Minnetonka, Minnesota 

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Economy in Minnetonka, Minnesota

Minnetonka has an unemployment rate of 2.3%. The US average is 3.9%.

Minnetonka has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 38.4%, which is higher than the US average of 33.5%.

Tax Rates for Minnetonka
- The Sales Tax Rate for Minnetonka is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Minnetonka is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Minnetonka
- The average income of a Minnetonka resident is $48,600 a year. The US average is $28,555 a year.
- The Median household income of a Minnetonka resident is $80,068 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYMinnetonka, MinnesotaUnited States
  2.3%3.9%
  1.8%1.6%
  38.4%33.5%
  7.5%7.3%
  7.1%4.6%
  $54,790$31,177
  $86,672$57,652
  $115,263$70,850
  POPULATION BY OCCUPATION
  0.4%1.3%
  0.2%0.6%
  3.4%6.2%
  10.3%10.4%
  4.3%2.7%
  12.8%11.6%
  2.7%4.1%
  0.5%0.9%
  2.5%2.1%
  11.2%4.7%
  2.1%1.9%
  13.5%6.7%
  0.4%0.1%
  3.4%4.3%
  8.1%9.3%
  13.2%13.8%
  1.9%2.2%
  4.0%7.4%
  3.5%4.9%
  1.6%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Reviews for Minnetonka    4 Reviews
    City - Country living - 3/29/2011
    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... Read More

    Start Your Review of Minnetonka


    Cost of living - 6/15/2009
    Minnetonka, MN was a quiet and nice place to raise a... Read More

    Great Lake - 8/29/2006
    You can't beat Lake Minnetonka in the... Read More


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    COMPARE COST OF LIVING
    Compare Minnetonka, Minnesota to any other place in the USA.

    MAPS OF MINNETONKA, MINNESOTA
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Minnetonka,Minnesota Map
    ZIP CODES IN MINNETONKA, MINNESOTA
    55345 55305 55391

    NEW LISTINGS IN MINNETONKA
    $479,000
    5888 Scenic Heights Dr
    Bed 4 | Bath 4

    $375,000
    16203 The Strand
    Bed 4 | Bath 2

    $495,000
    4705 Parsons Close
    Bed 4 | Bath 3

    $349,000
    16020 Temple Dr
    Bed 4 | Bath 4

    $600,000
    3606 Moorland Rd
    Bed 5 | Bath 4

    $599,000
    4919 Williston Rd
    Bed 4 | Bath 4

    $367,900
    3647 Sunrise Dr E
    Bed 3 | Bath 2


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