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ZipNumbers

Minnesota · Census place 67612

Waite Park city, MN

Quick answer

Waite Park city has 8,341 residents, ranking #115 of 914 places in Minnesota. Median household income is $56,884, the median home is worth $217,000 and median gross rent runs $1,072 a month.

Population
8,341Waite Park city residents
Median household income
$56,884Past 12 months, inflation adjusted
Median home value
$217,000Owner-occupied units
Median gross rent
$1,072Rent plus utilities, monthly
Median age
39.3 yrsAll residents
Homeownership rate
52.3%Owner-occupied households

What the numbers mean in Waite Park city

Housing cost measured against local earnings.

A household earning the Waite Park city median would spend about 22.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 24.1% of residents and 52.3% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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