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Minnetonka, MN 55305 has a population of approximately 20,009 and experiences a population change rate of 3.68%. The population density is 2,150.8 / sq mi .
The median household income for Minnetonka, MN 55305 is $95,701, with 9,979 households and an average household size of 2.16.
The median value of a home in Minnetonka, MN 55305 is $399,700 with an appreciation rate of 11.00%. 55.54% of housing in the state is owned while 39.17% is rented.
The cost of living in Minnetonka, MN 55305 is 128.1 %.
The unemployment rate in Minnetonka, MN 55305 is 2.50%, and recent job growth is at 0.59%. Future job growth is projected at 32.19%.
The sales tax rate in Minnetonka, MN 55305 is 7.52%, while the income tax rate is 6.80% .
School expenditures in Minnetonka, MN 55305 are $19,300, and the school ratio is 16.1:1.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 6.3 degrees. The average rainfall is approximately 32.1 inches per year, with 53.5 inches of snow per year.