Minnetonka, a city located in the state of Minnesota (MN), is home to a population of approximately 53,529 people. Minnetonka boasts a median age of 42.5, with around 28.9% of its residents aged 60 or above. 5.5% of the population identifies as US Veterans. 9.1% of Minnetonka residents are disabled. The city has an average household income of $114,867, while the unemployment rate stands at 2.5%, and around 4.5% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Minnetonka is $430,071, with a monthly rent averaging $1,673.