Everything You Should Know Before Moving to Wayzata, MN
Thinking of moving to Wayzata, MN? This scenic lakeside city has about 4,500 residents, offering a blend of small-town charm and upscale living. With a median home price of $820,000 and average rents around $1,800, the cost of living is high, but residents enjoy low crime rates, short 22-minute commutes, and outstanding schools—including a 76% bachelor’s degree attainment rate. Wayzata boasts picturesque summers, access to quality healthcare, and a vibrant, well-educated community ideal for families or professionals seeking a premium Twin Cities suburb.
Demographics - Wayzata, MN
Demographics - Wayzata, MN
Wayzata is home to approximately 4,500 residents, with a median age of 49 and a population density of 1,570 per square mile. The community is predominantly White at over 93%, and about 7.5% of residents speak a language other than English at home, giving the city a welcoming yet close-knit suburban feel.
Population:
4,516
Density:
1,570 per sq mi
Median Age:
49.1
Gender Ratio:
90 males per 100 females
Non-English Speakers Percentage:
7.5%
Ethnic Composition
White:
93.6%
Black:
0.8%
Asian:
2.6%
Others:
3.0%
Cost Of Living
What is the average cost of living in Wayzata, MN?
Living in Wayzata comes with a higher cost, as reflected by a cost of living index of 149 and a median home value of $820,000. Residents can expect average rent near $1,800 and moderate monthly expenses, making it an attractive option for those seeking an upscale lifestyle in the Twin Cities area.
Median House Value:
$820,000
Gross Rent:
$1,800
Monthly Electricity Charges:
$102
Auto Insurance:
$1,480
House Owner Cost With Mortgage:
$3,250
House Owner Cost Without Mortgage:
$1,080
State Taxes:
Low:
5.35%
|
High:
9.85%
Cost Of Living Index:
149.2
Grocery:
110.4
Housing:
241.0
Utilities:
97.0
Transportation:
110.0
Health Care:
110.2
Miscellaneous:
103.5
Crime
Is Wayzata, MN a safe place to live?
Wayzata enjoys a very low crime rate, with just 40 violent crimes and 810 property crimes reported per 100,000 people. Residents benefit from a strong sense of safety, with a notably low chance of violent crime at 1 in 2,500.
Violent Crimes Per 100k:
40
Property Crimes Per 100k:
810
Crime Index:
850
Chance Of Violent Crime:
1 in 2,500
Chance Of Property Crime:
1 in 123
Weather
What is the weather like in Wayzata, MN year-round?
Wayzata experiences four distinct seasons, featuring cold winters with lows near 7°F and warm summers that reach up to 83°F. The city receives about 30 inches of rainfall annually and enjoys sunshine roughly 55% of the year, offering a classic Midwest climate.
Winter
Min:
7°F
Max:
23°F
Spring
Min:
34°F
Max:
62°F
Summer
Min:
58°F
Max:
83°F
Fall
Min:
37°F
Max:
65°F
Average Rainfall Inches:
30.5 inches
Sunny Days Percentage:
55%
Neighbors
Wayzata’s residents are highly educated and affluent, with a median household income of $128,000 and 76% holding a bachelor’s degree or higher. The area boasts a low unemployment rate of 2.8% and a short average commute time of 22 minutes, making it ideal for professionals and families alike.
Median Income:
$70,300
Household Income:
$128,000
Family Income:
$170,000
Per Capita Income:
$102,000
Income Male:
$115,000
Income Female:
$75,000
Poverty Rate:
4.2%
Non English Speakers:
7.5%
Rent:
$1,800
Unemployment Rate:
2.8%
Public Transport Usage:
3.0%
Commute Time:
22.1 minutes
Education
High School or Higher:
99.2%
Bachelors or More:
76.0%
Education
How are the schools in Wayzata, MN?
Wayzata offers outstanding educational opportunities, with top-rated public schools like Wayzata High School and Central Middle School, as well as nearby private and higher education options. With 99% of adults holding a high school diploma and three-quarters earning a bachelor’s degree or higher, the community strongly values academic achievement.
Public Schools
Name:
Wayzata High School
Street:
4955 Peony Ln N
Phone:
763-745-6600
Students:
3,700
Student Teacher Ratio:
20:1
Name:
Wayzata Central Middle School
Street:
305 Vicksburg Ln N
Phone:
763-745-6000
Students:
1,200
Student Teacher Ratio:
18:1
Private Schools
Name:
The Blake School
Street:
110 Blake Rd S
Phone:
952-988-3420
Students:
1,380
Colleges
Name:
Hennepin Technical College
City:
Brooklyn Park
State:
MN
Distance:
10 miles
Students:
6,000
Name:
University of Minnesota
City:
Minneapolis
State:
MN
Distance:
13 miles
Students:
50,000
Healthcare
Wayzata residents have excellent access to healthcare, with nearly 97% insured and multiple major hospitals nearby, including M Health Fairview Southdale and Park Nicollet Methodist. The city offers a high ratio of 4.7 physicians per 1,000 residents, ensuring quality and convenience in medical care.
Major Hospitals
Name:
M Health Fairview Southdale Hospital
Address:
6401 France Ave S, Edina, MN 55435
Phone:
(952) 924-5000
Type:
General & Surgical
Emergency Services:
Yes
Name:
Park Nicollet Methodist Hospital
Address:
6500 Excelsior Blvd, St Louis Park, MN 55426
Phone:
(952) 993-5000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
4.7
Health Insurance Coverage:
96.7%
Health Care Index:
78.9
Housing Market
What is the housing market like in Wayzata, MN?
The housing market in Wayzata is robust, with a median home price of $820,000 and a strong owner-occupancy rate at 69%. Homes appreciate at over 6% annually, and rental options are available with average two-bedroom rents around $1,800, reflecting the area's desirability and investment value.
Median Home Price:
$820,000
Average Rent For 2 Bedroom:
$1,800
Owner Occupied Rate:
69.0%
Rental Vacancy Rate:
5.1%
Home Appreciation Rate (1yr):
6.4%
New Construction Rate:
2.1%
Foreclosure Rate:
0.2%
DMV Information
Wayzata residents are served by the Minnesota Department of Public Safety – Driver and Vehicle Services in St. Paul, offering comprehensive driver and vehicle services both in-person and online for convenience.
State:
Minnesota
Department:
Minnesota Department of Public Safety – Driver and Vehicle Services
Address:
445 Minnesota St, St Paul, MN 55101
Phone:
651-297-2126
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.