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Wanda, MN

Full City Profile · Minnesota · Redwood County County

4.4 /5.0
A Great
79 Population 304/sq mi density
$80,893 Median Income $68,268 per capita
$202,300 Home Value $90,091 Zillow
44°F Avg Temperature 276 sunny days/yr
A
Overall
4.4 / 5.0
Strong
A+
Economy
4.6 / 5.0
$80,893 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$202,300 home value, /mo rent
B+
Education
3.7 / 5.0
34.2% bachelor's degree or higher

Housing Overview

Median Home Value
$202,300
28% below
US avg: $281,900
Homeownership Rate
73.3%
12% above US avg (65.4%)
Total Housing Units
57
Median year built: 1953

Home Value by Source

Census Median
$202,300
Zillow (ZHVI)
$90,091
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.3%
Owner-Occupied
26.7%
Renter-Occupied
73%
27%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo

Affordability & Housing Stock

Rent Burden
25.1%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
73.3%

Complete Housing Data

Home Values

Census Median Value$202,300
Zillow Home Value (ZHVI)$90,091

Rent

FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Ownership & Stock

Owner-Occupied73.3%
Renter-Occupied26.7%
Homeownership Rate73.3%
Total Housing Units57
Median Year Built1953
Rent Burden25.1%