Minnetonka

County:: Hennepin County
County Seat:: No
Area (mi²):: 26.912
State:: Minnesota

Minnetonka is a city located in Hennepin County, Minnesota. Minnetonka has a 2025 population of 51,383. Minnetonka is currently declining at a rate of -1.04% annually and its population has decreased by -4.99% since the most recent census, which recorded a population of 54,082 in 2020.

The average household income in Minnetonka is $164,966 with a poverty rate of 4.78%.The median age in Minnetonka is 42.8 years: 41.6 years for males, and 44.5 years for females.

Demographics

The racial composition of Minnetonka includes 81.76% White, 6.73% Asian, 3.86% Black or African American, and smaller percentages for other race, Native American and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	43,542	81.76%
Asian	3,584	6.73%
Two or more races	3,514	6.6%
Black or African American	2,057	3.86%
Other race	510	0.96%
Native American	49	0.09%

Minnetonka Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Minnetonka's average per capita income is $76,254. Household income levels show a median of $120,496. The poverty rate stands at 4.78%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$174,967	-
Families	$159,691	$206,684
Households	$120,496	$164,966
Non Families	$77,352	$95,605

$76,254

Average Income

$120,496

Median Household Income

4.78%

Poverty Rate