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Minnetonka Real Estate Overview

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As part of the greater landscape of Minnesota, the Minnetonka real estate market is a great area for all types of home buyers. The market currently has around 50,000 residents and about 32 percent of the households in the Minnetonka market have families with married couples and children. That’s about the same figure as the surrounding county which has about 33 percent of the households with families overall.

One of the attractive features about the Minnetonka MN real estate market is that it is an affluent community. The median household in this area is about $20,000 more than the county’s average. In Minnetonka, the median household income is about $78,000 while the county average is closer to $60,000. Minnetonka’s median household income is also higher than the country’s overall average which is about $51,000.

Minnetonka residents also appreciate the weather in this community. The average high temperature throughout the summer is about 81 degrees and it can get down to about 6 degrees in January in the middle of winter. During the colder months, Minnetonka homeowners can expect an average of about 54 inches of snow and about 35 inches of rain throughout the year.


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