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Minnetonka, MN Real Estate

Minnetonka, Minnesota is located in Hennepin County. Nearby cities and towns include Hopkins, Woodland, Deephaven, Wayzata, Greenwood, St. Louis Park, Medicine Lake, Excelsior, Edina, Shorewood, Eden Prairie, Plymouth, Minnetonka Beach, Golden Valley, Long Lake, Tonka Bay, Orono, Chanhassen, New Hope, Spring Park, Crystal, Robbinsdale, Medina, Richfield, Minneapolis, Mound, Bloomington, Victoria, Chaska, Shakopee, Maple Plain, Brooklyn Center, Loretto, Maple Grove, Minnetrista, Columbia Heights, Osseo, Hilltop, Savage, Lauderdale, Brooklyn Park, Corcoran, Independence, St. Anthony, St. Bonifacius, Prior Lake, Falcon Heights, Fridley, Burnsville, Carver, Mendota, New Brighton, Mendota Heights, Roseville, Greenfield, Lilydale, Spring Lake Park, Eagan, Champlin, Arden Hills, Mounds View, St. Paul, Waconia, Rockford, Delano, Dayton, Apple Valley, Coon Rapids, Hanover, Rogers, Sunfish Lake, West St. Paul, Watertown, Shoreview, Little Canada, Anoka, Cologne, Lexington, Lakeville, Jordan, Blaine, South St. Paul, Vadnais Heights, Circle Pines, Inver Grove Heights, Mayer, North Oaks, Maplewood, St. Michael, Gem Lake, Ramsey, Newport, Rosemount, Albertville, North St. Paul, Andover, White Bear Lake, Landfall, Farmington, St. Paul Park, Otsego, Montrose, Oakdale, and Lino Lakes. Minnetonka is an urban community with a population of 50,652. The median household income is $84,017. In Minnetonka, 58% of residents are married, and families with children reside in 27% of the households. Half the population of Minnetonka commutes 20 minutes or less to work, with 66% of residents holding white collar jobs and 34% residents holding blue collar jobs. The median age of homes in Minnetonka, MN is 23 years, with 68% of those homes owned, 26% rented, and 6% not occupied. In the previous year, 804 Minnetonka properties were sold. The median sale price of a home in Minnetonka in the previous year was $277,581.

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About Schools in Minnetonka, MN

Minnetonka offers a range of educational opportunities with 8 elementary schools, 4 middle schools and 10 high schools.

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Minnetonka, MN Local Market & Demographic Data

Married vs. single

Minnetonka, MN
  • 42% Single
  • 58% Married
  • 47% Single
  • 53% Married

Male VS. Female

Minnetonka, MN
  • 53% Female
  • 47% Male
  • 50% Female
  • 50% Male

Average Age of Citizens in Minnetonka, MN

  • 43
  • 38
  • Minnetonka, MN
  • Minnesota

Average Age of Homes in Minnetonka, MN

  • 23
  • 31
  • Minnetonka, MN
  • Minnesota

Vacant Homes in Minnetonka, MN

  • 6%
  • 12%
  • Minnetonka, MN
  • Minnesota

Average INCOME of Citizens

  • $114,480
  • $75,284
  • Minnetonka, MN
  • Minnesota

Owned Homes vs. Rented Homes

Minnetonka, MN
  • 68% Owned
  • 26% Rented
  • 63% Owned
  • 25% Rented