As of 2025 the population of Mahtomedi is 7,941. The population is expected to grow to 7,994 by 2030 - a growth rate of 0.13%.
The median age of Mahtomedi residents is 45.
The diversity index of Mahtomedi is 28.0, meaning that there is a 28% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.
The average household income in Mahtomedi is $181,457 and projected to be $198,077 in 2030. Per capita income is $72,563, projected to be $80,215 in 2030. 12.38% of households – 983 – have an income of $200,000 or higher. Average net worth is $2,908,414 and the average disposable income is $126,993.
There are 3,291 housing units in Mahtomedi; 2,430 are owner-occupied, 743 are rented, and 118 are vacant. The average home value is $657,670, with 407 homes built in 2010 or later, and 376 built in 1939 or earlier.
There are 171 businesses in Mahtomedi, employing 1,645 workers and pulling from a labor force of 3,838 age 16 and above. 1,938 workers commute into Mahtomedi from outside the county or state. Key industries for the area include:
1,860 residents both live and work in/around Mahtomedi. The average travel time is 25.0 minutes. 3.76% people have a commute of less than 5 minutes while 1.29% commute 90 minutes or more each way. Of commuters, 2,531 drive alone, 123 carpool, and 6 take public transportation. 57 use other modes of transport such as motorcycle, bicycle, walking, etc. 1,121 residents work from home.
848 members of the workforce hold a high school diploma or GED. 419 have associates degrees, 2,071 have bachelor’s degrees, and 1,515 hold a graduate or professional degree.
