Minnetonka

County:: Hennepin County
County Seat:: No
Area (mi²):: 26.912
State:: Minnesota

Minnetonka is a city located in Hennepin County, Minnesota. Minnetonka has a 2025 population of 51,383. Minnetonka is currently declining at a rate of -1.04% annually and its population has decreased by -4.99% since the most recent census, which recorded a population of 54,082 in 2020.

The average household income in Minnetonka is $164,966 with a poverty rate of 4.78%. The median age in Minnetonka is 42.8 years: 41.6 years for males, and 44.5 years for females.

Demographics

The racial composition of Minnetonka includes 81.76% White, 6.73% Asian, 3.86% Black or African American, and smaller percentages for other race, Native American, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Asian

Two or more races

Black or African American

Other race

Native American

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	43,542	81.76%
Asian	3,584	6.73%
Two or more races	3,514	6.6%
Black or African American	2,057	3.86%
Other race	510	0.96%
Native American	49	0.09%
Native Hawaiian or Pacific Islander	0	0%

Minnetonka Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Minnetonka's average per capita income is $76,254. Household income levels show a median of $120,496. The poverty rate stands at 4.78%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$174,967	-
Families	$159,691	$206,684
Households	$120,496	$164,966
Non Families	$77,352	$95,605

$76,254

Average Income

$120,496

Median Household Income

4.78%

Poverty Rate