Minnetonka has a population of approximately 53,809 and experiences a population change rate of 4.89%. The population density is 1,999.7 / sq mi .
Minnetonka has a population of approximately 53,809 and experiences a population change rate of 4.89%. The population density is 1,999.7 / sq mi .
The median household income for Minnetonka is $106,023, with 23,308 households and an average household size of 2.29.
The median value of a home in Minnetonka is $412,600 with an appreciation rate of 11.00%. 68.17% of housing in the state is owned while 26.91% is rented.
The cost of living in Minnetonka is 128.1 %.
The unemployment rate in Minnetonka is 2.10%, and recent job growth is at 0.60%. Future job growth is projected at 32.79%.
The sales tax rate in Minnetonka is 7.52%, while the income tax rate is 6.80% .
School expenditures in Minnetonka 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 5.9 degrees. The average rainfall is approximately 32.1 inches per year, with 53.3 inches of snow per year.