City

Waconia, MN

1 ZIP code  ·  Carver County  ·  Minnesota

👥14,697Population
💰$109,279Median HH Income▲ 43% above avg
🎂38.5Median Age
🏠$418,600Median Home Value▲ 50% above avg
🎓59.2%College Grads▲ 53% above avg
📊3.8%Unemployment▼ 22% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 50.1% Female 49.9% ♀

Race & Ethnicity

White: 91.8%Hispanic: 4.4%Black: 1.1%Asian: 0.1%Other: 2.7%Race
White91.8%
Hispanic4.4%
Black1.1%
Asian0.1%
Other2.7%

Age Breakdown

Under 5
6%
5–17
20%
18–24
7%
25–44
28%
45–64
26%
65+
6%

Key Indicators

Median Age38.5 yrs
Avg HH Size2.62
Below Poverty4.0% ▼ 60% below avg
College Grads59.2% ▲ 53% above avg
Unemployment3.8% ▼ 22% below avg
No HS Diploma15 (0.2%)
HS Graduate1,582 (16.5%)
Some College786 (8.2%)
Associates1,522 (15.9%)
Bachelors977 (10.2%)
Graduate Degree4,679 (48.9%)

Education

No HS: 0.2%HS Grad: 16.5%Some College: 8.2%Associates: 15.9%Bachelors: 10.2%Graduate: 48.9%Edu
No HS0.2%
HS Grad16.5%
Some College8.2%
Associates15.9%
Bachelors10.2%
Graduate48.9%
Housing & Income

Housing Tenure

Owner: 82.6%Renter: 17.4%Tenure
Owner82.6%
Renter17.4%

Home Value Distribution

Under $50k
1%
$100k–$150k
0%
$150k–$200k
1%
$200k–$300k
18%
$300k–$500k
50%
Over $500k
30%

Financials

Median HH Income$109,279 ▲ 43% above avg
Median Home Value$418,600 ▲ 50% above avg
Home/Income Ratio3.8x (nat avg ~3.5x)
Median Rent$1,306/mo
Total Housing Units5,711
Vacant Units169

Income Distribution

Under $25k
7%
$25k–$50k
13%
$50k–$75k
13%
$75k–$100k
10%
$100k–$150k
19%
$150k–$200k
19%
Over $200k
20%
Employment & Commute

How People Get to Work

Drove Alone
76%
Public Transit
1%
Walked
1%
Work From Home
22%

Commute Time

Under 15 min
31%
15–30 min
29%
30–45 min
24%
Over 45 min
16%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
5%
1960s–1970s
8%
1980s–1990s
26%
2000+
59%
About Waconia, MN

Waconia is a city in Minnesota, located in Carver County. The city spans 1 ZIP code and is home to approximately 14,697 residents. It is a middle-aged city, with a median age of 38.5 years.

Economically, Waconia is a upper-middle-income community. The median household income of $109,279 is above the national average. Approximately 4.0% of residents live below the poverty line. The unemployment rate is 3.8%, below the national average.

The real estate market in Waconia is a premium housing market. Median home values stand at $418,600, which is significantly above the national average. Renters typically pay around $1,306 per month. Homeownership is high at 82.6%, typical of suburban and family-oriented communities.

The population of Waconia is well-educated. 59.2% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (91.77%).

Waconia, MN offers residents above-average earning potential within Minnesota.

ZIP Codes in Waconia
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
55387 14,697 $109,279 $418,600 $1,306 3.8% 59.2% 82.6%