City profile · Minnesota · Census ACS 2023

Minnetonka, MN

Population, income, housing, safety, climate and schools for Minnetonka - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

53,256
Residents
$120,496
Median income
$456,200
Median home
$1,709
Median rent (state)

Minnetonka - the verdict

Minnetonka ranks in the 87th percentile for household income and the 38th percentile for safety nationally, out of every US city with at least 1,000 residents. Source: Census ACS + FBI UCR.

87th
percentile, household income
82nd
percentile, home value
68th
percentile, median rent
38th
percentile, safety
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Minnetonka, MN

Minnesota's Minnetonka is a small city, with 53,256 residents per the latest Census Bureau ACS figures. Minnetonka households earn a median of $120,496 annually, placing it in the top quartile of U.S. cities for household income, with a poverty rate of 2.5%. Minnetonka's housing stock carries a median value of $456,200, and the median resident age is 42.8 years. 63.3% of adults here have a bachelor's degree or higher; 67.1% of working-age residents are in the labor force.

In 2024, 611 residential building permits were authorized in Minnetonka (Construction Slowdown), down 36% from five years earlier, per Census BPS data. Minnetonka reports a comparatively low crime rate: the FBI's Uniform Crime Reporting program logs 1754.1 total incidents per 100,000 residents here, below the national average (agency reporting is voluntary, so this measures reporting activity, not a definitive danger score).

Minnesota tracks close to the national cost-of-living baseline: BEA Regional Price Parities 2024 puts Minnesota at 98.6 on a 100-equals-national-average scale (Near Average). Statewide, HUD pegs Fair Market Rent for a two-bedroom unit at $1,709 monthly. EIA 2023 residential energy data puts Minnesota's average monthly utility costs around $225 (state average). Commute times here average 14.9 minutes, with 66.3% driving alone and 25.8% working from home, per Census ACS commuting data. Natural-hazard exposure scores 98.3 out of 100 on FEMA's National Risk Index (Very High).

Population

53,256 residents

Census ACS 2023 - Minnesota

Median Household Income

$120,496 /yr

Poverty 2.5%

Cost of Living Index (state)

98.6 (US=100)

Near Average - BEA RPP 2024, Minnesota average

How does Minnetonka compare to other US cities?

Where Minnetonka sits among all US cities (population 1,000+) on each measure, computed live from Census and FBI data.

Household income 87% higher than other cities
Home value 82% pricier than other cities
Median rent 68% pricier than other cities
Safety 38% safer than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

Zoom in to just Minnesota and the picture shifts: Minnetonka ranks #177 of 229 Minnesota cities by lowest crime rate, a different read than the national percentile above.

How we calculate these percentiles & ranks

Each percentile compares Minnetonka against every qualifying US city; each in-state rank narrows that to Minnesota only. Full formula and direction notes: methodology.

Minnesota-relative analysis

Bachelor's Degree or Higher is Minnetonka's strongest outlier among Minnesota cities

Among the 784 Minnesota cities PlainCities tracks with reported bachelor's degree or higher data, Minnetonka ranks #28 - the 96th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Minnetonka only against its own state's cities, not the full US field.

Median Household Income
#64 of 775
92nd percentile in Minnesota
Median Gross Rent
#1 of 785
77th percentile in Minnesota
Median Home Value
#43 of 774
94th percentile in Minnesota
Poverty Rate
#572 of 785
26th percentile in Minnesota
Bachelor's Degree or Higher
#28 of 784
96th percentile in Minnesota

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Minnesota only, not a livability score. See the methodology for the source and calculation.

87thIncome percentile
38thSafety percentile

87th percentile nationally for median household income · 38th percentile for safety (lower crime rate). Source: Census ACS 2023 / FBI UCR 2023.

Minnetonka's profile vs. every US city

Income, affordability, and safety percentile

Minnetonka's percentile rank on 3 favorable-direction measures (income, affordability, safety) vs. every tracked US city -- higher on every axis is more favorable. Not a composite quality score, just the arithmetic mean of the axes shown. 3-axis radar comparing 1 series across Income, Affordability, Safety. IncomeAffordabilitySafety 50 Avg. percentile National median
Minnetonka's percentile rank on 3 favorable-direction measures (income, affordability, safety) vs. every tracked US city -- higher on every axis is more favorable. Not a composite quality score, just the arithmetic mean of the axes shown.

How Minnetonka's home value compares nationally

Median home value vs. every US city (population 1,000+)

$456,200 18th percentile more affordable than 18% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). Below this entry. $200,000–$225,000: 1,035 US cities (7%). Below this entry. $225,000–$250,000: 976 US cities (6%). Below this entry. $250,000–$275,000: 754 US cities (5%). Below this entry. $275,000–$300,000: 712 US cities (5%). Below this entry. $300,000–$325,000: 521 US cities (3%). Below this entry. $325,000–$350,000: 526 US cities (3%). Below this entry. $350,000–$375,000: 465 US cities (3%). Below this entry. $375,000–$400,000: 393 US cities (3%). Below this entry. $400,000–$425,000: 317 US cities (2%). Below this entry. $425,000–$450,000: 300 US cities (2%). Below this entry. $450,000–$475,000: 307 US cities (2%). This entry sits in this band. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Minnetonka $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Minnetonka, MN Minnetonka, MN's reported median household income shown against the U.S. national quintile-share pattern (not Minnetonka, MN-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Minnetonka, MN median $120,496/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Minnetonka, MN's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Minnetonka, MN. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 63.3%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 2.5%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 67.1%

Census ACS S2301, share of working-age residents in the labor force

Population
53,256
Median Income
$120,496
Median Home Value
$456,200
Median Age
42.8
Poverty Rate
2.5%
Labor force participation
67.1%
Bachelor's Degree+
63.3%

Safety & Crime

Total Crime Rate
1754.1
per 100,000 residents
Violent Crime
115.5
per 100,000 residents
Property Crime
1638.6
per 100,000 residents

Reflects incidents reported to the FBI's Uniform Crime Reporting program — agency participation is voluntary and reporting completeness varies by jurisdiction and year, so this reflects reporting activity, not a definitive danger score. Not adjusted for tourism, commuter, or daytime population.

Schools

Total Schools
18
Public schools in this city

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
52,000 residents52,500 residents53,000 residents53,500 residents54,000 residents54,500 residents 202020212022202320242025 54,101 residents 53,969 residents ▼ -0.2%
Minnetonka's Census PEP population estimates, 2020–2025.

Housing Supply

Census Bureau Building Permits Survey (BPS) - annual residential permits authorized

📉 Construction Slowdown
Total Permits (2024)
611
housing units authorized
Single-Family
33
detached homes
Multifamily
578
apartments & condos
Supply Intensity
11.5
permits per 1,000 residents

5-Year Permit Trend (2019–2024)

Year Total
2019 953
2020 159
2021 226
2022 396
2023 27
2024 611

Permit volume decreased 36% from 2019 to 2024.

Commute Patterns

How workers travel to work, Census ACS 2023

Average Commute Time
14.9 minutes
Drive Alone
66.3%
Carpool
4.7%
Public Transit
0.9%
Walk
1.3%
Work from Home
25.8%
Other
1.0%

Based on 28,578 workers 16 and over.

Monthly Utility Costs

State-average estimates for Minnesota - EIA 2023 residential energy data

Electricity
$95
avg/month
Natural Gas
$85
avg/month
Water & Sewer
$45
avg/month
Total Utilities
$225
estimated/month

Estimates reflect Minnesota state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Minnesota state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Minnetonka sits in

Cost of Living Index
98.6
Near Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,709/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
98.3 / 100
Very High
FEMA NRI composite score (county)

Similar Cities in Minnesota

Edina
53,125 people
Apple Valley
55,696 people
St. Louis Park
49,541 people
Shakopee
45,002 people
Mankato
44,882 people
Moorhead
44,706 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Minnetonka's 53,256 residents (Census ACS 5-Year 2023).

Twin Falls, ID
53,219 people
Oak Park, IL
53,315 people
Galveston, TX
53,348 people
Aloha, OR
53,362 people
Pinellas Park, FL
53,423 people
Westchester, FL
53,082 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Minnetonka's $120,496 (Census ACS 5-Year 2023, table B19013).

Grant-Valkaria, FL
$120,500 median income
Sweetwater, ID
$120,500 median income
Makakilo, HI
$120,489 median income
Moscow, IA
$120,489 median income
Helenville, WI
$120,486 median income
Mendes, GA
$120,481 median income

Race & Ethnicity Composition

Race and ethnicity - Minnetonka, MN Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Minnetonka, MN - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 81.8% 6.7% 6.6% ETHNICITY, Hispanic or Latino (any race) 4.1% White 81.8% Black or African American 3.9% Asian 6.7% American Indian 0.1% Native Hawaiian 0.0% Some other race 1.0% Two or more races 6.6% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Minnetonka compares to nearby Minnesota cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Minnetonka (this city) 53,256 $120,496
Edina 53,125 $129,225
Apple Valley 55,696 $99,277
St. Louis Park 49,541 $100,250
Census ACS 5-year FIPS MN FBI UCR NCES CCD Census BPS 2024 OMB Bulletin 23-01

What do people ask about Minnetonka, MN?

What is the population of Minnetonka, MN? +

The population of Minnetonka, MN stands at 53,256 according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Minnetonka, MN? +

Minnetonka households earn a median of $120,496 annually, based on Census ACS 2023 data.

What is the cost of living in Minnetonka? +

BEA does not publish a city-level cost-of-living figure for Minnetonka; the closest available measure is the Minnesota state average, a cost of living index of 98.6 (U.S. average = 100), rated "Near Average" based on BEA Regional Price Parities 2024 data. Costs within Minnesota vary by metro area.

Is Minnetonka, MN safe? +

Minnetonka has a total crime rate of 1754.1 per 100,000 residents, which is below the national average. This reflects incidents reported to the FBI UCR program, not a definitive safety score -- agency reporting is voluntary and completeness varies by jurisdiction.

What is the median home value in Minnetonka, MN? +

Minnetonka's median home value sits at $456,200, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, FBI UCR, NCES CCD, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.