Tonka Bay, MN
Full City Profile · Minnesota · Carver County County
4.1
/5.0
A
Great
1,361
Population
1,448/sq mi density
$151,563
Median Income
$133,352 per capita
$869,900
Home Value
$1,129,962 Zillow
$2,299
Median Rent
19.6% income on rent
47°F
Avg Temperature
A
Overall
4.1 / 5.0
Strong
B+
Economy
3.9 / 5.0
$151,563 median income, 9.1% unemployment
B
Affordability
3.4 / 5.0
$869,900 home value, $2,299/mo rent
A+
Education
5.0 / 5.0
64.8% bachelor's degree or higher
Income Overview
Median Household Income
$151,563
102% above
US avg: $75,149
Per Capita Income
$133,352
241% above
US avg: $39,052
Unemployment Rate
9.1%
153% above
US avg: 3.6%
Poverty Rate
1.1%
91% below
US avg: 12.4%
Income Comparison: Tonka Bay vs. U.S. Average
Each bar shows Tonka Bay’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$151,563
202%
Per Capita
US: $39,052
$133,352
341%
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
26 min
5% below US avg (28 min)
Work From Home
34.4%
126% above US avg (15.2%)
Drive Alone
58.7%
20% below US avg (73.2%)
Public Transit
2.4%
52% below US avg (5.0%)
County GDP
$7,614M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
58.7%
Public Transit
2.4%
Work From Home
34.4%
Other
4.5%
Average commute time
26 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 | $151,563 |
| Per Capita Income | $133,352 |
| IRS Avg Adjusted Gross Income | $131,468 |
| Avg Weekly Wage | $1,297 |
| County GDP | $7,614M |
Hardship Indicators
| Unemployment Rate | 9.1% |
| Poverty Rate | 1.1% |
| Gini Coefficient | 0.415 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 26 minutes |
| Drive Alone | 58.7% |
| Public Transit | 2.4% |
| Work From Home | 34.4% |
Businesses
| Total Establishments | 2,874 |
| Restaurants | 188 |
| Healthcare | 268 |
| Retail | 232 |
| Manufacturing | 153 |
Tax
| IRS Avg AGI | $131,468 |
| Avg Property Tax | $6,648 |