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Minnesota · Census place 65164

Tonka Bay city, MN

Quick answer

Tonka Bay city has 1,361 residents, ranking #308 of 914 places in Minnesota. Median household income is $151,563, the median home is worth $869,900 and median gross rent runs $2,299 a month.

Population
1,361Tonka Bay city residents
Median household income
$151,563Past 12 months, inflation adjusted
Median home value
$869,900Owner-occupied units
Median gross rent
$2,299Rent plus utilities, monthly
Median age
57.7 yrsAll residents
Homeownership rate
86.8%Owner-occupied households

What the numbers mean in Tonka Bay city

Housing cost measured against local earnings.

A household earning the Tonka Bay city median would spend about 18.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 5.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.2% of residents and 86.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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