Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 51.0 yrs |
|---|---|
| Avg HH Size | 2.32 |
| Below Poverty | 5.2% ▼ 49% below avg |
| College Grads | 77.8% ▲ 101% above avg |
| Unemployment | 3.0% ▼ 38% below avg |
| No HS Diploma | 43 (0.4%) |
| HS Graduate | 1,007 (8.8%) |
| Some College | 508 (4.5%) |
| Associates | 977 (8.6%) |
| Bachelors | 671 (5.9%) |
| Graduate Degree | 8,200 (71.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $170,115 ▲ 123% above avg |
|---|---|
| Median Home Value | $795,600 ▲ 185% above avg |
| Home/Income Ratio | 4.7x (nat avg ~3.5x) |
| Median Rent | $1,498/mo |
| Total Housing Units | 7,445 |
| Vacant Units | 807 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Wayzata is a city in Minnesota, located in Hennepin County. The city spans 1 ZIP code and is home to approximately 15,469 residents. It is a mature city, with a median age of 51 years.
Economically, Wayzata is a affluent community. The median household income of $170,115 is more than double the national average. Approximately 5.2% of residents live below the poverty line. The unemployment rate is 3.0%, below the national average.
The real estate market in Wayzata is a premium housing market. Median home values stand at $795,600, which is more than double the national average. Renters typically pay around $1,498 per month. Homeownership is high at 81.3%, typical of suburban and family-oriented communities.
The population of Wayzata is highly educated. 77.8% of adults hold a bachelor's degree or higher — more than double the national average. The community is primarily White (89.12%).
Wayzata, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55391 | 15,469 | $170,115 | $795,600 | $1,498 | 3.0% | 77.8% | 81.3% |