Minnetonka is a city located in Hennepin County Minnesota. Minnetonka has a 2024 population of 51,005. Minnetonka is currently declining at a rate of -1.49% annually and its population has decreased by -5.69% since the most recent census, which recorded a population of 54,083 in 2020.
The average household income in Minnetonka is $155,963 with a poverty rate of 4.53%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Minnetonka is 42.5 years, 41.1 years for males, and 44.1 years for females.
According to the most recent ACS, the racial composition of Minnetonka was:
White
Asian
Two or more races
Black or African American
Other race
Native American
Native Hawaiian or Pacific Islander
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 23,402 | 2.27 | 72.2 | 27.8 |
| Married | 11,753 | 2.97 | 87.9 | 12.1 |
| Non Family | 9,077 | 1.23 | 54.6 | 45.4 |
| Female | 1,708 | 2.84 | 54.2 | 45.8 |
| Male | 864 | 2.69 | 80.4 | 19.6 |
2.88
Average Family Size
2.27
Average Household Size
72.2%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
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%.
All
Male
Female
$72,015
Average Earnings
$88,207
Average Male
$57,386
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
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.
rate
4.53%
Overall Poverty Rate
3.46%
Male Poverty Rate
5.59%
Female Poverty Rate
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%.
Married
Widowed
Divorced
Separated
NeverMarried
55.6%
Overall Marriage Rate
58.0%
Male Marriage Rate
53.4%
Female Marriage Rate
male
female
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.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
0.39%
Veteran Poverty Rate
21.03%
Veteran Disability Rate
LaborForceParticipation
69.9%
Labor Force Participation
68.1%
Employment Rate
2.5%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
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.
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
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.
Year | Population | Growth | Growth Rate |
|---|---|---|---|
| 2029 | 47,157 | -770 | -1.61% |
| 2028 | 47,927 | -769 | -1.58% |
| 2027 | 48,696 | -770 | -1.56% |
| 2026 | 49,466 | -769 | -1.53% |
| 2025 | 50,235 | -770 | -1.51% |
| 2024 | 51,005 | -769 | -1.49% |
| 2023 | 51,774 | -770 | -1.47% |
| 2022 | 52,544 | -656 | -1.23% |
| 2021 | 53,200 | -883 | -1.63% |
| 2020 | 54,083 | 4 | 0.01% |
| 2019 | 54,079 | 144 | 0.27% |
| 2018 | 53,935 | 980 | 1.85% |
| 2017 | 52,955 | 462 | 0.88% |
| 2016 | 52,493 | 714 | 1.38% |
| 2015 | 51,779 | 189 | 0.37% |
| 2014 | 51,590 | 122 | 0.24% |
| 2013 | 51,468 | 208 | 0.41% |
| 2012 | 51,260 | 593 | 1.17% |
| 2011 | 50,667 | 855 | 1.72% |
| 2010 | 49,812 | -1,489 | -2.9% |
| 2000 | 51,301 | 2,931 | 6.06% |
| 1990 | 48,370 | 9,687 | 25.04% |
| 1980 | 38,683 | 2,946 | 8.24% |
| 1970 | 35,737 | 10,700 | 42.74% |
| 1960 | 25,037 | 0 | 0% |