Minnetonka Beach, MN

Full City Profile · Minnesota · Carver County County

4.0 /5.0
A Great
410 Population
$250,001 Median Income $165,622 per capita
$2,000,001 Home Value $2,287,078 Zillow
47°F Avg Temperature
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$250,001 median income, 0.5% unemployment
C
Affordability
2.1 / 5.0
$2,000,001 home value, /mo rent
A+
Education
5.0 / 5.0
74.8% bachelor's degree or higher

Minnetonka Beach, MN

At a Glance

Median Income
$250,001
233% above
$165,622 per capita
Home Value
$2,000,001
609% above
Zillow: $2,287,078
Bachelor's Degree+
74.8%
122% above
98.2% high school+
Unemployment
0.5%
86% below
0.0% poverty rate
Obesity Rate
27.5%
14% below
13.0% smoking rate
Avg Temperature
47°F

How Minnetonka Beach Compares to the U.S. Average

Each bar shows Minnetonka Beach's value as a percentage of the national average (100% = U.S. avg)

Income
333%
Home Value
709%
Poverty
0%
Bachelor's
222%
Unemployment
14%
Thin vertical line = U.S. national average (100%)

Is Minnetonka Beach a Good Place to Live?

A
4.0 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Minnetonka Beach residents earn a median household income of $250,001 , which is 233% above the national average of $75,149. Per capita income is $165,622. The unemployment rate stands at 0.5% (86% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 2,874 business establishments, including 188 restaurants.

Housing & Cost of Living

The median home value in Minnetonka Beach is $2,000,001 , 609% above the national median of $281,900. Zillow estimates the typical home at $2,287,078. The cost of living index is 98.6 (100 = national average). The median home was built in 1982.

Education

74.8% of adults in Minnetonka Beach hold a bachelor's degree or higher (122% above the national average). 98.2% have completed high school. Local schools score 7.2/10 in standardized testing.

Climate & Weather

Minnetonka Beach has an average annual temperature of 47°F (8°C). Winters average 16°F in January while summers reach 74°F in July. Annual precipitation totals 30.6 inches.

Data Overview

People

Population410
Median Age49.1 yrs
Male / Female51% / 49%
Foreign Born2.0%
Veterans6.3%

Economy

A+
Median Income$250,001
Per Capita$165,622
Unemployment0.5%
Poverty0.0%
County GDP$7,614M
Avg Weekly Wage$1,297

Housing

C
Home Value$2,000,001
Rent
Ownership95.0%
Zillow$2,287,078
Housing Units194
Rent Burden27.6%

Health

Obesity27.5%
Diabetes7.0%
Smoking13.0%
Heart Disease4.9%
Premature Death3,990/100K

Climate

Avg Temp47°F
Rain30.6 in/yr
Elevation960 ft

Education

A+
Bachelor's+74.8%
High School+98.2%
Graduate+30.2%
School Score7.2/10

Community

2024 VoteR 52% / D 46%
Commute25 min
Broadband89.4%
Internet Speed126 Mbps
EV Stations1
Libraries7

Did You Know?

The median home in Minnetonka Beach was built in 1982.
30.1% work from home.
The nearest airport is Minneapolis-St Paul International/Wold-Chamberlain (18 miles).
The Gini coefficient (income inequality) is 0.415 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
10.0% of the population has a disability.
Average internet download speed is 126 Mbps.
There are 188 restaurants in the area.
The county recorded 9 fatal vehicle crashes.