Tonka Bay, MN
1,270Residents
$156,458Median household income
$2,320/moMedian gross rent
$917,100Median home value
59.8Median age
63%Adults with a bachelor’s degree or higher
81%Homes lived in by their owners
5.9×Home value to household income
Median rent takes about 18% of the median household income in Tonka Bay.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $93,000 a year. In Minnesota that leaves roughly $5,661 a month after tax. See the full paycheck breakdown for $95,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.