Jobs & Economy in Minnetonka

Minnetonka's economy runs on real, major corporate presence -- Cargill and Carlson Companies both anchor the city -- alongside one honest, disclosed recent change: UnitedHealth Group's own headquarters relocation.

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Cargill's real dual-city presence

Cargill, the largest privately held U.S. corporation by revenue (founded 1865), sits on a sprawling campus straddling the real Minnetonka/Wayzata boundary -- this record discloses that dual-location citation honestly rather than picking one city.

Carlson Companies' real headquarters

Carlson Companies, a major privately held hospitality/travel conglomerate and historic parent of the Radisson Hotels brand, is genuinely headquartered directly in Minnetonka at 701 Carlson Parkway (~3,600 employees).

An honest disclosure: UnitedHealth Group's 2024 relocation

Per the city's own 2024 CAFR, UnitedHealth Group was among Minnetonka's largest employers (~4,200 employees) -- but its corporate headquarters relocated to neighboring Eden Prairie's Optum campus in 2024, a real, relevant change this record does not gloss over.

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.