Minnetonka Beach, MN demographics:
population, income, and more
Minnetonka Beach population
How many people live in Minnetonka Beach
Minnetonka Beach is home to 614 residents, according to the most recent Census data. Gender-wise, 49.8% of Minnetonka Beach locals are male, and 50% are female.
Age demographics
The median age in Minnetonka Beach is 50, with the population distributed as follows: about 16.4% are children under 15, then 10.2% are in the 15 to 24 age group. Adults between 25 and 44 make up 14.5% of the population, while another 32.8% fall into the 45 to 64 bracket. Finally, around 26% are 65 or older.
Racial makeup
In Minnetonka Beach, 90.4% of the population are US-born citizens, while 6.4% have gained naturalized citizenship. At the same time, 3.3% of residents are non-citizens. As for race, 88.9% of locals are Caucasian, 0.3% are African American and 5% have Asian roots. There’s also a share of 4.6% that includes residents with two or more races.
Households in Minnetonka Beach
A peek inside Minnetonka Beach households
Minnetonka Beach has 258 households, with an average of 2 members in each. Of these, 68.6% are families, while the remaining 31.4% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Minnetonka Beach
The housing landscape of Minnetonka Beach
Minnetonka Beach's housing consists of 287 units, with 72.1% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 5.9% and offer a more compact, shared living style.
The age of buildings in Minnetonka Beach
In Minnetonka Beach, the median construction year is 1983. About 9.1% of homes were built before the 1940s, with another 4.6% going up by 1949. Most development happened in the second half of the 20th century. Then, 8.7% of homes were added from 2000 to 2009, 19.6% between 2010 and 2019, and 2.1% are part of the newest wave of development.
Minnetonka Beach occupancy rates
Out of the 258 occupied housing units in Minnetonka Beach, 81.8% are owner-occupied, while 18.2% are lived in by tenants. Meanwhile, 10.1% of all homes on the local market sit vacant.
Minnetonka Beach housing costs
Housing costs in Minnetonka Beach come to a median of $2,662 per month, while tenants specifically pay a median gross rent of $1,718.
Education in Minnetonka Beach
Minnetonka Beach education at a glance
About 11.3% of the population in Minnetonka Beach went to high school, while 12.8% pursued college studies. Another 4.8% earned an associate degree and 45.2% hold a bachelor’s. Meanwhile, 25.5% went even further, earning a master’s or doctorate.
Income in Minnetonka Beach
How much people earn in Minnetonka Beach
The average annual household income in Minnetonka Beach was $285,156 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -32.7% change from the previous year. At the same time, the median income stood at $174,301, reflecting a -30.3% shift over the same period.
Minnetonka Beach income by age
In Minnetonka Beach, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $177,127. Those with someone between 45 and 64 in charge, often well established professionally, earn $241,058 overall. Overall, 94.9% of the locals in this community live above the poverty line.
Average renter income in Minnetonka Beach
To get a better sense of what renters earn on average in Minnetonka Beach, their median household income was $57,083 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 36.1%, shows what portion of their earnings goes toward housing expenses.
Employment in Minnetonka Beach
Workforce and job types in Minnetonka Beach
92.3% of the working population are employed in professional or administrative positions, while 7.7% are in hands-on or service-based jobs. Also, 20.1% run their own businesses, 65.8% are employed by private companies, and 7% work in the public sector.
Workforce demographics
Transportation in Minnetonka Beach
How people get around in Minnetonka Beach
In Minnetonka Beach, the average commute time is 1 minutes. Commuting methods vary: 95.7% of residents travel by personal vehicle and 2.7% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Minnetonka Beach by zipcode?
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FAQs about Minnetonka Beach demographics
What is the total population of Minnetonka Beach?
What is the gender ratio in Minnetonka Beach?
- 49.8% males (306 residents)
- 50% females (307 residents)
What is the median age in Minnetonka Beach?
What is the age distribution of the population in Minnetonka Beach?
- Under 15: 16.4% (101 residents)
- Ages 15-24: 10.2% (63 residents)
- Ages 25-44: 14.5% (89 residents)
- Ages 45-64: 32.8% (202 residents)
- Over 65: 26% (160 residents)
What is the racial and ethnic makeup of Minnetonka Beach?
- White: 88.9% (546 residents)
- Black or African American: 0.3% (2 residents)
- American Indian and Alaska Native: 0.2% (1 residents)
- Asian: 5% (31 residents)
- Native Hawaiian and Other Pacific Islander: 0% ( residents)
- Two or More Races: 4.6% (28 residents)
- Other: 1% (6 residents)
What percentage of the population in Minnetonka Beach are U.S.-born citizens?
How many housing units are there in Minnetonka Beach?
How many households are in Minnetonka Beach and what is the average household size?
What is the median household income in Minnetonka Beach?
What is the job market overview for Minnetonka Beach?
Job types:
- White-collar workers: 92.3% (263 residents)
- Blue-collar workers: 7.7% (22 residents)
Places of employment:
- Self-employed: 20.1% (57 residents)
- Private companies: 65.8% (187 residents)
- Governmental workers: 7% (20 residents)
- Not-for-profit companies: 7% (20 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.