Where does this demographic data come from?

All demographic data comes from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates, which samples about 3.5 million households annually. The 5-year estimates provide the most reliable data for small geographies like municipalities.

What is the difference between Census data and ACS data?

The decennial Census (conducted every 10 years) is a full population count focusing on basic demographics. The ACS is an ongoing survey that collects detailed data on income, education, housing, commute patterns, and more. ACS data is updated annually but represents averages over a 5-year period.

How accurate is this data for small towns?

For smaller municipalities, ACS estimates have wider margins of error because fewer residents are sampled. The 5-year estimates reduce this uncertainty by averaging over a longer period. For towns under 5,000 people, treat specific numbers as approximations rather than precise counts.

Waterville, MN Population, Income & Demographics 2026

CSAMinneapolis-St. Paul MSAMinneapolis-St. Paul-Bloomington#148/210 Population

Showing latest census year. Full demographic history available with a paid plan. View plans →

Demographics — 2024 ACS 5-Year Estimatesi

Census

Populationi

1,947

Median Agei

43.8

Race & Ethnicityi

White

87.9%1,711

Hispanic/Latino

7.2%140

Two or More

1.5%30

American Indian/Alaska Native

1.4%28

Black

1.3%26

Asian

0.5%10

Other

0.1%2

Educational Attainment (Age 25+)i

GED/Alternative

4.8%69

High School Diploma

31.5%453

Some College (<1 yr)

14.5%208

Some College (1+ yr)

10.9%156

Associate's Degree

12.5%179

Bachelor's Degree

12.9%186

Master's Degree

4.8%69

Professional Degree

1.3%18

HS or Higher

93.1%

BA or Higher

19%

Graduate+

6.1%

Housingi

Median Home Valuei

$236,000

Median Renti

$884

Tenure

Owner-Occupied

76.3%678

Renter-Occupied

23.7%211

Total Units

1,050

Homeownership

76.3%

Vacancy Rate

15.3%

Economyi

Median Household Incomei

$76,406

Mean Household Incomei

$86,141

Per Capita Incomei

$36,218

Poverty Ratei

11.8%

Unemploymenti

7.3%

Labor Forcei

1,079

Federally Subsidized Housingi

HUD

The federal government helps low-income families, seniors, and people with disabilities afford housing through several programs. Residents typically pay about 30% of their income toward rent, with the government covering the rest. This data shows how many households in this community receive that assistance.

Subsidized Homesi

Residentsi

Avg. Tenant Renti

$397/mo

Programs in this community

Housing Choice Vouchers35 homes33% occupied$406/mo rent

Rental vouchers (Section 8) that help tenants pay for private-market housing

Project Based Section 816 homes96% occupied$377/mo rent

Privately owned apartments with rent subsidies tied to the building

Household Incomei

Based on area median of $76,406/yr

Extremely low incomeUnder $23K/yr

97.8%

Very low income$23K–$38K/yr

2.2%

Who Receives This Housing

89.4% of subsidized households are headed by a single mother

16.7% of subsidized households are minority

58.6% of subsidized households include someone with a disability

67.6% of subsidized households include a senior (62+)

Social Characteristicsi

Veteransi

88(5.5% of civilian adults)