Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.2 yrs |
|---|---|
| Avg HH Size | 2.56 |
| Below Poverty | 6.7% ▼ 34% below avg |
| College Grads | 32.3% ▼ 17% below avg |
| Unemployment | 1.7% ▼ 65% below avg |
| No HS Diploma | 3 (0.4%) |
| HS Graduate | 277 (35%) |
| Some College | 55 (6.9%) |
| Associates | 201 (25.4%) |
| Bachelors | 81 (10.2%) |
| Graduate Degree | 175 (22.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $67,788 ▼ 11% below avg |
|---|---|
| Median Home Value | $175,000 ▼ 37% below avg |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Median Rent | $633/mo |
| Total Housing Units | 474 |
| Vacant Units | 45 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Wabasso is a city in Minnesota, located in Redwood County. The city spans 1 ZIP code and is home to approximately 1,143 residents. It is a mature city, with a median age of 48.2 years.
Economically, Wabasso is a solidly middle-class community. The median household income of $67,788 is near the national average. Approximately 6.7% of residents live below the poverty line. The unemployment rate is 1.7%, well below the national average.
The real estate market in Wabasso is an affordable housing market. Median home values stand at $175,000, which is below the national average. Renters typically pay around $633 per month. Homeownership is high at 83.9%, typical of suburban and family-oriented communities.
The population of Wabasso is moderately educated. 32.3% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (96.68%).
Wabasso, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56293 | 1,143 | $67,788 | $175,000 | $633 | 1.7% | 32.3% | 83.9% |