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
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-Occupied | 73.3% |
| Renter-Occupied | 26.7% |
| Homeownership Rate | 73.3% |
| Total Housing Units | 57 |
| Median Year Built | 1953 |
| Rent Burden | 25.1% |
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