Wayzata is a very small city located in the state of Minnesota. With a population of 4,308 people and just one neighborhood, Wayzata is the 173rd largest community in Minnesota. Wayzata has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Wayzata, where the median household income is $131,614.00.
Wayzata home prices are not only among the most expensive in Minnesota, but Wayzata real estate also consistently ranks among the most expensive in America.
Wayzata is a decidedly white-collar city, with fully 92.88% of the workforce employed in white-collar jobs, well above the national average. Overall, Wayzata is a city of managers, professionals, and sales and office workers. There are especially a lot of people living in Wayzata who work in management occupations (28.13%), sales jobs (12.36%), and healthcare (10.79%).
Also of interest is that Wayzata has more people living here who work in computers and math than 95% of the places in the US.
Of important note, Wayzata is also a city of artists. Wayzata has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Wayzata’s character.
Telecommuters are a relatively large percentage of the workforce: 31.97% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
As is often the case in a small city, Wayzata doesn't have a public transportation system that people use for their commute.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Wayzata. 72.67% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Wayzata in 2022 was $116,577, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $466,308 for a family of four.
Wayzata is a somewhat ethnically-diverse city. The people who call Wayzata home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Wayzata residents report their race to be White, followed by Asian. Important ancestries of people in Wayzata include German, Irish, Norwegian, English, and Swedish.
The most common language spoken in Wayzata is English. Other important languages spoken here include Spanish and African languages.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
If you are planning to retire in Minnesota, this neighborhood should be on your must-see list. For many reasons, may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in Minnesota, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 99.7% of neighborhoods in MN. If a Minnesota retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for highly educated executives and urban sophisticates.
Did you know that the neighborhood has more Swedish and Norwegian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.5% of this neighborhood's residents have Swedish ancestry and 13.6% have Norwegian ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in Wayzata are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 87.4% of the neighborhoods in America. In addition, 1.9% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 74.8% of America's neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the neighborhood, 65.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 22.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (6.5%), and 4.9% in clerical, assistant, and tech support occupations.
The most common language spoken in the neighborhood is English, spoken by 94.9% of households.
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the neighborhood in Wayzata, MN, residents most commonly identify their ethnicity or ancestry as German (25.4%). There are also a number of people of Irish ancestry (16.6%), and residents who report Norwegian roots (13.6%), and some of the residents are also of English ancestry (13.6%), along with some Swedish ancestry residents (11.5%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (54.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (62.5%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.