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Wayzata city, Minnesota

City

Population: 4,363 (2023 estimate)

Located in Minnesota , Minnesota

Census Bureau data for Wayzata city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Wayzata city

What is the median household income in Wayzata city?
The median household income in Wayzata city is $125,344 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Wayzata city?
The poverty rate in Wayzata city is 1.9% (U.S. Census Bureau ACS 2023).
What is the median home value in Wayzata city?
$1,047,400 (U.S. Census Bureau ACS 2023).
What is the average rent in Wayzata city?
The median gross rent in Wayzata city is $1,507 per month (U.S. Census Bureau ACS 2023).
What percentage of Wayzata city residents have a college degree?
72.2% of adults in Wayzata city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
4,363
Median Income
$125,344
Median Home Value
$1,047,400
Poverty Rate
1.9%
Unemployment (ACS 2023)
1.4%
Median Age
58.0 yrs
Since 2019 Median Income: +$38,492 (+44.3%) Home Value: +$523,800 (+100%) Poverty Rate: +0.1 pp (+5.6%) Bachelor's+: +12.1 pp (+20.1%) Unemployment: -1.1 pp (-44%)

Demographics

Total Population 4,363
Median Age 58.0
Female 50.3%
Race & Ethnicity
Hispanic or Latino 5.2% White (non-Hisp.) 87.1% Black 0.8% Asian 3.3% Two or More 6.6% Other 2.2%
Asian Subgroups (% of total pop.)
Indian
1.4%
Filipino
1.3%
Chinese
0.6%
Hispanic Subgroups (% of total pop.)
Mexican
3.8%
Puerto Rican
0.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $125,344 ±$25,132
+$37,788 vs. state
Per Capita Income $292,702
Median Family Income $222,375
Poverty Rate 1.9%
-3.6 pp vs. state
Child Poverty Rate 6.7%
Working-Age Poverty Rate
SNAP Recipients 2.5%
Social Security Income
Retirement Income 32.2%
Household Income Distribution
< $10k
5.9%
$10–15k
5.4%
$15–25k
3.2%
$25–35k
5.2%
$35–50k
6.8%
$50–75k
8.6%
$75–100k
6.9%
$100–150k
15.1%
$150–200k
5.0%
$200k+
37.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 2,566
Owner-Occupied 60.3%
Renter-Occupied 39.7%
Vacancy Rate 16.3%
Median Home Value $1,047,400
+$741,900 vs. state
Median Gross Rent $1,507
Owner Cost Burden (30%+) 28.8%
Renter Cost Burden (30%+) 41.0%
Home Value Distribution
< $50k
1.3%
$100–200k
2.9%
$200–300k
0.6%
$300–500k
11.5%
$500k–$1M
29.5%
$1M+
52.9%
Gross Rent Distribution
< $500
6.5%
$500–1k
4.8%
$1–1.5k
38.5%
$1.5–2k
8.4%
$2–2.5k
1.2%
$2.5–3.5k
8.3%
$3.5k+
32.3%
Vehicle Availability
No vehicle
9.6%
1 vehicle
36.3%
2 vehicles
37.5%
3+
16.6%
Housing Type
Single-fam. det.
39.0%
Single-fam. att.
9.8%
2–4 units
0.7%
5–19 units
5.8%
20+ units
41.4%
Housing Age
Pre-1940
7.2%
1940–1969
1.9%
1970–1999
17.3%
2000–2009
5.4%
2010+
27.4%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 98.0%
Bachelor's or Higher 72.2%
+33.4 pp vs. state
Graduate Degree 26.7%
Some College / Associate 9.4%
Less Than High School 1.2%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 50.6%
Unemployment Rate 1.4%
-2.5 pp vs. state
Work from Home 31.2%
Self-Employed 4.5%
Government Workers 7.0%
Private For-Profit 88.5%
Industry
Prof. Services
23.3%
Edu/Health
19.1%
Manufacturing
13.6%
Finance
10.9%
Retail
10.2%
Wholesale
8.9%
Construction
4.6%
Arts/Entmt.
3.4%
Information
2.9%
Public Admin
0.9%
Agriculture
0.7%
Transportation
0.5%
Occupation
Management
66.5%
Sales
19.8%
Production
7.6%
Food Prep
4.0%
Construction
2.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 17.6 min
Drove Alone 62.7%
Carpool 3.2%
Public Transit 0.0%
Work from Home 31.2%
Walked 3.0%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 2,149
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 55.9%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 13.5%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
6.7%
5–9
1.7%
10–14
2.8%
15–19
3.8%
20–24
3.8%
25–34
10.8%
35–44
6.6%
45–54
8.3%
55–64
8.6%
65–74
8.3%
75–84
15.7%
85+
16.1%
Under 18: 14.3% Working age (18–64): 85.7% 65 and over: 38.7%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 9.8%
Naturalized Citizen 57.3%
Speaks English Less Than Very Well 0.9%
Foreign-Born Origin
Latin America
35.0%
Asia
22.1%
Europe
20.3%
Africa
5.4%

Veterans & Disability

Veteran 9.8%
With a Disability 13.7%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 99.6%
Uninsured 0.4%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 84.5%
Has a Computer 95.3%
Same House 1 Year Ago 81.8%
Moved from Abroad 1.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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