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Waconia, MN

Last updated
Key Indicators
A quick look at key numbers

Population

13,434
Source: U.S. Census Bureau American Community Survey (ACS) 2020-2024 5-Year Estimates

Median Age

38.4
years ∙ half population younger than 38.4, half older

Diversity Index

Low High
18.4%
chance two random people differ in race and ethnicity

Nativity

2.8%
foreign-born population
97.2%Native
2.8% Foreign-born

Geographic Context

Location, size, and surroundings

About

Waconia is a city within Carver County, Minnesota, United States.
Location
City in Carver County, MN, US
Co-ordinates
DEC44.841530° N, 93.790092° W
DMS44° 50′ 29.51″ N, 93° 47′ 24.33″ W

Population Density & area

2,395/sq mi (924.6/km²)
Total Area
5.65 sq mi (14.62 km²)
Land Area
5.61 sq mi (14.53 km²) · 99.37%
Water Area
0.04 sq mi (0.09 km²) · 0.63%

Demographics & Living

Who lives here, how households are formed, and community composition

Population Composition

Key characteristics of the population

Sex Distribution

50.4% male
Male 50.4%
Female 49.6%
males per 100 females
Waconia 101.5
Carver County 100.8
Minnesota 100.4

Nativity

2.8%
foreign-born population
97.2%Native
2.8% Foreign-born
% Foreign-born
Waconia 2.8%
Carver County 5.6%
Minnesota 8.7%
Age Distribution
How the population is spread across age groups

Median Age

38.4
years ∙ half population younger than 38.4, half older
Waconia
38.4
Carver County
39
Minnesota
38.8

Dependency ratio

Low High
67.8
dependents per 100 working-age adults
Waconia 67.8
Carver County 66
Minnesota 67.1

AGE DISTRIBUTION

Distribution of age group
Median age
Waconia Carver County Minnesota
Age Group
Children (Under 18) 25.5% 25.2% 22.9%
Working age (18-64) 59.6% 60.3% 59.8%
Senior (65+) 14.9% 14.5% 17.3%
Dependency ratio
Total dependency ratio 67.8 66 67.1
Child dependency ratio 42.8 41.9 38.2
Old-age dependency ratio 25 24.2 28.9
Racial & Ethnic Composition
Racial and ethnic makeup and how it compares

Race & Ethnicity

White
90.1%
Black
0.9%
Asian
0.1%
Hispanic
3.9%
Other
5%
Note: White, Black, and Asian refer to individuals belonging to a single race and not of Hispanic origin. Hispanics may be of any race.

Diversity Index

Low High
18.4%
chance two random people differ in race and ethnicity
Waconia 18.4%
Carver County 26.3%
Minnesota 41%
Note: The Diversity Index (DI), based on the Blau Index, measures the probability that two randomly selected individuals differ in race and ethnicity. Values range from 0 (no diversity) to 1 (high diversity) and are shown as percentages.

RACIAL & ETHNIC COMPOSITION

Race & Ethnicity
Percentage of Waconia population
Racial and ethnic composition — Waconia vs Carver County vs Minnesota. Source: ACS 2020-2024 5-Year Estimates.
Waconia Carver County Minnesota
Hispanic or Latino 3.9% 5.1% 6.4%
Mexican 1.8% 2.4% 3.9%
Puerto Rican 0% 0.2% 0.3%
Cuban 0% 0.1% 0.1%
Other Hispanic / Latino 2.1% 2.4% 2%
Not Hispanic or Latino 96.1% 94.9% 93.6%
One race 91.1% 91% 89.1%
White 90.1% 85.5% 75.9%
Black or African American 0.9% 1.6% 6.9%
American Indian and Alaska Native 0% 0.1% 0.7%
Asian 0.1% 3.3% 5.1%
Native Hawaiian and Other Pacific Islander 0% 0% 0%
Some Other Race 0.1% 0.3% 0.5%
Two or more races (Multiracial) 5% 3.9% 4.5%
Household & Families Composition
Household size, type, and family structure

Household structure

72.1% family
Family 72.1%
Non family 27.9%
% family households
Waconia 72.1%
Carver County 73.4%
Minnesota 62.3%

Average household size

2.57
persons per household
Waconia
2.57
Carver County
2.65
Minnesota
2.43

Household & Family COMPOSITION

Households
Percentage of Waconia population
Waconia Carver County Minnesota
Total households 5,151 41,175 2,307,955
Average houshold size 2.57 2.65 2.43
Family households 3,716 30,217 1,438,404
Average family size 3 3.08 3.04
Married couple family 3,110 24,984 1,129,003
Other families 606 5,233 309,401
Male householder 151 1,595 102,922
Female householder 455 3,638 206,479
Non-family households 1,435 10,958 869,551
One-person households 1,150 8,617 686,475
Male householder 556 3,811 320,418
Senior (65+) living alone 105 962 97,557
Female householder 594 4,806 366,057
Senior (65+) living alone 419 2,711 186,557
Other living arrangements 285 2,341 183,076

Housing Profile

Housing stock, ownership, rentals, and cost burdens

Total housing units

5,291
housing units
Waconia 5,291
Carver County 42,270
Minnesota 2,545,030

Occupancy status

97.4% occupied
Occupied 97.4%
Vacant 2.6%
vacancy rate
Waconia 2.6%
Carver County 2.6%
Minnesota 9.3%
Housing Characteristics
How the housing supply is structured and used

Types of Housing unit

83.5%
Single family houses
Single family houses
83.5%
Apartments in multi-unit structures
15.8%
Mobile homes
0.3%
Boat, RV, van, etc
0.3%

Median Year Built

2001
Half of houses were built before 2001, and half after.
Historic ∙ 1939 or earlier
5.2%
Postwar & mid-century ∙ 1940 - 1969
9.9%
Late 20th century ∙ 1970 - 1999
31.5%
Modern ∙ 2000 or later
53.3%
Note: Median year built reflects occupied units only; distribution includes all units.

Housing Characteristics

Units, rooms & bedrooms
Physical characteristics of housing units
Waconia Carver County Minnesota
Rooms per unit
Median rooms 7.1 7.3 6.1
1–3 rooms 10.2% 7.2% 14.9%
4–6 rooms 31.3% 33.9% 41.4%
7+ rooms 58.5% 58.9% 43.7%
Bedrooms
No bedroom / studio 1.5% 0.9% 2.7%
1 bedroom 5.9% 5.2% 11.4%
2 bedrooms 18.6% 17% 24.5%
3 bedrooms 27.6% 30.4% 32.2%
4+ bedrooms 46.4% 46.5% 29.1%
At a glance
Median year built 2001 1996 1979
Total housing units 5,291 42,270 2,545,030
Occupancy Profile
Who is inside and how they use it

Homeownership

80.3% owners
Renter-occupied 19.7%
Owner-occupied 80.3%
homeownership rate
Waconia 80.3%
Carver County 81.5%
Minnesota 72.2%

Average household size

2.69
Owner-occupied
2.08
Renter-occupied
owner-occupied average size
Waconia 2.69
Carver County 2.79
Minnesota 2.59

Housing Characteristics

Occupied unit characteristics
Tenure, crowding, and utilities
Waconia Carver County Minnesota
Total occupied units 5,151 41,175 2,307,955
Year moved in
2020 or later 32.2% 22.3% 23.8%
2010 to 2019 40.5% 42.7% 38.9%
2000 to 2009 17.5% 17% 16.1%
1999 or earlier 9.7% 18% 21.2%
Occupants per room
1.00 or fewer 98.7% 98.9% 97.7%
1.01 to 1.50 0.6% 0.6% 1.5%
1.51 or more 0.7% 0.5% 0.8%
Vehicles availability
No vehicles 5.6% 3.8% 6.7%
1 vehicle 20.1% 23.7% 30.8%
2 vehicles 55.8% 46.8% 39.5%
3 or more vehicles 18.5% 25.7% 23.1%
House heating fuel used
Gas 81.8% 82.9% 75.9%
Electricity 16.4% 15% 19.4%
Solar 0% 0% 0.1%
Fuel oil, kerosene etc 0.2% 0.6% 1.3%
All other fuels 0.2% 0.8% 2.5%
No fuel used 1.5% 0.6% 0.9%
Selected characteristics
Lacking complete plumbing 0.3% 0.2% 0.4%
Lacking complete kitchen 1.6% 0.6% 0.7%
No telephone service available 0% 0.4% 0.7%
Housing Value
What owner-occupied units are worth

Median home value

$431,000
owner-occupied units
Median value(USD)
Waconia
$431,000
Carver County
$453,600
Minnesota
$329,300

Housing Cost Burden

25%
of homeowners with a mortgage are cost-burdened
% Cost-Burdened Households
Owners with a mortgage
25%
Owners without a mortgage
13.1%
Renters
44.2%
Note: Households spending 30% or more of their income on housing costs are considered cost-burdened.

Financial characteristics

Property value and housing costs
Tenure, crowding, and utilities
Waconia Carver County Minnesota
Property value
Median Value $431,000 $453,600 $329,300
Under $100,000 1.5% 4.1% 7.7%
$100,000 - $200,000 0.5% 2.7% 13.3%
$200,000 - $300,000 11.9% 12.7% 22.6%
$300,000 - $500,000 58.1% 39.1% 36.9%
$500,000 - $1,000,000 25% 36% 17%
$1,000,000 and more 2.9% 5.4% 2.6%
Owner-occupied households
With a mortgage 77.6% 71.3% 64%
Without a mortgage 22.4% 28.7% 36%
Median monthly owner costs
With a mortgage $2,438 $2,504 $1,947
Without a mortgage $803 $841 $698
Gross rent
Median rent $1,330 $1,514 $1,280

Education Profile

How educated is the community and how education pays off

Adults with a college degree

48.9%
of adults 25+ with a bachelor's degree or higher
Waconia 48.9%
Carver County 50.4%
Minnesota 39.4%

Adults without a high school diploma

1.5%
of adults (25+) without a high school diploma
Waconia 1.5%
Carver County 3%
Minnesota 6.1%
School Enrollment
Who is enrolled in school and at what level

School enrollment

3,209
population (age 3+) enrolled in school
Nursery / Preschool
8.6%
K–12
80%
College / Undergraduate
7.9%
Graduate / Professional
3.5%

College-going rate (18-24 yr olds)

20.8%
of 18-24-year-olds in college or graduate school
Waconia
20.8%
Carver County
30.6%
Minnesota
39.1%

Enrollment & school type

Enrollment levels, college-going rate, and public vs private school split
Population 3+ currently enrolled in a school
Waconia Carver County Minnesota
Total enrolled (age 3+) 3,209 28,666 1,385,086
Nursery / preschool 8.6% 8.3% 6.2%
K–12 80% 76.2% 69.9%
Kindergarten 3.8% 5.1% 5.2%
Elementary: Grades 1–4 22.3% 24.3% 20.6%
Elementary: Grades 5–8 28.9% 20.9% 21.7%
High School: Grades 9–12 24.9% 25.8% 22.4%
College or graduate school 11.4% 15.5% 23.9%
College, undergraduate 7.9% 12.1% 18.8%
Graduate, professional school 3.5% 3.5% 5.1%
College-going rate · 18-24 yr olds 20.8% 30.6% 39.1%
School type
Public school 87.6% 80.3% 83.3%
Private school 12.4% 19.7% 16.7%
Education Attainment by Level & Gender
What is the highest level of education completed among adults

Education attainment

9,164
population 25 years and over
Total adults (25+)
Less than 9th grade
0.3%
9th-12th, no diploma
1.2%
HS graduate
18.1%
Some college no degree
20.6%
Associates degree
10.8%
Bachelors degree
34.4%
Graduate or professional degree
14.5%

Attainment by gender

Male vs Female
Adults (25+) · Share within each education level
% male · % female
Less than 9th grade
22.6% · 77.4%
9th-12th, no diploma
54.1% · 45.9%
HS graduate
38.9% · 61.1%
Some college no degree
44.9% · 55.1%
Associates degree
62.5% · 37.5%
Bachelors degree
48.1% · 51.9%
Graduate or professional degree
57.4% · 42.6%

Educational Attainment Overview

Distribution and key education attainment rates for adults (25+)
Highest credential completed · adults 25+
Waconia Carver County Minnesota
Population (25+) 9,164 73,557 3,923,744
Less than 9th grade 0.3% 1.4% 2.7%
9th–12th, no diploma 1.2% 1.6% 3.4%
High school diploma or GED 18.1% 18.1% 23.3%
Some college, no degree 20.6% 17.1% 19.5%
Associate's degree 10.8% 11.3% 11.8%
Bachelor's degree or higher 48.9% 50.4% 39.4%
Bachelor's degree 34.4% 33.6% 25.6%
Graduate or professional 14.5% 16.9% 13.8%
High School or higher 98.5% 97% 93.9%
Earnings by education level
percentage as applicable

Median Earnings

$72,309
Median earnings for adults 25+, by level
Less than HS graduate
$—
HS graduate
$36,712
Some college or associates
$53,159
Bachelors degree
$82,788
Graduate or professional degree
$101,447

Poverty Rate

1.3%
for ages 25+, with bachelors degree or higher
Less than HS graduate
34.5%
HS graduate
11.3%
Some college or associates
3.6%
Bachelors degree or higher
1.3%

Outcomes by Education Level

Earnings and poverty rates across education levels (25+)
Adults 25+
Waconia Carver County Minnesota
Median earnings
Population 25+, with earnings $72,309 $74,750 $58,615
Less than high school graduate $— $44,363 $36,257
High school graduate (includes equivalency) $36,712 $46,964 $42,951
Some college or associate's degree $53,159 $60,940 $51,845
Bachelor's degree $82,788 $88,199 $73,301
Graduate or professional degree $101,447 $115,195 $89,644
Poverty rates
Less than high school graduate 34.5% 9.1% 23.7%
High school graduate (includes equivalency) 11.3% 10% 12.3%
Some college or associate's degree 3.6% 5% 7.8%
Bachelor's degree or higher 1.3% 1.7% 3.2%

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