Waterford is a township in Dakota County, Minnesota, home to about 543 people across 15 square miles. It has no ZIP code of its own: it’s part of 55057.
Homes sold for a median of $193 per square foot in the three months ending August 2026, a seller’s market.
Population54337 per sq mi
Median home value$378,800Census, as estimated by owners
Price per sq ft$193Sold homes, 3 months to August 2026
Each card is that ZIP code’s whole market, including any part outside Waterford. Seller’s market: under 4 months of supply; buyer’s market: over 6. Methodology
The Waterford guide is on the way
We’re writing up Waterford’s story and what everyday life there is like, for people thinking about moving in.
History
What it’s like to live there
Getting around
Things to do
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Around Waterford
Distances
Nearest major airport
Minneapolis–Saint Paul International Airport / Wold–Chamberlain Field (MSP)29 miles away
Nearest city of 250,000+
St. Paul, MN34 miles away
Nearest city of 1 million+
Chicago, IL330 miles away
Straight-line distances from the center of Waterford; driving is longer.
Source: Airports from OurAirports (scheduled passenger service); city centers and populations from the U.S. Census Bureau.
Who represents Waterford
U.S. Representative · Minnesota’s 2nd DistrictAngie Craig (D)
Source: Members of Congress from the congress-legislators project; districts from the Census Bureau’s relationship files; governor and mayor from Wikidata.
Population over time
Waterford had 538 residents in the 2020 census, up 4% since 2000.
It’s the 990th largest of 2,727 towns in Minnesota by population.
Dakota County grew from 21,733 residents in 1900 to 439,882 in 2020.
Dakota County, 1900–2020
Source: U.S. Census Bureau decennial censuses (counties 1900–1990 from the Bureau’s historical county file).
Weather by month
Average highs peak around 82°F in summer, and winter lows average 5°F. About 35.5 inches of rain and melted snow fall in a typical year, with about 43 inches of snow.
Source: NOAA 1991–2020 climate normals, Faribault, MN weather station (11 miles away).
Jobs in Dakota County
185,426 jobs at 10,964 businesses in Dakota County. The biggest industries by employees:
Source: U.S. Census Bureau County Business Patterns 2023 (private employers; jobs counted where people work).
Health care
275 doctors and other health care providers list an office in Waterford.
Nearest hospitals
Northfield HospitalGeneral hospital · emergency room · CMS rating 4 of 5 · Northfield1.4 miles
Mayo Clinic Health System - Cannon FallsCritical access hospital · emergency room · Cannon Falls12.3 miles
Allina Health Faribault Medical CenterGeneral hospital · emergency room · CMS rating 3 of 5 · Faribault12.7 miles
Providers with an office here
Primary care doctors
39
Specialist doctors
20
Dentists
15
Nurse practitioners and physician assistants
31
Mental health providers
105
Physical and occupational therapists
45
Optometrists
7
Chiropractors
13
Pharmacies
8
Source: Hospitals from CMS Hospital General Information (ratings are CMS overall star ratings); straight-line distances; providers from the CMS National Plan and Provider Enumeration System (NPPES), by practice address and primary specialty.
Places in and around Waterford
Parks (44 nearby)
Sechler Park · 62 acres1.0 mi
Hauberg Woods · 62 acres1.5 mi
Spring Creek Park & Playground · 34 acres1.6 mi
Babcock Park · 26 acres0.7 mi
Spring Creek Park · 22 acres1.6 mi
Meadows Park · 21 acres2.0 mi
Grocery stores (4 nearby)
Just Food Co-Op0.4 mi
Family Fare0.5 mi
Cub Foods2.1 mi
ALDI2.3 mi
Pharmacies (2 nearby)
Walgreens0.3 mi
Family Fare Pharmacy0.5 mi
Libraries (3 nearby)
Northfield Public Library0.4 mi
Hong Kierkegaard Library0.7 mi
Halvorson Music Library1.0 mi
Museums (1 nearby)
Northfield Historical Society0.4 mi
Theaters and performance venues (6 nearby)
Northfield Arts Guild0.1 mi
Way Park Amphitheater0.3 mi
Northfield Arts Guild0.4 mi
Grand Events Center0.4 mi
Pinnacle Performing Arts0.7 mi
Counts are within about 2.5 miles of the center of town.
Public schools here are run by Northfield Public School District, Prairie Creek Community School, Arcadia Charter School. Check each district’s attendance zones for a specific address.
Public schools(14)
School
Grades
Students
Type
Distance
Greenvale Park ElementaryNorthfield
Pre-K–5
488
Public
0.7 mi
Northfield Community Education CntrNorthfield
Pre-K
117
Public
0.7 mi
School Readiness PlusNorthfield
Pre-K–K
—
Public
0.7 mi
Spring Creek ElementaryNorthfield
Pre-K–5
445
Public
1.2 mi
Big 9 Online ElementaryNorthfield
K–5
—
Public
0.1 mi
Bridgewater ElementaryNorthfield
K–5
564
Public
1.3 mi
Out of State Care and TreatmentNorthfield
K–12
—
Alternative Education
0.1 mi
Prairie Creek Community SchoolNorthfield
K–5
180
Charter
6.2 mi
Arcadia Charter SchoolNorthfield
6–12
116
Charter
1.6 mi
Big 9 Online Middle SchoolNorthfield
6–8
—
Public
0.1 mi
Northfield Area Learning CenterNorthfield
6–12
107
Alternative Education
0.1 mi
Northfield MiddleNorthfield
6–8
845
Public
1.6 mi
Big 9 Online High SchoolNorthfield
9–12
—
Public
0.1 mi
Northfield Senior HighNorthfield
9–12
1,283
Public
1.0 mi
Private schools(1)
School
Grades
Students
Affiliation
Distance
Northfield MontessoriNorthfield
Pre-K–K
8
Nonsectarian
1.0 mi
Source: U.S. Department of Education, NCES: Common Core of Data (2024-2025) for public schools; Private School Universe Survey (2023-2024) for private schools. Listed by address; we don’t rate schools.
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Town boundaries don’t always match ZIP codes: a ZIP code can cross into neighboring towns, and a town can share a ZIP code with its neighbors. Facts describe the town itself; market figures describe whole ZIP codes.