Everything You Should Know Before Moving to Minnetonka, MN
Thinking about moving to Minnetonka, MN? This welcoming suburb boasts a population of 53,085, a strong median home price around $430,000, and rents near $1,530. Residents enjoy very low violent crime rates (93 per 100K), top-tier schools, and highly educated neighbors—over 62% hold bachelor’s degrees or higher. With an average commute of just 22 minutes, abundant sunny days, and quick access to healthcare and outdoor recreation, Minnetonka is perfect for families and professionals seeking safety, comfort, and a high quality of life.
Demographics - Minnetonka, MN
Demographics - Minnetonka, MN
Minnetonka is home to just over 53,000 residents, with a median age of 45 and a diverse but predominantly White population. The city’s moderate population density and a balance of genders create a comfortable suburban environment, while nearly 8% of residents speak a language other than English at home.
Population:
53,085
Density:
2,350 per sq mi
Median Age:
45.1
Gender Ratio:
92 males per 100 females
Non-English Speakers Percentage:
7.7%
Ethnic Composition
White:
85.4%
Black:
4.1%
Asian:
5.2%
Others:
5.3%
Cost Of Living
What is the average cost of living in Minnetonka, MN?
Living in Minnetonka comes with a slightly higher cost of living, with a median home value of $430,000 and average rent around $1,530 per month. Utilities and everyday expenses are above the national average, but residents benefit from high-quality services and amenities.
Median House Value:
$430,000
Gross Rent:
$1,530
Monthly Electricity Charges:
$120
Auto Insurance:
$1,430
House Owner Cost With Mortgage:
$2,120
House Owner Cost Without Mortgage:
$725
State Taxes:
Low:
5.35%
|
High:
9.85%
Cost Of Living Index:
112.5
Grocery:
104.4
Housing:
118.7
Utilities:
106.5
Transportation:
110.2
Health Care:
105.8
Miscellaneous:
101.5
Crime
Is Minnetonka, MN a safe place to live?
Minnetonka is considered a safe community, with a low violent crime rate of 93 incidents per 100,000 people and a property crime rate that is well below many metropolitan areas. Residents enjoy a strong sense of security, making the city appealing for families and retirees.
Violent Crimes Per 100k:
93
Property Crimes Per 100k:
1,218
Crime Index:
1,311
Chance Of Violent Crime:
1 in 1,075
Chance Of Property Crime:
1 in 82
Weather
What is the weather like in Minnetonka, MN year-round?
Minnetonka experiences the full range of Minnesota seasons, from cold winters with lows around 7°F to pleasant summers reaching 83°F. The city enjoys about 58% sunny days annually and receives approximately 31.5 inches of rainfall, offering residents year-round opportunities for outdoor activities.
Winter
Min:
7°F
Max:
27°F
Spring
Min:
35°F
Max:
64°F
Summer
Min:
60°F
Max:
83°F
Fall
Min:
41°F
Max:
65°F
Average Rainfall Inches:
31.5 inches
Sunny Days Percentage:
58%
Neighbors
Residents of Minnetonka enjoy a prosperous and well-educated community, with a median household income exceeding $113,000 and low poverty and unemployment rates. Most neighbors have at least a bachelor’s degree, and average commutes are a manageable 22 minutes, contributing to a high quality of life.
Median Income:
$62,400
Household Income:
$113,900
Family Income:
$134,500
Per Capita Income:
$67,800
Income Male:
$83,200
Income Female:
$61,700
Poverty Rate:
5.3%
Non English Speakers:
7.7%
Rent:
$1,530
Unemployment Rate:
2.6%
Public Transport Usage:
2.1%
Commute Time:
22.4 minutes
Education
High School or Higher:
97.5%
Bachelors or More:
62.2%
Education
How are the schools in Minnetonka, MN?
Minnetonka is renowned for its highly rated public and private schools, including Minnetonka High School and Scenic Heights Elementary. The city is also close to higher education institutions like Normandale Community College and the University of Minnesota, making it ideal for families seeking strong educational opportunities.
Public Schools
Name:
Minnetonka High School
Street:
18301 Hwy 7
Phone:
952-401-5700
Students:
3,400
Student Teacher Ratio:
17.1
Name:
Scenic Heights Elementary School
Street:
5650 Scenic Heights Dr
Phone:
952-401-5400
Students:
620
Student Teacher Ratio:
15.5
Private Schools
Name:
St. David's Center School
Street:
3395 Plymouth Rd
Phone:
952-939-0396
Students:
210
Colleges
Name:
Normandale Community College
City:
Bloomington
State:
MN
Distance:
8 miles
Students:
14,000
Name:
University of Minnesota - Twin Cities
City:
Minneapolis
State:
MN
Distance:
13 miles
Students:
52,000
Healthcare
Minnetonka offers excellent healthcare access, with major hospitals nearby and a high physician-to-resident ratio. Nearly 97% of residents have health insurance, ensuring that quality medical services are readily available for families and individuals alike.
Major Hospitals
Name:
Park Nicollet Methodist Hospital
Address:
6500 Excelsior Blvd, St Louis Park, MN 55426
Phone:
(952) 993-5000
Type:
General & Surgical
Emergency Services:
Yes
Name:
Fairview Southdale Hospital
Address:
6401 France Ave S, Edina, MN 55435
Phone:
(952) 924-5000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
4.1
Health Insurance Coverage:
97.4%
Health Care Index:
78.3
Housing Market
What is the housing market like in Minnetonka, MN?
The housing market in Minnetonka is strong, with a median home price of $430,000 and a high owner-occupancy rate of nearly 72%. Home values have appreciated steadily, while the rental market remains stable, making it attractive for both buyers and renters.
Median Home Price:
$430,000
Average Rent For 2 Bedroom:
$1,530
Owner Occupied Rate:
71.8%
Rental Vacancy Rate:
4.9%
Home Appreciation Rate (1yr):
5.2%
New Construction Rate:
1.3%
Foreclosure Rate:
0.3%
DMV Information
Driver and vehicle services in Minnetonka are managed by the Minnesota Department of Public Safety, located in Saint Paul. Residents can easily access licensing and registration information online or by phone, streamlining the process for newcomers.
State:
Minnesota
Department:
Minnesota Department of Public Safety – Driver and Vehicle Services
Address:
445 Minnesota St, Saint Paul, MN 55101
Phone:
651-297-2126
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.