Waconia is a somewhat small city located in the state of Minnesota. With a population of 13,384 people and three associated neighborhoods, Waconia is the 86th largest community in Minnesota. Waconia has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Waconia, where the median household income is $101,619.00.
Waconia real estate is some of the most expensive in Minnesota, although Waconia house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Waconia has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Waconia telecommute to their jobs. Overall, about 19.34% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Waconia is a great place for families with children to consider. First of all, many other families with children live here, making Waconia a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Waconia has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Waconia’s overall crime rate is lower than average for the country.
Waconia is one of the most well-educated cities in the nation. 49.03% of adults in Waconia have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Waconia in 2022 was $48,432, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $193,728 for a family of four.
The people who call Waconia home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Waconia residents report their race to be White, followed by Black or African-American. Important ancestries of people in Waconia include German, Norwegian, Irish, Swedish, and English.
The most common language spoken in Waconia is English. Other important languages spoken here include Spanish and French.