Wayzata, MN demographics:
population, income, and more

Total population
4,354
-0.2% year-over-year change
Median household income
$131,614/yr
5.0% year-over-year change
Housing units
2,355
-8.2% year-over-year change

Wayzata population

How many people live in Wayzata

Wayzata is home to 4,354 residents, according to the most recent Census data. Gender-wise, 46.4% of Wayzata locals are male, and 53.6% are female.

Total population
4,354
-0.2% year-over-year change
Gender ratio
Male
46.4%
2,022
Female
53.6%
2,332
Value Percent YoY change
Male 2,022 46.4% -6.8%
Female 2,332 53.6% 6.3%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Wayzata is 56, with the population distributed as follows: about 13.1% are children under 15, then 10.6% are in the 15 to 24 age group. Adults between 25 and 44 make up 14.1% of the population, while another 26.6% fall into the 45 to 64 bracket. Finally, around 35.6% are 65 or older.

Median age
55.7
Age breakdown
Under 15
13.1%
15 to 24
10.6%
25 to 44
14.1%
45 to 64
26.6%
Over 65
35.6%
Value Percent YoY change
Under 15 572 13.1% 17.9%
15 to 24 460 10.6% 38.1%
25 to 44 614 14.1% -19.1%
45 to 64 1,157 26.6% 5.4%
Over 65 1,551 35.6% -8.1%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Wayzata, 90% of the population are US-born citizens, while 5.3% have gained naturalized citizenship. At the same time, 4.7% of residents are non-citizens. As for race, 87.4% of locals are Caucasian, 0.6% are African American and 3.3% have Asian roots. There’s also a share of 6.2% that includes residents with two or more races.

Citizenship
U.S.-born citizens
90%
Non-U.S.-born citizens
5.3%
Non-citizens
4.7%
Value Percent YoY change
U.S.-born citizens 3,920 90% 0.3%
Non-U.S.-born citizens 231 5.3% -15.1%
Non-citizens 203 4.7% 10.9%
Racial breakdown
White
87.4%
Black or African American
0.6%
American Indian and Alaska Native
0%
Asian
3.3%
Native Hawaiian and other Pacific Islander
0%
Two or more races
6.2%
Other
2.6%
Value Percent
White 3,807 87.4%
Black or African American 24 0.6%
Asian 143 3.3%
Two or more races 269 6.2%
Other 111 2.6%

Households in Wayzata

A peek inside Wayzata households

Wayzata has 2,064 households, with an average of 2 members in each. Of these, 62.5% are families, while the remaining 37.5% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
2,064
-4.0% year-over-year change
Average people per household
2
Non-family households
774
Family households
1,290
Value Percent YoY change
Non-family households 774 37.5% -12.4%
Family households 1,290 62.5% 2.0%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Wayzata

The housing landscape of Wayzata

Wayzata's housing consists of 2,355 units, with 39.5% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 8.5% and offer a more compact, shared living style.

Housing units
2,355
-8.2% year-over-year change
Housing types
Value Percent
1 unit, detached 931 39.5%
1 unit, attached 201 8.5%
2 units 15 0.6%
5 to 9 units 150 6.4%
10 to 19 units 33 1.4%
20 to 49 units 235 10%
50 or more units 790 33.6%
Homes built since 2020
74
19.4% year-over-year change

The age of buildings in Wayzata

In Wayzata, the median construction year is 1988. About 4.7% of homes were built before the 1940s, with another 4% going up by 1949. Most development happened in the second half of the 20th century. Then, 3.6% of homes were added from 2000 to 2009, 33.4% between 2010 and 2019, and 3.1% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 111 4.7% -39.7%
Built between 1940 and 1949 93 4% 86.0%
Built between 1950 and 1959 178 7.6% -23.3%
Built between 1960 and 1969 202 8.6% -21.1%
Built between 1970 and 1979 353 15% -20.5%
Built between 1980 and 1989 313 13.3% 23.7%
Built between 1990 and 1999 160 6.8% -34.4%
Built between 2000 and 2009 85 3.6% -38.4%
Built between 2010 and 2019 786 33.4% 11.8%
Built in 2020 or later 74 3.1% 19.4%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Wayzata occupancy rates

Out of the 2,064 occupied housing units in Wayzata, 59.1% are owner-occupied, while 40.9% are lived in by tenants. Meanwhile, 12.4% of all homes on the local market sit vacant.

Occupied housing units
2,064
-4.0% year-over-year change
Occupancy breakdown
Renter occupied
845
Owner occupied
1,219
Value Percent YoY
change
Renter occupied 845 40.9% -0.9%
Owner occupied 1,219 59.1% -5.9%
Unoccupied housing units
12.4%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Wayzata housing costs

Housing costs in Wayzata come to a median of $2,398 per month, while tenants specifically pay a median gross rent of $1,782.

Median housing costs per month
$2,398/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Wayzata
$1,782/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Wayzata

Wayzata education at a glance

About 10.6% of the population in Wayzata went to high school, while 11.2% pursued college studies. Another 6.6% earned an associate degree and 46% hold a bachelor’s. Meanwhile, 24.7% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 32 0.9% -23.8%
High school diploma 373 10.6% -10.1%
College diploma 396 11.2% -6.6%
Associate degree 232 6.6% -6.5%
Bachelor's degree 1,626 46% -2.3%
Graduate degree 872 24.7% -7.9%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Wayzata

How much people earn in Wayzata

The average annual household income in Wayzata was $245,351 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -5.8% change from the previous year. At the same time, the median income stood at $131,614, reflecting a +5% shift over the same period.

Average household income in Wayzata
$245,351/year
-5.8% year-over-year change
Median household income in Wayzata
$131,614/year
5.0% year-over-year change

Wayzata income by age

In Wayzata, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $212,222. Those with someone between 45 and 64 in charge, often well established professionally, earn $250,001 overall. Overall, 94.2% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $212,222 9.6%
45 - 64 $250,001 0.0%
Over 65 $100,875 4.0%
Above poverty level
4,085
Below poverty level
254
Value Percent YoY
change
Above poverty level 4,085 94.2% 0.4%
Below poverty level 254 5.8% -8.0%

Average renter income in Wayzata

To get a better sense of what renters earn on average in Wayzata, their median household income was $71,433 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 29.9%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$71,433
Rent-to-income ratio
29.9%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Wayzata

Workforce and job types in Wayzata

The job market in Wayzata is powered by 1,909 working residents, spread across a range of industries and roles. 92.9% of the working population are employed in professional or administrative positions, while 7.1% are in hands-on or service-based jobs. Also, 16% run their own businesses, 69.8% are employed by private companies, and 9.1% work in the public sector.

Workforce demographics

Working population
1,909
-0.9% year-over-year change
White collar
1,773
Blue collar
136
Value Percent YoY change
White collar 1,773 92.9% 2.0%
Blue collar 136 7.1% -27.3%
Employer type
Self employees
16%
Private companies
69.8%
Governmental workers
9.1%
Not for profit companies
5%
Value Percent YoY change
Self employees 306 16% -1.3%
Private companies 1,333 69.8% -1.8%
Governmental workers 174 9.1% 28.9%
Not for profit companies 96 5% -22.6%
Unemployment rate
1.7%
22.2% year-over-year change

Available workforce

The unemployment rate in Wayzata stands at 1.7%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Wayzata

How people get around in Wayzata

Commuting methods vary: 65% of residents travel by personal vehicle and 3% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 1,145 65% -0.3%
Walk 53 3% 1.9%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Wayzata by zipcode?

Zipcode Population Number of households Median income Average income
55391 15,502 6,517 $174,301 $286,470

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FAQs about Wayzata demographics 

What is the total population of Wayzata?

Wayzata has a total population of 4,354 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -0.2% compared to a year ago.

What is the gender ratio in Wayzata?

The gender ratio in Wayzata is as follows:
  • 46.4% males (2,022 residents)
  • 53.6% females (2,332 residents)

What is the median age in Wayzata?

The median age in Wayzata is 55.7.

What is the age distribution of the population in Wayzata?

The age distribution in Wayzata is as follows:
  • Under 15: 13.1% (572 residents)
  • Ages 15-24: 10.6% (460 residents)
  • Ages 25-44: 14.1% (614 residents)
  • Ages 45-64: 26.6% (1,157 residents)
  • Over 65: 35.6% (1,551 residents)

What is the racial and ethnic makeup of Wayzata?

The racial and ethnic makeup of Wayzata is as follows:
  • White: 87.4% (3,807 residents)
  • Black or African American: 0.6% (24 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 3.3% (143 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 6.2% (269 residents)
  • Other: 2.6% (111 residents)

What percentage of the population in Wayzata are U.S.-born citizens?

U.S.-born citizens represent 90% of the population in Wayzata.

How many housing units are there in Wayzata?

There are 2,355 housing units in Wayzata, reflecting a -8.2% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Wayzata and what is the average household size?

Wayzata has a total of 2,064 households, with an average of 2 people in each.

What is the median household income in Wayzata?

Wayzata has a median household income of $131,614, representing a +5.0% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Wayzata?

The employment rate is 98.3% in Wayzata, with a workforce of 1,909 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 92.9% (1,773 residents)
  • Blue-collar workers: 7.1% (136 residents)

Places of employment:
  • Self-employed: 16% (306 residents)
  • Private companies: 69.8% (1,333 residents)
  • Governmental workers: 9.1% (174 residents)
  • Not-for-profit companies: 5% (96 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025