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ZipNumbers

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

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