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CITY · 2020 ACS

Tonka Bay

Minnesota · 1,442 residents · 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 $135,167. Population has declined 7% since 2000. 57% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value has more than doubled since 2000, reaching $674,800. With a median age of 53.4, the population is older than the US median of 38.8. Households here earn about 84% more than the Minnesota median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 53.4
US median: 38.8
More educated
57% hold a bachelor's degree
US average: 33%
Less affordable
home values up 50%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,442
−7%since 2000
from 1,547 in 2000
1990 – 2025
Population density
1,536 / sq mi
−7%since 2000
from 1,647 / sq mi in 2000
US average: 280
Median age
53.4
+29%since 2000
from 41.4 in 2000
US average: 38.8
Population, 1990 – 2024
1K1K1K2K2K1990201020202024Tonka Bay
20241K
1990201020202024
Section 02

Income & economy

Median household income
$135,167
+6%inflation adjusted, since 2000
from $84,879 in 2000
US average: $66,278
1990 – 2024
Per capita income
$89,631
+76%since 2000
from $50,825 in 2000
US average: $35,364
Households earning $100K+
77.4%
+11.7 ptssince 2009
from 65.8% in 2009
US average: 43.9%
Poverty rate
6.8%
+4.6 ptssince 2000
from 2.2% in 2000
US average: 12.8%
Workforce by industry, 2020
Other services13%
US avg: 6.6%
Retail trade12.7%
US avg: 10%
Transportation & warehousing10.2%
US avg: 2.5%
Public administration9.7%
US avg: 4.7%
Information8%
US avg: 11.1%
Wholesale trade5.6%
US avg: 6.7%
Finance & insurance3.3%
US avg: 5.5%
Professional, scientific, technical2.9%
US avg: 4.7%
Arts, entertainment, food1.2%
US avg: 2%
Agriculture, forestry, fishing0.8%
US avg: 1.7%
Construction0.4%
US avg: 1.2%
Manufacturing0.4%
US avg: 0.5%
Education & health services0.4%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$674,800
+50%inflation adjusted, since 2000
from $299,600 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,819
+40%inflation adjusted, since 2000
from $867 in 2000
US average: $1,124
Owner-occupied
90.1%
−1.3 ptssince 2000
from 91.4% in 2000
9.9% rent
Afford Score
5.0
+41%since 2000
from 3.5 in 2000
1990 – 2024
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)
2020
White, non-Hispanic91.3%(1,316)
Black1.4%(20)
Hispanic / Latino2.6%(37)
Asian1.5%(22)
Other1.6%(24)
Diversity Score17.3%(249)
Diversity Score
17
+273%since 2000
from 5 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
57.0%
+3.8 ptssince 2000
from 53.1% in 2000
US average: 32.9%
High school or higher
98.6%
+1.1 ptssince 2000
from 97.4% in 2000
US average: 88.5%
Graduate degree
15.9%
−1.6 ptssince 2000
from 17.5% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
26.7 min
+65%since 2000
from 16.1 min in 2000
US average: 26.9
Drive alone to work
76.4%
+2.2 ptssince 2009
from 74.3% in 2009
US average: 75.1%
No vehicle available
1.0%
+0.4 ptssince 2009
from 0.6% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
7.8%
+2.5 ptssince 2011
from 5.3% in 2011
US average: 5.4%
Labor force participation
63.7%
−8.5 ptssince 2011
from 72.2% in 2011
US average: 63.4%
Management & professional
51.3%
−21.3 ptssince 2009
from 72.6% in 2009
US average: 39.3%
Section 08

People & community

Male
53.8%
+3.1 ptssince 2009
from 50.7% in 2009
Female
46.2%
−3.1 ptssince 2009
from 49.3% in 2009
Foreign born
3.1%
+1.3 ptssince 2009
from 1.8% in 2009
US average: 13.5%
Uninsured
1.8%
−93.3 ptssince 2013
from 95.1% in 2013
US average: 8.8%
Drill deeper

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Compare Tonka Bay to nearby cities

TONKA BAY VS
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Income$173,527+28%
Home value$1,004,500+49%
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TONKA BAY VS
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Income$86,675−36%
Home value$370,800−45%
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TONKA BAY VS
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Income$143,651+6%
Home value$566,300−16%
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TONKA BAY VS
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Income$195,639+45%
Home value$581,200−14%
Population12,447+697%
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Frequently asked

How many people live in Tonka Bay, Minnesota?

Tonka Bay, Minnesota has about 1,442 residents according to the 2020 American Community Survey.

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

The typical household in Tonka Bay, Minnesota earns about $135,167 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 $674,800, and the typical rent is about $1,819 a month.

How educated are people in Tonka Bay, Minnesota?

About 57.0% 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 6.8% 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 30 residents, a change of about -2 percent over that period.

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

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