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CITY

Wayzata

Minnesota · 4,344 residents (2025 est.) · 3.097 sq mi
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The short version

Wayzata is significantly wealthier than the US average, with a median household income of $131,614. Population has held roughly steady since 2000. 73% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has more than tripled since 2000, reaching $1,153,400. With a median age of 55.7, the population is older than the US median of 38.9. It ranks in the top 5% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 55.7
US median: 38.9
More educated
73% hold a bachelor's degree
US average: 36%
Less affordable
home values up 141%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
4,354
+6%since 2000
from 4,113 in 2000
1990 – 2025
Population density
1,406 / sq mi
+6%since 2000
from 1,328 / sq mi in 2000
US average: 281
Median age
55.7
+26%since 2000
from 44.3 in 2000
US average: 38.9

PEP 2025 EST:4,344 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
4K4K4K4K5K1990201020202024Wayzata
20244K
1990201020202024
Section 02

Income & economy

Median household income
$131,614
+10%inflation adjusted, since 2000
from $65,833 in 2000
US average: $82,259
1990 – 2024
Per capita income
$116,577
+83%since 2000
from $63,859 in 2000
US average: $44,673
Households earning $100K+
66.7%
+23.7 ptssince 2009
from 42.9% in 2009
US average: 53.3%
Poverty rate
5.8%
+3.5 ptssince 2000
from 2.3% in 2000
US average: 12.5%
Income inequality (Gini)
0.582
+2%since 2010
from 0.573 in 2010
US average: 0.476
Workforce by industry, 2024
Information12%
US avg: 10.8%
Transportation & warehousing9.8%
US avg: 2.2%
Retail trade9.7%
US avg: 9.9%
Other services8.7%
US avg: 6.7%
Public administration8.4%
US avg: 4.8%
Wholesale trade5.3%
US avg: 6.9%
Arts, entertainment, food2.7%
US avg: 1.9%
Agriculture, forestry, fishing0.6%
US avg: 1.6%
Construction0.6%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Finance & insurance0%
US avg: 5.9%
Professional, scientific, technical0%
US avg: 5.1%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$1,153,400
+141%inflation adjusted, since 2000
from $262,200 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,782
+31%inflation adjusted, since 2000
from $749 in 2000
US average: $1,442
Owner-occupied
59.1%
−1.3 ptssince 2000
from 60.3% in 2000
40.9% rent
Vacancy rate
12.4%
+5.5 ptssince 2009
from 6.8% in 2009
US average: 10.0%
Owner cost-burdened
24.9%
−6.9 ptssince 2009
from 31.8% in 2009
US average: 22.9%
Renter cost-burdened
51.0%
+10.7 ptssince 2009
from 40.3% in 2009
US average: 47.4%
Afford Score
8.8
+120%since 2000
from 4.0 in 2000
1990 – 2024
Gentrification Score
91
RELATED:See current rent listings in Wayzata on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic95.6%(3,931)
Black0.4%(17)
Hispanic / Latino1.4%(58)
Asian1.3%(54)
Other0%
Diversity Score7.8%(319)
2024
White, non-Hispanic87.4%(3,807)
Black0.6%(24)
Hispanic / Latino5%(216)
Asian3.3%(143)
Other3.8%(164)
Diversity Score28.8%(1,254)
Diversity Score
29
+271%since 2000
from 8 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
72.7%
+24.5 ptssince 2000
from 48.1% in 2000
US average: 35.6%
High school or higher
98.5%
+2.0 ptssince 2000
from 96.5% in 2000
US average: 89.6%
Graduate degree
26.2%
+11.8 ptssince 2000
from 14.4% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
18.3 min
+41%since 2000
from 13.0 min in 2000
US average: 26.5
Drive alone to work
62.5%
−19.6 ptssince 2009
from 82.1% in 2009
US average: 68.9%
Carpooled to work
2.5%
+0.5 ptssince 2009
from 2.0% in 2009
US average: 8.5%
Public transit
0.0%
−6.0 ptssince 2009
from 6.0% in 2009
US average: 3.2%
Worked from home
32.0%
+26.0 ptssince 2009
from 6.0% in 2009
US average: 15.0%
Walked to work
3.0%
+0.8 ptssince 2009
from 2.2% in 2009
US average: 2.4%
Biked to work
0.0%
−0.6 ptssince 2009
from 0.6% in 2009
US average: 0.4%
No vehicle available
9.2%
+1.4 ptssince 2009
from 7.8% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
1.7%
−4.7 ptssince 2011
from 6.4% in 2011
US average: 5.2%
Labor force participation
51.8%
−6.7 ptssince 2011
from 58.5% in 2011
US average: 63.5%
Self-employed
10.8%
+3.7 ptssince 2009
from 7.1% in 2009
US average: 13.1%
Management & professional
65.9%
−2.8 ptssince 2009
from 68.7% in 2009
US average: 42.5%
Section 08

People & community

Male
46.4%
−3.2 ptssince 2009
from 49.6% in 2009
Female
53.6%
+3.2 ptssince 2009
from 50.4% in 2009
Foreign born
9.4%
+6.8 ptssince 2009
from 2.6% in 2009
US average: 14.1%
Veterans
8.6%
−40.4 ptssince 2009
from 49.0% in 2009
US average: 6.2%
With a disability
14.9%
+3.6 ptssince 2012
from 11.3% in 2012
US average: 13.3%
Uninsured
0.1%
−92.2 ptssince 2013
from 92.3% in 2013
US average: 8.4%
Broadband at home
87.3%
+3.9 ptssince 2017
from 83.4% in 2017
US average: 91.0%
English only at home
94.9%
+2.2 ptssince 2016
from 92.7% in 2016
US average: 77.7%
Spanish at home
1.9%
−0.1 ptssince 2016
from 2.1% in 2016
US average: 13.6%
Drill deeper

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WAYZATA VS
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Frequently asked

How many people live in Wayzata, Minnesota?

Wayzata, Minnesota has about 4,354 residents according to the 2024 American Community Survey.

What is the median household income in Wayzata, Minnesota?

The typical household in Wayzata, Minnesota earns about $131,614 a year. Half of households make more than that, and half make less.

Is Wayzata, Minnesota expensive?

In Wayzata, Minnesota, the median home is worth about $1,153,400, and the typical rent is about $1,782 a month.

How educated are people in Wayzata, Minnesota?

About 72.7% of adults age 25 and over in Wayzata, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Wayzata, Minnesota?

About 5.8% of people in Wayzata, Minnesota live below the federal poverty line.

Has Wayzata, Minnesota grown since 1990?

Yes, Wayzata, Minnesota has grown since 1990. The population has added about 548 residents, a change of about 14 percent over that period.

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

How we source and harmonize this data →