HomeMinnesotaHennepin CountyTonka Bay city
Tonka Bay city, Minnesota: commercial real estate data.
Tonka Bay city is a Census city of 1,270 people across 0.94 square miles of land, in Hennepin County. Median household income is $156,458, 81.4 percent of occupied homes are owned.
60 sourced place values · tier FULL · 7 sections
Tonka Bay
What Tonka Bay is
- Census place typecity
- Land area0.94 sq mi
- Water area1.17 sq mi
- Population per square mile of land1,353
- County holding the largest share of its areaHennepin County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Tonka Bay
How many people live in Tonka Bay
- Population1,270
- Median age59.8
- Population under 18181 plus or minus 46
- Share under 1814.3 percent
- Population 65 and over423
- Share 65 and over33.3 percent plus or minus 8.4
- Households559
- Family households432
- Share of households that are families77.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Tonka Bay
Income and work in Tonka Bay
- Median household income$156,458
- Per capita income$122,757
- Civilian labor force580
- Employed524
- Unemployed56 plus or minus 46
- Unemployment rate9.7 percent plus or minus 7.7
- Adults 25 and over1,052
- Adults 25 and over with a high school diploma or higher100.0 percent plus or minus 22.8
- Adults 25 and over with a bachelor degree or higher63.3 percent plus or minus 15.6
- Adults 25 and over with a graduate degree24.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Tonka Bay
Housing in Tonka Bay
- Housing units629
- Occupied units559
- Vacant units70 plus or minus 44
- Vacancy rate11.1 percent plus or minus 6.7
- Owner occupied455
- Renter occupied104 plus or minus 42
- Ownership rate81.4 percent
- Median owner-occupied home value$917,100
- Median gross rent, monthly$2,320
- Annual rent as a share of median income17.8 percent
- Single family units592
- Share single family94.1 percent
- Units in buildings of two or more37 plus or minus 20
- Share in buildings of two or more5.9 percent plus or minus 3.1
- Mobile homes0
- Median year structure built1982
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Tonka Bay
How Tonka Bay gets to work
- Workers 16 and over who commute315 plus or minus 63
- Commuting under 15 minutes40 plus or minus 18
- Share commuting under 15 minutes12.7 percent plus or minus 5.0
- Commuting 30 minutes or more137 plus or minus 45
- Share commuting 30 minutes or more43.5 percent plus or minus 11.5
- Drove alone56.5 percent
- Carpooled1.7 percent plus or minus 1.7
- Public transport1.0 percent plus or minus 1.1
- Walked0.6 percent plus or minus 0.8
- Worked from home39.9 percent plus or minus 8.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Tonka Bay
SBA 504 lending to Tonka Bay borrowers
- Approvals1
- Gross approval$2,505,000
- Average approval$2,505,000
- Median approval$2,505,000
- Largest approval$2,505,000
- Jobs supported55
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hennepin County, not Tonka Bay
Hennepin County context, not Tonka Bay figures
These are Hennepin County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Tonka Bay measurements.
- Establishments in Hennepin County40,486
- Employment at those establishments, Hennepin County939,201
- Covered employment, Hennepin County917,117
- Average annual pay, Hennepin County$90,157
- Average weekly wage, Hennepin County$1,734
- Housing units permitted, Hennepin County3,919
- Of those, single family, Hennepin County2,054
- County product, 2024, Hennepin County$193,617,316,000
- County product change over the prior year, Hennepin County5.1 percent
- Average income of an arriving household, Hennepin County$77,501
Every figure in this section is published for Hennepin County as a whole and is not a measurement of Tonka Bay. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Tonka Bay questions, answered from the record.
How many people live in Tonka Bay, Minnesota?
1,270, in 559 households. Tonka Bay city covers 0.94 square miles of land, which is 1,353 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Tonka Bay in?
Hennepin County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Tonka Bay?
$156,458. The median owner-occupied home is valued at $917,100. Median gross rent is $2,320 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page Tonka Bay figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Hennepin County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Tonka Bay.
Is zoning published for Tonka Bay?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.