MINNETONKA, MN  55345

Total Population: 21,255

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Median Home Value

$478,800

Owner-occupied units

Median Household Income

$143,287

Across all households

Median Age

43.9 yrs

Across all residents

Bachelor's Degree+

64.2%

Adults 25 and older

Nearby ZIP Codes

Demographics

14 fields

Racial & Ethnic Composition

White (Non-Hispanic)83.2%
Hispanic or Latino5.4%
Asian (Non-Hispanic)5.1%
Two or More Races4.1%
Black (Non-Hispanic)1.9%
Other Race0.2%

Under 18 Years

25.5%

65 Years and Over

21.1%

Male

49.9%

Female

50.1%

U.S. Citizens (18+)

97.4%

No Health Insurance

2.0%

Education

3 fields

High School Graduate or Higher (25+)

97.0%

Bachelor's Degree or Higher (25+)

64.2%

Enrolled in College (18+)

3.8%

Economics

6 fields

Median Household Income

$143,287

Mean Household Income

$183,598

Per Capita Income

$74,363

Unemployment Rate (16+)

1.9%

In Labor Force (19–64)

85.4%

SNAP / Food Stamps

1.8%

Housing & Households

13 fields

Median Home Value

$478,800

Median Rent

$1,444/mo

Total Housing Units

8,834

Owner-Occupied

86.3%

Renter-Occupied

13.7%

Vacancy Rate

4.5%

Married Couple Households

58.0%

Cohabiting Couple Households

6.3%

Male Householder, No Partner

12.3%

Female Householder, No Partner

23.4%

Average Household Size

2.51

Broadband Internet Access

93.9%

Housing Built Since 2010

Source: U.S. Census Bureau, American Community Survey 2023 5-Year Estimates. ZCTA5 55345.