Wayzata, Minnesota Housing

Wayzata, Minnesota has a population of 4,450, with a median household income of $115,000.

Current housing data for Wayzata.

$785,000

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Population

4,450

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Median Income

$115,000

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Unemployment

2.40%

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Housing Price

$785,000

🚨

Crime Rate

18.40

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Internet Speed

1000.00 Mbps

Wayzata is a notable city in Minnesota, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Wayzata has a population of 4,450, which is higher than the state average. This indicates a relatively larger urban presence within Minnesota.

Income and Economy

The median household income in Wayzata is $115,000, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Wayzata average around $785,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Wayzata is 2.40%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Wayzata are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Minnesota, Wayzata shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Wayzata continues to play a role in shaping regional trends in Minnesota, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Wayzata

What is the population of Wayzata?

The population of Wayzata is approximately 4,450.

Is Wayzata a good place to live?

Wayzata offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Wayzata?

The median household income in Wayzata is around $115,000.

How expensive is housing in Wayzata?

The average housing price in Wayzata is approximately $785,000.