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Waseca, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Waseca, Minnesota had a total population of 9,164, the 105th largest city in Minnesota, with a median household income of $64,074, which is 28% lower than the state average. The poverty rate is 9.5%.

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

Waseca Quick Facts

Population 9,164
Median Household Income $64,074
Median Home Value $189,200
Poverty Rate 9.5%
Unemployment Rate 2.8%
Median Age 38.0 years
Homeownership Rate 71.9%
Affordability Ratio 3.0x
Bachelor's Degree or Higher 17.2%
High School Graduation Rate 92.7%
Diversity Index 28/100
Population 9,164 105th of 914
Median Income $64,074 average
Poverty Rate 9.5% 24% lower than national
Median Home Value $189,200 average

How Waseca 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
Population9,2099,164-0.5%
Median household income$61,546$64,074+4.1%
Median home value$185,600$189,200+1.9%

How Waseca Compares

Economy & Housing

Household Income Distribution

Under $25K 18.1%
$25K-$50K 22.8%
$50K-$100K 29.9%
$100K+ 29.2%
Detailed income brackets
Under $10K
4.8%
$10K-$15K
3.8%
$15K-$20K
5.4%
$20K-$25K
4.1%
$25K-$30K
3.3%
$30K-$35K
3.0%
$35K-$40K
3.4%
$40K-$45K
6.7%
$45K-$50K
6.5%
$50K-$60K
8.2%
$60K-$75K
6.7%
$75K-$100K
15.1%
$100K-$125K
11.1%
$125K-$150K
5.1%
$150K-$200K
11.0%
$200K+
2.0%

Employment

2.8% Unemployment Rate State: 4.1%|National: 5.2%
58.8% Labor Force Participation

Housing Overview

Owner 71.9%
Renter 28.1%
Affordability Index Affordable
3.0x home value to income ratio
Median gross rent $903/mo 16.9% of median household income annually

People & Demographics

Diversity Index

28out 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

Waseca Rankings in Minnesota

#105 Population of 914
#534 Median Income of 887
#560 Education of 914
#391 Home Value of 870

Other Cities in Waseca County

CityPopulationMedian IncomePovertyHome Value
Janesville 2,378 $74,643 3.8% $206,800
New Richland 1,184 $67,000 7.4% $137,000
Waldorf 171 $48,000 15.8% $133,000

Cities Similar to Waseca

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Baxter8,966$70,688$324,10038.3%13.1%
Thief River Falls8,823$71,144$175,40021.2%12.2%
Detroit Lakes10,025$62,958$265,80032.8%16.6%
East Grand Forks9,028$77,549$255,60026.1%12.4%
Waite Park8,399$59,285$219,40020.1%21.2%

Population Overview

Waseca is a small city located in Minnesota, within Waseca County. The total population is 9,164. It ranks as the 105th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Waseca is 38.0 years. This is 2% lower than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Waseca is $64,074. This is 28% lower than the state median of $89,062. It is also 21% lower than the national median of $80,734. The poverty rate stands at 9.5%. This is 2% higher than the state poverty rate of 9.3%. The unemployment rate is 2.8%. This is 32% lower than the state rate of 4.1%. The median home value is $189,200. Housing costs are 43% lower than the state median of $329,300. The home-value-to-income ratio is 3.0x. 71.9% of occupied housing units are owner-occupied.

Race & Ethnicity

The largest racial or ethnic group in Waseca is White (non-Hispanic), making up 84.5% of the population. Hispanic or Latino residents account for 8.6%. The Black or African American population (1.7%) is well below the state average of 7.0%.

Education

17.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 56% 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 92.7%.

Data Sources & Methodology

All demographic data for Waseca, 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.

Free data download: Get all Minnesota city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Waseca, Minnesota?

Waseca, Minnesota has a population of 9,164 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Waseca, MN?

The median household income in Waseca is $64,074, which is 21% lower than the national median of $80,734.

What is the poverty rate in Waseca, MN?

The poverty rate in Waseca is 9.5%. This means approximately 784 residents live below the federal poverty line.

What is the racial makeup of Waseca, Minnesota?

Waseca's population is 84.5% White, 1.7% Black, 8.6% Hispanic/Latino, and 3.0% Asian.

What is the median home value in Waseca, MN?

The median home value in Waseca is $189,200. The home-value-to-income ratio is 3.0x.

How educated is Waseca, Minnesota?

17.2% of adults (25+) in Waseca hold a bachelor's degree or higher, and 3.8% hold a graduate or professional degree.