Wayzata

Population: 4,363
Median household income: $125,344
Median home value: $1,047,400

Wayzata is a community in Hennepin County, Minnesota, home to 4,363 residents. At $125,344, its median household income sits above Hennepin County's $96,339.

Between 2019 and 2023, Wayzata's population declined 4.3% from 4,561 to 4,363, while its median home value rose 100.0% from $523,600 to $1,047,400.

The median resident is 58.5 years old. The largest age group is 75 and over, 23.0% of residents.

Demographics

ACS 2019–2023

Population: 4,363
Median age: 58.5 yrs
Median household income: $125,344
Median home value: $1,047,400
Median gross rent: $1,507
Housing units: 2,566
Homeownership rate: 60.3%
Bachelor's degree or higher: 72.2%
Unemployment rate: 1.4%

Trends

ACS 5-year · 2019–2023

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

Year	Population	Median household income	Median home value	Median gross rent
2019	4,561	$86,852	$523,600	$1,163
2020	4,591	$88,431	$596,400	$1,150
2021	4,367	$94,097	$677,900	$1,352
2022	4,365	$118,456	$935,500	$1,523
2023	4,363	$125,344	$1,047,400	$1,507

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 56.7%

5 to 177.6%

18 to 244.5%

25 to 3410.8%

35 to 446.6%

45 to 548.3%

55 to 6416.8%

65 to 7415.7%

75 and over23.0%

	Count	Share
Under 5	291	6.7%
5 to 17	332	7.6%
18 to 24	195	4.5%
25 to 34	471	10.8%
35 to 44	288	6.6%
45 to 54	363	8.3%
55 to 64	735	16.8%
65 to 74	686	15.7%
75 and over	1,002	23.0%

Race & ethnicity

	Count	Share
White (non-Hispanic)	3,798	87.1%
Black or African American	35	0.8%
American Indian & Alaska Native	0	0.0%
Asian	143	3.3%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	161	3.7%
Hispanic or Latino (any race)	226	5.2%

Educational attainment (age 25+)

No high school diploma2.0%

High school graduate9.8%

Some college or associate's16.0%

Bachelor's degree45.4%

Graduate or professional degree26.7%

	Count	Share
No high school diploma	70	2.0%
High school graduate	349	9.8%
Some college or associate's	568	16.0%
Bachelor's degree	1,611	45.4%
Graduate or professional degree	947	26.7%

Commute to work

Mean travel time to work: 18 min

Drove alone62.7%

Carpooled3.2%

Public transit0.0%

Walked3.0%

Bicycle0.0%

Worked from home31.2%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	1,092	62.7%
Carpooled	56	3.2%
Public transit	0	0.0%
Walked	52	3.0%
Bicycle	0	0.0%
Worked from home	543	31.2%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	347	28.9%
15 to 29 min	687	57.3%
30 to 44 min	166	13.8%
45 to 59 min	0	0.0%
60+ min	0	0.0%

Households

Average household size: 2.02
Poverty rate: 6.3% (276 of 4,363)

	Count	Share
Family households	1,265	58.9%
Nonfamily households	884	41.1%

Housing

Median year structure built: 1985

Occupancy

	Count	Share
Occupied	2,149	83.7%
Vacant	417	16.3%

Tenure (of occupied units)

	Count	Share
Owner-occupied	1,296	60.3%
Renter-occupied	853	39.7%

1-unit, detached39.0%

1-unit, attached9.8%

2 to 4 units0.7%

5 to 19 units9.0%

20 or more units41.4%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	1,001	39.0%
1-unit, attached	252	9.8%
2 to 4 units	18	0.7%
5 to 19 units	232	9.0%
20 or more units	1,063	41.4%
Mobile home & other	0	0.0%

Geography

Place GEOID: 2768818
Type (LSAD): 25
Land area: 3.09 sq mi
Water area: 1.6 sq mi
Center point: 44.9700, -93.5182