Last updated: 2024 BLS data · Page refreshed:
Wayzata has a population of 4,354 with a median age of 55.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 4,354 |
| Median Age | 55.7 |
| White | 87.4% |
| Black or African American | 0.6% |
| Asian | 3.3% |
| Hispanic or Latino | 5.0% |
| Other / Two or More Races | 3.7% |
The median household income in Wayzata is $131,614, which is 63.3% above the national median of $80,610. The per capita income is $116,577. The poverty rate is 5.8%.
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In Wayzata, 98.5% of residents age 25+ have a high school diploma or higher, and 72.7% hold a bachelor's degree or higher (26.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 98.5% |
| Bachelor's Degree or Higher | 72.7% |
| Graduate or Professional Degree | 26.2% |
The median home value in Wayzata is $1,153,400, above the national median of $303,400. The median monthly rent is $1,782. The homeownership rate is 59.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $1,153,400 |
| Median Monthly Rent | $1,782 |
| Homeownership Rate | 59.1% |
| Vacancy Rate | 12.4% |
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