People moved to Minnetonka in the middle of the 1800s, but it took a bit of time for communities to be established. Some local governments weren’t established until almost a century later. Although its namesake is a huge lake, a small portion of the city is the only part of Minnetonka that touches the lake.
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It is a beautiful city, which makes investing in its housing market more than a good idea. There are around 50 parks in the area, with seemingly endless trails that span on forever. There are over a thousand acres of nature where anyone can walk around and enjoy. And since companies like Cargill and Carlson have made Minnetonka home, business is flourishing. There are a lot of stores for everyone’s favorite products. Minnetonka is indeed a great mix of city and natural life, which is perfect for almost any prospective homeowner.
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Minnetonka is just a short eight miles from Minneapolis. It has the fourth highest rate of businesses with 15.75 for every 100 people, and an unemployment rate of 4.3 percent, which is very low by all accounts. As mentioned above, Cargill is situated in Minnetonka. It is a large food company, so large in fact, that Forbes ranked it as the largest private company in the country. Minnetonka is also home to other mammoth companies such as SuperValu, UnitedHealth Group, and St. Jude Medical.