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All About

Living In Wayzata, MN

Wayzata, Minnesota is a small town with a population of just over 4,000. Retirees are a common sight, as they make up 30% of the population compared to 14% nationally, while young adults are less well-represented. Overall, the town's population, at an average age of just over 48, is decidedly older than most cities in Minnesota. Most residents own their homes in Wayzata, and 43% of residents rent. The average rent for Wayzata is $140 per month more than the state average.

Compared to the national average (7%), Wayzata has a large number of residents older than 25 who have advanced degrees, as 14% possess a Master's degree or a Doctoral degree. Furthermore, 26% have a Bachelor's degree, which also outpaces the national average. Wayzata residents have a wide range of industries from which to choose. The four most common are manufacturing, retail, healthcare, and scientific. Combined, these industries account for 26% of the town's labor force. Meanwhile, looking at job function, many workers in these industries are in management, as 11% of the town's population reports this as their field of work, the highest number of any career path. With an average annual income of just over $99,000, Wayzata workers earn about $19,000 more than the average Minnesota resident. Wayzata's average income also compares favorably to the national average ($73,345).

Wayzata has an average commute time of about 24 minutes. Driving a vehicle is the most common way to get to work, selected by 38% of commuters, while public transit isn't used much. Walking isn't a common way to get to work.

Frequently Asked Questions About Wayzata

What is the average rent in Wayzata?

The average rent of a studio apartment in Wayzata is $875 per month. For a one-bedroom apartment it's $925 per month. For a two-bedroom apartment the average rent is $1,075 per month.

What is the average cost of rent for a one-bedroom in Wayzata?

The average rent of a one-bedroom apartment in Wayzata is $925

Are there any cheap apartments for rent in Wayzata?

For the best deal, we recommend using our cheap apartments filter.

Are there any pet friendly apartments in Wayzata?

Apply Apartment Guide's pet friendly filter to see only Wayzata apartments that accept pets.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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