Tonka Bay

Population: 1,361
Median household income: $151,563
Median home value: $869,900

Tonka Bay is a community in Hennepin County, Minnesota, home to 1,361 residents. The median household income of $151,563 is above the Hennepin County median ($96,339).

From 2019 to 2023, Tonka Bay's population declined 13.3% from 1,570 to 1,361, while its median home value rose 31.5% from $661,400 to $869,900.

The typical home was built around 1980. 3.2% of residents live below the poverty line.

Demographics

ACS 2019–2023

Population: 1,361
Median age: 57.7 yrs
Median household income: $151,563
Median home value: $869,900
Median gross rent: $2,299
Housing units: 619
Homeownership rate: 86.8%
Bachelor's degree or higher: 64.8%
Unemployment rate: 9.1%

Trends

ACS 5-year · 2019–2023

Population

1,5701,361

Median household income

$133,000$151,563

Median home value

$661,400$869,900

Median gross rent

$1,667$2,299

Year	Population	Median household income	Median home value	Median gross rent
2019	1,570	$133,000	$661,400	$1,667
2020	1,466	$135,167	$674,800	$1,819
2021	1,415	$141,000	$691,900	$1,773
2022	1,462	$141,875	$820,800	$2,204
2023	1,361	$151,563	$869,900	$2,299

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 51.5%

5 to 1713.0%

18 to 244.0%

25 to 343.5%

35 to 448.4%

45 to 5413.2%

55 to 6425.2%

65 to 7422.0%

75 and over9.2%

	Count	Share
Under 5	20	1.5%
5 to 17	177	13.0%
18 to 24	55	4.0%
25 to 34	48	3.5%
35 to 44	114	8.4%
45 to 54	180	13.2%
55 to 64	343	25.2%
65 to 74	299	22.0%
75 and over	125	9.2%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,243	91.3%
Black or African American	5	0.4%
American Indian & Alaska Native	0	0.0%
Asian	4	0.3%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	47	3.5%
Hispanic or Latino (any race)	62	4.6%

Educational attainment (age 25+)

No high school diploma0.6%

High school graduate15.8%

Some college or associate's18.8%

Bachelor's degree41.4%

Graduate or professional degree23.4%

	Count	Share
No high school diploma	7	0.6%
High school graduate	175	15.8%
Some college or associate's	208	18.8%
Bachelor's degree	459	41.4%
Graduate or professional degree	260	23.4%

Commute to work

Mean travel time to work: 26 min

Drove alone58.7%

Carpooled3.0%

Public transit2.4%

Walked0.7%

Bicycle0.0%

Worked from home34.4%

Other means0.7%

How workers get to work

	Count	Share
Drove alone	336	58.7%
Carpooled	17	3.0%
Public transit	14	2.4%
Walked	4	0.7%
Bicycle	0	0.0%
Worked from home	197	34.4%
Other means	4	0.7%

Travel time

	Count	Share
Under 15 min	63	16.8%
15 to 29 min	167	44.5%
30 to 44 min	102	27.2%
45 to 59 min	32	8.5%
60+ min	11	2.9%

Households

Average household size: 2.39
Poverty rate: 3.2% (43 of 1,361)

	Count	Share
Family households	471	82.8%
Nonfamily households	98	17.2%

Housing

Median year structure built: 1980

Occupancy

	Count	Share
Occupied	569	91.9%
Vacant	50	8.1%

Tenure (of occupied units)

	Count	Share
Owner-occupied	494	86.8%
Renter-occupied	75	13.2%

1-unit, detached90.6%

1-unit, attached6.5%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units2.9%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	561	90.6%
1-unit, attached	40	6.5%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	18	2.9%
Mobile home & other	0	0.0%

Geography

Place GEOID: 2765164
Type (LSAD): 25
Land area: 0.94 sq mi
Water area: 1.17 sq mi
Center point: 44.9144, -93.5855