Independence vs Wayzata

A side-by-side comparison of Independence and Wayzata: population, income, housing, and more.

Independence and Wayzata are places in Minnesota. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Wayzata has the higher population (4,363 vs 3,695 in Independence). Independence has the higher median household income ($194,205 vs $125,344 in Wayzata). Wayzata has the higher median home value ($1,047,400 vs $757,800 in Independence).

Population, income & housing

	Independence	Wayzata
Population	3,695	4,363
Median age	45.9 yrs	58.5 yrs
Median household income	$194,205	$125,344
Median home value	$757,800	$1,047,400
Median gross rent	$3,500	$1,507
Housing units	1,360	2,566
Homeownership rate	91.6%	60.3%
Bachelor's degree or higher	62.9%	72.2%
Unemployment rate	0.0%	1.4%

Trends (ACS 5-year, 2019–2023)

	Independence	Wayzata
Population	3,776 → 3,695 (-2.1%)	4,561 → 4,363 (-4.3%)
Median household income	$129,732 → $194,205 (+49.7%)	$86,852 → $125,344 (+44.3%)
Median home value	$502,900 → $757,800 (+50.7%)	$523,600 → $1,047,400 (+100.0%)
Median gross rent	$1,637 → $3,500 (+113.8%)	$1,163 → $1,507 (+29.6%)

Independence

Population

3,7763,695

Median household income

$129,732$194,205

Median home value

$502,900$757,800

Median gross rent

$1,637$3,500

Wayzata

Population

4,5614,363

Median household income

$86,852$125,344

Median home value

$523,600$1,047,400

Median gross rent

$1,163$1,507

Age & race/ethnicity

Age distribution (share)

	Independence	Wayzata
Under 5	8.1%	6.7%
5 to 17	18.8%	7.6%
18 to 24	3.3%	4.5%
25 to 34	3.4%	10.8%
35 to 44	13.9%	6.6%
45 to 54	13.9%	8.3%
55 to 64	18.6%	16.8%
65 to 74	12.9%	15.7%
75 and over	7.1%	23.0%

Race & ethnicity (share)

	Independence	Wayzata
White (non-Hispanic)	88.1%	87.1%
Black or African American	1.4%	0.8%
American Indian & Alaska Native	0.0%	0.0%
Asian	1.8%	3.3%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	6.5%	3.7%
Hispanic or Latino	2.2%	5.2%

Educational attainment (age 25+)

Share of adults 25+

	Independence	Wayzata
No high school diploma	3.1%	2.0%
High school graduate	15.7%	9.8%
Some college or associate's	18.2%	16.0%
Bachelor's degree	41.0%	45.4%
Graduate or professional degree	21.9%	26.7%

Commute to work

How workers get to work (share)

	Independence	Wayzata
Drove alone	60.1%	62.7%
Carpooled	11.1%	3.2%
Public transit	0.0%	0.0%
Walked	0.9%	3.0%
Bicycle	0.0%	0.0%
Worked from home	27.0%	31.2%
Other means	0.9%	0.0%

Housing

Units in structure (share)

	Independence	Wayzata
1-unit, detached	94.9%	39.0%
1-unit, attached	1.3%	9.8%
2 to 4 units	0.0%	0.7%
5 to 19 units	0.0%	9.0%
20 or more units	3.9%	41.4%
Mobile home & other	0.0%	0.0%

Poverty & households

	Independence	Wayzata
Poverty rate	0.5%	6.3%
Average household size	2.78	2.02
Mean commute (minutes)	26	18
Median year structure built	1989	1985