Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.8 yrs |
|---|---|
| Avg HH Size | 2.30 |
| Below Poverty | 8.0% ▼ 20% below avg |
| College Grads | 36.9% ≈ Avg |
| Unemployment | 5.2% ≈ Avg |
| No HS Diploma | 13 (0.7%) |
| HS Graduate | 670 (33.5%) |
| Some College | 327 (16.4%) |
| Associates | 253 (12.7%) |
| Bachelors | 319 (16%) |
| Graduate Degree | 418 (20.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $79,879 ≈ Avg |
|---|---|
| Median Home Value | $245,400 ▼ 12% below avg |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Median Rent | $839/mo |
| Total Housing Units | 1,566 |
| Vacant Units | 329 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Waterville is a city in Minnesota, located in Le Sueur County. The city spans 1 ZIP code and is home to approximately 2,874 residents. It is a mature city, with a median age of 45.8 years.
Economically, Waterville is a middle-income community. The median household income of $79,879 is near the national average. Approximately 8.0% of residents live below the poverty line. The unemployment rate is 5.2%, near the national average.
The real estate market in Waterville is an affordable housing market. Median home values stand at $245,400, which is near the national average. Renters typically pay around $839 per month. Homeownership is high at 82.7%, typical of suburban and family-oriented communities.
The population of Waterville is moderately educated. 36.9% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (88.87%).
Waterville, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56096 | 2,874 | $79,879 | $245,400 | $839 | 5.2% | 36.9% | 82.7% |