2025 Compare Cities Economy:
Minnetonka, MN vs Prior Lake, MN

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Highlights
- Household income in Prior Lake, is 9% more than it is in Minnetonka and is 40% above the National Average.
- Minnetonka unemployment rate is 3.3%.
- Prior Lake unemployment rate is 3.8%.
 Minnetonka, MNPrior Lake, MNUnited States
 Unemployment Rate  Unlock3.8%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth38.4%  Unlock33.5%
 Sales Taxes7.5%  Unlock6.2%
 Income Taxes  Unlock7.1%4.6%
 Income per Cap.$64,063  Unlock$37,638
 Household Income  Unlock$115,837$69,021
 Family Median Income$139,222  Unlock$85,028
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 Est. Households By Income
 Minnetonka, MNPrior Lake, MNUnited States
 Income Less Than 15K  Unlock2.6%9.4%
 Income between 15K and 20K1.6%  Unlock3.8%
 Income between 20K and 30K  Unlock3.8%8.1%
 Income between 30K and 40K5.7%  Unlock8.0%
 Income between 40K and 50K  Unlock5.2%7.6%
 Income between 50K and 60K5.6%  Unlock7.2%
 Income between 60K and 75K  Unlock9.4%9.6%
 Income between 75K and 100K12.8%  Unlock12.8%
 Income between 100K and 150K  Unlock21.7%16.3%
 Income between 150K and 200K12.5%  Unlock7.8%
 Income greater than 200K  Unlock23.2%9.5%
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 Population By Occupation
 Minnetonka, MNPrior Lake, MNUnited States
 Management, business, finance27.3%  Unlock16.4%
 Engineering, computers, science  Unlock10.1%6.5%
 Community, social services1.6%  Unlock1.8%
 Legal  Unlock0.8%1.2%
 Education, library5.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.7%2.0%
 Healthcare practitioners and technology6.8%  Unlock6.2%
 Healthcare support  Unlock1.7%3.3%
 Firefighters, law enforcement0.9%  Unlock2.1%
 Food preparation, serving  Unlock3.3%5.4%
 Building maintenance1.7%  Unlock3.6%
 Personal care  Unlock3.6%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  Unlock9.7%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 Prior Lake    3 Reviews

Over 13 years ago

Prior Lake is an amazing place to raise a family and to live. The city puts a lot of money into community events that are almost always free or of low cost. From the  More

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Over 15 years ago

A beautiful, quiet, friendly community built around a lovely good sized lake. Prior Lake is only a short drive away from many fun and exciting cultural, sporting,  More

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We actually live in Credit River Township, but our mailing address is Prior Lake. Our real estate taxes help pay for the schools in Prior Lake, but, in Credit River  More

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