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Minnetonka Beach, MN

Full City Profile · Minnesota · Carver County County

3.3 /5.0
B Good
410 Population
$250,001 Median Income $165,622 per capita
$2,000,001 Home Value $2,227,344 Zillow
45°F Avg Temperature 270 sunny days/yr
23 Violent Crime/100K 864 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$250,001 median income, 0.3% unemployment
C
Affordability
2.1 / 5.0
$2,000,001 home value, /mo rent
F
Safety
1.0 / 5.0
23 violent crimes/100K
A+
Education
5.0 / 5.0
74.8% bachelor's degree or higher

Income Overview

Median Household Income
$250,001
233% above
US avg: $75,149
Per Capita Income
$165,622
324% above
US avg: $39,052
Unemployment Rate
0.3%
92% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%

Income Comparison: Minnetonka Beach vs. U.S. Average

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

Median Household
US: $75,149
$250,001
333%
Per Capita
US: $39,052
$165,622
424%
IRS Avg AGI
US: $72,000
$131,468
183%
Avg Weekly Wage
US: $1,432
$1,297
91%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,297
9% below US avg ($1,432)
Mean Commute Time
25 min
9% below US avg (28 min)
Work From Home
30.1%
98% above US avg (15.2%)
Drive Alone
59.1%
19% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$7,614M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 59.1%
Public Transit 0%
Work From Home 30.1%
Other 10.8%
Average commute time
25 minutes
US avg: 28 min

Business Landscape

Total Establishments
2,874
Restaurants
188
Healthcare
268
Retail
232
Manufacturing
153

Tax & Financial

IRS Avg Adjusted Gross Income
$131,468
83% above US avg ($72,000)
Avg Property Tax
$6,648
90% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$250,001
Per Capita Income$165,622
IRS Avg Adjusted Gross Income$131,468
Avg Weekly Wage$1,297
County GDP$7,614M

Hardship Indicators

Unemployment Rate0.3%
Poverty Rate0.0%
Gini Coefficient0.415
Cost of Living Index98.6

Commute

Mean Commute25 minutes
Drive Alone59.1%
Public Transit0.0%
Work From Home30.1%

Businesses

Total Establishments2,874
Restaurants188
Healthcare268
Retail232
Manufacturing153

Tax

IRS Avg AGI$131,468
Avg Property Tax$6,648