Wayzata is a very small city located in the state of Minnesota. With a population of 4,338 people and just one neighborhood, Wayzata is the 173rd largest community in Minnesota. Much of the housing stock in Wayzata was built relatively recently. The construction of new real estate can often be taken as an indication that the local Wayzata economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Wayzata, where the median household income is $118,456.00.
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 87.06% 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 (24.57%), sales jobs (12.94%), and healthcare (9.75%).
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.
Telecommuters are a relatively large percentage of the workforce: 19.16% 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 like to read, write and learn? If you move to Wayzata, you'll likely find that many of your neighbors like to as well. Wayzata is one of the more educated communities in America, with a full 67.55% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Wayzata in 2022 was $114,230, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $456,920 for a family of four.
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, Swedish, and English.
The most common language spoken in Wayzata is English. Other important languages spoken here include African languages and Spanish.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
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 urban sophisticates and highly educated executives.
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, 11.3% of this neighborhood's residents have Swedish ancestry and 12.9% have Norwegian ancestry.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this 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 85.5% of the neighborhoods in America. In addition, 2.2% 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 74.4% of America's neighborhoods.
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.
In the neighborhood, 61.3% 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 20.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (12.4%), and 5.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the neighborhood is English, spoken by 95.9% of households.
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the neighborhood in Wayzata, MN, residents most commonly identify their ethnicity or ancestry as German (24.7%). There are also a number of people of Irish ancestry (15.2%), and residents who report Norwegian roots (12.9%), and some of the residents are also of Swedish ancestry (11.3%), along with some English ancestry residents (11.2%), 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 (52.7% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (72.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (5.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.