© OpenMapTiles © OpenStreetMap
Living in
Minnetonka.
About
Life in Minnetonka
Minnetonka offers the economic stability of a corporate hub without feeling like a business park—Cargill and UnitedHealth Group anchor the job market here, which translates to real employment security and decent salaries across sectors. The median household income tops $120,000 and unemployment sits at 3.4%, so if you're looking for career prospects in the Twin Cities region, this is solid ground. That said, it comes with a cost: median home prices hover around $476,000, and rent runs $1,779 monthly, so this isn't an affordable suburb by regional standards.
Minnetonka at a Glance
Population, income, housing and more
Median Age
42.9 yrs
Poverty Rate
5.9%
Foreign-Born
11.3%
Broadband Internet
95.5%
of households
Population Growth
+0.3%
recent change · Census Bureau
Median household income
Demographics11.3% foreign-born, most often from India
Who lives in Minnetonka: race and ethnicity, ages, households, languages and countries of origin
In Minnetonka, the largest foreign-born group is from India (19.5%), and 2.8% of residents speak Other Asian/Pacific at home.
Under 18
21.3%
of residents
65 and Older
22.8%
of residents
Households with Kids
25.9%
anyone under 18
Living Alone
32.5%
of households
Married Couples
50.1%
of households
Avg Household Size
2.24
people
Race & Ethnicity
Hispanic or Latino of any race; other groups are non-Hispanic
Top countries of origin (foreign-born)
Languages Spoken at Home
Cost of Livingrent 39% above MN average
Rent, home values, and income in Minnetonka
In Minnetonka, rent runs 39% above the MN average, and home values are 44% above the MN average.
Median rent (per month)
Median home value
Rent Burdened
44.6%
spending 30%+ of income on rent
Severely Rent Burdened
23.0%
spending 50%+
Cost of Living Index
104.8
metro area (BEA) · US avg = 100
Median Property Tax
$5,285
per year, owner-occupied homes
Homeowners
71.6%
of occupied homes are owned
Typical Home Built
1981
median year built
Vacant Homes
5.0%
of housing units
Home Value Trend
Latest: $484,605 (September 2026)
Jobs & Economyunemployment 0.5 pts below MN average
Unemployment in Minnetonka and typical pay across the metro area
Unemployment in Minnetonka is 0.5 percentage points lower than the MN average.
Unemployment rate
City-level rate · BLS annual average
Unemployment Rate — 10 Year Trend
City-level (BLS) · Annual averages
What Minnetonka Residents Do for Work · share of employed residents by industry
City residents, wherever they work
Median Salary by Occupation · metro area
Minneapolis-St. Paul-Bloomington, MN-WI metro area
Commute19.3 min avg
How Minnetonka residents get to work, and the nearest airports
In Minnetonka, most residents drive alone to work (65%), and 81% get there in under 30 minutes.
How People Get to Work
Commute Time Distribution
Nearest airports · with airline service
- 13 mi
Minneapolis–Saint Paul International Airport / Wold–Chamberlain Field (MSP)
Major hub17.5M passengers boarded in 2025
Straight-line distance. Size is the FAA’s hub category, based on passenger traffic: regional airports may have only a few flights a day.
Safetyviolent crime 69% below national average
Crime rates for 2025
Violent crime in Minnetonka runs 69% below the national average.
Violent Crime Rate
101.4
per 100,000 residents
Below average (329 national, 2025)
Property Crime Rate
1,298.4
per 100,000 residents
Below average (1,552 national, 2025)
Minnetonka Police Department
Natural DisastersThunderstorm Wind most common — 25 events in 2025
Natural hazard risk, storms and earthquakes
FEMA National Risk Index
Relatively High
98.3 / 100
Compares expected losses from natural hazards, social vulnerability and community resilience against every US county (higher = more risk).
Hennepin County, county-wide · FEMA NRI December 2025
In Hennepin County, which includes Minnetonka, the most common type is thunderstorm wind, with 25 recorded events in 2025.
Most common events:
Storm events by year
| Year | Events | Top Type | Property Damage |
|---|---|---|---|
| 2025 | 25 | Winter Weather | None reported |
| 2024 | 18 | Thunderstorm Wind | None reported |
| 2023 | 20 | Winter Storm | $14.0M |
| 2022 | 16 | Thunderstorm Wind | $43,700 |
| 2021 | 9 | Thunderstorm Wind | $512,500 |
| 2020 | 16 | Winter Storm | $1.3M |
| 2019 | 16 | Winter Storm | $255,000 |
| 2018 | 16 | Winter Storm | $25,000 |
Property damage is the National Weather Service's estimate filed with each event. “None reported” means the events were logged with $0 damage; “Not estimated” means no estimate was filed. Storms covering several counties aren't counted here, since NOAA doesn't split their damage by county.
0 earthquakes of magnitude 2.5+ within 100 miles in the past year
Hennepin County, county-wide
Minnetonka is about 4% of Hennepin County’s population, so county-wide figures may differ from local conditions.
Air Quality45 median AQI — Good
Days by air quality category (2025)
Air quality in Hennepin County, which includes Minnetonka, is typically good — 211 good-air days per year.
Median AQI
45
Good Days
211
per year
Moderate Days
144
per year
Unhealthy Days
6
per year
Hennepin County, county-wide
Minnetonka is about 4% of Hennepin County’s population, so county-wide figures may differ from local conditions.
Climate80°F summers, 10°F winters
30-year climate averages (1991–2020) — monthly temperatures and precipitation
Minnetonka has warm summers (avg high 80°F) and very cold winters (avg low 10°F).
Spring (Mar–May)
56°/35°F
avg high / low
Summer (Jun–Aug)
80°/61°F
avg high / low
Fall (Sep–Nov)
57°/39°F
avg high / low
Winter (Dec–Feb)
27°/10°F
avg high / low
Annual Precipitation
32.7"
Annual Snowfall
54.3"
Hot Days/Year
9
days above 90°F
Freeze Days/Year
156
days below 32°F
Rainy Days/Year
121
Average month
Show month-by-month table ↓Hide table ↑
| Month | High | Low | Precip |
|---|---|---|---|
| Jan | 24°F | 7°F | 0.95" |
| Feb | 29°F | 11°F | 1.02" |
| Mar | 42°F | 23°F | 1.88" |
| Apr | 57°F | 35°F | 3.31" |
| May | 69°F | 48°F | 4.49" |
| Jun | 78°F | 58°F | 4.64" |
| Jul | 82°F | 63°F | 4.51" |
| Aug | 80°F | 61°F | 4.18" |
| Sep | 72°F | 52°F | 3.45" |
| Oct | 57°F | 39°F | 2.98" |
| Nov | 41°F | 26°F | 1.87" |
| Dec | 29°F | 14°F | 1.40" |
Healthcare
Hospitals, ratings, and health insurance in Minnetonka
Uninsured
1.3%
of residents
No hospitals inside Minnetonka's limits — nearest hospitals · within 15 miles
Park Nicollet Methodist Hospital
Acute Care Hospitals · ER available · 4.8 mi away · Saint Louis Park
M Health Fairview Southdale Hospital
Acute Care Hospitals · ER available · 7.2 mi away · Edina
North Memorial Health Hospital
Acute Care Hospitals · ER available · 8.8 mi away · Robbinsdale
Adult Health · vs. the typical US place
Share of adults. Modeled estimates, not counted cases. “US” = the typical US place.
Medicare-certified hospitals only. Doesn’t include clinics, urgent care, or freestanding ERs.
Education15.8:1 student/teacher ratio
Schools and degree attainment in Minnetonka
Minnetonka's student/teacher ratio is 15.8:1, close to the national average of 16:1, and 65.0% of adults 25+ hold a bachelor's degree or higher.
Public Schools
26
within city limits
Private Schools
3
within city limits
College Degree Rate
65.0%
adults 25+ with bachelor's or higher
Student/Teacher Ratio
15.8:1
National avg 16:1
Schools located within city limits (2023) — school-level metrics change slowly year to year
Colleges Near Minnetonka (within 15 miles)
University of Minnesota-Twin Cities
11.3 mi awayPublic · 4-year · 31,855 students · in-state tuition $18,482 · 83% graduate · median earnings $74,314 (10 yrs after entry)
Private for-profit · 4-year · 18,364 students · in-state tuition $14,328 · 32% graduate · median earnings $51,254 (10 yrs after entry)
Private for-profit · 4-year · 9,136 students · in-state tuition $13,140 · 33% graduate · median earnings $54,715 (10 yrs after entry)
Public · 2-year · 7,044 students · in-state tuition $6,567 · 26% graduate · median earnings $55,051 (10 yrs after entry)
Private nonprofit · 4-year · 6,245 students · in-state tuition $56,460 · 78% graduate · median earnings $82,322 (10 yrs after entry)
North Hennepin Community College
12.8 mi awayPublic · 2-year · 3,451 students · in-state tuition $5,244 · 25% graduate · median earnings $55,487 (10 yrs after entry)
Degree-granting colleges with 100+ students, placed by campus location (main campuses only — branch campuses are reported under their parent school)
Parks & Recreationclosest: Mississippi National River & Recreation Area, 18 mi
Nearby national parks, recreation areas and public libraries for Minnetonka
Minnetonka has 2 nearby national parks or recreation areas, closest being Mississippi National River & Recreation Area (18 mi away).
Nearby National Parks & Recreation Areas
Mississippi National River & Recreation Area
National River & Recreation Area
18 mi awaySaint Croix National Scenic Riverway
National Scenic Riverway
75 mi awayPublic Libraries in Minnetonka
Minnetonka Library
17524 Excelsior Boulevard, Minnetonka
Ridgedale Library
12601 Ridgedale Drive, Minnetonka
Cities Near Minnetonka
The closest cities within 60 miles
Planning a move to Minnetonka?
Read our full moving guide — what it's really like to live here.
Minnetonka FAQ
Is Minnetonka, Minnesota affordable?⌄
Minnetonka's median rent is $1,779/month, which is above the national average. The median household income is $119,517/year. Median home value is $475,800.
Is Minnetonka, Minnesota safe?⌄
Minnetonka's violent crime rate was 101 per 100,000 residents in 2025, which is well below the national average — one of the safer cities in the country of 329/100k that year. Property crime rate is 1298 per 100,000. As with any city, crime rates vary by neighborhood.
What is the job market like in Minnetonka, Minnesota?⌄
Minnetonka has an unemployment rate of 3.4%, which is solid, slightly below the national average of 4.3%.
What is the cost of living in Minnetonka, Minnesota?⌄
The cost of living in Minnetonka is primarily driven by housing. Median rent is $1,779/month and median household income is $119,517/year. The median home value is $475,800. About 45% of renters spend more than 30% of their income on housing.
How is the commute in Minnetonka, Minnesota?⌄
The average commute in Minnetonka is 19 minutes, which is shorter than average compared to the national average of 26 minutes.
Data from the US Census Bureau, BLS, FBI, NOAA, EPA, Zillow Research and other public sources. Where our data comes from