Waconia, MN
Population 13,223 · Minnesota
About Waconia, MN
Waconia is a mid-sized city in Minnesota with a population of 13,223 residents. The median household income is $104,929 per year, which is above the national average. The median age in Waconia is 37.6 years.
Housing in Waconia has a median home value of $407,600 and median monthly rent of $1,299. Of the 5,162 total housing units, the majority are owner-occupied, with 4,046 owner-occupied and 953 renter-occupied units.
The unemployment rate in Waconia is 4.1% and the poverty rate is 4.2%. 49.8% of residents hold a bachelor's degree or higher. The average commute time is 24.8 minutes.
Cost of Living in Waconia, MN
Compared to national averages, Waconia has a median household income of $104,929 (40% above the national median of $75,149). Home values average $407,600, which is 66% above the national median. Monthly rent at $1,299 is 12% above the US average of $1,163. Within Minnesota, Waconia's income is 41% above the state average of $74,221, and home values are 99% above the state median of $204,472.
Why Live in Waconia, MN?
Waconia offers a strong local economy with a median household income of $104,929, well above the national average, and a well-educated community where 49.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.2%, better than the national average. Additionally, the city features short commute times averaging just 24.8 minutes.
Potential considerations include a competitive housing market where the typical home costs $407,600. However, Waconia’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Waconia has a population of 13,223 with a median age of 37.6 years. Compare Waconia with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Waconia
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rogers | 13,405 | $159,638 | $437,900 | Compare |
| Mounds View | 12,992 | $90,148 | $294,500 | Compare |
| Vadnais Heights | 12,789 | $91,946 | $334,500 | Compare |
| Worthington | 13,792 | $61,840 | $184,200 | Compare |
| Sauk Rapids | 13,851 | $67,004 | $240,200 | Compare |
| Cloquet | 12,582 | $63,854 | $200,100 | Compare |
| Marshall | 13,880 | $64,636 | $198,900 | Compare |
| North St. Paul | 12,511 | $81,641 | $286,600 | 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 Waconia
What is the population of Waconia, MN?
The population of Waconia, MN is 13,223 according to the latest Census data.
What is the median household income in Waconia?
The median household income in Waconia, MN is $104,929 per year.
What is the median home value in Waconia?
The median home value in Waconia, MN is $407,600.
What is the average rent in Waconia?
The median monthly rent in Waconia, MN is $1,299.
What is the unemployment rate in Waconia?
The unemployment rate in Waconia, MN is 4.1%.