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Waseca, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
9,164
Population
$64,074
Median Income
$189,200
Home Value
38.0
Median Age

Demographics

Waseca has a population of 9,164 with a median age of 38.0. Here is the racial and ethnic breakdown of the population:

White
90.3%
Hispanic
8.6%
Asian
3.0%
Black
1.7%
Demographic Value
Total Population9,164
Median Age38.0
White90.3%
Black or African American1.7%
Asian3.0%
Hispanic or Latino8.6%
Waseca, Minnesota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 104.White: 87.2%Hispanic/Latino: 8.3%Asian: 2.9%Other: 1.6%9,164PopulationWhiteWhite87.2%Hispanic/LatinoHispanic/Latino8.3%AsianAsian2.9%OtherOther1.6%

Income & Economy

The median household income in Waseca is $64,074, which is 20.5% below the national median of $80,610. The per capita income is $30,270. The poverty rate is 9.5%.

$64,074
Median Household Income
$30,270
Per Capita Income
9.5%
Poverty Rate

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Education

In Waseca, 92.7% of residents age 25+ have a high school diploma or higher, and 17.2% hold a bachelor's degree or higher (3.8% with a graduate or professional degree).

HS Diploma+
92.7%
Bachelor's+
17.2%
Graduate+
3.8%
Education Level % of Adults (25+)
High School Diploma or Higher92.7%
Bachelor's Degree or Higher17.2%
Graduate or Professional Degree3.8%

Housing

The median home value in Waseca is $189,200, below the national median of $303,400. The median monthly rent is $903. The homeownership rate is 71.9%.

$189,200
Median Home Value
$903/mo
Median Rent
71.9%
Homeownership Rate
Housing Metric Value
Median Home Value$189,200
Median Monthly Rent$903
Homeownership Rate71.9%
Vacancy Rate3.7%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Waseca, Minnesota?
The population of Waseca, Minnesota is 9,164 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Waseca, Minnesota?
The median household income in Waseca, Minnesota is $64,074. This is 20.5% below the national median of $80,610.
What is the median home value in Waseca, Minnesota?
The median home value in Waseca, Minnesota is $189,200. The median monthly rent is $903.
What percentage of people in Waseca have a college degree?
In Waseca, Minnesota, 17.2% of adults age 25 and older hold a bachelor's degree or higher, and 92.7% have a high school diploma or higher.
Is Waseca, Minnesota an affordable place to live?
The home price-to-income ratio in Waseca, Minnesota is 3.0x (median home value $189,200 vs. median income $64,074), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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