The median home value in Tonka Bay, MN is $1,707,500. This is higher than the county median home value of $289,200. The national median home value is $219,700. The average price of homes sold in Tonka Bay, MN is $1,707,500. Approximately 78.3% of Tonka Bay homes are owned, compared to 11.25% rented, while 10.45% are vacant. Tonka Bay real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Tonka Bay real estate agent to arrange a tour today!
Tonka Bay, Minnesota has a population of 1,380. Tonka Bay is less family-centric than the surrounding county with 30.1% of the households containing married families with children. The county average for households married with children is 33.56%.
The median household income in Tonka Bay, Minnesota is $119,779. The median household income for the surrounding county is $71,154 compared to the national median of $57,652. The median age of people living in Tonka Bay is 49.2 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 6.5 degrees. The average rainfall is approximately 31.6 inches per year, with 52.7 inches of snow per year.