At a Glance
Median Income
$125,344
$128,742 per capita
Home Value
$1,047,400
Zillow: $945,012
Median Rent
$1,507/mo
31.4% of income on rent
Violent Crime
112/100K
1,123/100K property
Bachelor's Degree+
72.2%
98.0% high school+
Unemployment
1.4%
1.9% poverty rate
Obesity Rate
24.4%
8.3% smoking rate
How Wayzata Compares to the U.S. Average
Each bar shows Wayzata's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Wayzata a Good Place to Live?
B
3.2 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Wayzata residents earn a median household income of $125,344 , which is 67% above the national average of $75,149.
Per capita income is $128,742. The unemployment rate stands at 1.4% (61% below the U.S. rate of 3.6%). 1.9% of residents live below the poverty line. The area is home to 2,874 business establishments, including 188 restaurants.
Housing & Cost of Living
The median home value in Wayzata is $1,047,400 , 272% above the national median of $281,900.
Zillow estimates the typical home at $945,012. Median rent is $1,507/month, with 31.4% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1983.
Safety & Crime
Wayzata reports 112 violent crimes per 100,000 residents
, which is 70% below the national average of 380/100K.
Property crime is 1,123/100K.
Education
72.2% of adults in Wayzata hold a bachelor's degree or higher
(114% above the national average).
98.0% have completed high school. Local schools score 7.2/10 in standardized testing.
Climate & Weather
Wayzata has an average annual temperature of 47°F (8°C).
Winters average 16°F in January while summers reach 74°F in July. Annual precipitation totals 30.6 inches.
Data Overview
People
Population4,363
Median Age58.5 yrs
Density1,412/mi²
Male / Female50% / 50%
Foreign Born9.8%
Veterans9.8%
Economy
A+
Median Income$125,344
Per Capita$128,742
Unemployment1.4%
Poverty1.9%
County GDP$7,614M
Avg Weekly Wage$1,297
Housing
D
Home Value$1,047,400
Rent$1,507
Ownership60.3%
Zillow$945,012
Housing Units2,557
Rent Burden31.4%
Crime
F
Violent112/100K
Property1,123/100K
Health
Obesity24.4%
Diabetes5.8%
Smoking8.3%
Heart Disease3.9%
Premature Death3,990/100K
Climate
Avg Temp47°F
Rain30.6 in/yr
Elevation934 ft
Education
A+
Bachelor's+72.2%
High School+98.0%
Graduate+26.4%
School Score7.2/10
Community
2024 VoteR 52% / D 46%
Commute18 min
Broadband84.5%
Internet Speed126 Mbps
EV Stations11
Libraries7
Did You Know?
The median home in Wayzata was built in 1983.
31.2% work from home.
The nearest airport is Minneapolis-St Paul International/Wold-Chamberlain (16 miles).
The Gini coefficient (income inequality) is 0.415 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
13.7% of the population has a disability.
Average internet download speed is 126 Mbps.
There are 188 restaurants in the area.
The county recorded 9 fatal vehicle crashes.