All Countries
Wayzata, MN
Full City Profile · Minnesota · Carver County County
3.2
/5.0
B
Good
4,363
Population
1,412/sq mi density
$125,344
Median Income
$128,742 per capita
$1,047,400
Home Value
$892,238 Zillow
$1,507
Median Rent
31.4% income on rent
45°F
Avg Temperature
270 sunny days/yr
15
Violent Crime/100K
1,494 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$125,344 median income, 0.7% unemployment
D
Affordability
1.9 / 5.0
$1,047,400 home value, $1,507/mo rent
F
Safety
1.0 / 5.0
15 violent crimes/100K
A+
Education
5.0 / 5.0
72.2% bachelor's degree or higher
Income Overview
Median Household Income
$125,344
67% above
US avg: $75,149
Per Capita Income
$128,742
230% above
US avg: $39,052
Unemployment Rate
0.7%
81% below
US avg: 3.6%
Poverty Rate
1.9%
85% below
US avg: 12.4%
Income Comparison: Wayzata vs. U.S. Average
Each bar shows Wayzata’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$125,344
167%
Per Capita
US: $39,052
$128,742
330%
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
18 min
36% below US avg (28 min)
Work From Home
31.2%
105% above US avg (15.2%)
Drive Alone
62.7%
14% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$7,614M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
62.7%
Public Transit
0%
Work From Home
31.2%
Other
6.1%
Average commute time
18 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 | $125,344 |
| Per Capita Income | $128,742 |
| IRS Avg Adjusted Gross Income | $131,468 |
| Avg Weekly Wage | $1,297 |
| County GDP | $7,614M |
Hardship Indicators
| Unemployment Rate | 0.7% |
| Poverty Rate | 1.9% |
| Gini Coefficient | 0.415 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 18 minutes |
| Drive Alone | 62.7% |
| Public Transit | 0.0% |
| Work From Home | 31.2% |
Businesses
| Total Establishments | 2,874 |
| Restaurants | 188 |
| Healthcare | 268 |
| Retail | 232 |
| Manufacturing | 153 |
Tax
| IRS Avg AGI | $131,468 |
| Avg Property Tax | $6,648 |