Minnetonka, Minnesota Population 2020

54,861

Minnetonka is a city located in Minnesota. With a 2020 population of 54,861, it is the 18th largest city in Minnesota and the 717th largest city in the United States. Minnetonka is currently growing at a rate of 0.83% annually and its population has increased by 10.31% since the most recent census, which recorded a population of 49,734 in 2010. Spanning over 28 miles, Minnetonka has a population density of 2,039 people per square mile.

The average household income in Minnetonka is $129,614 with a poverty rate of 4.74%. The median rental costs in recent years comes to $1,359 per month, and the median house value is $330,900. The median age in Minnetonka is 44.7 years, 42.6 years for males, and 46.8 years for females. For every 100 females there are 92.4 males.

Minnetonka Demographics

According to the most recent ACS, the racial composition of Minnetonka was:

  • White: 87.58%
  • Black or African American: 5.17%
  • Asian: 4.25%
  • Two or more races: 2.29%
  • Other race: 0.48%
  • Native American: 0.20%
  • Native Hawaiian or Pacific Islander: 0.02%
The current population of Minnetonka, Minnesota is 54,861, based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 53,953.The last official US Census in 2010 recorded the population at 49,734.

Minnetonka, Minnesota Population 2020

Population by Race

Race Population Percentage
White46,02187.58%
Black or African American2,7185.17%
Asian2,2314.25%
Two or More Races1,2042.29%
Some Other Race2520.48%
American Indian and Alaska Native1070.20%
Native Hawaiian and Other Pacific Islander130.02%

Minnetonka Population Pyramid 2020

Minnetonka Median Age

44.7


Total

42.6


Male

46.8


Female

Minnetonka Adults

There are 42,071 adults, (10,683 of whom are seniors) in Minnetonka.

Minnetonka Age Dependency

67.4

Age Dependency Ratio

34

Old Age Dependency Ratio

33.4

Child Dependency Ratio

Minnetonka Sex Ratio

Female

27,313

51.98%

Male

25,233

48.02%

Minnetonka Households and Families

Minnetonka Renter vs Owner Occupied by Household Type

Minnetonka Household Types

Type Owner Renter
Married84.5%15.5%
All69.5%30.5%
Male64.3%35.7%
Non Family54.1%45.9%
Female50.5%49.5%

69.5%

Rate of Home Ownership

Type Count Average Size Owned
All23,1122.2669.5
Married11,7432.9184.5
Non Family9,1271.2654.1
Female1,7132.9450.5
Male5292.8164.3

2.86

Average Family Size

2.26

Average Household Size

4.8%

Unmarried (Opposite Sex)

0.5%

Unmarried (Same Sex)

Minnetonka Education

Education Attained Count Percentage
Less Than 9th Grade1820.46%
9th to 12th Grade7501.90%
High School Graduate5,16013.06%
Some College6,55916.60%
Associates Degree3,4668.77%
Bachelors Degree14,35836.33%
Graduate Degree9,04622.89%

Minnetonka Educational Attainment by Race

Name Total High School Bachelors
White35,10434,54321,066
Asian1,6621,6271,345
Black1,5971,400503
Hispanic599532285
Multiple Races484438153
Other Race16414196
Native American5016
Islander131313

The highest rate of high school graduation is among islander people with a rate of 100.00%.

The highest rate of bachelors degrees is among islander people with a rate of 100.00%.

Name Average Male Female
Overall$57,796$69,915$50,030
Less Than High School$25,938$30,480$15,818
High School Grad$34,984$40,763$27,526
Some College$42,683$49,887$40,504
Bachelors Degree$67,889$86,250$54,238
Graduate Degree$80,662$99,896$64,336

$57,796

Average Earnings

$69,915

Average Male

$50,030

Average Female

Minnetonka Language

Minnetonka Language by Age

Minnetonka Language

88.57% of Minnetonka residents speak only English, while 11.43% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 4.71% of the population.

Minnetonka Poverty

Minnetonka Poverty by Race

Name Total In Poverty Poverty Rate
White45,0401,7463.88%
Black2,67238214.30%
Multiple1,15313811.97%
Hispanic1,00013413.40%
Asian2,218733.29%
Other25293.57%
Native8411.19%

4.74%

Overall Poverty Rate

4.30%

Male Poverty Rate

5.15%

Female Poverty Rate

Poverty in Minnetonka

The race most likely to be in poverty in Minnetonka is Black, with 14.30% below the poverty level.

The race least likely to be in poverty in Minnetonka is Native, with 1.19% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.41%. Among those working part-time, it was 6.99%, and for those that did not work, the poverty rate was 9.58%.

Name Poverty
Less Than High School14.41%
High School8.66%
Some College5.82%
Bachelors or Greater2.14%
Name Poverty
Male Unemployed12.59%
Female Unemployed7.53%
Female Employed3.57%
Male Employed1.39%

Minnetonka Income

Minnetonka Income by Household Type

Name Median Mean
Households$91,374$129,614
Families$120,417$160,868
Married Families$134,525-
Non Families$53,709$77,851

Minnetonka Marital Status

Minnetonka Marital Status

Marriage Rates

55.2%

Overall Marriage Rate

57.2%

Male Marriage Rate

53.3%

Female Marriage Rate

Minnetonka Married by Age and Sex

Minnetonka Marriage

The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 35-44.

Minnetonka Marital Status by Race

Minnetonka Veterans

2,840

Number of Veterans

2,657

Male Veterans

183

Female Veterans

War Veterans
Vietnam1,112
Korea427
World War II280
First Gulf War257
Second Gulf War250
Age Group Veterans
75+1,175
65 to 74822
55 to 64367
35 to 54350
18 to 34126
Name Veterans % of Total
White2,7497.31%
Asian533.00%
Hispanic506.82%
2 or More305.26%
Other84.60%

$Minnetonka Veterans by Education

4.16%

Veteran Poverty Rate

32.28%

Veteran Disability Rate

Minnetonka Employment Status

68.8%

Labor Force Participation

66.4%

Employment Rate

3.4%

Unemployment Rate

Minnetonka Place of Birth

Origin of Non-Citizens

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

60.29%

Born in Minnesota

89.81%

Native Born

10.19%

Foreign Born

4.14%

Non Citizen

Place of Birth

89.81% of Minnetonka residents were born in the United States, with 60.29% having been born in Minnesota. 4.14% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

Year Population Growth Annual Growth Rate
202054,8614540.83%
201954,4074540.84%
201853,9531,0261.94%
201752,9274540.87%
201652,4737151.38%
201551,7581930.37%
201451,5651210.24%
201351,4442090.41%
201251,2355911.17%
201150,6448461.70%
201049,798-1,503-0.30%
200051,3012,9310.59%
199048,3709,6872.26%
198038,6832,9460.80%
197035,73710,7003.62%
196025,0370.00%