The median household income in Minnetonka, MN in 2022 was $110,902, which was 25.8% greater than the median annual income of $82,338 across the entire state of Minnesota. Compared to the median income of $69,979 in 2000 this represents an increase of 36.9%. The per capita income in 2022 was $70,052, which means an increase of 42.3% compared to 2000 when it was $40,410.
Whole page based on the data from 2000 / 2022 when the population of Minnetonka, Minnesota was 51,301 / 53,080
Income statistics for all residents
Median household income in Minnetonka, MN in 2022:
Minnetonka:
$110,902
Minnesota:
$82,338
Change in median household income between 2000 and 2022:
Minnetonka, Minnesota:
+58.5%
Minnesota:
+74.8%
Number of households with income < $10k:
Minnetonka:
3.0% (720)
State:
4.3% (100,518)
Number of households with income $10k - 20k:
Minnetonka:
3.2% (755)
Minnesota:
5.6% (130,945)
Number of households with income $20k - 30k:
Minnetonka:
4.0% (954)
State:
6.1% (140,637)
Number of households with income $30k - 40k:
Minnetonka:
4.6% (1,104)
State:
6.5% (151,862)
Number of households with income $40k - 50k:
Minnetonka:
5.1% (1,218)
State:
6.7% (154,930)
Number of households with income $50k - 60k:
Minnetonka:
4.6% (1,103)
State:
6.9% (159,181)
Number of households with income $60k - 75k:
Minnetonka:
7.7% (1,845)
State:
9.4% (218,220)
Number of households with income $75k - 100k:
Minnetonka:
11.9% (2,839)
State:
13.8% (319,951)
Number of households with income $100k - 125k:
Minnetonka:
10.9% (2,594)
State:
10.8% (251,243)
Number of households with income $125k - 150k:
Minnetonka:
8.2% (1,947)
State:
8.2% (190,349)
Number of households with income $150k - 200k:
Minnetonka:
14.3% (3,412)
State:
10.2% (236,018)
Number of households with income > $200k:
Minnetonka:
22.5% (5,354)
State:
11.6% (268,336)
Aggregate household income in Minnetonka in 2022: $3,683,245,943
Median family income in Minnetonka in 2022:
Minnetonka:
$149,247
State:
$105,324
Number of families with income < $10k:
Minnetonka:
0.5% (78)
State:
2.2% (31,728)
Number of families with income $10k - 20k:
Minnetonka:
1.9% (267)
Minnesota:
2.5% (36,635)
Number of families with income $20k - 30k:
Minnetonka:
1.9% (269)
State:
3.5% (50,742)
Number of families with income $30k - 40k:
Minnetonka:
1.9% (267)
Minnesota:
4.4% (64,281)
Number of families with income $40k - 50k:
Minnetonka:
3.4% (481)
State:
5.2% (76,436)
Number of families with income $50k - 60k:
Minnetonka:
3.1% (446)
State:
5.7% (83,050)
Number of families with income $60k - 75k:
Minnetonka:
6.9% (990)
State:
8.8% (127,783)
Number of families with income $75k - 100k:
Minnetonka:
9.4% (1,335)
Minnesota:
14.7% (214,426)
Number of families with income $100k - 125k:
Minnetonka:
12.0% (1,708)
Minnesota:
13.1% (190,094)
Number of families with income $125k - 150k:
Minnetonka:
9.0% (1,289)
State:
10.3% (149,830)
Number of families with income $150k - 200k:
Minnetonka:
18.5% (2,630)
State:
13.6% (197,479)
Number of families with income > $200k:
Minnetonka:
31.5% (4,497)
Minnesota:
16.1% (233,828)
Median non-family income in Minnetonka in 2022:
Minnetonka:
$70,141
State:
$48,461
Change in median non-family income between 2000 and 2022:
Minnetonka, Minnesota:
+67.5%
Minnesota:
+73.6%
Median per capita income in Minnetonka in 2022:
Minnetonka:
$70,053
State:
$45,021
Change in median per capita income between 2000 and 2022:
Minnetonka, Minnesota:
+73.4%
State:
+94.1%
Income statistics for White residents
Median household income in Minnetonka, MN in 2022:
Minnetonka:
$115,439
State:
$85,697
Change in median household income between 2000 and 2022:
Minnetonka, Minnesota:
+63.9%
State:
+77.5%
Number of households with income < $10k:
Minnetonka:
3.7% (755)
Minnesota:
3.9% (74,145)
Number of households with income $10k - 20k:
Minnetonka:
2.9% (600)
Minnesota:
5.1% (97,289)
Number of households with income $20k - 30k:
Minnetonka:
3.7% (769)
Minnesota:
5.8% (111,536)
Number of households with income $30k - 40k:
Minnetonka:
4.5% (921)
State:
6.2% (118,402)
Number of households with income $40k - 50k:
Minnetonka:
5.1% (1,056)
Minnesota:
6.6% (126,331)
Number of households with income $50k - 60k:
Minnetonka:
4.7% (970)
Minnesota:
6.8% (129,961)
Number of households with income $60k - 75k:
Minnetonka:
7.4% (1,528)
State:
9.4% (181,337)
Number of households with income $75k - 100k:
Minnetonka:
11.5% (2,380)
State:
13.8% (265,776)
Number of households with income $100k - 125k:
Minnetonka:
10.3% (2,122)
State:
11.2% (214,803)
Number of households with income $125k - 150k:
Minnetonka:
8.3% (1,712)
State:
8.6% (164,715)
Number of households with income $150k - 200k:
Minnetonka:
14.6% (3,005)
Minnesota:
10.6% (203,283)
Number of households with income > $200k:
Minnetonka:
23.3% (4,811)
State:
12.2% (233,694)
Aggregate household income in Minnetonka in 2022: $3,249,349,127
Median family income in Minnetonka in 2022:
Minnetonka:
$154,806
Minnesota:
$110,049
Number of families with income < $10k:
Minnetonka:
0.5% (55)
State:
1.5% (17,407)
Number of families with income $10k - 20k:
Minnetonka:
1.3% (151)
Minnesota:
1.9% (22,955)
Number of families with income $20k - 30k:
Minnetonka:
1.3% (151)
Minnesota:
2.9% (34,913)
Number of families with income $30k - 40k:
Minnetonka:
1.2% (146)
Minnesota:
3.7% (44,598)
Number of families with income $40k - 50k:
Minnetonka:
3.1% (369)
State:
4.9% (58,683)
Number of families with income $50k - 60k:
Minnetonka:
3.4% (408)
State:
5.4% (64,644)
Number of families with income $60k - 75k:
Minnetonka:
5.6% (667)
State:
8.9% (105,839)
Number of families with income $75k - 100k:
Minnetonka:
9.0% (1,070)
State:
14.8% (177,106)
Number of families with income $100k - 125k:
Minnetonka:
12.2% (1,450)
State:
13.6% (162,292)
Number of families with income $125k - 150k:
Minnetonka:
9.3% (1,112)
State:
10.9% (130,417)
Number of families with income $150k - 200k:
Minnetonka:
19.8% (2,354)
State:
14.3% (171,257)
Number of families with income > $200k:
Minnetonka:
33.3% (3,961)
State:
17.1% (204,721)
Median non-family income in Minnetonka in 2022:
Minnetonka:
$67,706
State:
$49,920
Change in median non-family income between 2000 and 2022:
Minnetonka, Minnesota:
+62.4%
Minnesota:
+76.0%
Median per capita income in Minnetonka in 2022:
Minnetonka:
$75,412
Minnesota:
$49,507
Change in median per capita income between 2000 and 2022:
Minnetonka, Minnesota:
+82.8%
State:
+103.3%
Income statistics for Black or African American residents
Median household income in Minnetonka, MN in 2022:
Minnetonka:
$70,462
Minnesota:
$51,320
Change in median household income between 2000 and 2022:
Minnetonka, Minnesota:
+86.3%
State:
+77.4%
Number of households with income < $10k:
Minnetonka:
0.0% (0)
Minnesota:
9.8% (13,122)
Number of households with income $10k - 20k:
Minnetonka:
5.3% (45)
Minnesota:
12.0% (16,076)
Number of households with income $20k - 30k:
Minnetonka:
14.4% (122)
State:
8.9% (11,986)
Number of households with income $30k - 40k:
Minnetonka:
3.8% (32)
State:
9.8% (13,064)
Number of households with income $40k - 50k:
Minnetonka:
1.9% (16)
State:
7.8% (10,426)
Number of households with income $50k - 60k:
Minnetonka:
1.7% (14)
Minnesota:
8.4% (11,191)
Number of households with income $60k - 75k:
Minnetonka:
34.3% (291)
Minnesota:
9.5% (12,717)
Number of households with income $75k - 100k:
Minnetonka:
22.5% (191)
State:
11.0% (14,800)
Number of households with income $100k - 125k:
Minnetonka:
1.1% (9)
State:
7.5% (10,088)
Number of households with income $125k - 150k:
Minnetonka:
5.7% (48)
Minnesota:
4.7% (6,321)
Number of households with income $150k - 200k:
Minnetonka:
4.7% (40)
State:
6.1% (8,240)
Number of households with income > $200k:
Minnetonka:
4.7% (40)
Minnesota:
4.4% (5,958)
Aggregate household income in Minnetonka in 2022: $69,151,699
Median family income in Minnetonka in 2022:
Minnetonka:
$67,834
Minnesota:
$61,475
Number of families with income $10k - 20k:
Minnetonka:
9.8% (61)
State:
7.0% (5,667)
Number of families with income $20k - 30k:
Minnetonka:
14.8% (92)
State:
8.2% (6,632)
Number of families with income $30k - 40k:
Minnetonka:
3.1% (20)
State:
9.4% (7,539)
Number of families with income $40k - 50k:
Minnetonka:
4.7% (29)
State:
7.9% (6,354)
Number of families with income $60k - 75k:
Minnetonka:
36.7% (229)
State:
9.4% (7,570)
Number of families with income $75k - 100k:
Minnetonka:
11.7% (73)
State:
12.0% (9,645)
Number of families with income $125k - 150k:
Minnetonka:
6.0% (38)
State:
6.3% (5,073)
Number of families with income $150k - 200k:
Minnetonka:
6.2% (39)
State:
6.8% (5,454)
Number of families with income > $200k:
Minnetonka:
6.9% (43)
State:
6.0% (4,815)
Median non-family income in Minnetonka in 2022:
Minnetonka:
$80,420
Minnesota:
$34,487
Change in median non-family income between 2000 and 2022:
Minnetonka, Minnesota:
+126.7%
Minnesota:
+60.8%
Median per capita income in Minnetonka in 2022:
Minnetonka:
$37,322
State:
$25,146
Change in median per capita income between 2000 and 2022:
Minnetonka, Minnesota:
+55.8%
State:
+83.0%
Income statistics for Asian residents
Median household income in Minnetonka, MN in 2022:
Minnetonka:
$107,158
State:
$93,773
Change in median household income between 2000 and 2022:
Minnetonka, Minnesota:
+42.0%
Minnesota:
+106.0%
Number of households with income < $10k:
Minnetonka:
0.0% (0)
State:
4.2% (3,886)
Number of households with income $10k - 20k:
Minnetonka:
2.2% (29)
State:
4.1% (3,821)
Number of households with income $20k - 30k:
Minnetonka:
2.5% (32)
State:
3.8% (3,485)
Number of households with income $30k - 40k:
Minnetonka:
2.9% (38)
State:
5.0% (4,620)
Number of households with income $40k - 50k:
Minnetonka:
3.8% (49)
State:
6.0% (5,609)
Number of households with income $50k - 60k:
Minnetonka:
5.7% (74)
State:
5.4% (4,977)
Number of households with income $60k - 75k:
Minnetonka:
0.0% (0)
State:
9.3% (8,666)
Number of households with income $75k - 100k:
Minnetonka:
14.9% (194)
State:
15.6% (14,466)
Number of households with income $100k - 125k:
Minnetonka:
27.4% (356)
State:
10.7% (9,893)
Number of households with income $125k - 150k:
Minnetonka:
10.0% (130)
State:
9.3% (8,600)
Number of households with income $150k - 200k:
Minnetonka:
12.5% (163)
State:
12.6% (11,662)
Number of households with income > $200k:
Minnetonka:
18.1% (236)
Minnesota:
14.2% (13,207)
Aggregate household income in Minnetonka in 2022: $193,437,396
Median family income in Minnetonka in 2022:
Minnetonka:
$115,331
State:
$105,412
Number of families with income $10k - 20k:
Minnetonka:
1.3% (14)
State:
3.1% (2,124)
Number of families with income $30k - 40k:
Minnetonka:
2.2% (23)
State:
5.4% (3,668)
Number of families with income $40k - 50k:
Minnetonka:
5.3% (55)
State:
4.8% (3,312)
Number of families with income $50k - 60k:
Minnetonka:
5.9% (61)
Minnesota:
5.0% (3,388)
Number of families with income $60k - 75k:
Minnetonka:
9.6% (99)
State:
8.6% (5,887)
Number of families with income $75k - 100k:
Minnetonka:
11.9% (123)
State:
13.9% (9,500)
Number of families with income $100k - 125k:
Minnetonka:
16.1% (167)
State:
11.4% (7,777)
Number of families with income $125k - 150k:
Minnetonka:
9.4% (97)
State:
9.8% (6,734)
Number of families with income $150k - 200k:
Minnetonka:
15.4% (160)
Minnesota:
14.4% (9,877)
Number of families with income > $200k:
Minnetonka:
23.0% (238)
State:
17.1% (11,714)
Median non-family income in Minnetonka in 2022:
Minnetonka:
$87,060
State:
$58,400
Change in median non-family income between 2000 and 2022:
Minnetonka, Minnesota:
+41.3%
State:
+115.0%
Median per capita income in Minnetonka in 2022:
Minnetonka:
$57,873
State:
$39,496
Change in median per capita income between 2000 and 2022:
Minnetonka, Minnesota:
+80.7%
Minnesota:
+156.7%
Income statistics for Hispanic or Latino residents
Median household income in Minnetonka, MN in 2022:
Minnetonka:
$106,510
Minnesota:
$63,399
Change in median household income between 2000 and 2022:
Minnetonka, Minnesota:
+32.2%
State:
+76.4%
Number of households with income < $10k:
Minnetonka:
1.0% (5)
Minnesota:
4.0% (3,834)
Number of households with income $10k - 20k:
Minnetonka:
5.0% (24)
Minnesota:
6.1% (5,874)
Number of households with income $20k - 30k:
Minnetonka:
0.0% (0)
State:
9.9% (9,526)
Number of households with income $30k - 40k:
Minnetonka:
17.0% (82)
Minnesota:
10.1% (9,710)
Number of households with income $40k - 50k:
Minnetonka:
10.6% (51)
Minnesota:
8.0% (7,724)
Number of households with income $50k - 60k:
Minnetonka:
0.4% (2)
State:
9.6% (9,248)
Number of households with income $60k - 75k:
Minnetonka:
7.0% (34)
State:
10.8% (10,444)
Number of households with income $75k - 100k:
Minnetonka:
3.5% (17)
State:
15.0% (14,464)
Number of households with income $100k - 125k:
Minnetonka:
11.0% (53)
Minnesota:
7.6% (7,348)
Number of households with income $125k - 150k:
Minnetonka:
1.2% (6)
Minnesota:
5.1% (4,890)
Number of households with income $150k - 200k:
Minnetonka:
17.4% (84)
State:
6.5% (6,257)
Number of households with income > $200k:
Minnetonka:
25.9% (125)
State:
7.3% (7,057)
Aggregate household income in Minnetonka in 2022: $129,547,074
Median family income in Minnetonka in 2022:
Minnetonka:
$116,747
State:
$67,562
Number of families with income $10k - 20k:
Minnetonka:
11.3% (36)
Minnesota:
4.1% (2,790)
Number of families with income $30k - 40k:
Minnetonka:
23.0% (73)
State:
8.3% (5,564)
Number of families with income $50k - 60k:
Minnetonka:
0.5% (2)
Minnesota:
9.2% (6,189)
Number of families with income $60k - 75k:
Minnetonka:
6.2% (20)
State:
9.5% (6,388)
Number of families with income $75k - 100k:
Minnetonka:
1.8% (6)
State:
16.7% (11,230)
Number of families with income $100k - 125k:
Minnetonka:
14.4% (45)
State:
7.4% (4,975)
Number of families with income $150k - 200k:
Minnetonka:
4.7% (15)
State:
8.6% (5,795)
Number of families with income > $200k:
Minnetonka:
38.0% (120)
State:
7.9% (5,338)
Median per capita income in Minnetonka in 2022:
Minnetonka:
$94,848
Minnesota:
$27,748
Income statistics for American Indian and Alaska Native residents
Aggregate household income in Minnetonka in 2022: $4,430,385
Median per capita income in Minnetonka in 2022:
Minnetonka:
$42,710
State:
$24,180
Income statistics for Multirace residents
Median household income in Minnetonka, MN in 2022:
Minnetonka:
$120,107
State:
$74,586
Change in median household income between 2000 and 2022:
Minnetonka, Minnesota:
+72.3%
State:
+117.9%
Number of households with income < $10k:
Minnetonka:
0.0% (0)
Minnesota:
4.8% (5,071)
Number of households with income $10k - 20k:
Minnetonka:
2.0% (15)
Minnesota:
7.2% (7,697)
Number of households with income $20k - 30k:
Minnetonka:
0.0% (0)
Minnesota:
8.0% (8,495)
Number of households with income $30k - 40k:
Minnetonka:
20.0% (148)
State:
8.9% (9,445)
Number of households with income $40k - 50k:
Minnetonka:
7.0% (52)
Minnesota:
6.3% (6,680)
Number of households with income $50k - 60k:
Minnetonka:
2.7% (20)
State:
6.7% (7,171)
Number of households with income $60k - 75k:
Minnetonka:
4.7% (35)
State:
8.4% (8,916)
Number of households with income $75k - 100k:
Minnetonka:
5.4% (40)
State:
13.8% (14,719)
Number of households with income $100k - 125k:
Minnetonka:
9.5% (70)
State:
10.0% (10,590)
Number of households with income $125k - 150k:
Minnetonka:
4.5% (33)
Minnesota:
7.3% (7,720)
Number of households with income $150k - 200k:
Minnetonka:
15.8% (117)
Minnesota:
8.2% (8,751)
Number of households with income > $200k:
Minnetonka:
28.3% (209)
State:
10.5% (11,170)
Aggregate household income in Minnetonka in 2022: $119,018,837
Median family income in Minnetonka in 2022:
Minnetonka:
$107,595
State:
$91,504
Number of families with income $30k - 40k:
Minnetonka:
28.6% (148)
State:
7.5% (4,853)
Number of families with income $40k - 50k:
Minnetonka:
5.7% (30)
Minnesota:
5.9% (3,846)
Number of families with income $60k - 75k:
Minnetonka:
2.3% (12)
State:
7.0% (4,538)
Number of families with income $75k - 100k:
Minnetonka:
7.3% (38)
State:
15.0% (9,721)
Number of families with income $100k - 125k:
Minnetonka:
13.0% (67)
State:
11.5% (7,416)
Number of families with income $125k - 150k:
Minnetonka:
6.6% (34)
Minnesota:
8.4% (5,428)
Number of families with income $150k - 200k:
Minnetonka:
1.6% (8)
Minnesota:
11.1% (7,156)
Number of families with income > $200k:
Minnetonka:
34.9% (180)
State:
14.0% (9,072)
Median non-family income in Minnetonka in 2022:
Minnetonka:
$134,658
State:
$46,898
Change in median non-family income between 2000 and 2022:
Minnetonka, Minnesota:
+137.8%
State:
+90.3%
Median per capita income in Minnetonka in 2022:
Minnetonka:
$37,341
State:
$28,529
Change in median per capita income between 2000 and 2022:
Minnetonka, Minnesota:
+143.9%
Minnesota:
+155.0%
Income statistics for other residents
Number of households with income < $10k:
Minnetonka:
0.0% (0)
Minnesota:
5.5% (2,716)
Number of households with income $10k - 20k:
Minnetonka:
36.4% (48)
State:
6.3% (3,106)
Number of households with income $20k - 30k:
Minnetonka:
0.0% (0)
Minnesota:
6.7% (3,298)
Number of households with income $30k - 40k:
Minnetonka:
0.0% (0)
State:
9.2% (4,529)
Number of households with income $40k - 50k:
Minnetonka:
23.5% (31)
Minnesota:
8.6% (4,198)
Number of households with income $50k - 60k:
Minnetonka:
0.0% (0)
State:
9.2% (4,519)
Number of households with income $60k - 75k:
Minnetonka:
0.0% (0)
Minnesota:
10.8% (5,300)
Number of households with income $75k - 100k:
Minnetonka:
10.6% (14)
Minnesota:
15.9% (7,771)
Number of households with income $100k - 125k:
Minnetonka:
0.0% (0)
Minnesota:
8.6% (4,216)
Number of households with income $125k - 150k:
Minnetonka:
6.1% (8)
State:
4.4% (2,178)
Number of households with income $150k - 200k:
Minnetonka:
23.5% (31)
State:
7.3% (3,556)
Number of households with income > $200k:
Minnetonka:
0.0% (0)
State:
7.3% (3,596)
Aggregate household income in Minnetonka in 2022: $9,933,341
Median per capita income in Minnetonka in 2022:
Minnetonka:
$94,451
Minnesota:
$28,385
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