Minnetonka ( MIN-ə-TONG-kə) is a city in Hennepin County, Minnesota, United States. A western suburb of the Twin Cities, Minnetonka is located about 10 miles (16 km) west of Minneapolis. At the 2020 census, the city's population was 53,781. Minnetonka is the home of Cargill, the country's largest privately owned company, and UnitedHealth Group, the state's largest publicly owned company. I-494 runs through the city while I-394/US 12 and US 169 are situated along the suburb's northern and eastern boundaries respectively.