Minnetonka, MN Employment - Median Household Income, Unemployment Rate

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A+

111%

Income/capita NAT. AVG.

85%

Household income NAT. AVG.

65%

Unemployment NAT. AVG.

Index	Minnetonka	Minnesota	National
Income per capita	$94,571	$49,588	$44,883
Median household income	$150,767	$92,370	$81,333
Median income owner occupied	$180,281	$117,544	$106,172
Median income renter occupied	$98,134	$52,026	$52,080
Median earnings male	$99,361	$60,747	$54,343
Median earnings female	$73,003	$42,223	$38,439
Unemployment rate	1.7%	3.6%	4.9%
Poverty level	3.5%	10.8%	15.1%

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Key findings

The income per capita in Minnetonka is 111% higher than the national average
The median household income in Minnetonka is 85% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Minnetonka is 65% lower than the national average
The poverty level in Minnetonka is 77% lower than the national average

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am i middle class

$100,501 $150,767 $301,534

City

$61,573 $92,370 $184,740

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Minnetonka median earnings by income bracket

Minnetonka employment by industry

Labour Type	Male	Female
Construction industry	5.3%	5.3%
Manufacturing sector	16.4%	16.4%
Financial & insurance services	8.7%	8.7%
Wholesale & retail services	16.0%	16.0%
Public administration	3.3%	3.3%
Transportation, warehousing & utilities	4.2%	4.2%
Education, health & social services	13.6%	13.6%
Other	30.6%	30.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Minnetonka Beach, MN	606	$369,558	354.4%
Woodland, MN	552	$282,232	247.0%
Greenwood, MN	764	$273,109	235.8%
Independence, MN	3,869	$266,808	228.0%
Orono, MN	8,455	$249,971	207.3%
Minnetonka, MN	55,235	$150,767	85.4%

Cities with similar population

City	Population	Household Income	National Avg.
Kingsport, TN	55,254	$61,471	24.4%
St. Cloud, FL	55,190	$87,948	8.1%
Summerville, SC	55,185	$90,252	11.0%
Paramount, CA	55,175	$84,335	3.7%
Pinellas Park, FL	55,392	$74,454	8.5%
Minnetonka, MN	55,235	$150,767	85.4%

Source: The Minnetonka, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.