How much do homeowners pay a month in the Village of Minnetonka Beach, MN?
Homeowners with a mortgage in the Village of Minnetonka Beach, MN pay a median of $4,000 or more a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $1,500 or more.
67.0% of owned homes carry a mortgage.
Figures last updated on .
- With a mortgage
- $4,000 or more
- Without a mortgage
- $1,500 or more
- Owned with a mortgage
- 67.0%
Monthly owner costs in the Village of Minnetonka Beach
| Village of Minnetonka Beach | Hennepin County | Minnesota | United States | |
|---|---|---|---|---|
| With a mortgage | $4,000 or more | $2,255 (±$15) | $1,947 (±$7) | $1,963 |
| Without a mortgage | $1,500 or more | $853 (±$8) | $698 (±$3) | $638 |
| Owned homes with a mortgage | 67.0% (±11.1 points) | 69.0% (±0.5 points) | 64.0% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $10,000 or more | $4,480 (±$26) | $3,357 (±$10) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
Median monthly cost with a mortgage in places near the Village of Minnetonka Beach
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Village of Minnetonka Beach | — | $4,000 or more | — |
| Orono | 1.5 mi | $4,000 or more | — |
| Tonka Bay | 1.7 mi | $3,633 (±$397) | — |
| Spring Park | 2.1 mi | $3,569 (±$1,525) | — |
| Greenwood | 2.5 mi | $3,262 (±$182) | — |
| Shorewood | 2.6 mi | $3,628 (±$249) | — |
| Excelsior | 2.7 mi | $2,900 (±$382) | — |
| Deephaven | 2.9 mi | $3,336 (±$733) | — |
| Long Lake | 3.1 mi | $2,360 (±$151) | — |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Hennepin County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 1 (tie) | Medicine Lake | $4,000 or more |
| 1 (tie) | Orono | $4,000 or more |
| 1 (tie) | Village of Minnetonka Beach | $4,000 or more |
| 1 (tie) | Wayzata | $4,000 or more |
| 5 | Woodland | $3,966 (±$621) |
| 6 | Tonka Bay | $3,633 (±$397) |
| 7 | Shorewood | $3,628 (±$249) |
| 8 | Spring Park | $3,569 (±$1,525) |
| 9 | Medina | $3,518 (±$516) |
Showing 9 of 42 places in Hennepin County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Village of Minnetonka Beach
What is the average mortgage payment in the Village of Minnetonka Beach?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in the Village of Minnetonka Beach, MN is $4,000 or more a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in the Village of Minnetonka Beach?
Owners without a mortgage in the Village of Minnetonka Beach pay a median of $1,500 or more a month in taxes, insurance, utilities and fees.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Village of Minnetonka Beach city, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Village of Minnetonka Beach city, Minnesota
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Village of Minnetonka Beach city, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Village of Minnetonka Beach city, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Village of Minnetonka Beach city, Minnesota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Village of Minnetonka Beach city, Minnesota (place:67130, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in the Village of Minnetonka Beach at a glance
- Home values in the Village of Minnetonka Beach
- Property taxes in the Village of Minnetonka Beach
- Commute and cars in the Village of Minnetonka Beach
- Minnesota landlord and tenant rules
- Housing across Hennepin County
- Housing data for every place in Minnesota