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CITY · 1990 CENSUS

Minnetonka

Minnesota · 48,370 residents · 26.912 sq mi
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The short version

Minnetonka is significantly wealthier than the US average, with a median household income of $50,659. Population has declined 6% since 2000. 43% of adults hold a bachelor's degree or higher, well above the national rate of 20%. Median home value is $120,000. Poverty is rare here, at 2.1% of residents. Households here earn about 64% more than the Minnesota median.

At a glance
Wealthier
above the US median
US median: $30,130
Older
median age 35.4
US median: 33.0
More educated
43% hold a bachelor's degree
US average: 20%
More affordable
home values down 13%, inflation adjusted
US median home: $93,722
Section 01

Population & growth

48,370
−6%vs 2000
vs 51,301 in 2000
1990 – 2025
1,797 / sq mi
−6%vs 2000
vs 1,906 / sq mi in 2000
US average: 221
35.4
−13%vs 2000
vs 40.8 in 2000
US average: 33.0
Population, 19902024
48K49K51K53K54K1990201020202024Minnetonka
202453K
1990201020202024
Section 02

Income & economy

$50,659
−5%inflation adjusted, since 2000
vs $69,979 in 2000
US average: $30,130
1990 – 2024
$25,221
−38%vs 2000
vs $40,410 in 2000
US average: $14,340
2.1%
−0.6 ptsvs 2000
vs 2.6% in 2000
US average: 13.2%
Section 03

Housing

$120,000
−13%inflation adjusted, since 2000
vs $182,500 in 2000
US average: $93,722
1990 – 2024
$660
−5%inflation adjusted, since 2000
vs $915 in 2000
US average: $450
76.6%
+0.9 ptsvs 2000
vs 75.7% in 2000
23.4% rent
2.4
−9%vs 2000
vs 2.6 in 2000
1990 – 2024
RELATED:See current rent listings in Minnetonka on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic93.7%(48,067)
Black1.5%(754)
Hispanic / Latino1.3%(657)
Asian2.3%(1,170)
Other0%
Diversity Score12.3%(6,310)
1990
White, non-Hispanic97.5%(47,144)
Black1%(481)
Hispanic / Latino0.9%(425)
Asian1.2%(583)
Other0.3%(162)
Diversity Score8.3%(4,003)
8
−33%vs 2000
vs 12 in 2000
1990 – 2024
Section 05

Education

43.2%
−8.5 ptsvs 2000
vs 51.6% in 2000
US average: 20.3%
High school or higher
94.3%
−1.7 ptsvs 2000
vs 95.9% in 2000
US average: 75.2%
12.3%
−4.6 ptsvs 2000
vs 16.9% in 2000
US average: 7.1%
Section 06

Commute & transportation

20.9 min
+67%vs 2000
vs 12.5 min in 2000
US average: 21.9
Section 07

Work & employment

No data for the years selected.

Section 08

People & community

No data for the years selected.

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Frequently asked

How many people live in Minnetonka, Minnesota?

Minnetonka, Minnesota has about 48,370 residents according to the 1990 Census.

What is the median household income in Minnetonka, Minnesota?

The typical household in Minnetonka, Minnesota earns about $50,659 a year. Half of households make more than that, and half make less.

Is Minnetonka, Minnesota expensive?

In Minnetonka, Minnesota, the median home is worth about $120,000, and the typical rent is about $660 a month.

How educated are people in Minnetonka, Minnesota?

About 43.2% of adults age 25 and over in Minnetonka, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Minnetonka, Minnesota?

About 2.1% of people in Minnetonka, Minnesota live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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