Waconia is a city in Minnesota state in USA with a population of 12281 residents.. The poverty rate of Waconia is 2.7%, which is 81% lower than national average. The typical household in Waconia earns $100583 a year, compared to the national median of $67,500. Nearly 23.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Waconia, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Waconia remained 2.1%, which is 55% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Waconia, only 50% of adults have a bachelor's degree and 31% have some college but no degree.

Cost of living in Waconia is 111, which is 11% higher than national average. Median home value in Waconia is $321500 , which is 40% higher than national average. While median income in Waconia remained $100583, which is 49% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.