The median home value in Tonka Bay, MN is $1,584,500. This is higher than the county median home value of $342,800. The national median home value is $338,100. The average price of homes sold in Tonka Bay, MN is $1,584,500. Approximately 77.88% of Tonka Bay homes are owned, compared to 12.8% rented, while 9.32% 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 1,415. Tonka Bay is less family-centric than the surrounding county with 19.87% of the households containing married families with children. The county average for households married with children is 33.3%.
The median household income in Tonka Bay, Minnesota is $141,000. The median household income for the surrounding county is $85,438 compared to the national median of $69,021. The median age of people living in Tonka Bay is 56 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 4.1 degrees. The average rainfall is approximately 31.6 inches per year, with 51 inches of snow per year.