Market Snapshot

Report generated March 2026

IndicatorValue
Population11,169
↓ 0.8% since 2020
Median Household Income$70,593
5% below national median
Median Home Value$151,600
Unemployment Rate5.5%
Median Age40.6 years
Housing Vacancy Rate12.0%

County Profile

DemographicValue
Total Population (2023)11,169
Population (2020)11,253
Population Growth-0.75%
Median Household Income$70,593
Median Home Value$151,600
Total Housing Units4,904
Vacant Housing Units590
Housing Vacancy Rate12.0%
Median Age40.6
Bachelor's Degree or Higher1,001 (9.0%)
Unemployment Rate5.5%

Market Overview

Watonwan County, Minnesota has a population of 11,169, which has declined 0.75% since 2020. The median household income is $70,593, below the national median of $74,580 by 5.3%. The housing vacancy rate of 12.0% suggests balanced market conditions. The county's location in Minnesota makes it accessible for investors and developers seeking rural land.

Frequently Asked Questions

What is the current population of Watonwan County, Minnesota?
As of the 2023 American Community Survey, Watonwan County has a population of 11,169. The county has declined 0.75% since the 2020 Census.
What is the median household income in Watonwan County?
The median household income in Watonwan County is $70,593, which is 5.3% below the national median of $74,580.
Is Watonwan County growing or shrinking?
Watonwan County is shrinking. The population has declined 0.75% since 2020.
What is the housing market like in Watonwan County?
The median home value in Watonwan County is $151,600. The housing vacancy rate is 12.0%, which suggests balanced market conditions. The unemployment rate is 5.5%, reflecting the local economic conditions.
Does Reelvest buy land in Watonwan County, Minnesota?
Yes! Reelvest Properties buys vacant land throughout Minnesota, including Watonwan County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.