Minnetonka, Minnesota Population 2024

51,923

Minnetonka Demographics

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

  • White: 83.38%
  • Asian: 6.48%
  • Two or more races: 5.44%
  • Black or African American: 3.98%
  • Other race: 0.61%
  • Native American: 0.11%
  • Native Hawaiian or Pacific Islander: 0%
Land Area (mi²)
26.9 sq mi
Density (mi²)
1,929.40/sq mi
Growth Since 2020
-3.99% (-2,159)
The current population of Minnetonka, Minnesota is 51,923 based on our projections of the latest US Census estimates (released May 2024). The last official US Census in 2020 recorded the population at 54,082.

Population by Race

Race
Population
Percentage (of total)
White44,63083.38%
Asian3,4696.48%
Two or more races2,9135.44%
Black or African American2,1323.98%
Other race3270.61%
Native American580.11%
Native Hawaiian or Pacific Islander00%

White

Asian

Two or more races

Black or African American

Other race

Native American

Native Hawaiian or Pacific Islander

Minnetonka Population by Race

Minnetonka Population Pyramid 2024

Minnetonka Median Age

42.5

Total

41.1

Male

44.1

Female

Minnetonka Adults

There are 42,375 adults, (11,445 of whom are seniors) in Minnetonka.

Minnetonka Age Dependency

73.1

Age Dependency Ratio

37

Old Age Dependency Ratio

36.1

Child Dependency Ratio

Minnetonka Sex Ratio

Female26,97150.39%
Male26,55849.61%

Minnetonka Population by Age

Minnetonka Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All23,4022.2772.227.8
Married11,7532.9787.912.1
Non Family9,0771.2354.645.4
Female1,7082.8454.245.8
Male8642.6980.419.6

2.88

Average Family Size

2.27

Average Household Size

72.2%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Minnetonka Households and Families

Male

Female

Education Attained
Count
Percentage
9th to 12th Grade5431.36%
Associates Degree2,9127.32%
Bachelors Degree15,39138.68%
Graduate Degree9,62024.18%
High School Graduate4,64911.68%
Less Than 9th Grade4821.21%
Some College6,19315.56%

Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Minnetonka Educational Attainment by Sex (over 25)

Minnetonka Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

Race
Total
High School
Bachelors
White34,33833,88321,823
Asian2,6112,1931,866
Black1,2531,143414
2+ Races1,0631,054571
Hispanic773740581
Other Race15213581
Native American565629

The highest rate of high school graduation is among native american people with a rate of 100%.

The highest rate of bachelors degrees is among hispanic people with a rate of 75.16%.

Minnetonka Educational Attainment by Race

All

Male

Female

Name
Average
Male
Female
Bachelors Degree$80,034$91,607$65,650
Graduate Degree$103,007$117,821$81,735
High School Graduate$44,307$47,491$37,204
Less Than 9th Grade$36,456$65,974$24,964
Overall$72,015$88,207$57,386
Some College$54,798$64,688$46,377

$72,015

Average Earnings

$88,207

Average Male

$57,386

Average Female

Minnetonka Earnings by Educational Attainment

Minnetonka Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Minnetonka Language

87.87% of Minnetonka residents speak only English, while 12.13% speak other languages. The non-English language spoken by the largest group is Asian and Pacific Island languages, which is spoken by 5.13% of the population.

Minnetonka Language

Minnetonka Poverty by Race

rate

Name
Total
In Poverty
Poverty Rate
White43,9511,8004.1%
Multiple2,8761966.82%
Black2,0811899.08%
Hispanic1,7421397.98%
Other32211535.71%
Asian3,462812.34%
Native512243.14%

4.53%

Overall Poverty Rate

3.46%

Male Poverty Rate

5.59%

Female Poverty Rate

Poverty in Minnetonka

The race most likely to be in poverty in Minnetonka is Native, with 43.14% below the poverty level.

The race least likely to be in poverty in Minnetonka is Asian, with 2.34% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.7%. Among those working part-time, it was 8.75%, and for those that did not work, the poverty rate was 9.25%.

Minnetonka Poverty

rate

Rate
Poverty
High School12.69%
Less Than 9th Grade6.34%
Some College5.37%
Bachelors or Greater2.52%

Minnetonka Poverty Rate by Education

rate

Rate
Poverty
Female Unemployed16.41%
Male Unemployed14.98%
Female Employed3.85%
Male Employed2.69%

Minnetonka Poverty Rate by Employment Status and Sex

Minnetonka Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

Name
Median
Mean
Families$151,779$193,984
Households$114,867$155,963
Married Families$165,857$-999,999,999
Non Families$72,215$91,427

mean

median

Income by Household Type

Minnetonka Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

55.6%

Overall Marriage Rate

58.0%

Male Marriage Rate

53.4%

Female Marriage Rate

Minnetonka Married by Age and Sex

male

female

Minnetonka Marriage

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

Minnetonka Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Minnetonka Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

2,328

Number of Veterans

2,126

Male Veterans

202

Female Veterans

War
Veterans
Vietnam892
Second Gulf War345
First Gulf War318
Korea259
World War II66

Minnetonka Veterans by War

count

Age Group
Veterans
75+939
65 to 74636
35 to 54310
55 to 64290
18 to 34153

Minnetonka Veterans by Age

count

Name
Veterans
% of Total
White2,1895.99%
2+ Races1188.96%
Hispanic797.83%
Other Race186.98%
Black20.13%
Asian10.04%

Minnetonka Veterans by Race

Minnetonka Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

0.39%

Veteran Poverty Rate

21.03%

Veteran Disability Rate

Minnetonka Veterans by Education

LaborForceParticipation

69.9%

Labor Force Participation

68.1%

Employment Rate

2.5%

Unemployment Rate

Minnetonka Employment by Age

LaborForceParticipation

Minnetonka Employment by Race

LaborForceParticipation

Minnetonka Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

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

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

62.37%

Born in Minnetonka

89.58%

Native Born

10.42%

Foreign Born

4.72%

Non Citizen

5.71%

Naturalized

Place of Birth

89.58% of Minnetonka residents were born in the United States, with 62.37% having been born in Minnesota. 4.72% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

Minnetonka Place of Birth

Note: data after 2022 is projected based on recent change
Year
Population
Growth
Change
202949,225-539-1.08%
202849,764-540-1.07%
202750,304-540-1.06%
202650,844-539-1.05%
202551,383-540-1.04%
202451,923-540-1.03%
202352,463-87-0.17%
202252,550-657-1.23%
202153,207-875-1.62%
202054,08230.01%
201954,0791440.27%
201853,9359801.85%
201752,9554620.88%
201652,4937141.38%
201551,7791890.37%
201451,5901220.24%
201351,4682080.41%
201251,2605931.17%
201150,6678551.72%
201049,81200%
200051,3012,9316.06%
199048,3709,68725.04%
198038,6832,9468.24%
197035,73710,70042.74%
196025,037-24,188-49.14%

Minnetonka Population by Year