Also See Waterville, MN: ZIP Codes & Maps
The City of Waterville had a population of 1,842 as of July 1, 2024.
The primary coordinate point for Waterville is located at latitude 44.2189 and longitude -93.568 in Le Sueur County. The formal boundaries for the City of Waterville encompass a land area of 1.7 sq. miles and a water area of 0.63 sq. miles. Le Sueur County is in the Central time zone (GMT -6).
The City of Waterville has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
POPULATION | |
---|---|
Total Population | 1,842 (100%) |
Population in Households | 1,819 (98.8%) |
Population in Families | 1,365 (74.1%) |
Population in Group Quarters1 | 23 ( 1.2%) |
Population Density | 1,093 |
Diversity Index2 | 16 |
INCOME | |
Median Household Income | $78,861 |
Average Household Income | $98,237 |
% of Income for Mortgage4 | 26% |
Per Capita Income | $42,952 |
Wealth Index5 | 91 |
Socioeconomic Status Index6 | Moderate (54.1) |
HOUSING | |
---|---|
Total HU (Housing Units) | 938 (100%) |
Owner Occupied HU | 583 (62.2%) |
Renter Occupied HU | 222 (23.7%) |
Vacant Housing Units | 133 (14.2%) |
Median Home Value | $324,843 |
Average Home Value | $360,120 |
Housing Affordability Index3 | 94 |
HOUSEHOLDS | |
Total Households | 805 |
Average Household Size | 2.26 |
Family Households | 482 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2024 | 2024-2029 |
---|---|---|
Population | 1.35% | 0.16% |
Households | 0.12% | 0.17% |
Families | 0.17% | |
Median Household Income | 2.33% | |
Per Capita Income | 2.92% | |
Owner Occupied HU | 0.98% |
The table below compares Waterville to the other 914 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 276 | 70th |
Population Density | # 242 | 74th |
Median Household Income | # 423 | 54th |
Housing Affordability Index | # 361 | 39th |
Per Capita Income | # 385 | 58th |
Diversity Index | # 636 | 31st |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.
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