Living in Waite Park, Minnesota
Cost of living, income, home prices, rent and demographics of Waite Park · Census data 2020–2024
Waite Park has 8,399 residents with a median age of 38.1. The median household income is $59,285 (33% lower than the Minnesota median), the median home value is $219,400, the median rent is $1,117/month.
Waite Park at a glance
- Population
- 8,399
- Median age
- 38.1State: 38.8
- Median household income
- $59,285State: $89,062
- Median home value
- $219,400State: $329,300
- Median rent
- $1,117/moState: $1,280
- Homeowners
- 51.3%
- Bachelor's degree or higher
- 20.1%
- Average commute
- 19 min
Is Waite Park a good place to live?
Pros: Home values 33% lower than the state median; an average commute of 19 minutes.
Cons: Median household income 33% lower than the Minnesota median; unemployment of 7.5%; a poverty rate of 21.2%.
The weather is best in June to September.
Cost of living in Waite Park
Housing is the biggest part of the cost of living. In Waite Park the median home value is $219,400, 34% lower than the U.S. median. Renters pay a median of $1,117 per month, which is 40.3% of household income. Homeowners with a mortgage pay $1,623 a month in housing costs.
Waite Park median household income
The median household income in Waite Park is $59,285 and the income per person is $29,293. 21.2% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Waite Park: homes for sale and rent
- Housing units
- 3,688
- Owner-occupied
- 51.3%
- Renter-occupied
- 48.7%
- Vacant
- 3.5%Includes seasonal homes
- Median year built
- 1992
- Average household size
- 2.34
Waite Park demographics
- Population
- 8,399
- Median age
- 38.1
- Under 18
- 26.2%
- 65 and older
- 18.1%
- Households
- 3,559
- Foreign-born
- 28%
- Veterans
- 5.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Waite Park ›
Education in Waite Park
20.1% of adults 25 and older in Waite Park have a bachelor's degree or higher (Minnesota: 39.4%), and 5.9% have a graduate or professional degree.
Jobs and commute in Waite Park
- Unemployment rate
- 7.5%State: 4.1%
- Average commute
- 19 minState: 23 min
- Work from home
- 5.8%
- Drive alone
- 80.2%
- Public transit
- 1.9%
- Walk to work
- 3.5%
- Homes with broadband
- 85.2%
Waite Park vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Waite Park | 8,399 | $59,285 | $219,400 | $1,117 |
| St. Cloud | 70,629 | $61,374 | $225,000 | $1,003 |
| St. Joseph | 7,021 | $74,946 | $237,700 | $1,136 |
| Rockville | 2,452 | $105,329 | $365,800 | $815 |
| St. Augusta | 3,625 | $140,227 | $388,400 | — |
| Sauk Rapids | 13,852 | $71,841 | $256,100 | $964 |
| Sartell | 19,758 | $84,131 | $297,300 | $1,275 |
| Cold Spring | 4,249 | $72,228 | $280,400 | $1,424 |
| Avon | 1,552 | $91,563 | $245,100 | $1,039 |
More for people moving to Waite Park
Waite Park ZIP code ›Weather and climate ›Living in Waite Park: FAQ
What is the median household income in Waite Park, MN?
The median household income in Waite Park is $59,285, 33% 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 Waite Park?
The median home value in Waite Park is $219,400, compared with $329,300 in Minnesota.
How much is rent in Waite Park?
The median gross rent in Waite Park is $1,117 per month, about 40.3% of household income.
Is Waite Park, MN a good place to live?
Pluses: home values 33% lower than the state median; an average commute of 19 minutes. Minuses: median household income 33% lower than the Minnesota median; unemployment of 7.5%; a poverty rate of 21.2%.
What is the median age in Waite Park?
The median age in Waite Park is 38.1 years (Minnesota: 38.8).
How long is the commute in Waite Park?
The average commute to work in Waite Park is 19 minutes; 5.8% of workers work from home.
What is the unemployment rate in Waite Park?
The unemployment rate in Waite Park is 7.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Waite Park?
20.1% of adults in Waite Park 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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