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Wayzata, MN
Key Indicators
A quick look at key numbers
Population
4,354
Source: U.S. Census Bureau American Community Survey (ACS) 2020-2024 5-Year Estimates
Median Age
55.7
years ∙ half population younger than 55.7, half older
Diversity Index
23.1%
chance two random people differ in race and ethnicity
Nativity
9.4%
foreign-born population
Geographic Context
Location, size, and surroundings
About
Wayzata is a city within Hennepin County, Minnesota, United States.
Co-ordinates
DEC44.969981° N, 93.518214° W
DMS44° 58′ 11.93″ N, 93° 31′ 05.57″ W
Population Density & area
1,409/sq mi
(543.6/km²)
Demographics & Living
Who lives here, how households are formed, and community composition
Population Composition
Key characteristics of the population
Sex Distribution
46.4%
male
Male
46.4%
Female
53.6%
males per 100 females
Wayzata
86.7
Hennepin County
98.8
Minnesota
100.4
Nativity
9.4%
foreign-born population
% Foreign-born
Wayzata
9.4%
Hennepin County
13.6%
Minnesota
8.7%
Age Distribution
How the population is spread across age groups
Median Age
55.7
years ∙ half population younger than 55.7, half older
Dependency ratio
119.9
dependents per 100 working-age adults
Wayzata
119.9
Hennepin County
59.2
Minnesota
67.1
AGE DISTRIBUTION
Distribution of age group
Median age
| Wayzata | Hennepin County | Minnesota | |
|---|---|---|---|
| Age Group | |||
| Children (Under 18) | 18.9% | 21.6% | 22.9% |
| Working age (18-64) | 45.5% | 62.8% | 59.8% |
| Senior (65+) | 35.6% | 15.6% | 17.3% |
| Dependency ratio | |||
| Total dependency ratio | 119.9 | 59.2 | 67.1 |
| Child dependency ratio | 41.6 | 34.4 | 38.2 |
| Old-age dependency ratio | 78.3 | 24.8 | 28.9 |
Racial & Ethnic Composition
Racial and ethnic makeup and how it compares
Race & Ethnicity
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
23.1%
chance two random people differ in race and ethnicity
Wayzata
23.1%
Hennepin County
54.3%
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 Wayzata population
| Wayzata | Hennepin County | Minnesota | |
|---|---|---|---|
| Hispanic or Latino | 5% | 7.8% | 6.4% |
| Mexican | 3.1% | 4.4% | 3.9% |
| Puerto Rican | 0% | 0.4% | 0.3% |
| Cuban | 0% | 0.2% | 0.1% |
| Other Hispanic / Latino | 1.9% | 2.8% | 2% |
| Not Hispanic or Latino | 95% | 92.2% | 93.6% |
| One race | 91.2% | 86.7% | 89.1% |
| White | 87.4% | 65.2% | 75.9% |
| Black or African American | 0.6% | 13.3% | 6.9% |
| American Indian and Alaska Native | 0% | 0.4% | 0.7% |
| Asian | 3.3% | 7% | 5.1% |
| Native Hawaiian and Other Pacific Islander | 0% | 0% | 0% |
| Some Other Race | 0% | 0.8% | 0.5% |
| Two or more races (Multiracial) | 3.8% | 5.5% | 4.5% |
Household & Families Composition
Household size, type, and family structure
Household structure
62.5%
family
Family
62.5%
Non family
37.5%
% family households
Wayzata
62.5%
Hennepin County
55.2%
Minnesota
62.3%
Average household size
2.1
persons per household
Household & Family COMPOSITION
Households
Percentage of Wayzata population
| Wayzata | Hennepin County | Minnesota | |
|---|---|---|---|
| Total households | 2,064 | 539,493 | 2,307,955 |
| Average houshold size | 2.1 | 2.3 | 2.43 |
| Family households | 1,290 | 297,949 | 1,438,404 |
| Average family size | 2.68 | 3.03 | 3.04 |
| Married couple family | 1,133 | 230,681 | 1,129,003 |
| Other families | 157 | 67,268 | 309,401 |
| Male householder | 96 | 21,199 | 102,922 |
| Female householder | 61 | 46,069 | 206,479 |
| Non-family households | 774 | 241,544 | 869,551 |
| One-person households | 706 | 186,397 | 686,475 |
| Male householder | 189 | 85,157 | 320,418 |
| Senior (65+) living alone | 182 | 21,166 | 97,557 |
| Female householder | 517 | 101,240 | 366,057 |
| Senior (65+) living alone | 330 | 43,295 | 186,557 |
| Other living arrangements | 68 | 55,147 | 183,076 |
Housing Profile
Housing stock, ownership, rentals, and cost burdens
Total housing units
2,355
housing units
Wayzata
2,355
Hennepin County
571,527
Minnesota
2,545,030
Occupancy status
87.6%
occupied
Occupied
87.6%
Vacant
12.4%
vacancy rate
Wayzata
12.4%
Hennepin County
5.6%
Minnesota
9.3%
Housing Characteristics
How the housing supply is structured and used
Types of Housing unit
48%
Single family houses
Median Year Built
1988
Half of houses were built before 1988, and half after.
Note: Median year built reflects occupied units only; distribution includes all units.
Housing Characteristics
Units, rooms & bedrooms
Physical characteristics of housing units
| Wayzata | Hennepin County | Minnesota | |
|---|---|---|---|
| Rooms per unit | |||
| Median rooms | 6.1 | 5.7 | 6.1 |
| 1–3 rooms | 19.4% | 22.3% | 14.9% |
| 4–6 rooms | 35.6% | 38% | 41.4% |
| 7+ rooms | 44.8% | 39.7% | 43.7% |
| Bedrooms | |||
| No bedroom / studio | 0.5% | 4.9% | 2.7% |
| 1 bedroom | 17.7% | 17.8% | 11.4% |
| 2 bedrooms | 35.7% | 25.1% | 24.5% |
| 3 bedrooms | 18.4% | 26% | 32.2% |
| 4+ bedrooms | 27.7% | 26.2% | 29.1% |
| At a glance | |||
| Median year built | 1988 | 1973 | 1979 |
| Total housing units | 2,355 | 571,527 | 2,545,030 |
Occupancy Profile
Who is inside and how they use it
Homeownership
59.1%
owners
Renter-occupied
40.9%
Owner-occupied
59.1%
homeownership rate
Wayzata
59.1%
Hennepin County
62.7%
Minnesota
72.2%
Average household size
2.37
Owner-occupied
1.71
Renter-occupied
owner-occupied average size
Wayzata
2.37
Hennepin County
2.5
Minnesota
2.59
Housing Characteristics
Occupied unit characteristics
Tenure, crowding, and utilities
| Wayzata | Hennepin County | Minnesota | |
|---|---|---|---|
| Total occupied units | 2,064 | 539,493 | 2,307,955 |
| Year moved in | |||
| 2020 or later | 29.3% | 28.4% | 23.8% |
| 2010 to 2019 | 50.5% | 39.8% | 38.9% |
| 2000 to 2009 | 10.2% | 13.4% | 16.1% |
| 1999 or earlier | 10% | 18.5% | 21.2% |
| Occupants per room | |||
| 1.00 or fewer | 100% | 97.3% | 97.7% |
| 1.01 to 1.50 | 0% | 1.6% | 1.5% |
| 1.51 or more | 0% | 1.1% | 0.8% |
| Vehicles availability | |||
| No vehicles | 9.2% | 9.3% | 6.7% |
| 1 vehicle | 33.8% | 37.7% | 30.8% |
| 2 vehicles | 39.1% | 38.1% | 39.5% |
| 3 or more vehicles | 18% | 14.9% | 23.1% |
| House heating fuel used | |||
| Gas | 74.8% | 76.7% | 75.9% |
| Electricity | 17.2% | 20.8% | 19.4% |
| Solar | 0% | 0.1% | 0.1% |
| Fuel oil, kerosene etc | 0% | 0.2% | 1.3% |
| All other fuels | 2.3% | 1.2% | 2.5% |
| No fuel used | 5.7% | 0.9% | 0.9% |
| Selected characteristics | |||
| Lacking complete plumbing | 1.6% | 0.3% | 0.4% |
| Lacking complete kitchen | 1.6% | 0.5% | 0.7% |
| No telephone service available | 0.8% | 0.6% | 0.7% |
Housing Value
What owner-occupied units are worth
Median home value
$1,153,400
owner-occupied units
Housing Cost Burden
29.1%
of homeowners with a mortgage are cost-burdened
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
| Wayzata | Hennepin County | Minnesota | |
|---|---|---|---|
| Property value | |||
| Median Value | $1,153,400 | $392,900 | $329,300 |
| Under $100,000 | 1.4% | 2.6% | 7.7% |
| $100,000 - $200,000 | 4.3% | 5.8% | 13.3% |
| $200,000 - $300,000 | 0.7% | 17.9% | 22.6% |
| $300,000 - $500,000 | 9.9% | 43.2% | 36.9% |
| $500,000 - $1,000,000 | 22.2% | 24.8% | 17% |
| $1,000,000 and more | 61.5% | 5.6% | 2.6% |
| Owner-occupied households | |||
| With a mortgage | 41.9% | 69% | 64% |
| Without a mortgage | 58.1% | 31% | 36% |
| Median monthly owner costs | |||
| With a mortgage | $4,001 | $2,255 | $1,947 |
| Without a mortgage | $1,501 | $853 | $698 |
| Gross rent | |||
| Median rent | $1,782 | $1,487 | $1,280 |
Education Profile
How educated is the community and how education pays off
Adults with a college degree
72.7%
of adults 25+ with a bachelor's degree or higher
Wayzata
72.7%
Hennepin County
54.1%
Minnesota
39.4%
Adults without a high school diploma
1.6%
of adults (25+) without a high school diploma
Wayzata
1.6%
Hennepin County
5.9%
Minnesota
6.1%
School Enrollment
Who is enrolled in school and at what level
School enrollment
749
population (age 3+) enrolled in school
College-going rate (18-24 yr olds)
21.5%
of 18-24-year-olds in college or graduate school
Enrollment & school type
Enrollment levels, college-going rate, and public vs private school split
Population 3+ currently enrolled in a school
| Wayzata | Hennepin County | Minnesota | |
|---|---|---|---|
| Total enrolled (age 3+) | 749 | 306,401 | 1,385,086 |
| Nursery / preschool | 9.3% | 6.7% | 6.2% |
| K–12 | 62.5% | 64.6% | 69.9% |
| Kindergarten | 3.5% | 4.8% | 5.2% |
| Elementary: Grades 1–4 | 10.4% | 19.6% | 20.6% |
| Elementary: Grades 5–8 | 12.1% | 20.1% | 21.7% |
| High School: Grades 9–12 | 36.4% | 20.2% | 22.4% |
| College or graduate school | 28.2% | 28.6% | 23.9% |
| College, undergraduate | 20.2% | 20.7% | 18.8% |
| Graduate, professional school | 8% | 8% | 5.1% |
| College-going rate · 18-24 yr olds | 21.5% | 45.3% | 39.1% |
| School type | |||
| Public school | 63.7% | 81.9% | 83.3% |
| Private school | 36.3% | 18.1% | 16.7% |
Education Attainment by Level & Gender
What is the highest level of education completed among adults
Education attainment
3,322
population 25 years and over
Attainment by gender
Male vs Female
Adults (25+) · Share within each education level
Educational Attainment Overview
Distribution and key education attainment rates for adults (25+)
Highest credential completed · adults 25+
| Wayzata | Hennepin County | Minnesota | |
|---|---|---|---|
| Population (25+) | 3,322 | 888,421 | 3,923,744 |
| Less than 9th grade | 1% | 3.2% | 2.7% |
| 9th–12th, no diploma | 0.6% | 2.7% | 3.4% |
| High school diploma or GED | 9.8% | 15% | 23.3% |
| Some college, no degree | 9.4% | 16.4% | 19.5% |
| Associate's degree | 6.5% | 8.6% | 11.8% |
| Bachelor's degree or higher | 72.7% | 54.1% | 39.4% |
| Bachelor's degree | 46.4% | 33.8% | 25.6% |
| Graduate or professional | 26.2% | 20.3% | 13.8% |
| High School or higher | 98.5% | 94.1% | 93.9% |
Earnings by education level
percentage as applicable
Median Earnings
$90,188
Median earnings for adults 25+, by level
Poverty Rate
3%
for ages 25+, with bachelors degree or higher
Outcomes by Education Level
Earnings and poverty rates across education levels (25+)
Adults 25+
| Wayzata | Hennepin County | Minnesota | |
|---|---|---|---|
| Median earnings | |||
| Population 25+, with earnings | $90,188 | $65,297 | $58,615 |
| Less than high school graduate | $28,882 | $34,065 | $36,257 |
| High school graduate (includes equivalency) | $— | $41,819 | $42,951 |
| Some college or associate's degree | $65,846 | $51,738 | $51,845 |
| Bachelor's degree | $— | $78,472 | $73,301 |
| Graduate or professional degree | $158,871 | $95,959 | $89,644 |
| Poverty rates | |||
| Less than high school graduate | 0% | 28.5% | 23.7% |
| High school graduate (includes equivalency) | 34.6% | 14.7% | 12.3% |
| Some college or associate's degree | 4.2% | 9.9% | 7.8% |
| Bachelor's degree or higher | 3% | 3.5% | 3.2% |
About Neilsberg Research
Neilsberg Research team are data scientists with expertise in processing, analysis and visualization of big data helping small businesses make right decisions.
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