2025 Compare Cities Economy:
Austin, TX vs Minnetonka, MN

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Highlights
- Household income in Minnetonka, is 34% more than it is in Austin and is 35% above the National Average.
- Austin unemployment rate is 5.1%.
- Minnetonka unemployment rate is 3.3%.
 Austin, TXMinnetonka, MNUnited States
 Unemployment Rate  Unlock3.3%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth47.0%  Unlock33.5%
 Sales Taxes8.3%  Unlock6.2%
 Income Taxes  Unlock7.1%4.6%
 Income per Cap.$48,550  Unlock$37,638
 Household Income  Unlock$106,023$69,021
 Family Median Income$104,153  Unlock$85,028
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 Est. Households By Income
 Austin, TXMinnetonka, MNUnited States
 Income Less Than 15K  Unlock4.8%9.4%
 Income between 15K and 20K2.6%  Unlock3.8%
 Income between 20K and 30K  Unlock3.8%8.1%
 Income between 30K and 40K6.8%  Unlock8.0%
 Income between 40K and 50K  Unlock4.7%7.6%
 Income between 50K and 60K7.5%  Unlock7.2%
 Income between 60K and 75K  Unlock7.5%9.6%
 Income between 75K and 100K12.6%  Unlock12.8%
 Income between 100K and 150K  Unlock20.9%16.3%
 Income between 150K and 200K9.4%  Unlock7.8%
 Income greater than 200K  Unlock20.1%9.5%
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 Population By Occupation
 Austin, TXMinnetonka, MNUnited States
 Management, business, finance21.9%  Unlock16.4%
 Engineering, computers, science  Unlock11.9%6.5%
 Community, social services1.5%  Unlock1.8%
 Legal  Unlock1.5%1.2%
 Education, library6.6%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.9%2.0%
 Healthcare practitioners and technology4.6%  Unlock6.2%
 Healthcare support  Unlock3.0%3.3%
 Firefighters, law enforcement1.0%  Unlock2.1%
 Food preparation, serving  Unlock3.3%5.4%
 Building maintenance2.9%  Unlock3.6%
 Personal care  Unlock2.9%2.6%
 Sales, office, administrative support19.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair6.1%  Unlock8.1%
 Production, transportation, material moving  Unlock7.3%13.1%
Reviews for Austin    449 Reviews

Over 1 years ago

Good place to visit.  More

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Austin is too expensive. Let's get that out of the way. Other than that it is a fun city. Ladybird Lake makes the city, imo. The ability to stand up paddle, kayak, walk  More

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The city continues to grow quickly, which a lot of people don't like. I get it, you fall in love with a city, and it's growing so fast that you don't recognize the same  More

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Reviews for Minnetonka    4 Reviews

Over 14 years ago

Moving from Southern California to Minnetonka, MN the thing we noticed most was the country living envirnoment even though you are living within the city. There are no  More

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Over 16 years ago

Minnetonka, MN was a quiet and nice place to raise a  More

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Over 19 years ago

You can't beat Lake Minnetonka in the  More

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