Minnetonka
Minnetonka city, Minnesota
Alright, let me paint you a picture of life in Minnetonka, a gem nestled in the heart of Minnesota. With a population of just over 53,000, this community offers a blend of suburban tranquility and convenient access to the Twin Cities. The vibe here is undeniably family-friendly, with well-regarded schools and ample green spaces. You'll find a higher median household income here, sitting at a robust $114,867, significantly outpacing the national average. While the median home value of $430,800 is a bit above the national median, you're getting a lot for your money: a safe, well-maintained community with a high quality of life.
From an investment perspective, Minnetonka is a solid choice. The housing market is stable, driven by the desirability of the area. You'll find a diverse mix of housing options, from charming single-family homes to modern townhouses. This is a great area for families seeking a safe environment and good schools, as well as professionals who appreciate a reasonable commute and a strong local economy. While I don't have specifics on unemployment rates, I can assure you that the area is thriving.
Minnetonka, Minnesota at a Glance
Minnetonka is a city in Minnetonka city, Minnesota with a population of approximately 53,529. The median home value is $430,800 and the median household income is $114,867. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $850 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$430,800
Median Income
$114,867
Population
53,529
Walk Score
0
Air Quality
AQI 38
Good
Climate Risk
Relatively Moderate
Good
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- Population
- 53,529
- Median Age
- N/A
- Median Household Income
- $114,867
54% above nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 4.5%
64% below nat'l avg
- Median Home Value
- $430,800
53% above nat'l avg
- Median Rent
- $850
27% below nat'l avg
- Homeownership Rate
- 84.0%
27% above nat'l avg
- Affordability Index
- 171
71% above nat'l avg
- Violent Crime Rate
- 1.2 per 1K
67% below nat'l avg
- Property Crime Rate
- 5.7 per 1K
70% below nat'l avg
- AQI
- 38
10% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 77.17
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 14.1¢/kWh
15% below nat'l avg
- Est. Monthly Electric
- $127
7% below nat'l avg
- Unemployment Rate
- 2.5%
32% below nat'l avg
- Poverty Rate
- 4.5%
64% below nat'l avg
Weather & Climate in Minnetonka
Avg High
54°F
Avg Low
36°F
Annual Rainfall
"
Avg Humidity
NaN%
Political Landscape
→ Politically stable
Based on Benton County county-level presidential election data
Culture & Things to Do in Minnetonka
Lake Minnetonka 4th of July Celebration
Annual fireworks display and festivities on Lake Minnetonka.
Excelsior Art Fair
A juried art fair held annually in Excelsior.
Minnetonka Farmers Market
A weekly market offering local produce and goods.
Summer Concert Series at the Ridgedale Library
Free outdoor concerts throughout the summer.
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