Wanda, MN
Population 79 · Minnesota
About Wanda, MN
Wanda is a small community located in Minnesota with a population of 79 residents according to the latest US Census Bureau American Community Survey data. The median household income is $80,893 per year, which is 8% above the national median of $75,149. The median age of 58.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Wanda features a median home value of $202,300, which is 17% below the national median of $244,900. This positions Wanda in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 56 total housing units, 73% are owner-occupied (33 units) and 27% are renter-occupied (12 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Wanda shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Wanda have an average one-way commute time of 17.3 minutes, one of the shorter commutes in the region.
Education & Demographics
34.2% of Wanda residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Wanda, MN
Compared to national averages, Wanda has a median household income of $80,893 (8% above the national median of $75,149). Home values average $202,300, which is 17% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Wanda's income is 9% above the state average of $74,221, and home values are 1% below the state median of $204,472.
Why Live in Wanda, MN?
Wanda offers a strong local economy with a median household income of $80,893, well above the national average, and affordable housing with a median home value of $202,300, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 34.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.3%, better than the national average, and short commute times averaging just 17.3 minutes.
Wanda has a population of 79 with a median age of 58.5 years. Compare Wanda with other cities to see how it stacks up, or explore all cities in Minnesota.
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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 Wanda
What is the population of Wanda, MN?
The population of Wanda, MN is 79 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Minnesota.
What is the median household income in Wanda?
The median household income in Wanda, MN is $80,893 per year, which is 8% above the national median of $75,149.
What is the median home value in Wanda?
The median home value in Wanda, MN is $202,300, which is 17% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wanda?
The median monthly rent in Wanda, MN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Wanda?
The unemployment rate in Wanda, MN is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Wanda, MN a good place to live?
Wanda offers above-average incomes, affordable housing, and a strong job market. With a population of 79 and a median age of 58.5, the city appeals to established professionals and retirees.
How educated is Wanda, MN?
34.2% of residents in Wanda aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Wanda?
Key cost-of-living indicators for Wanda, MN: median home value is $202,300 (17% below national), median rent is $0/month, and median household income is $80,893. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Wanda?
The poverty rate in Wanda, MN is 1.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Wanda, MN?
Wanda's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.