Waconia, MN
Real Estate & Demographic Data

Waconia profile

Living in Waconia

Waconia is a somewhat small city located in the state of Minnesota. With a population of 13,033 people and three constituent neighborhoods, Waconia is the 86th largest community in Minnesota. Much of the housing stock in Waconia was built relatively recently. The construction of new real estate can often be taken as an indication that the local Waconia economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Waconia, where the median household income is $100,583.00.

Waconia real estate is some of the most expensive in Minnesota, although Waconia house values don't compare to the most expensive real estate in the U.S.

Waconia is a decidedly white-collar city, with fully 87.70% of the workforce employed in white-collar jobs, well above the national average. Overall, Waconia is a city of professionals, sales and office workers, and managers. There are especially a lot of people living in Waconia who work in management occupations (15.78%), sales jobs (14.81%), and office and administrative support (10.52%).

Also of interest is that Waconia has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.68% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Because of many things, Waconia is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Waconia really has some of the features that families look for when choosing a good community to raise children. Is Waconia perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

Do you like to read, write and learn? If you move to Waconia, you'll likely find that many of your neighbors like to as well. Waconia is one of the more educated communities in America, with a full 50.04% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in Waconia in 2018 was $41,597, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $166,388 for a family of four.

The people who call Waconia home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Waconia residents report their race to be White, followed by Black or African-American. Important ancestries of people in Waconia include German, Norwegian, Swedish, Irish, and Polish.

The most common language spoken in Waconia is English. Other important languages spoken here include Spanish and French.

Real Estate in Popular Waconia Neighborhoods

Zip Codes in Waconia, MN