Living in Wabasha, Minnesota
Cost of living, income, home prices, rent and demographics of Wabasha · Census data 2020–2024
Wabasha has 2,587 residents with a median age of 56.5. The median household income is $64,514 (28% lower than the Minnesota median), the median home value is $262,300, the median rent is $757/month.
Wabasha at a glance
- Population
- 2,587
- Median age
- 56.5State: 38.8
- Median household income
- $64,514State: $89,062
- Median home value
- $262,300State: $329,300
- Median rent
- $757/moState: $1,280
- Homeowners
- 68.3%
- Bachelor's degree or higher
- 22.4%
- Average commute
- 21 min
Is Wabasha a good place to live?
Pros: Home values 20% lower than the state median; an average commute of 21 minutes; unemployment of 1.7%.
Cons: Median household income 28% lower than the Minnesota median; a poverty rate of 10.2%.
The weather is best in June to September.
Cost of living in Wabasha
Housing is the biggest part of the cost of living. In Wabasha the median home value is $262,300, 21% lower than the U.S. median. Renters pay a median of $757 per month, which is 25.8% of household income. Homeowners with a mortgage pay $1,621 a month in housing costs.
Wabasha median household income
The median household income in Wabasha is $64,514 and the income per person is $44,531. 10.2% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Wabasha: homes for sale and rent
- Housing units
- 1,376
- Owner-occupied
- 68.3%
- Renter-occupied
- 31.7%
- Vacant
- 12.6%Includes seasonal homes
- Median year built
- 1969
- Average household size
- 1.99
Wabasha demographics
- Population
- 2,587
- Median age
- 56.5
- Under 18
- 14%
- 65 and older
- 36.6%
- Households
- 1,203
- Foreign-born
- 2.2%
- Veterans
- 9.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Wabasha ›
Education in Wabasha
22.4% of adults 25 and older in Wabasha have a bachelor's degree or higher (Minnesota: 39.4%), and 7% have a graduate or professional degree.
Jobs and commute in Wabasha
- Unemployment rate
- 1.7%State: 4.1%
- Average commute
- 21 minState: 23 min
- Work from home
- 10%
- Drive alone
- 70.6%
- Public transit
- 0%
- Walk to work
- 7.6%
- Homes with broadband
- 83.4%
Wabasha vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Wabasha | 2,587 | $64,514 | $262,300 | $757 |
| Nelson | 381 | $70,625 | $164,200 | $972 |
| Kellogg | 513 | $69,792 | $172,800 | $856 |
| Alma | 788 | $58,368 | $177,900 | $725 |
| Pepin | 736 | $54,821 | $209,400 | $844 |
| Lake City | 5,034 | $72,244 | $238,700 | $871 |
| Buffalo City | 902 | $60,865 | $182,100 | $697 |
| Cochrane | 516 | $88,542 | $139,700 | $731 |
| Minneiska | 111 | $87,083 | $207,100 | — |
More for people moving to Wabasha
Wabasha ZIP code ›Weather and climate ›Living in Wabasha: FAQ
What is the median household income in Wabasha, MN?
The median household income in Wabasha is $64,514, 28% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Wabasha?
The median home value in Wabasha is $262,300, compared with $329,300 in Minnesota.
How much is rent in Wabasha?
The median gross rent in Wabasha is $757 per month, about 25.8% of household income.
Is Wabasha, MN a good place to live?
Pluses: home values 20% lower than the state median; an average commute of 21 minutes; unemployment of 1.7%. Minuses: median household income 28% lower than the Minnesota median; a poverty rate of 10.2%.
What is the median age in Wabasha?
The median age in Wabasha is 56.5 years (Minnesota: 38.8).
How long is the commute in Wabasha?
The average commute to work in Wabasha is 21 minutes; 10% of workers work from home.
What is the unemployment rate in Wabasha?
The unemployment rate in Wabasha is 1.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Wabasha?
22.4% of adults in Wabasha have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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