Pros and Cons of Living In Waconia, Minnesota. Is Waconia, MN a Nice Place To Live or Retire?

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Waconia, Minnesota

Moving to Waconia In Minnesota ? Is Waconia, MN a Nice Place To Live? Pros and Cons of Living in Waconia, Minnesota. Find out the best and worst about to live, raise a family or retire in Waconia.

Waconia ( wə-KOHN-yə or wə-KOH-nee-ə) is a city in Carver County, Minnesota, United States. Waconia attracts visitors to nearby Lake Waconia, a lake locally renowned for its fishing and recreation opportunities.

The city's population was 13,033 at the 2020 census.

DEMOGRAPHICS

Population
12281
Unemployment
2.1%
55% NAT AVG.
Poverty
2.7%
81% NAT AVG.
Cost Of Living
111
11% NAT AVG.

ECONOMICS

Median Home Cost
$321500
40% NAT AVG.
Median Income
$100583
49% NAT AVG.
Median Rent
$1059
9% NAT AVG.
Overall Score
6

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 37
Unemployed People
1 in 48
People Earning < $10,000
1 in 43
People Earning < $50,000
23.1%
People With Any Degree
1 in 1.6

ETHNICITY

Ethnicity Waconia USA
White 94.4% 60.1%
African American 1.1% 12.2%
American Indian 0% 0.6%
Asian 0.1% 5.6%
Hawaiian 0% 0.2%
Multiracial 0.8% 2.8%
Hispanic 3.5% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Waconia USA
Less than $10,000 2.3% 5.8%
$10,000 to $14,999 4% 4.1%
$15,000 to $24,999 3.6% 8.5%
$25,000 to $34,999 7.8% 8.6%
$35,000 to $49,999 5.4% 12.0%
$50,000 to $74,999 13.2% 17.2%
$75,000 to $99,999 13.1% 12.8%
$100,000 to $149,999 19.7% 15.6%
$150,000 to $199,999 17.2% 7.1%

EDUCATION

Education Waconia USA
< 9th Grade 2% 5.0%
9-12th Grade 1% 7.0%
High School or GED 16% 27.0%
Other College 18% 20.0%
Associate's Degree 13% 9%
Bachelor's Degree 35% 20.0%
Master's Degree 12% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 1% 1.0%
Waconia is a city in Minnesota state in USA with a population of 12281 residents.. The poverty rate of Waconia is 2.7%, which is 81% lower than national average. The typical household in Waconia earns $100583 a year, compared to the national median of $67,500. Nearly 23.1% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Waconia remained 2.1%, which is 55% lower than national rate.

Cost of living in Waconia is 111, which is 11% higher than national average. In Waconia, only 50% of adults have a bachelor's degree and 31% have some college but no degree. Median home value in Waconia is $321500 , which is 40% higher than national average. While median income in Waconia remained $100583, which is 49% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Waconia Scorecard

Jobs90%

Housing85%

Affordability80%

Safety85%

Amenities85%

Diversity40%

Education90%

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