All Countries
Waconia, MN
Full City Profile · Minnesota · Carver County County
3.8
/5.0
B+
Good
13,223
Population
2,357/sq mi density
$104,929
Median Income
$50,332 per capita
$407,600
Home Value
$452,199 Zillow
$1,299
Median Rent
27.7% income on rent
44°F
Avg Temperature
270 sunny days/yr
22
Violent Crime/100K
736 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$104,929 median income, 3.1% unemployment
A
Affordability
4.5 / 5.0
$407,600 home value, $1,299/mo rent
F
Safety
1.0 / 5.0
22 violent crimes/100K
A+
Education
5.0 / 5.0
49.8% bachelor's degree or higher
Income Overview
Median Household Income
$104,929
40% above
US avg: $75,149
Per Capita Income
$50,332
29% above
US avg: $39,052
Unemployment Rate
3.1%
14% below
US avg: 3.6%
Poverty Rate
3.7%
70% below
US avg: 12.4%
Income Comparison: Waconia vs. U.S. Average
Each bar shows Waconia’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$104,929
140%
Per Capita
US: $39,052
$50,332
129%
IRS Avg AGI
US: $72,000
$131,468
183%
Avg Weekly Wage
US: $1,432
$1,297
91%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,297
9% below US avg ($1,432)
Mean Commute Time
25 min
10% below US avg (28 min)
Work From Home
20.9%
38% above US avg (15.2%)
Drive Alone
73.8%
1% above US avg (73.2%)
Public Transit
0.8%
85% below US avg (5.0%)
County GDP
$7,614M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
73.8%
Public Transit
0.8%
Work From Home
20.9%
Other
4.5%
Average commute time
25 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,874
Restaurants
188
Healthcare
268
Retail
232
Manufacturing
153
Tax & Financial
IRS Avg Adjusted Gross Income
$131,468
83% above US avg ($72,000)
Avg Property Tax
$6,648
90% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $104,929 |
| Per Capita Income | $50,332 |
| IRS Avg Adjusted Gross Income | $131,468 |
| Avg Weekly Wage | $1,297 |
| County GDP | $7,614M |
Hardship Indicators
| Unemployment Rate | 3.1% |
| Poverty Rate | 3.7% |
| Gini Coefficient | 0.415 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 25 minutes |
| Drive Alone | 73.8% |
| Public Transit | 0.8% |
| Work From Home | 20.9% |
Businesses
| Total Establishments | 2,874 |
| Restaurants | 188 |
| Healthcare | 268 |
| Retail | 232 |
| Manufacturing | 153 |
Tax
| IRS Avg AGI | $131,468 |
| Avg Property Tax | $6,648 |