Minnetonka, MN's Data
About Minnetonka, MN's
Minnetonka is a suburban city located in Hennepin County, Minnesota, United States. Known for its scenic beauty and vibrant community, the city's name comes from the Dakota Sioux mni tanka, meaning 'great water', referring to its proximity to Lake Minnetonka. Established in 1852 and incorporated as a city in 1956, Minnetonka has grown from a small rural town to a well-developed suburb of Minneapolis. It is noted for its mix of residential areas, parks, and commercial developments, offering a high quality of life to its residents.
City: Minnetonka
State: Minnesota
Country: United States
Population: 54440
Number of Ongoing Class I Recalls: 0
Number of Ongoing Class II Recalls: 0
Number of Ongoing Class III Recalls: 0
Company With Most Recalls: No Recalls
Things To Do in Minnetonka, MN
Hike: Here are a couple of local trails to check out!
Local Attractions in Minnetonka, MN
Ridgedale Center - A large shopping mall with a wide range of retail stores and dining options.
Minnetonka Center for the Arts - Offers art classes and exhibitions, fostering local arts and culture.
Big Willow Park - Known for its expansive green spaces, walking trails, and sports facilities.
The Marsh - A center for balance and fitness, providing wellness services and fitness classes.
Shady Oak Beach - A popular summer spot for swimming, sunbathing, and picnicking.
The Economy of Minnetonka, MN
The economy of Minnetonka is diverse, with a strong presence of service industries, retail, and manufacturing. Major companies like UnitedHealth Group and Cargill have their headquarters in the city, contributing significantly to local employment and economic stability. The city's strategic location near major transportation routes and Minneapolis has also made it an attractive place for businesses and startups, fostering a dynamic economic environment.
Minnetonka, MN Inflation
Understanding the BLS and Inflation in Minnetonka, MN
The Bureau of Labor Statistics (BLS) is a government agency that collects and analyzes economic data across the U.S., including cities like Minnetonka, MN. One of its key responsibilities is tracking inflation through the Consumer Price Index (CPI), which measures how the cost of everyday goods and services changes over time. Inflation can impact everything from housing prices to the cost of groceries, gas, and utilities across the area. By tracking inflation, the BLS helps people from Minnetonka, MN understand how their purchasing power is affected and provides insights for businesses and policymakers.
What This Graph Represents
This graph shows inflation trends in Minnetonka, MN using the CPI, highlighting how prices have changed over time. The x-axis represents time (months and years), while the y-axis represents price levels. If the graph moves upward, it means the cost of living is rising, which can affect everything from rent to gas prices. A flatter or downward trend suggests that inflation is stabilizing or decreasing. Keeping an eye on inflation is important for people from Minnetonka, MN when budgeting for housing, wages, and daily expenses. You can hover over the graph to see exact values for each month and check the "Most Recently Updated" label to ensure you’re viewing the latest available data.
Company Recall Data in Minnetonka, MN
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