Everything You Should Know Before Moving to Tonka Bay, MN
Thinking of moving to Tonka Bay, MN? With a population of 1,565, this lakeside community offers upscale housing (median home price: $765,000), very low crime, and highly educated neighbors—over 69% hold a bachelor’s degree or higher. Enjoy short 28-minute average commutes, excellent Minnetonka-area schools, and beautiful summers with 59% sunny days. Explore Tonka Bay’s high quality of life, scenic charm, and top-tier amenities below.
Demographics - Tonka Bay, MN
Demographics - Tonka Bay, MN
Tonka Bay is a small lakeside community of about 1,565 residents, characterized by a predominantly White population and a median age of 50, reflecting its established, family-friendly appeal. The city has a balanced gender ratio and a low proportion of non-English speakers, promoting a cohesive, close-knit atmosphere. Its moderate population density lends itself to a peaceful suburban lifestyle.
Population:
1,565
Density:
1,350 per sq mi
Median Age:
50.2
Gender Ratio:
97 males per 100 females
Non-English Speakers Percentage:
3.4%
Ethnic Composition
White:
96.5%
Black:
0.4%
Asian:
1.2%
Others:
1.9%
Cost Of Living
What is the average cost of living in Tonka Bay, MN?
Tonka Bay offers an upscale lifestyle, reflected in its median home value of $765,000 and a cost of living index well above the national average. Residents benefit from affordable utilities but should expect higher expenses for housing and everyday living. State income taxes are moderate to high, making financial planning important for newcomers.
Median House Value:
$765,000
Gross Rent:
$1,850
Monthly Electricity Charges:
$110
Auto Insurance:
$1,350
House Owner Cost With Mortgage:
$3,600
House Owner Cost Without Mortgage:
$950
State Taxes:
Low:
5.35%
|
High:
9.85%
Cost Of Living Index:
135.0
Grocery:
107.5
Housing:
172.0
Utilities:
92.0
Transportation:
102.0
Health Care:
105.0
Miscellaneous:
102.0
Crime
Is Tonka Bay, MN a safe place to live?
Safety is a hallmark of Tonka Bay, with an exceptionally low violent crime rate of just 45 incidents per 100,000 residents and a property crime rate that remains well below national averages. Residents enjoy peace of mind, with the chances of experiencing violent crime standing at roughly 1 in 2,222. This makes Tonka Bay an attractive choice for families and retirees.
Violent Crimes Per 100k:
45
Property Crimes Per 100k:
690
Crime Index:
735
Chance Of Violent Crime:
1 in 2,222
Chance Of Property Crime:
1 in 145
Weather
What is the weather like in Tonka Bay, MN year-round?
Tonka Bay experiences all four seasons, with cold, snowy winters and pleasantly warm summers reaching up to 83°F. The area receives about 32.5 inches of annual rainfall and enjoys sunshine 59% of the year. These weather patterns make it ideal for outdoor activities in the warmer months while providing a cozy winter environment.
Winter
Min:
6°F
Max:
27°F
Spring
Min:
32°F
Max:
64°F
Summer
Min:
60°F
Max:
83°F
Fall
Min:
35°F
Max:
65°F
Average Rainfall Inches:
32.5 inches
Sunny Days Percentage:
59%
Neighbors
Tonka Bay boasts a highly educated and affluent community, with a median household income of $164,200 and an impressive 69% of residents holding a bachelor’s degree or higher. The area has a very low poverty rate and unemployment, contributing to a stable, prosperous neighborhood. Most residents own their homes and enjoy a suburban lifestyle with convenient commutes averaging 28 minutes.
Median Income:
$70,000
Household Income:
$164,200
Family Income:
$185,000
Per Capita Income:
$81,500
Income Male:
$100,000
Income Female:
$73,000
Poverty Rate:
1.8%
Non English Speakers:
3.4%
Rent:
$1,850
Unemployment Rate:
2.8%
Public Transport Usage:
1.2%
Commute Time:
27.8 minutes
Education
High School or Higher:
98.7%
Bachelors or More:
69.1%
Education
How are the schools in Tonka Bay, MN?
Families in Tonka Bay have access to high-performing public schools in the Minnetonka district, such as Minnetonka High School and Deephaven Elementary, both known for strong academics and favorable student-teacher ratios. The community is also close to esteemed private schools and major colleges like Normandale Community College and the University of Minnesota. High levels of educational attainment make this city appealing for both families and lifelong learners.
Public Schools
Name:
Minnetonka High School
Street:
18301 Hwy 7, Minnetonka
Phone:
952-401-5700
Students:
3,400
Student Teacher Ratio:
17.2
Name:
Deephaven Elementary School
Street:
4452 Vine Hill Rd, Deephaven
Phone:
952-401-6900
Students:
640
Student Teacher Ratio:
15.8
Private Schools
Name:
St. Therese Catholic School
Street:
18323 Minnetonka Blvd, Deephaven
Phone:
952-473-4355
Students:
210
Colleges
Name:
Normandale Community College
City:
Bloomington
State:
MN
Distance:
15 miles
Students:
10,000
Name:
University of Minnesota - Twin Cities
City:
Minneapolis
State:
MN
Distance:
17 miles
Students:
52,000
Healthcare
Residents of Tonka Bay benefit from excellent healthcare access, with major hospitals like Lakeview and Park Nicollet Methodist Hospital nearby, both offering emergency services. The city has a high rate of health insurance coverage at 97.8% and about 3.1 physicians per 1,000 residents. Healthcare quality is strong, ensuring peace of mind for families and retirees alike.
Major Hospitals
Name:
Lakeview Hospital
Address:
920 E Lake St, Wayzata, MN 55391
Phone:
(952) 473-1321
Type:
General & Surgical
Emergency Services:
Yes
Name:
Park Nicollet Methodist Hospital
Address:
6500 Excelsior Blvd, St Louis Park, MN 55426
Phone:
(952) 993-5000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
3.1
Health Insurance Coverage:
97.8%
Health Care Index:
80.4
Housing Market
What is the housing market like in Tonka Bay, MN?
The housing market in Tonka Bay is robust, with a median home price of $765,000 and most properties being owner-occupied. Home values are appreciating steadily at a 4.2% annual rate, while rental options remain limited but in good condition. The area's high ownership rate and low foreclosure rate highlight its residential stability.
Median Home Price:
$765,000
Average Rent For 2 Bedroom:
$1,850
Owner Occupied Rate:
93.5%
Rental Vacancy Rate:
3.1%
Home Appreciation Rate (1yr):
4.2%
New Construction Rate:
1.3%
Foreclosure Rate:
0.3%
DMV Information
Tonka Bay residents are served by the Minnesota Department of Public Safety – Driver and Vehicle Services, located in nearby St. Paul. The office provides comprehensive driver licensing and vehicle registration support, with resources available both in person and online. For assistance, residents can contact the office by phone or visit the official website for up-to-date services and requirements.
State:
Minnesota
Department:
Minnesota Department of Public Safety – Driver and Vehicle Services
Address:
445 Minnesota St, St 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.