2025 Compare Cities Economy:
Minnetonka, MN vs Palo Alto, CA

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Highlights
- Household income in Palo Alto, is 84% more than it is in Minnetonka and is 65% above the National Average.
- Minnetonka unemployment rate is 3.3%.
- Palo Alto unemployment rate is 3.5%.
 Minnetonka, MNPalo Alto, CAUnited States
 Unemployment Rate  Unlock3.5%6.0%
 Recent Job Growth  Unlock2.5%1.6%
 Future Job Growth38.4%  Unlock33.5%
 Sales Taxes7.5%  Unlock6.2%
 Income Taxes  Unlock8.0%4.6%
 Income per Cap.$64,063  Unlock$37,638
 Household Income  Unlock$194,782$69,021
 Family Median Income$139,222  Unlock$85,028
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 Est. Households By Income
 Minnetonka, MNPalo Alto, CAUnited States
 Income Less Than 15K  Unlock5.2%9.4%
 Income between 15K and 20K1.6%  Unlock3.8%
 Income between 20K and 30K  Unlock3.1%8.1%
 Income between 30K and 40K5.7%  Unlock8.0%
 Income between 40K and 50K  Unlock2.9%7.6%
 Income between 50K and 60K5.6%  Unlock7.2%
 Income between 60K and 75K  Unlock4.6%9.6%
 Income between 75K and 100K12.8%  Unlock12.8%
 Income between 100K and 150K  Unlock12.8%16.3%
 Income between 150K and 200K12.5%  Unlock7.8%
 Income greater than 200K  Unlock49.5%9.5%
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 Population By Occupation
 Minnetonka, MNPalo Alto, CAUnited States
 Management, business, finance27.3%  Unlock16.4%
 Engineering, computers, science  Unlock29.0%6.5%
 Community, social services1.6%  Unlock1.8%
 Legal  Unlock3.7%1.2%
 Education, library5.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.5%2.0%
 Healthcare practitioners and technology6.8%  Unlock6.2%
 Healthcare support  Unlock1.1%3.3%
 Firefighters, law enforcement0.9%  Unlock2.1%
 Food preparation, serving  Unlock1.6%5.4%
 Building maintenance1.7%  Unlock3.6%
 Personal care  Unlock2.3%2.6%
 Sales, office, administrative support19.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair3.1%  Unlock8.1%
 Production, transportation, material moving  Unlock2.5%13.1%
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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Reviews for Palo Alto    8 Reviews

The Bay Area in general, but Palo Alto specifically provides many of the qualities sought by many; the climate is beautiful, there is access to cultural and recreational  More

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Over 17 years ago

Very  More

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Over 18 years ago

VTA and SamsTrans and Caltrain all provide good service and most times frequency of service is  More

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