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Wanamingo, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Wanamingo, Minnesota had a total population of 1,389, the 313th largest city in Minnesota, with a median household income of $71,731, which is 19% lower than the state average. The poverty rate is 13.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Wanamingo Quick Facts

Population 1,389
Median Household Income $71,731
Median Home Value $269,200
Poverty Rate 13.4%
Unemployment Rate 2.0%
Median Age 35.2 years
Homeownership Rate 75.0%
Affordability Ratio 3.8x
Bachelor's Degree or Higher 24.3%
High School Graduation Rate 96.0%
Diversity Index 26/100
Population 1,389 313th of 914
Median Income $71,731 average
Poverty Rate 13.4% 8% higher than national
Median Home Value $269,200 top 30%

How Wanamingo Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,1851,389+17.2%
Median household income$85,000$71,731-15.6%
Median home value$247,400$269,200+8.8%

How Wanamingo Compares

Economy & Housing

Household Income Distribution

Under $25K 14.1%
$25K-$50K 24.8%
$50K-$100K 29.6%
$100K+ 31.5%
Detailed income brackets
Under $10K
4.4%
$10K-$15K
1.0%
$15K-$20K
7.3%
$20K-$25K
1.3%
$25K-$30K
9.8%
$30K-$35K
10.8%
$35K-$40K
1.1%
$40K-$45K
2.5%
$45K-$50K
0.7%
$50K-$60K
5.4%
$60K-$75K
7.3%
$75K-$100K
16.8%
$100K-$125K
10.6%
$125K-$150K
3.9%
$150K-$200K
11.9%
$200K+
5.1%

Employment

2.0% Unemployment Rate State: 4.1%|National: 5.2%
76.3% Labor Force Participation

Housing Overview

Owner 75.0%
Renter 25.0%
Affordability Index Affordable
3.8x home value to income ratio
Median gross rent $674/mo 11.3% of median household income annually

People & Demographics

Diversity Index

26out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Wanamingo Rankings in Minnesota

#313 Population of 914
#403 Median Income of 887
#337 Education of 914
#228 Home Value of 870

Other Cities in Goodhue County

CityPopulationMedian IncomePovertyHome Value
Red Wing 16,758 $67,192 13.8% $237,300
Lake City 5,034 $72,244 5.9% $238,700
Cannon Falls 4,227 $84,097 9.2% $263,300
Zumbrota 3,914 $78,156 7.2% $249,300
Kenyon 1,824 $82,500 13.6% $216,800
Goodhue 1,074 $89,398 17.0% $243,500
Bellechester 227 $64,167 8.4% $196,300
Frontenac 188 $88,542 3.2% $266,700

Cities Similar to Wanamingo

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Fulda1,393$71,136$164,70019.9%7.3%
Hayfield1,395$69,313$186,60018.2%15.9%
Winthrop1,381$69,219$169,60019.5%6.1%
Richmond1,431$71,438$241,30017.8%10.1%
Preston1,362$63,984$185,90027.0%8.9%

Population Overview

Wanamingo is a small community located in Minnesota, within Goodhue County. The total population is 1,389. It ranks as the 313th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Wanamingo is 35.2 years. This is 9% lower than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Wanamingo is $71,731. This is 19% lower than the state median of $89,062. It is also 11% lower than the national median of $80,734. The poverty rate stands at 13.4%. This is 44% higher than the state poverty rate of 9.3%. The unemployment rate is 2.0%. This is 50% lower than the state rate of 4.1%. The median home value is $269,200. Housing costs are 18% lower than the state median of $329,300. The home-value-to-income ratio is 3.8x. 75.0% of occupied housing units are owner-occupied. This homeownership rate is 4% higher than the state average of 72.2%.

Race & Ethnicity

Wanamingo has a predominantly White (non-Hispanic) population, comprising 85.8% of all residents. Black or African American residents account for 8.6%. The Hispanic or Latino population (2.9%) is well below the state average of 6.4%.

Education

24.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 38% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.0%.

Data Sources & Methodology

All demographic data for Wanamingo, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Wanamingo, Minnesota?

Wanamingo, Minnesota has a population of 1,389 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Wanamingo, MN?

The median household income in Wanamingo is $71,731, which is 11% lower than the national median of $80,734.

What is the poverty rate in Wanamingo, MN?

The poverty rate in Wanamingo is 13.4%. This means approximately 186 residents live below the federal poverty line.

What is the racial makeup of Wanamingo, Minnesota?

Wanamingo's population is 85.8% White, 8.6% Black, 2.9% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Wanamingo, MN?

The median home value in Wanamingo is $269,200. The home-value-to-income ratio is 3.8x.

How educated is Wanamingo, Minnesota?

24.3% of adults (25+) in Wanamingo hold a bachelor's degree or higher, and 12.4% hold a graduate or professional degree.