Living in Wanamingo, Minnesota

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

Wanamingo has 1,389 residents with a median age of 35.2. The median household income is $71,731 (19% lower than the Minnesota median), the median home value is $269,200, the median rent is $674/month.

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

Wanamingo at a glance

Population
1,389
Median age
35.2State: 38.8
Median household income
$71,731State: $89,062
Median home value
$269,200State: $329,300
Median rent
$674/moState: $1,280
Homeowners
75%
Bachelor's degree or higher
24.3%
Average commute
23 min

Is Wanamingo a good place to live?

Pros: Home values 18% lower than the state median; unemployment of 2%.

Cons: Median household income 19% lower than the Minnesota median; an average commute of 23 minutes; a poverty rate of 13.4%.

The weather is best in June to September.

Cost of living in Wanamingo

Housing is the biggest part of the cost of living. In Wanamingo the median home value is $269,200, 19% lower than the U.S. median. Renters pay a median of $674 per month, which is 26% of household income. Homeowners with a mortgage pay $1,827 a month in housing costs.

Median home value

Wanamingo$269,200
Minnesota$329,300
United States$332,700

Median monthly rent

Wanamingo$674
Minnesota$1,280
United States$1,413

Wanamingo median household income

The median household income in Wanamingo is $71,731 and the income per person is $38,694. 13.4% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Wanamingo$71,731
Minnesota$89,062
United States$80,734

Housing in Wanamingo: homes for sale and rent

Housing units
648
Owner-occupied
75%
Renter-occupied
25%
Vacant
5.6%Includes seasonal homes
Median year built
1984
Average household size
2.24

Wanamingo demographics

Population
1,389
Median age
35.2
Under 18
23.3%
65 and older
14.4%
Households
612
Foreign-born
2.9%
Veterans
4.3%Adults 18+

Race and ethnicity

White85.7%
Hispanic or Latino3%
Black8.6%
Asian0%

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

Education in Wanamingo

24.3% of adults 25 and older in Wanamingo have a bachelor's degree or higher (Minnesota: 39.4%), and 12.4% have a graduate or professional degree.

Bachelor's degree or higher

Wanamingo24.3%
Minnesota39.4%
United States35.7%

Jobs and commute in Wanamingo

Unemployment rate
2%State: 4.1%
Average commute
23 minState: 23 min
Work from home
4.7%
Drive alone
83.7%
Public transit
1.7%
Walk to work
3%
Homes with broadband
92.2%

Wanamingo vs nearby towns

TownPopulationMedian incomeHome valueRent
Wanamingo1,389$71,731$269,200$674
Zumbrota3,914$78,156$249,300$834
Kenyon1,824$82,500$216,800$869
Goodhue1,074$89,398$243,500$936
Pine Island3,580$104,432$350,500$1,110
West Concord843$70,536$180,400$799
Mazeppa1,004$92,061$242,900$943
Nerstrand215$85,833$211,100$1,350
Dennison223$55,000$211,400$1,750

More for people moving to Wanamingo

Wanamingo ZIP code ›Weather and climate ›

Living in Wanamingo: FAQ

What is the median household income in Wanamingo, MN?

The median household income in Wanamingo is $71,731, 19% 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 Wanamingo?

The median home value in Wanamingo is $269,200, compared with $329,300 in Minnesota.

How much is rent in Wanamingo?

The median gross rent in Wanamingo is $674 per month, about 26% of household income.

Is Wanamingo, MN a good place to live?

Pluses: home values 18% lower than the state median; unemployment of 2%. Minuses: median household income 19% lower than the Minnesota median; an average commute of 23 minutes; a poverty rate of 13.4%.

What is the median age in Wanamingo?

The median age in Wanamingo is 35.2 years (Minnesota: 38.8).

How long is the commute in Wanamingo?

The average commute to work in Wanamingo is 23 minutes; 4.7% of workers work from home.

What is the unemployment rate in Wanamingo?

The unemployment rate in Wanamingo is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Wanamingo?

24.3% of adults in Wanamingo 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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