Minnetonka Population History 1990 - 2023

Minnetonka Population Facts

What is the current population of Minnetonka?

Based on the latest 2024 data from the US census, the current population of Minnetonka is 52,463. Minnetonka, Minnesota is the 765th largest city in the US.

What county is Minnetonka, Minnesota in?

Minnetonka is located entirely in Hennepin County.

What is the size of Minnetonka, Minnesota in square miles?

Minnetonka has an area of 26.9 square miles.

What was the peak population of Minnetonka?

The peak population of Minnetonka was in 2020, when its population was 54,241. In 2020, Minnetonka was the 732nd largest city in the US; now its fallen to the 765th largest city in the US. Minnetonka is currently 3.3% smaller than it was in 2020.

How quickly is Minnetonka growing?

Minnetonka has grown 2.6% since the 2000. Minnetonka, Minnesota's growth is below average. 68% of similarly sized cities are growing faster since 2000.

What is the population density of Minnetonka, Minnesota?

Minnetonka has a population density of 1,847 people per square mile.

Minnetonka Demographics

What is the voting age population of Minnetonka, Minnesota?

The total voting age population of Minnetonka, Minnesota, meaning US citizens 18 or older, is 39,968. The voting age population is 47.4% male and 52.6% female.

What percentage of Minnetonka, Minnesota residents are senior citizens?

According to the latest census statistics, 20.7% of the residents of Minnetonka are 65 or older.

What are the racial demographics of Minnetonka, Minnesota?

The racial demographics of Minnetonka are 86.2% White, 5.8% Asian, 5.2% Black, 2.3% Two or more races, 0.4% Other and 0.1% American Indian. Additionally, 1.6% of the population identifies as Hispanic.

What percentage of Minnetonka, Minnesota residents are below the poverty line?

In Minnetonka, 4.1% of residents have an income below the poverty line, and the child poverty rate is 3.2%. On a per-household basis, 2.3% of families are below the poverty line in Minnetonka.

What percentage of Minnetonka, Minnesota residents are in the labor force?

Among those aged 16 and older, 68.7% of Minnetonka residents are in the labor force.

What are the education levels among Minnetonka, Minnesota residents?

Among the adult population 25 years old and over, 97.0% of Minnetonka residents have at least a high school degree or equivalent, 60.2% have a bachelor's degree and 23.1% have a graduate or professional degree.

What percentage of Minnetonka, Minnesota residents speak a non-English language at home?

Among Minnetonka residents aged 5 and older, 12.3% of them speak a non-English language at home. Broken down by language: 1.9% of residents speak Spanish at home, 4.4% speak an Indo-European language, and 4.3% speak an Asian language.

Minnetonka Income & Labor Statistics

What is the unemployment rate in Minnetonka, Minnesota?

The unemployment rate in Minnetonka is 3.0%, which is calculated among residents aged 16 or older who are in the labor force.

What percentage of Minnetonka, Minnesota residents work for the government?

In Minnetonka, 8.4% of the residents in the non-military labor force are employed by the local, state and federal government.

What is the median income in Minnetonka, Minnesota?

The median household income in Minnetonka is $95,630.

Minnetonka Housing & Rent Statistics

What percentage of housing units are owner-occupied in Minnetonka, Minnesota?

In Minnetonka, 69.0% of housing units are occupied by their owners.

What percentage of housing units are rented in Minnetonka, Minnesota?

Renters occupy 31.0% of housing units in Minnetonka.

What percentage of Minnetonka, Minnesota housing units were built before 1940?

Of all the housing units in Minnetonka, 3.1% of them were build before 1940.

What percentage of Minnetonka, Minnesota housing units were built after 2000?

In Minnetonka, 9.1% of the total housing units were built after the year 2000, which is approximately 2,200 units.

What is the median monthly rent in Minnetonka, Minnesota?

The median gross monthly rent payment for renters in Minnetonka is $1,428.

What percentage of households in Minnetonka, Minnesota have broadband internet?

In Minnetonka, 91.6% of households have an active broadband internet connection.