Minnesota · Census place 68296
Waseca city, MN
Quick answer
Waseca city has 9,209 residents, ranking #105 of 914 places in Minnesota. Median household income is $61,546, the median home is worth $185,600 and median gross rent runs $796 a month.
- Population
- 9,209Waseca city residents
- Median household income
- $61,546Past 12 months, inflation adjusted
- Median home value
- $185,600Owner-occupied units
- Median gross rent
- $796Rent plus utilities, monthly
- Median age
- 39.4 yrsAll residents
- Homeownership rate
- 70%Owner-occupied households
What the numbers mean in Waseca city
Housing cost measured against local earnings.
A household earning the Waseca city median would spend about 15.5% 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 3.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.3% of residents and 70% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Minnesota.
- Cambridge city 9,992
- Arden Hills city 9,737
- St. Anthony city (Hennepin and Ramsey Counties) 9,516
- Mound city 9,176
- Little Falls city 9,094
- East Grand Forks city 9,067
- Oak Grove city 9,031
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