Minnesota · Census place 68584
Waterville city, MN
Quick answer
Waterville city has 1,778 residents, ranking #280 of 914 places in Minnesota. Median household income is $67,721, the median home is worth $216,700 and median gross rent runs $835 a month.
- Population
- 1,778Waterville city residents
- Median household income
- $67,721Past 12 months, inflation adjusted
- Median home value
- $216,700Owner-occupied units
- Median gross rent
- $835Rent plus utilities, monthly
- Median age
- 45.1 yrsAll residents
- Homeownership rate
- 76.7%Owner-occupied households
What the numbers mean in Waterville city
Housing cost measured against local earnings.
A household earning the Waterville city median would spend about 14.8% 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 3.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.5% of residents and 76.7% 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.
- Kenyon city 1,811
- Rushford city 1,790
- Silver Bay city 1,790
- Mapleton city 1,745
- Nisswa city 1,744
- Rock Creek city 1,711
- Long Lake city 1,710
Keep going
More Minnesota coverage.