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.