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CITY

Tonka Bay

Minnesota · 1,561 residents (2025 est.) · 0.939 sq mi
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The short version

Tonka Bay is significantly wealthier than the US average, with a median household income of $156,458. Population has fallen 18% since 2000, a loss of 277 residents. 63% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has roughly tripled since 2000, reaching $917,100. With a median age of 59.8, the population is older than the US median of 38.9. It ranks in the top 1% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 59.8
US median: 38.9
More educated
63% hold a bachelor's degree
US average: 36%
Less affordable
home values up 68%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,270
−18%since 2000
from 1,547 in 2000
1990 – 2025
Population density
1,353 / sq mi
−18%since 2000
from 1,647 / sq mi in 2000
US average: 281
Median age
59.8
+44%since 2000
from 41.4 in 2000
US average: 38.9

PEP 2025 EST:1,561 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
1K1K1K2K2K1990201020202024Tonka Bay
20241K
1990201020202024
Section 02

Income & economy

Median household income
$156,458
+1%inflation adjusted, since 2000
from $84,879 in 2000
US average: $82,259
1990 – 2024
Per capita income
$122,757
+142%since 2000
from $50,825 in 2000
US average: $44,673
Households earning $100K+
76.2%
+10.4 ptssince 2009
from 65.8% in 2009
US average: 53.3%
Poverty rate
3.5%
+1.3 ptssince 2000
from 2.2% in 2000
US average: 12.5%
Income inequality (Gini)
0.542
+1%since 2010
from 0.539 in 2010
US average: 0.476
Workforce by industry, 2024
Other services23.3%
US avg: 6.7%
Public administration15.1%
US avg: 4.8%
Transportation & warehousing9.7%
US avg: 2.2%
Retail trade8.4%
US avg: 9.9%
Wholesale trade6.3%
US avg: 6.9%
Information5.7%
US avg: 10.8%
Finance & insurance2.7%
US avg: 5.9%
Professional, scientific, technical2.7%
US avg: 5.1%
Arts, entertainment, food2.3%
US avg: 1.9%
Agriculture, forestry, fishing1.3%
US avg: 1.6%
Construction1.3%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$917,100
+68%inflation adjusted, since 2000
from $299,600 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$2,320
+47%inflation adjusted, since 2000
from $867 in 2000
US average: $1,442
Owner-occupied
81.4%
−10.0 ptssince 2000
from 91.4% in 2000
18.6% rent
Vacancy rate
11.1%
+0.4 ptssince 2009
from 10.7% in 2009
US average: 10.0%
Owner cost-burdened
31.2%
−8.4 ptssince 2009
from 39.6% in 2009
US average: 22.9%
Renter cost-burdened
31.7%
−9.2 ptssince 2009
from 40.9% in 2009
US average: 47.4%
Afford Score
5.9
+66%since 2000
from 3.5 in 2000
1990 – 2024
Gentrification Score
42
RELATED:See current rent listings in Tonka Bay on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic97.9%(1,514)
Black0.1%(1)
Hispanic / Latino1.4%(22)
Asian0.4%(6)
Other0%
Diversity Score4.6%(72)
2024
White, non-Hispanic92.4%(1,173)
Black0.4%(5)
Hispanic / Latino2.5%(32)
Asian0.5%(6)
Other4.3%(54)
Diversity Score18.1%(229)
Diversity Score
18
+290%since 2000
from 5 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
63.3%
+10.2 ptssince 2000
from 53.1% in 2000
US average: 35.6%
High school or higher
100.0%
+2.6 ptssince 2000
from 97.4% in 2000
US average: 89.6%
Graduate degree
24.0%
+6.5 ptssince 2000
from 17.5% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
25.7 min
+59%since 2000
from 16.1 min in 2000
US average: 26.5
Drive alone to work
56.5%
−17.8 ptssince 2009
from 74.3% in 2009
US average: 68.9%
Carpooled to work
1.7%
−7.9 ptssince 2009
from 9.6% in 2009
US average: 8.5%
Public transit
1.0%
+0.5 ptssince 2009
from 0.5% in 2009
US average: 3.2%
Worked from home
39.9%
+28.8 ptssince 2009
from 11.1% in 2009
US average: 15.0%
Walked to work
0.6%
−1.3 ptssince 2009
from 1.9% in 2009
US average: 2.4%
Biked to work
0.0%
−1.4 ptssince 2009
from 1.4% in 2009
US average: 0.4%
No vehicle available
0.5%
−0.1 ptssince 2009
from 0.6% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
9.7%
+4.4 ptssince 2011
from 5.3% in 2011
US average: 5.2%
Labor force participation
51.1%
−21.1 ptssince 2011
from 72.2% in 2011
US average: 63.5%
Self-employed
8.2%
−1.1 ptssince 2009
from 9.3% in 2009
US average: 13.1%
Management & professional
58.2%
−14.4 ptssince 2009
from 72.6% in 2009
US average: 42.5%
Section 08

People & community

Male
52.5%
+1.9 ptssince 2009
from 50.7% in 2009
Female
47.5%
−1.9 ptssince 2009
from 49.3% in 2009
Foreign born
3.6%
+1.8 ptssince 2009
from 1.8% in 2009
US average: 14.1%
Veterans
6.4%
−44.5 ptssince 2009
from 50.9% in 2009
US average: 6.2%
With a disability
8.5%
+4.8 ptssince 2012
from 3.7% in 2012
US average: 13.3%
Uninsured
1.0%
−94.1 ptssince 2013
from 95.1% in 2013
US average: 8.4%
Broadband at home
96.8%
+5.8 ptssince 2017
from 91.0% in 2017
US average: 91.0%
English only at home
94.2%
−1.4 ptssince 2016
from 95.6% in 2016
US average: 77.7%
Spanish at home
2.8%
+1.2 ptssince 2016
from 1.6% in 2016
US average: 13.6%
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Compare Tonka Bay to nearby cities

TONKA BAY VS
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TONKA BAY VS
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TONKA BAY VS
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TONKA BAY VS
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Frequently asked

How many people live in Tonka Bay, Minnesota?

Tonka Bay, Minnesota has about 1,270 residents according to the 2024 American Community Survey.

What is the median household income in Tonka Bay, Minnesota?

The typical household in Tonka Bay, Minnesota earns about $156,458 a year. Half of households make more than that, and half make less.

Is Tonka Bay, Minnesota expensive?

In Tonka Bay, Minnesota, the median home is worth about $917,100, and the typical rent is about $2,320 a month.

How educated are people in Tonka Bay, Minnesota?

About 63.3% of adults age 25 and over in Tonka Bay, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Tonka Bay, Minnesota?

About 3.5% of people in Tonka Bay, Minnesota live below the federal poverty line.

Has Tonka Bay, Minnesota grown since 1990?

Yes, Tonka Bay, Minnesota has shrunk since 1990. The population has lost about 202 residents, a change of about -14 percent over that period.

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

How we source and harmonize this data →