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
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
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
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
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.
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
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
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.
Minnetonka, Minnesota is a moderately-sized city with a population of 53,760 people. At 85%, the majority of the Minnetonka population is White; this is followed by 6% Asian and 5% Black.
If you’re considering relocating to any new city, it could be a very discouraging task. However, it could also be a good experience if you are willing to get to know the city before actually living in Minnetonka, Minnesota. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. Finding the best places to live in Minnetonka and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, cost of living, commute, health & safety, education and other important metrics.
Minnetonka, MN receives 74 out of 100 for its livability score; this results in a ranking of #141 in Minnesota and #3,561 in the USA. For each of the livability categories, we see that Minnetonka ranks very well for crime (A), education (A+) and housing (A+). Unfortunately for Minnetonka, there are some categories for which it does not score well, this includes: amenities (F) and cost of living (F).
Ensuring a sense of security is paramount for the majority of residents in any area. Low crime rates exert a positive influence on various aspects, including home prices, rates of home appreciation and the cultivation of positive community dynamics and social cohesion. In the case of Minnetonka, it boasts a notably low violent crime rate of 90 crimes per 100,000 residents, which significantly outperforms the national average.
The Minnetonka unemployment rate of 1.62% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
Finding affordable real estate and housing in Minnetonka can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Minnetonka real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Minnetonka. The median home price for Minnetonka homes is $362,100, which is 89.1% higher than the Minnesota average. If we take a closer look at the affordability of homes in Minnetonka, we’ll see that the home price to income ratio is 3.6, which is 20% higher than the Minnesota average.
| Statistic | Minnetonka | Minnesota | National |
| Average one way commute | 22min | 23min | 26min |
| Workers who drive to work | 74.1% | 78.0% | 76.4% |
| Workers who carpool | 7.2% | 8.7% | 9.3% |
| Workers who take public transit | 2.5% | 3.5% | 5.1% |
| Workers who bicycle | 0.1% | 0.8% | 0.6% |
| Workers who walk | 1.4% | 2.8% | 2.8% |
| Working from home | 13.7% | 5.3% | 4.6% |
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