Waconia, Minnesota
Moving to or Living in Waconia Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Waconia, Minnesota
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About Waconia, Minnesota
Is Waconia, Minnesota a good place to live?
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.
A high school education is a basic prerequisite for most jobs, and in Waconia, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Waconia remained 2.1%, which is 55% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Waconia, only 50% of adults have a bachelor's degree and 31% have some college but no degree.
Cost of living in Waconia is 111, which is 11% higher than national average. 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.
A high school education is a basic prerequisite for most jobs, and in Waconia, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Waconia remained 2.1%, which is 55% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Waconia, only 50% of adults have a bachelor's degree and 31% have some college but no degree.
Cost of living in Waconia is 111, which is 11% higher than national average. 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.
Population
12281
Unemployment
2.1%
Poverty
2.7%
Overall Score
6
Median Home
$321500
40%
NAT AVG.
Median Income
$100583
49%
NAT AVG.
Median Rent
$1059
9%
NAT AVG.
Cost Of Living
111
11%
NAT AVG.
People Living BPL
1 in 37
Unemployed People
1 in 48
People Earning < $10,000
1 in 43
People Earning < $50,000
23.1%
People with <= High School
1 in 5.3
People With Any Degree
1 in 1.6
Pros & Cons Overview
Jobs90%
Housing85%
Affordability80%
Safety85%
Amenities85%
Diversity40%
Education90%
Commute60%
Cost of Living
Expense | Waconia | Minnesota | National Avg. |
---|---|---|---|
Services | 112 | 106 | 100 |
Groceries | 102 | 102 | 100 |
Health | 102 | 113 | 100 |
Housing | 123 | 101 | 100 |
Transportation | 100 | 102 | 100 |
Utilities | 98 | 98 | 100 |
Cost of Living
Gender
Gender | Waconia | Minnesota | Country |
---|---|---|---|
Female | 50.9% | 50.2% | 50.8% |
Male | 49.1% | 49.8% | 49.2% |
Gender
Household Income
Income | Waconia | Minnesota | Country |
---|---|---|---|
Less than $10,000 | 2.3% | 4.1% | 5.8% |
$10,000 to $14,999 | 4% | 3.4% | 4.1% |
$15,000 to $24,999 | 3.6% | 7% | 8.5% |
$25,000 to $34,999 | 7.8% | 7.5% | 8.6% |
$35,000 to $49,999 | 5.4% | 11.5% | 12.0% |
$50,000 to $74,999 | 13.2% | 17.4% | 17.2% |
$75,000 to $99,999 | 13.1% | 14.1% | 12.8% |
$100,000 to $149,999 | 19.7% | 18.3% | 15.6% |
$150,000 to $199,999 | 17.2% | 8.2% | 7.1% |
$200,000 or more | 13.7% | 8.5% | 8.3% |
Education
Education | Waconia | Minnesota | Country |
---|---|---|---|
< 9th Grade | 2% | 3% | 5.0% |
9-12th Grade | 1% | 4% | 7.0% |
High School or GED | 16% | 24% | 27.0% |
Other College | 18% | 21% | 20.0% |
Associate's Degree | 13% | 12% | 9% |
Bachelor's Degree | 35% | 24% | 20.0% |
Master's Degree | 12% | 9% | 9.0% |
Professional Degree | 2% | 2% | 2.0% |
Doctorate Degree | 1% | 1% | 1.0% |
Household Income
Education
Race / Ethnicity
Ethnicity | Waconia | Minnesota | Country |
---|---|---|---|
White | 94.4% | 79% | 60.1% |
African American | 1.1% | 6.3% | 12.2% |
American Indian | 0% | 0.9% | 0.6% |
Asian | 0.1% | 4.9% | 5.6% |
Hawaiian | 0% | 0% | 0.2% |
Other | 0.1% | 0.3% | 0.3% |
Multiracial | 0.8% | 3.1% | 2.8% |
Hispanic | 3.5% | 5.5% | 18.2% |