Minnetonka Beach city, Minnesota Demographics & Population 2026
As of 2026, Minnetonka Beach city, Minnesota has a total population of 410, the 555th largest city in Minnesota, with a median household income of $250,001, which is 186% higher than the state average. The poverty rate is 0.7%.
Key Takeaways
- Household income is 186% above the state average — one of the wealthiest communities in Minnesota.
- An exceptionally low poverty rate of 0.7% — among the lowest in Minnesota.
- 74.8% of adults hold a bachelor's degree or higher — top 10% in Minnesota.
- Housing affordability is a challenge — homes cost 8.0x the median household income.
- Near full employment with an unemployment rate of just 0.5%.
Minnetonka Beach city Quick Facts
How Minnetonka Beach city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Minnetonka Beach city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Hennepin County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Minneapolis city | 426,845 | $80,269 | 16.4% | $345,600 |
| Bloomington city | 88,838 | $90,677 | 9.1% | $346,200 |
| Brooklyn Park city | 84,349 | $85,964 | 10.3% | $313,500 |
| Plymouth city | 79,526 | $133,865 | 4.1% | $474,700 |
| Maple Grove city | 70,539 | $129,481 | 3.9% | $397,400 |
| Eden Prairie city | 63,249 | $127,732 | 6.0% | $463,300 |
| Minnetonka city | 53,256 | $120,496 | 4.8% | $456,200 |
| Edina city | 53,125 | $129,225 | 4.4% | $624,000 |
| St. Louis Park city | 49,541 | $100,250 | 7.3% | $371,600 |
| Richfield city | 36,725 | $84,055 | 7.3% | $320,400 |
Cities Similar to Minnetonka Beach city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Crown College CDP | 426 | N/A | N/A | N/A | 0.0% |
| Pine Springs city | 412 | $167,750 | $613,600 | 63.0% | 2.4% |
| Marion CDP | 308 | N/A | $235,800 | 26.2% | 9.7% |
| Woodland city | 505 | $189,107 | $1,220,600 | 84.4% | 1.8% |
| Sunfish Lake city | 594 | $250,001 | $1,109,000 | 76.9% | 0.5% |
Population Overview
Minnetonka Beach city is a small community located in Minnesota, within Hennepin County. The total population is 410. It ranks as the 555th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Minnetonka Beach city is 49.1 years. This is 27% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Minnetonka Beach city is $250,001. This is 186% higher than the state median of $87,556. Compared to the national median of $78,538, household income here is 218% higher. The poverty rate stands at 0.7%. This is 92% lower than the state poverty rate of 9.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.5%. This is 87% lower than the state rate of 3.9%. The median home value is $2,000,001. Housing costs are 555% higher than the state median of $305,500. The home-value-to-income ratio of 8.0x suggests that housing affordability is a significant concern for many residents. 95.0% of occupied housing units are owner-occupied. This homeownership rate is 31% higher than the state average of 72.4%.
Race & Ethnicity
Minnetonka Beach city has a predominantly White (non-Hispanic) population, comprising 96.6% of all residents. Hispanic or Latino residents account for 3.4%.
Education
74.8% of residents aged 25 and older hold a bachelor's degree or higher. This places Minnetonka Beach city in the top 10% of all cities in the state for educational attainment. This is 93% higher than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.2%. Notably, 27.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Minnetonka Beach city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Minnetonka Beach city, Minnesota?
Minnetonka Beach city, Minnesota has a population of 410 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Minnetonka Beach city, MN?
The median household income in Minnetonka Beach city is $250,001, which is 218% higher the national median of $78,538.
What is the poverty rate in Minnetonka Beach city, MN?
The poverty rate in Minnetonka Beach city is 0.7%. This means approximately 3 residents live below the federal poverty line.
What is the racial makeup of Minnetonka Beach city, Minnesota?
Minnetonka Beach city's population is 96.6% White, 0.0% Black, 3.4% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Minnetonka Beach city, MN?
The median home value in Minnetonka Beach city is $2,000,001. The home-value-to-income ratio is 8.0x.
How educated is Minnetonka Beach city, Minnesota?
74.8% of adults (25+) in Minnetonka Beach city hold a bachelor's degree or higher, and 27.0% hold a graduate or professional degree.