Living in Wabasso, Minnesota

Cost of living, income, home prices, rent and demographics of Wabasso · Census data 2020–2024

Wabasso has 603 residents with a median age of 45.5. The median household income is $63,750 (28% lower than the Minnesota median), the median home value is $109,600, the median rent is $637/month.

Wabasso is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Wabasso at a glance

Population
603
Median age
45.5State: 38.8
Median household income
$63,750State: $89,062
Median home value
$109,600State: $329,300
Median rent
$637/moState: $1,280
Homeowners
76.4%
Bachelor's degree or higher
23.9%
Average commute
19 min

Is Wabasso a good place to live?

Pros: Home values 67% lower than the state median; an average commute of 19 minutes; unemployment of 0.4%; a poverty rate of 8.4%.

Cons: Median household income 28% lower than the Minnesota median.

The weather is best in June to September.

Cost of living in Wabasso

Housing is the biggest part of the cost of living. In Wabasso the median home value is $109,600, 67% lower than the U.S. median. Renters pay a median of $637 per month, which is 28.1% of household income. Homeowners with a mortgage pay $1,105 a month in housing costs.

Median home value

Wabasso$109,600
Minnesota$329,300
United States$332,700

Median monthly rent

Wabasso$637
Minnesota$1,280
United States$1,413

Wabasso median household income

The median household income in Wabasso is $63,750 and the income per person is $32,500. 8.4% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Wabasso$63,750
Minnesota$89,062
United States$80,734

Housing in Wabasso: homes for sale and rent

Housing units
270
Owner-occupied
76.4%
Renter-occupied
23.6%
Vacant
7.4%Includes seasonal homes
Median year built
1970
Average household size
2.24

Wabasso demographics

Population
603
Median age
45.5
Under 18
24%
65 and older
24.7%
Households
250
Foreign-born
1.3%
Veterans
10.7%Adults 18+

Race and ethnicity

White94.7%
Hispanic or Latino2.2%
Black1%
Asian1%

Hispanic or Latino can be of any race. Population history of Wabasso ›

Education in Wabasso

23.9% of adults 25 and older in Wabasso have a bachelor's degree or higher (Minnesota: 39.4%), and 10.1% have a graduate or professional degree.

Bachelor's degree or higher

Wabasso23.9%
Minnesota39.4%
United States35.7%

Jobs and commute in Wabasso

Unemployment rate
0.4%State: 4.1%
Average commute
19 minState: 23 min
Work from home
5.4%
Drive alone
69.6%
Public transit
0%
Walk to work
13.5%
Homes with broadband
81.6%

Wabasso vs nearby towns

TownPopulationMedian incomeHome valueRent
Wabasso603$63,750$109,600$637
Seaforth100$80,000——
Wanda104$82,083$164,600—
Lucan220$40,000$137,500$663
Clements109$54,375$63,100—
Vesta311$66,875$105,600—
Lamberton917$58,631$96,000$761
Redwood Falls5,068$61,750$162,100$832
Belview362$74,583$93,600$838

More for people moving to Wabasso

Wabasso ZIP code ›Weather and climate ›

Living in Wabasso: FAQ

What is the median household income in Wabasso, MN?

The median household income in Wabasso is $63,750, 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 Wabasso?

The median home value in Wabasso is $109,600, compared with $329,300 in Minnesota.

How much is rent in Wabasso?

The median gross rent in Wabasso is $637 per month, about 28.1% of household income.

Is Wabasso, MN a good place to live?

Pluses: home values 67% lower than the state median; an average commute of 19 minutes; unemployment of 0.4%; a poverty rate of 8.4%. Minuses: median household income 28% lower than the Minnesota median.

What is the median age in Wabasso?

The median age in Wabasso is 45.5 years (Minnesota: 38.8).

How long is the commute in Wabasso?

The average commute to work in Wabasso is 19 minutes; 5.4% of workers work from home.

What is the unemployment rate in Wabasso?

The unemployment rate in Wabasso is 0.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Wabasso?

23.9% of adults in Wabasso 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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