Tonka Bay, MN Real Estate

According to census data in the year 2000 there were 651 housing units in Tonka Bay. This represents a 5.3% growth from 618 in 1990.

Of those housing units, 651 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Tonka Bay is about 91.7%. Tonka Bay's vacancy rate, including seasonal lodging, is about 5.7%. Average household size is 2.52 people.

The majority of houses, apartments or condos in Tonka Bay were built after 1964.


Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom3.80%
Two Bedrooms24.60%
Three Bedrooms34.90%
Four Bedrooms30.90%
Five Bedrooms or more5.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1964
Median Value of occupied units$310,400

Rented Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1964

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.10%
Second Mortgage11.40%
Home Equity Loan10.90%
Simple Mortgage55.10%
Debt Free21.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.1%