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CITY · 2020 ACS

Waconia

Minnesota · 13,033 residents · 5.612 sq mi
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The short version

Waconia is significantly wealthier than the US average, with a median household income of $100,583. The city has grown rapidly, with population up 91% since 2000. 50% of adults hold a bachelor's degree or higher, well above the national rate of 33%. Median home value has more than doubled since 2000, reaching $321,500. Poverty is rare here, at 2.7% of residents. Households here earn about 37% more than the Minnesota median.

At a glance
Wealthier
above the US median
US median: $66,278
Mid-age
median age 37.6
US median: 38.8
More educated
50% hold a bachelor's degree
US average: 33%
Less affordable
home values up 42%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
13,033
+91%since 2000
from 6,814 in 2000
1990 – 2025
Population density
2,322 / sq mi
+91%since 2000
from 1,214 / sq mi in 2000
US average: 280
Median age
37.6
+14%since 2000
from 33.0 in 2000
US average: 38.8
Population, 1990 – 2024
3K5K8K11K14K1990201020202024Waconia
202413K
1990201020202024
Section 02

Income & economy

Median household income
$100,583
+20%inflation adjusted, since 2000
from $55,705 in 2000
US average: $66,278
1990 – 2024
Per capita income
$41,597
+54%since 2000
from $26,996 in 2000
US average: $35,364
Households earning $100K+
63.7%
+9.1 ptssince 2009
from 54.6% in 2009
US average: 43.9%
Poverty rate
2.7%
−1.0 ptssince 2000
from 3.8% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade16.4%
US avg: 10%
Information11.2%
US avg: 11.1%
Other services7.1%
US avg: 6.6%
Wholesale trade5.1%
US avg: 6.7%
Public administration4.7%
US avg: 4.7%
Transportation & warehousing3.8%
US avg: 2.5%
Finance & insurance2.5%
US avg: 5.5%
Professional, scientific, technical2.2%
US avg: 4.7%
Agriculture, forestry, fishing1.9%
US avg: 1.7%
Construction1.9%
US avg: 1.2%
Arts, entertainment, food1.6%
US avg: 2%
Education & health services0.3%
US avg: 0.8%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$321,500
+42%inflation adjusted, since 2000
from $150,400 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,059
+8%inflation adjusted, since 2000
from $652 in 2000
US average: $1,124
Owner-occupied
79.0%
+2.7 ptssince 2000
from 76.3% in 2000
21.0% rent
Afford Score
3.2
+18%since 2000
from 2.7 in 2000
1990 – 2024
RELATED:See current rent listings in Waconia on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.5%(6,578)
Black0.3%(22)
Hispanic / Latino1.3%(87)
Asian0.6%(44)
Other0%
Diversity Score5.6%(381)
2020
White, non-Hispanic90.1%(11,742)
Black1%(132)
Hispanic / Latino3.8%(500)
Asian1.2%(160)
Other0.9%(111)
Diversity Score17%(2,214)
Diversity Score
17
+204%since 2000
from 6 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
50.0%
+20.6 ptssince 2000
from 29.4% in 2000
US average: 32.9%
High school or higher
97.4%
+10.0 ptssince 2000
from 87.4% in 2000
US average: 88.5%
Graduate degree
14.7%
+8.4 ptssince 2000
from 6.3% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
26.5 min
+39%since 2000
from 19.1 min in 2000
US average: 26.9
Drive alone to work
82.1%
−0.7 ptssince 2009
from 82.8% in 2009
US average: 75.1%
No vehicle available
6.0%
+0.3 ptssince 2009
from 5.7% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.1%
−0.4 ptssince 2011
from 2.5% in 2011
US average: 5.4%
Labor force participation
73.5%
−3.8 ptssince 2011
from 77.3% in 2011
US average: 63.4%
Management & professional
49.4%
−18.8 ptssince 2009
from 68.2% in 2009
US average: 39.3%
Section 08

People & community

Male
49.1%
−1.4 ptssince 2009
from 50.5% in 2009
Female
50.9%
+1.4 ptssince 2009
from 49.5% in 2009
Foreign born
2.1%
−1.3 ptssince 2009
from 3.4% in 2009
US average: 13.5%
Uninsured
2.7%
−93.0 ptssince 2013
from 95.7% in 2013
US average: 8.8%
Drill deeper

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Compare Waconia to nearby cities

WACONIA VS
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Income$195,639+95%
Home value$581,200+81%
Population12,447−12%
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WACONIA VS
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Home value$658,300+105%
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WACONIA VS
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WACONIA VS
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Frequently asked

How many people live in Waconia, Minnesota?

Waconia, Minnesota has about 13,033 residents according to the 2020 American Community Survey.

What is the median household income in Waconia, Minnesota?

The typical household in Waconia, Minnesota earns about $100,583 a year. Half of households make more than that, and half make less.

Is Waconia, Minnesota expensive?

In Waconia, Minnesota, the median home is worth about $321,500, and the typical rent is about $1,059 a month.

How educated are people in Waconia, Minnesota?

About 50.0% of adults age 25 and over in Waconia, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Waconia, Minnesota?

About 2.7% of people in Waconia, Minnesota live below the federal poverty line.

Has Waconia, Minnesota grown since 1990?

Yes, Waconia, Minnesota has grown since 1990. The population has added about 9,535 residents, a change of about 273 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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