Minnetonka, Minnesota Population 2021

54,426
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Minnetonka is a city located in Hennepin County Minnesota. With a 2020 population of 54,426, it is the 18th largest city in Minnesota and the 723rd largest city in the United States . Minnetonka is currently growing at a rate of 0.33% annually and its population has increased by 9.43% since the most recent census, which recorded a population of 49,734 in 2010. Minnetonka reached it's highest population of 54,426 in 2021. Spanning over 28 miles, Minnetonka has a population density of 2,023 people per square mile.

The average household income in Minnetonka is $135,727 with a poverty rate of 4.08%. The median rental costs in recent years comes to $1,428 per month, and the median house value is $347,900. The median age in Minnetonka is 44.4 years, 41.7 years for males, and 47.2 years for females.

Minnetonka Demographics

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

  • White: 86.20%
  • Asian: 5.77%
  • Black or African American: 5.23%
  • Two or more races: 2.30%
  • Other race: 0.37%
  • Native American: 0.13%
  • Native Hawaiian or Pacific Islander: 0.01%
The current population of Minnetonka, Minnesota is 54,426 based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 53,883.The last official US Census in 2010 recorded the population at 49,734.

Minnetonka, Minnesota Population 2021

Population by Race

Race Population Percentage
White45,70886.20%
Asian3,0585.77%
Black or African American2,7725.23%
Two or More Races1,2172.30%
Some Other Race1940.37%
American Indian and Alaska Native690.13%
Native Hawaiian and Other Pacific Islander70.01%
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Minnetonka Population by Race

Minnetonka Population Pyramid $2021

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Minnetonka Median Age

44.4


Total

41.7


Male

47.2


Female

Minnetonka Adults

There are 42,296 adults, (10,971 of whom are seniors) in Minnetonka.

Minnetonka Age Dependency

69.3

Age Dependency Ratio

35

Old Age Dependency Ratio

34.3

Child Dependency Ratio

Minnetonka Sex Ratio

Female

27,350

51.58%

Male

25,675

48.42%

Minnetonka Population by Age

Minnetonka Renter vs Owner Occupied by Household Type

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Minnetonka Household Types

Type Owner Renter
Married83.4%16.6%
All69%31%
Male62%38%
Female56.9%43.1%
Non Family53.1%46.9%

69.0%

Rate of Home Ownership

Minnetonka Households and Families

Type Count Average Size Owned
All23,0652.2869
Married11,6552.9783.4
Non Family9,1731.2653.1
Female1,6192.9856.9
Male6182.6662

2.92

Average Family Size

2.28

Average Household Size

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Minnetonka Households by Type

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Education Attained Count Percentage
Less Than 9th Grade5101.28%
9th to 12th Grade6821.71%
High School Graduate5,00912.59%
Some College6,24315.69%
Associates Degree3,3898.52%
Bachelors Degree14,77837.13%
Graduate Degree9,18923.09%
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Minnetonka Educational Attainment by Sex (over 25)

Minnetonka Educational Attainment by Race

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Race Total High School Bachelors
White34,82834,24321,191
Asian2,2591,9611,681
Black1,5711,383534
Hispanic565502318
2+ Races496438178
Other Race117109105
Native American3021
Islander777

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%.

Minnetonka Educational Attainment by Race

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Name Average Male Female
Overall$62,084$72,433$52,699
Less Than 9th Grade$22,348$30,593$20,528
High School Graduate$37,759$41,975$27,844
Some College$47,582$53,976$41,515
Bachelors Degree$73,007$84,932$57,102
Graduate Degree$82,174$96,699$69,871

$62,084

Average Earnings

$72,433

Average Male

$52,699

Average Female

Minnetonka Earnings by Educational Attainment

Minnetonka Language by Age

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Minnetonka Language

87.70% of Minnetonka residents speak only English, while 12.30% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 4.38% of the population.

Minnetonka Language

Minnetonka Poverty by Race

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Name Total In Poverty Poverty Rate
White44,7521,6293.64%
Black2,73835112.82%
Hispanic8329911.90%
Asian3,035581.91%
Multiple1,161100.86%
Other190105.26%
Native5811.72%

4.08%

Overall Poverty Rate

3.51%

Male Poverty Rate

4.62%

Female Poverty Rate

Poverty in Minnetonka

The race most likely to be in poverty in Minnetonka is Black, with 12.82% below the poverty level.

The race least likely to be in poverty in Minnetonka is Multiple, with 0.86% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.42%. Among those working part-time, it was 6.79%, and for those that did not work, the poverty rate was 8.87%.

Minnetonka Poverty

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Name Poverty
Less Than 9th Grade13.26%
High School8.45%
Some College4.63%
Bachelors or Greater2.11%

Minnetonka Poverty Rate by Education

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Rate Poverty
Male Unemployed12.17%
Female Unemployed5.72%
Female Employed3.51%
Male Employed1.11%

Minnetonka Poverty Rate by Employment Status and Sex

Minnetonka Income by Household Type

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Name Median Mean
Households$95,630$135,727
Families$125,787$168,386
Married Families$138,040-
Non Families$58,528$82,190
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Income by Household Type

Minnetonka Marital Status

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Marriage Rates

55.2%

Overall Marriage Rate

57.4%

Male Marriage Rate

53.2%

Female Marriage Rate

Minnetonka Married by Age and Sex

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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

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Minnetonka Marital Status

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2,662

Number of Veterans

2,456

Male Veterans

206

Female Veterans

War Veterans
Vietnam1,176
Korea381
Second Gulf War310
First Gulf War304
World War II186

Minnetonka Veterans by War

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Age Group Veterans
75+1,014
65 to 74803
35 to 54388
55 to 64350
18 to 34107

Minnetonka Veterans by Age

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Name Veterans % of Total
White2,5756.91%
Asian572.42%
Hispanic365.22%
2+ Races274.29%
Other Race21.56%
Black10.05%

Minnetonka Veterans by Race

Minnetonka Veterans by Education

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4.45%

Veteran Poverty Rate

29.56%

Veteran Disability Rate

Minnetonka Veterans by Education

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68.7%

Labor Force Participation

66.6%

Employment Rate

3%

Unemployment Rate

Minnetonka Employment by Age

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Minnetonka Employment by Race

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Minnetonka Employment by Education

Origin of Non-Citizens

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

Origin of Naturalized Citizens

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59.36%

Born in Minnetonka

88.47%

Native Born

11.53%

Foreign Born

5.26%

Non Citizen

6.28%

Naturalized

Place of Birth

88.47% of Minnetonka residents were born in the United States, with 59.36% having been born in Minnesota. 5.26% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

Minnetonka Place of Birth

Year Population Growth Annual Growth Rate
202154,4261810.33%
202054,2451810.33%
201954,0641810.34%
201853,8839731.84%
201752,9104630.88%
201652,4477081.37%
201551,7391840.36%
201451,5551180.23%
201351,4372050.40%
201251,2325861.16%
201150,6468501.71%
201049,796-1,505-0.30%
200051,3012,9310.59%
199048,3709,6872.26%
198038,6832,9460.80%
197035,73710,7003.62%
196025,0370.00%

Minnetonka Population by Year