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Village of Minnetonka Beach, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
469
Population
$250,001
Median Income
$2,000,001
Home Value
49.8
Median Age

Demographics

Village of Minnetonka Beach has a population of 469 with a median age of 49.8. Here is the racial and ethnic breakdown of the population:

White
98.9%
Asian
0.6%
Demographic Value
Total Population469
Median Age49.8
White98.9%
Asian0.6%
Hispanic or Latino0.4%
Village of Minnetonka Beach, Minnesota — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 99.0%Other: 1.0%469PopulationWhiteWhite99.0%OtherOther1.0%

Income & Economy

The median household income in Village of Minnetonka Beach is $250,001, which is 210.1% above the national median of $80,610. The per capita income is $151,661. The poverty rate is 1.5%.

$250,001
Median Household Income
$151,661
Per Capita Income
1.5%
Poverty Rate

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Education

In Village of Minnetonka Beach, 98.2% of residents age 25+ have a high school diploma or higher, and 78.5% hold a bachelor's degree or higher (31.2% with a graduate or professional degree).

HS Diploma+
98.2%
Bachelor's+
78.5%
Graduate+
31.2%
Education Level % of Adults (25+)
High School Diploma or Higher98.2%
Bachelor's Degree or Higher78.5%
Graduate or Professional Degree31.2%

Housing

The median home value in Village of Minnetonka Beach is $2,000,001, above the national median of $303,400. The homeownership rate is 96.7%.

$2,000,001
Median Home Value
96.7%
Homeownership Rate
Housing Metric Value
Median Home Value$2,000,001
Homeownership Rate96.7%
Vacancy Rate7.1%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Village of Minnetonka Beach, Minnesota?
The population of Village of Minnetonka Beach, Minnesota is 469 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Village of Minnetonka Beach, Minnesota?
The median household income in Village of Minnetonka Beach, Minnesota is $250,001. This is 210.1% above the national median of $80,610.
What is the median home value in Village of Minnetonka Beach, Minnesota?
The median home value in Village of Minnetonka Beach, Minnesota is $2,000,001.
What percentage of people in Village of Minnetonka Beach have a college degree?
In Village of Minnetonka Beach, Minnesota, 78.5% of adults age 25 and older hold a bachelor's degree or higher, and 98.2% have a high school diploma or higher.
Is Village of Minnetonka Beach, Minnesota an affordable place to live?
The home price-to-income ratio in Village of Minnetonka Beach, Minnesota is 8.0x (median home value $2,000,001 vs. median income $250,001), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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