minot was married in 1913 to anna marie shaughnessy. they had five children, ruth (born 1914), wayland, jr. (born 1915), anna (born 1918), elizabeth (born 1922), and herbert (born 1925). in the late 1920s, he lived in cambridge, massachusetts, and served as parks commissioner. in 1930, cambridge mayor richard m. russell nominated minot to serve as city treasurer, but his nomination was rejected by the city council. minot later became an investment counselor in boston, massachusetts.