Median Age
40 Years
Largest Age Group
10-19 Years
Approximately 14% of Residents
Under 20
26%
Over 65
17%
Waconia
Waconia, MN Area Guide
Avg Rent
$1,496
Population
14,621
Renter Mix
20% Rent
A lush, lakeside oasis just minutes from the Twin Cities
Suburban
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Rural
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Lakeside
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Family-Friendly
•
Active
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Scenic
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Welcoming
•
Growing
•
Charming
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Quaint
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The city of Waconia rests on the second largest lake in the Twin Cities metro area, Lake Waconia. Visitors flock to the 3,100-acre Lake Waconia all year for fishing, boating, swimming, sailing, and relaxation. Located just 30 miles southwest of Minneapolis, Waconia exudes small-town charm and tranquility. Waconia’s walkable downtown area brings the community together with an array of restaurants, boutiques, bars, and specialty shops. Waconia residents also come together for a variety of events such as the Carver County Fair, Taste of Minnesota, and Nickle Dickle Day. Outdoor activities are plentiful in Waconia, with access to numerous lush orchards, wineries, parks, and bike trails. Golfers have their choice of 20 courses in a 15-mile radius to practice their game near Waconia.
Demographics
Median Household Income
$95,881
Average: $120,673
Education
5,687
Residents Have a Degree
Job Market
8,249
Workers Employed
Age Distribution
Get a sense of this area's population profile.
Housing Distribution
Waconia has more homeowners than renters.
Renters
20%
Non-Renters
80%
Education Distribution
Review this city's overall education levels.
Bachelor's or Higher
35%
Other Education
65%
Rent Trends
As of April 2026, the average apartment rent in Waconia, MN is $1,404 for a studio, $1,480 for one bedroom, $1,753 for two bedrooms, and $1,901 for three bedrooms. Apartment rent in Waconia has decreased by -1.3% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$1,480/month
697 Sq Ft
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Waconia, MN is for everyday living.
Fairly Walkable
Walkability
50
/ 100
Exceptionally Drivable
Drivability
100
/ 100
Fairly Bikeable
Bikeability
40
/ 100
Scores provided by
Schools
Public
Grades K-5
568 Students
Public
Grades K-5
562 Students
Public
Grades K-5
530 Students
Public
Grades K-12
Public
Grades 6-8
937 Students
Public
Grades K-12
Public
Grades 9-12
1,351 Students
Waconia Area Learning Center Ss/As
Public
Grades 9-12
Public
Grades K-12
School data provided by
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by
GreatSchools.org
© 2026. All rights reserved.
Points of Interest
Shopping Centers
Parks and Recreation
- Lake Waconia Regional Park
- Lowry Nature Center
- Gale Woods Farm
- Carver Park Reserve
- Lake Minnetonka Regional Park
Military Bases
Airports
- Minneapolis-St Paul International/Wold-Chamberlain
Top Apartments in Waconia
Houses for Rent in Waconia
Search Nearby Rentals
Nearby City Rentals
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.