Minnetonka, Minnesota

Moving to or Living in Minnetonka Pros and Cons, Cost of Living, Crime Rate, Demographics

Living In Minnetonka, Minnesota
Moving to Minnetonka In Minnesota ? Find out the best and worst about to live, raise a family or retire in Minnetonka, the Pros and Cons of Living in Minnetonka.

Explore the life in Minnetonka based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.

  1. Overview - Life In Minnetonka
  2. Pros and Cons of Living In Minnetonka
  3. Crime In Minnetonka
  4. Cost of Living In Minnetonka
  5. Gender In Minnetonka
  6. Household Income For Minnetonka
  7. Education In Minnetonka
  8. Race & Ethnicity In Minnetonka
About Minnetonka, Minnesota
Is Minnetonka, Minnesota a good place to live?
Minnetonka is a city in Minnesota state in USA with a population of 53760 residents.. The poverty rate of Minnetonka is 3.5%, which is 75% lower than national average. The typical household in Minnetonka earns $100363 a year, compared to the national median of $67,500. Nearly 22.6% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Minnetonka, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Minnetonka remained 2.3%, which is 51% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Minnetonka, only 61% of adults have a bachelor's degree and 23% have some college but no degree.

Cost of living in Minnetonka is 121, which is 21% higher than national average. Median home value in Minnetonka is $362100 , which is 58% higher than national average. While median income in Minnetonka remained $100363, which is 49% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
53760
Unemployment
2.3%
51% NAT AVG.
Poverty
3.5%
75% NAT AVG.
Overall Score
10
Median Home
$362100
58% NAT AVG.
Median Income
$100363
49% NAT AVG.
Median Rent
$1467
26% NAT AVG.
Cost Of Living
121
21% NAT AVG.
People Living BPL
1 in 29
Unemployed People
1 in 43
People Earning < $10,000
1 in 36
People Earning < $50,000
22.6%
People with <= High School
1 in 6.3
People With Any Degree
1 in 1.5
Pros & Cons Overview

Jobs90%

Housing90%

Affordability70%

Safety85%

Amenities90%

Diversity70%

Education90%

Commute80%

Is Minnetonka, Minnesota safe place to live?
The overall crime rate in Minnetonka, Minnesota is 42% lower than national average. The violent crime rate of Minnetonka is 90% lower than national average. While the property crime rate of Minnetonka is 33% lower than national average. You have 1 in 2444 chance of being victim of violent crime. You have 1 in 75 chance of being victim of property crime.
Crime Cases
739
Violent : 22
Property : 717
Total Crime
42% NAT. AVG.
44% STATE AVG.
1354.4 (per 100k)
Violent Crime
90% NAT. AVG.
85% STATE AVG.
40.3 (per 100k)
Property Crime
33% NAT. AVG.
38% STATE AVG.
1314.1 (per 100k)
Chance Of Being A Victim Of Crime In Minnetonka
Violent crime
1 in 2444
Property crime
1 in 75
Robbery
1 in 8960
Burglary
1 in 448
Assault
1 in 5973
Car Theft
1 in 1144
Minnetonka : Property Crime Ranking
Ranking Total
Crime
Property
Crime
Burglary Larceny Car
Thefts
In Minnesota 69 68 45 69 63
In USA 1975 1849 1346 1813 1508
Minnetonka : Violent Crime Ranking
Ranking Violent
Crime
Murder Robbery Assault Rape
In Minnesota 83 23 58 84 77
In USA 2151 330 1022 2039 1571

Violent Crime


Crime Type Count Minnetonka
Minnesota
Country
Per 100,000 People
Violent Crime 22 40.3 277.48 387.8
Murder 0 0 3.36 6.5
Robbery 6 11 68.53 73.9
Assault 9 16.5 166.51 279.7
Rape 7 12.8 39.08 27.7
Property Crime


Crime Type Count Minnetonka
Minnesota
Country
Per 100,000 People
Property Crime 717 1314.1 2124.88 1,958.2
Burglary 120 219.9 307.03 314.2
Larceny 550 1008 1567.8 1,398
Car Theft 47 86.1 250.05 246
Violent Crime Comparison
Property Crime Comparison

Cost of Living
Expense Minnetonka Minnesota National Avg.
Services 109 106 100
Groceries 104 102 100
Health 100 113 100
Housing 154 101 100
Transportation 102 102 100
Utilities 98 98 100
Cost of Living
Gender
Gender Minnetonka Minnesota Country
Female 50.7% 50.2% 50.8%
Male 49.3% 49.8% 49.2%
Gender

Household Income


Income Minnetonka Minnesota Country
Less than $10,000 2.8% 4.1% 5.8%
$10,000 to $14,999 1.5% 3.4% 4.1%
$15,000 to $24,999 4.4% 7% 8.5%
$25,000 to $34,999 4.8% 7.5% 8.6%
$35,000 to $49,999 9.1% 11.5% 12.0%
$50,000 to $74,999 15% 17.4% 17.2%
$75,000 to $99,999 12.2% 14.1% 12.8%
$100,000 to $149,999 19.2% 18.3% 15.6%
$150,000 to $199,999 11.7% 8.2% 7.1%
$200,000 or more 19.3% 8.5% 8.3%
Education


Education Minnetonka Minnesota Country
< 9th Grade 2% 3% 5.0%
9-12th Grade 2% 4% 7.0%
High School or GED 12% 24% 27.0%
Other College 16% 21% 20.0%
Associate's Degree 7% 12% 9%
Bachelor's Degree 38% 24% 20.0%
Master's Degree 16% 9% 9.0%
Professional Degree 5% 2% 2.0%
Doctorate Degree 2% 1% 1.0%
Household Income
Education
Race / Ethnicity


Ethnicity Minnetonka Minnesota Country
White 83.9% 79% 60.1%
African American 4.9% 6.3% 12.2%
American Indian 0.1% 0.9% 0.6%
Asian 5.5% 4.9% 5.6%
Hawaiian 0% 0% 0.2%
Other 0% 0.3% 0.3%
Multiracial 3.5% 3.1% 2.8%
Hispanic 2% 5.5% 18.2%
Race / Ethnicity