Income/capita NAT. AVG.
Household income NAT. AVG.
Unemployment NAT. AVG.
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Income per capita$62,612$33,225$29,829
Median household income$100,363$63,217$55,322
Median income owner occupied$121,546$77,618$70,586
Median income renter occupied$65,500$34,348$35,192
Median earnings male$68,280$40,933$36,919
Median earnings female$49,011$29,114$26,250
Unemployment rate1.6%3.4%4.7%
Poverty level3.5%10.8%15.1%
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Key findings

  • The income per capita in Minnetonka is 110% higher than the national average
  • The median household income in Minnetonka is 81% 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

Best Places for Employment in and Around Minnetonka

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Compare Minnetonka, MN Employment

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      am i middle class

      Input your household income
      $66,901 $100,363 $200,726
      $42,140 $63,217 $126,434
      $36,877 $55,322 $110,644
      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.

      Minnetonka median earnings by income bracket

      Minnetonka employment by industry

      Labour TypeMaleFemale
      Construction industry5.3%5.3%
      Manufacturing sector16.4%16.4%
      Financial & insurance services8.7%8.7%
      Wholesale & retail services16.0%16.0%
      Public administration3.3%3.3%
      Transportation, warehousing & utilities4.2%4.2%
      Education, health & social services13.6%13.6%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Minnetonka Beach, MN590$250,001351.9%
      Woodland, MN537$189,375242.3%
      Greenwood, MN742$183,750232.1%
      Independence, MN3,778$180,357226.0%
      Orono, MN8,217$169,557206.5%
      Minnetonka, MN53,760$100,36381.4%

      Cities with similar population

      City Population Household Income National Avg.
      Novato, CA53,781$101,62983.7%
      Leesburg, VA53,731$113,933105.9%
      Apple Valley, MN53,728$90,16263.0%
      Aloha, OR53,724$75,85637.1%
      Kingsport, TN53,699$42,06624.0%
      Minnetonka, MN53,760$100,36381.4%
      Source: The Minnetonka, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).