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The total population of Tonka Bay is estimated to be 1,462 with 756 males (51.71%) and 706 females (48.29%). There are 50 less females than males in Tonka Bay.
The median household income in Tonka Bay was $152,409 in 2021, which marked an a decrease of 754(0.49%) from $153,163 in 2020. This income is 204.29% 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, Tonka Bay sees its highest median household income among householders in the age group of 25 to 44 years old, at $195,915. Overall, the median household income for the city of Tonka Bay stands at $152,409.
In Tonka Bay, the median income for all workers aged 15 years and older, regardless of work hours, was $77,285 for males and $41,463 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $139,167 for males and $95,931 for females.
In Tonka Bay, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $251,763, while White households have a median household income of $153,219.
In 2022, the population of Tonka Bay was 1,566, a 1.76% decrease year-by-year from 2021. Previously, in 2021, Tonka Bay's population was 1,594, an increase of 11.08% compared to a population of 1,435 in 2020.
The median age in Tonka Bay, MN is 56.0, as per 2021 ACS 5-Year Estimates. Of the total population, 13.07% were under the age of 15, 8.98% aged 15 to 29, 50.53% aged 30 to 64, 26.64% aged 65 to 84, and 0.78% were 85 years of age and older.
Racial distribution of Tonka Bay population: 89.54% are White, 4.66% are Black or African American, 0.57% are Asian, 0.49% are Native Hawaiian and other Pacific Islander, 0.42% are some other race and 4.31% are multiracial.