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The total population of Minnetonka Beach is estimated to be 463 with 230 males (49.68%) and 233 females (50.32%). There are 3 more females than males in Minnetonka Beach.
The median household income in Minnetonka Beach was $266,175 in 2021, which marked an a decrease of 17,111(6.04%) from $283,286 in 2020. This income is 356.77% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Minnetonka Beach sees its highest median household income among householders in the age group of 45 to 64 years old, at $270,229. Overall, the median household income for the city of Minnetonka Beach stands at $266,175.
In Minnetonka Beach, the median income for all workers aged 15 years and older, regardless of work hours, was $178,621 for males and $56,072 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $195,690 for males and $88,724 for females.
In Minnetonka Beach, population is primarily represented by White households, reporting a median income of $260,577.
In 2022, the population of Minnetonka Beach was 534, a 0.56% decrease year-by-year from 2021. Previously, in 2021, Minnetonka Beach's population was 537, a decline of 1.29% compared to a population of 544 in 2020.
The median age in Minnetonka Beach, MN is 43.6, as per 2021 ACS 5-Year Estimates. Of the total population, 25.55% were under the age of 15, 10.46% aged 15 to 29, 50.70% aged 30 to 64, 12.68% aged 65 to 84, and 0.60% were 85 years of age and older.
Racial distribution of Minnetonka Beach population: 92.76% are White, 0.20% are Black or African American, 0.20% are Asian, 0.80% are some other race and 6.04% are multiracial.