Minnetonka, MN Overview

Summary

Population Growth (since 2000)6%
Population Density (ppl / mile)2,019.00
Household Size (ppl)2.253
Households w/ Children25%

Housing Stability

Annual Residential Turnover0%
5+ Years in Residency45%
Median Year in Residency4.45

Housing Inventory

Minnetonka, MN Housing Inventory 1,3646,56917,44217,4421,3646,56917,442

Market Overview

229 listings with an estimated median price of $509,500

PriceCount
$0 - 100K2
$100K - 200K19
$200K - 300K27
$300K - 400K27
$400K - 500K38
$500K - 600K30
$600K - 700K16
$700K - 800K21
$800K - 900K11
$900K - 1M7
$1M - Max31
Property TypeCount
Single Family145
Townhouse26
Condo38
Commercial1
Rental3
Lots and Land18
Multi Family1

(Data as of 9/23/2024)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Minnetonka, MN Population Demographics

Total: 54,440

Households:24,011

Median Age: 46.02

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Minnetonka, MN Temperature

Weather Risk

Minnetonka, MN Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Minnetonka, MN Education Climate Index

Highest Education Level Attained

Minnetonka, MN Highest Education Level Attained 6,7903,3115,1035742939,15014,1806,7903,3115,1035742939,15014,180

Employment and Finance

Workforce

Minnetonka, MN Workforce

Income by dollar range (Median Income: $86,771)

Minnetonka, MN Income by dollar range 6534777268357728518106887701,6102,2223,1022,5462,0443,1821,526655545

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$699
One Bedroom
$862
Two Bedroom
$1,086
Three Bedroom
$1,538
Four Bedroom
$1,799

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
No
Restaurants
Yes
Bars
Yes

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Minnetonka, MN Crime

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