Minnetonka 75 Excellent
Minnetonka Livability #176 ranked city in Minnesota#3,751 ranked city in the USARanks better than 87% of areas
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Pros and Cons of Living in Minnetonka

PROS
  • Crime Crime

    This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.

  • Employment Employment

    This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.

  • Housing Housing

    The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.

  • Schools Schools

    A high score in the schools category could be the result of elements like top-notch test scores, high education levels and the convenient location of elementary and high schools in this area.

  • Ratings Ratings

    Local residents have positive feedback regarding the convenience of amenities, parks, public transit, the friendliness of neighbors, the strong sense of community, and the overall safety of the area.

CONS
  • Amenities Amenities

    It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.

  • Cost Of Living Cost Of Living

    Residents of this area contend with a high cost of living, resulting in increased expenditures for everyday goods and services, housing, utilities and health care.

  • Health & Safety Health & Safety

    Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.

What's it like Living in Minnetonka?

Minnetonka, Minnesota is a mid-sized city with a population of 55,235 inhabitants. The majority of Minnetonka residents report their race to be White; this is followed by Asian and Black.

Without the right tools, relocating to any new area can be very stressful and challenging. Living in Minnetonka, Minnesota could be a positive experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. To help you find the best places to live in and around Minnetonka, AreaVibes has created a livability score using key metrics like cost of living, commute, housing and more.

Using data and statistics Minnetonka has received a livability score of 75/100. This score is ranked in the 87th percentile when compared to all other cities. Pack your bags! This is a very high score in comparison to other US cities. Living in Minnetonka could be a great choice! If we examine each of the categories on their own, we see that Minnetonka ranks well for crime (A), education (A+) and housing (A+). There is at least one category that does not have great scores in Minnetonka. The following was graded with a disappointing score: amenities (F) and cost of living (F).

Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Minnetonka has a violent crime rate of 116 crimes per 100,000 residents which is far lower than the national average.

Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Minnetonka, the unemployment rate stands at 1.7%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.

A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Minnetonka has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.

Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Minnetonka is real estate affordability. Median real estate prices in Minnetonka come in at $649,333, which is 91.5% higher than the Minnesota average. The home price to income ratio compares the median home prices to the median household income. In Minnetonka, the home price to income ratio is 4.3, which is 16.2% higher than the Minnesota average.

Best Places to Live in and Around Minnetonka

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      Minnetonka transportation information

      Statistic Minnetonka Minnesota National
      Average one way commute22min23min26min
      Workers who drive to work74.1%78.0%76.4%
      Workers who carpool7.2%8.7%9.3%
      Workers who take public transit2.5%3.5%5.1%
      Workers who bicycle0.1%0.8%0.6%
      Workers who walk1.4%2.8%2.8%
      Working from home13.7%5.3%4.6%
      Source: The Minnetonka, MN data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.