in Hennepin County, MN see 816 patients per year on average, which represents a 3.2% decrease from the previous year (843 patients). Compare this to dentists who see 993 patients per year, and mental health providers who see 215 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Hennepin County, MN.

816 to 1

Patient to Primary Care Physician Ratio in Hennepin County, MN

Primary care physicians in Hennepin County, MN see an average of 816 patients per year. This represents a 3.2% decrease from the previous year (843 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Hennepin County, MN in comparison to its neighboring geographies.

Health Care Diversity

In 2020, insured persons according to age ranges were distributed in 21% under 18 years, 18.2% between 18 and 34 years, 39.6% between 35 and 64 years, and 21.1% over 64 years.

By gender, of the total number of insured persons, 48.7% were men and 51.3% were women.

The following chart shows the number of people with health coverage by gender.

Uninsured People

1.84%

Uninsured

62.5%

Employer Coverage

6.01%

Medicaid

15.8%

Medicare

13.3%

Non-Group

0.485%

Military or VA

Between 2019 and 2020, the percent of uninsured citizens in Minnetonka, MN declined by 26% from 2.49% to 1.84%.

The following chart shows how the percent of uninsured individuals in Minnetonka, MN changed over time compared with the percent of individuals enrolled in various types of health insurance.