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Deephaven, Minnesota, in Hennepin county, is 1 miles NW of Minnetonka, Minnesota and 13 miles W of Minneapolis, Minnesota. The city is conveniently located inside the Minneapolis - Saint Paul metropolitan area. There are an estimated 3,853 people in Deephaven. In 2000, Deephaven had a median family income of $107,422. Approximately 97% of housing in Deephaven is owner-occupied.