Income & Economy in Tonka Bay, MN

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$151,563

+107% vs national

Per Capita Income

$133,352

+259% vs national

Poverty Rate

3.2%

-77% vs national

Gini Index

0.5714

0 = perfect equality

Unemployment

9.1%

+74% vs national

SNAP Recipients

0.5%

of households

How Tonka Bay Compares

Source: Census ACS (2023)

Tonka Bay vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Tonka Bay is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Tonka Bay. The median household income here is $151,563.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
6.2%
$25-50K
9.5%
$50-75K
6.5%
$75-100K
7.9%
$100-150K
19.5%
$150-200K
10.7%
$200K+
39.7%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

9.1%

+101% vs MN avg

Labor Force

640

Employed

582

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

52.8%

of adults 25+

High School Diploma+

65.7%

of adults 25+

Median Age

57.7

Work from Home

34.4%

of workers

The median household income in Tonka Bay, MN is $151,563, which is 107.0% above the national average of $73,224. Per capita income is $133,352. The poverty rate of 3.2% is lower than the MN state average of 11.4%. The Gini index of income inequality is 0.5714, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 9.1%, compared to the state average of 4.5%. 52.8% of adults hold a bachelor's degree or higher.