Wabasha, MN
Population 2,569 · Minnesota
About Wabasha, MN
Wabasha is a small community in Minnesota with a population of 2,569 residents. The median household income is $62,016 per year, which is near the national average. The median age in Wabasha is 55.2 years.
Housing in Wabasha has a median home value of $212,800 and median monthly rent of $773. Of the 1,380 total housing units, the majority are owner-occupied, with 849 owner-occupied and 369 renter-occupied units.
The unemployment rate in Wabasha is 3.3% and the poverty rate is 9.8%. 24.4% of residents hold a bachelor's degree or higher. The average commute time is 20.9 minutes.
Cost of Living in Wabasha, MN
Compared to national averages, Wabasha has a median household income of $62,016 (17% below the national median of $75,149). Home values average $212,800, which is 13% below the national median. Monthly rent at $773 is 34% below the US average of $1,163. Within Minnesota, Wabasha's income is 16% below the state average of $74,221, and home values are 4% above the state median of $204,472.
Why Live in Wabasha, MN?
Wabasha offers affordable housing with a median home value of $212,800, below the US average of $244,900, and rent that’s lower than the national average at $773/month, and a strong job market with an unemployment rate of just 3.3%. Additionally, the city features a low poverty rate of 9.8%, better than the national average, and short commute times averaging just 20.9 minutes.
Potential considerations include median household income ($62,016) that falls below the national average. However, Wabasha’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wabasha has a population of 2,569 with a median age of 55.2 years. Compare Wabasha with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Wabasha
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pelican Rapids | 2,589 | $65,482 | $177,700 | Compare |
| Sandstone | 2,538 | $50,288 | $137,500 | Compare |
| Osseo | 2,601 | $66,875 | $275,000 | Compare |
| Lake Crystal | 2,530 | $77,979 | $193,800 | Compare |
| Granite Falls | 2,612 | $59,402 | $139,700 | Compare |
| Lexington | 2,616 | $72,955 | $282,000 | Compare |
| Rockville | 2,521 | $101,447 | $327,400 | Compare |
| Le Center | 2,514 | $66,864 | $189,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Wabasha
What is the population of Wabasha, MN?
The population of Wabasha, MN is 2,569 according to the latest Census data.
What is the median household income in Wabasha?
The median household income in Wabasha, MN is $62,016 per year.
What is the median home value in Wabasha?
The median home value in Wabasha, MN is $212,800.
What is the average rent in Wabasha?
The median monthly rent in Wabasha, MN is $773.
What is the unemployment rate in Wabasha?
The unemployment rate in Wabasha, MN is 3.3%.