How many renters in Waconia, MN pay more than 30% of their income on rent?
44.2% (±12.5 points) of renting households in Waconia, MN spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
29.1% spend 35% or more.
The median renting household spends 28.1% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 44.2% (±12.5 points)
- Paying 35% or more
- 29.1% (±10.2 points)
- Median share of income
- 28.1% (±3.5 points)
Rent as a share of income in Waconia
| Share of income spent on rent | Waconia | Carver County | Minnesota | United States |
|---|---|---|---|---|
| Less than 15% | 6.2% (±6.8 points) | 12.0% | 12.9% | 12.6% |
| 15% to 19.9% | 12.9% (±10.8 points) | 17.5% | 12.9% | 12.2% |
| 20% to 24.9% | 21.2% (±8.9 points) | 17.4% | 13.9% | 12.6% |
| 25% to 29.9% | 15.5% (±8.6 points) | 10.2% | 12.1% | 11.5% |
| 30% to 34.9% | 15.1% (±7.2 points) | 11.5% | 9.7% | 9.2% |
| 35% or more | 29.1% (±10.2 points) | 31.5% | 38.4% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Waconia against Carver County, its state and the nation
| Waconia | Carver County | Minnesota | United States | |
|---|---|---|---|---|
| Paying 30% or more | 44.2% (±12.5 points) | 43.0% (±4.8 points) | 48.1% (±0.6 points) | 51.1% |
| Paying 35% or more | 29.1% (±10.2 points) | 31.5% (±3.8 points) | 38.4% (±0.5 points) | 41.9% |
| Median share of income | 28.1% (±3.5 points) | 26.5% (±2.1 points) | 29.2% (±0.3 points) | 30.6% |
| Median renter household income | $55,441 (±$12,626) | $68,811 (±$2,884) | $51,080 (±$531) | $52,966 |
| Median gross rent | $1,330 (±$198) | $1,514 (±$76) | $1,280 (±$7) | $1,413 |
In Waconia, the share of renters paying 30% or more of income is not measurably different from Carver County (43.0%).
It is not measurably different from Minnesota (48.1%).
It is not measurably different from the national figure (51.1%).
In Carver County, Waconia ranks 9 of 21 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 840 of 2,184.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Waconia
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Waconia | — | 44.2% (±12.5 points) | — |
| Waconia Township | 3.0 mi | 32.3% (±76.4 points) | Not measurably different |
| Laketown Township | 3.2 mi | 64.7% (±59.4 points) | Not measurably different |
| St. Bonifacius | 4.8 mi | 40.9% (±32.9 points) | Not measurably different |
| Cologne | 5.0 mi | 70.4% (±39.0 points) | Not measurably different |
| Watertown Township | 6.0 mi | 26.7% (±73.4 points) | Not measurably different |
| Mayer | 6.1 mi | 54.5% (±51.8 points) | Not measurably different |
| Benton Township | 6.6 mi | 50.0% (±111.8 points) | Not measurably different |
| Victoria | 6.6 mi | 16.9% (±19.9 points) | Lower |
Nearby places with a measurably lower figure: Victoria, MN (16.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Carver County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 3 | Cologne | 70.4% (±39.0 points) |
| 4 | Laketown Township | 64.7% (±59.4 points) |
| 5 | Mayer | 54.5% (±51.8 points) |
| 6 | Norwood Young America | 53.6% (±25.2 points) |
| 7 | Benton Township | 50.0% (±111.8 points) |
| 8 | Chanhassen | 48.4% (±11.5 points) |
| 9 | Waconia | 44.2% (±12.5 points) |
| 10 | Chaska | 41.9% (±8.4 points) |
| 11 | New Germany | 41.7% (±63.8 points) |
| 12 | Dahlgren Township | 40.9% (±65.2 points) |
| 13 | Hollywood Township | 39.5% (±48.2 points) |
| 14 | Waconia Township | 32.3% (±76.4 points) |
| 15 | Camden Township | 27.3% (±80.8 points) |
Showing 13 of 21 places in Carver County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Waconia
Are renters in Waconia rent-burdened?
44.2% of renting households in Waconia pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Waconia spend on rent?
The median renting household in Waconia, MN spends 28.1% (±3.5 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Waconia city, Minnesota
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Waconia city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Waconia city, Minnesota
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Waconia city, Minnesota (place:67432, in state:27).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Housing data for every place in Minnesota