Waterford, MN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Waterford, MN: Quick Facts & Overview
- Population: 25,650 residents (66 people per sq. mi.)
- Average House Price: $361,756
- Average Household Income: $92,622
Waterford, MN is located in the state of Minnesota. It is home to about 25,650 people, with around 66 residents living in every square mile.
If you want to buy a house in Waterford, the average price is around $361,756. That makes local housing 39% higher than the Minnesota average of $260,056, and 17% higher than the national average of $308,592.
The average household in Waterford earns about $92,622 a year. This income is 13% higher than the average family in Minnesota ($82,068), and 18% higher than the national average ($78,686).
Population
25,650
Median Household Income
$92,622
Median Home Value
$361,756
Median Age
32.2 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $35,052 |
| Labor Force Participation | 64.4% |
| Unemployment Rate | 4.7% |
| Average Commute Time | 19.0 mins |
Housing & Community Metrics
| Home Ownership Rate | 74.3% |
| Median Rent | $1,113 |
| Rent Burdened (>30% Income) | 24.3% |
| Total Housing Units | 8,113 |
Additional Census & Housing Profile
Geographic Overview
| County | Dakota |
| County FIPS | 27037 |
| Metro Area (CBSA) | Minneapolis-St. Paul-Bloomington, MN-WI |
| Combined Area (CSA) | Minneapolis-St. Paul, MN-WI |
| Population Density | 65.8/sq mi |
| Coordinates (lat/lng) | 44.4839, -93.1430 |
| Timezone | America/Chicago |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 3.05 |
| Dual Income Families | 59.0% |
Marital Status
| Married | 43.3% |
| Never Married | 44.0% |
| Divorced | 8.8% |
| Widowed | 3.8% |
Gender
| Male | 49.0% |
| Female | 51.0% |
Health & Poverty
| Uninsured Rate (Health) | 5.1% |
| Poverty Rate | 8.2% |
Key Population Groups
| Veterans | 5.1% |
| Disabled Population | 9.3% |
| Limited English Proficiency | 4.1% |
All ZIP Codes in Waterford
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 55057 | 25,650 | $92,622 | $361,756 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Northfield, MN | 2.4 miles | 20,742 |
| Dundas, MN | 4.9 miles | 1,916 |
| Randolph, MN | 6.7 miles | 461 |
| Dennison, MN | 7.6 miles | 223 |
| Nerstrand, MN | 10.5 miles | 215 |
| Hampton, MN | 11 miles | 590 |
| Elko New Market, MN | 11.2 miles | 5,002 |
| Farmington, MN | 12 miles | 23,902 |
| Cannon Falls, MN | 12 miles | 4,227 |
| Empire, MN | 13.7 miles | 3,092 |
| Lonsdale, MN | 13.8 miles | 4,896 |
| Lakeville, MN | 14.4 miles | 74,354 |
| Faribault, MN | 14.4 miles | 24,631 |
| Vermillion, MN | 15.8 miles | 399 |
| Kenyon, MN | 16.5 miles | 1,824 |
| Coates, MN | 16.9 miles | 131 |
| Credit River, MN | 17.6 miles | 5,551 |
| Miesville, MN | 17.8 miles | 125 |
| Apple Valley, MN | 18.3 miles | 55,679 |
| Rosemount, MN | 18.5 miles | 27,562 |
| Warsaw, MN | 19.4 miles | 560 |
| Burnsville, MN | 20.5 miles | 64,463 |
| Savage, MN | 21.6 miles | 32,889 |
| Wanamingo, MN | 21.6 miles | 1,389 |
| New Prague, MN | 21.7 miles | 8,237 |
| Montgomery, MN | 21.7 miles | 3,434 |
| Prior Lake, MN | 22.2 miles | 28,016 |
| Hastings, MN | 22.3 miles | 22,117 |
| Medford, MN | 22.4 miles | 1,257 |
| Eagan, MN | 23 miles | 68,000 |
| Morristown, MN | 23.3 miles | 1,265 |
| Heidelberg, MN | 23.8 miles | 235 |
| Inver Grove Heights, MN | 23.9 miles | 35,906 |
| Kilkenny, MN | 24.3 miles | 125 |
| Cottage Grove, MN | 25.3 miles | 40,992 |
| Bloomington, MN | 25.4 miles | 88,665 |
| St. Paul Park, MN | 25.4 miles | 5,457 |
| Prescott, WI | 25.5 miles | 4,503 |
| West Concord, MN | 25.8 miles | 843 |
| Shakopee, MN | 25.9 miles | 46,012 |
| Goodhue, MN | 26.2 miles | 1,074 |
| Zumbrota, MN | 26.6 miles | 3,914 |
| Sunfish Lake, MN | 26.9 miles | 533 |
| Jordan, MN | 27.3 miles | 6,771 |
| Red Wing, MN | 27.4 miles | 16,758 |
| Owatonna, MN | 27.5 miles | 26,498 |
| Mendota Heights, MN | 27.5 miles | 11,612 |
| Newport, MN | 27.9 miles | 4,754 |
| Waterville, MN | 27.9 miles | 1,947 |
| Mendota, MN | 27.9 miles | 207 |
| Richfield, MN | 28 miles | 36,642 |
| Diamond Bluff, WI | 28.2 miles | 192 |
| South St. Paul, MN | 28.3 miles | 20,611 |
| West St. Paul, MN | 29 miles | 21,382 |
| Lilydale, MN | 29.4 miles | 772 |
| Eden Prairie, MN | 29.6 miles | 63,051 |
| Le Center, MN | 29.8 miles | 2,513 |
| Edina, MN | 30.1 miles | 53,262 |
| Woodbury, MN | 31.1 miles | 78,305 |
| Hager City, WI | 31.1 miles | 243 |
| Claremont, MN | 31.2 miles | 502 |
| Carver, MN | 31.7 miles | 6,239 |
| Belle Plaine, MN | 31.8 miles | 7,423 |
| St. Paul, MN | 32.1 miles | 307,284 |
| Bellechester, MN | 32.1 miles | 227 |
| Chaska, MN | 32.4 miles | 28,706 |
| Elysian, MN | 32.6 miles | 676 |
| Pine Island, MN | 32.7 miles | 3,580 |
| Chanhassen, MN | 32.9 miles | 26,006 |
| Waseca, MN | 32.9 miles | 9,164 |
| Afton, MN | 33.1 miles | 2,957 |
| Mazeppa, MN | 33.1 miles | 1,004 |
| Hopkins, MN | 33.2 miles | 18,819 |
| Landfall, MN | 33.3 miles | 776 |
| Minneapolis, MN | 33.7 miles | 2,937,870 |
| St. Louis Park, MN | 33.9 miles | 49,594 |
| Bay City, WI | 34.5 miles | 327 |
| Dodge Center, MN | 34.6 miles | 2,880 |
| Minnetonka, MN | 34.7 miles | 53,064 |
| Mantorville, MN | 34.7 miles | 1,047 |
| St. Marys Point, MN | 34.8 miles | 483 |
| Falcon Heights, MN | 35 miles | 5,085 |
| Maplewood, MN | 35.1 miles | 40,695 |
| Lauderdale, MN | 35.4 miles | 2,388 |
| Excelsior, MN | 35.6 miles | 2,570 |
| Lake St. Croix Beach, MN | 35.6 miles | 1,105 |
| Greenwood, MN | 35.8 miles | 699 |
| Oakdale, MN | 35.9 miles | 28,585 |
| Cleveland, MN | 35.9 miles | 563 |
| Deephaven, MN | 36.3 miles | 3,793 |
| River Falls, WI | 36.4 miles | 16,719 |
| Shorewood, MN | 36.4 miles | 7,647 |
| Golden Valley, MN | 36.5 miles | 21,725 |
| Victoria, MN | 36.5 miles | 11,295 |
| Roseville, MN | 36.7 miles | 35,802 |
| Kasson, MN | 36.8 miles | 7,050 |
| Ellsworth, WI | 37 miles | 3,349 |
| Lakeland, MN | 37.1 miles | 1,492 |
| Tonka Bay, MN | 37.1 miles | 1,270 |
| Lakeland Shores, MN | 37.1 miles | 344 |