Living in Chanhassen, Minnesota
Cost of living, income, home prices, rent and demographics of Chanhassen · Census data 2020–2024
Chanhassen has 26,006 residents with a median age of 41.5. The median household income is $143,651 (61% higher than the Minnesota median), the median home value is $566,300, the median rent is $1,831/month.
Chanhassen at a glance
- Population
- 26,006
- Median age
- 41.5State: 38.8
- Median household income
- $143,651State: $89,062
- Median home value
- $566,300State: $329,300
- Median rent
- $1,831/moState: $1,280
- Homeowners
- 84.1%
- Bachelor's degree or higher
- 64.1%
- Average commute
- 22 min
Is Chanhassen a good place to live?
Pros: Median household income 61% higher than the Minnesota median; an average commute of 22 minutes; unemployment of 3.2%; a poverty rate of 2.9%.
Cons: Home values 72% higher than the state median.
The weather is best in June to September.
Cost of living in Chanhassen
Housing is the biggest part of the cost of living. In Chanhassen the median home value is $566,300, 70% higher than the U.S. median. Renters pay a median of $1,831 per month, which is 28.6% of household income. Homeowners with a mortgage pay $2,753 a month in housing costs.
Chanhassen median household income
The median household income in Chanhassen is $143,651 and the income per person is $76,879. 2.9% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Chanhassen: homes for sale and rent
- Housing units
- 10,186
- Owner-occupied
- 84.1%
- Renter-occupied
- 15.9%
- Vacant
- 4%Includes seasonal homes
- Median year built
- 1994
- Average household size
- 2.65
Chanhassen demographics
- Population
- 26,006
- Median age
- 41.5
- Under 18
- 24.9%
- 65 and older
- 15.4%
- Households
- 9,780
- Foreign-born
- 9%
- Veterans
- 3.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Chanhassen ›
Education in Chanhassen
64.1% of adults 25 and older in Chanhassen have a bachelor's degree or higher (Minnesota: 39.4%), and 23.7% have a graduate or professional degree.
Jobs and commute in Chanhassen
- Unemployment rate
- 3.2%State: 4.1%
- Average commute
- 22 minState: 23 min
- Work from home
- 29.5%
- Drive alone
- 62.6%
- Public transit
- 0.8%
- Walk to work
- 0.9%
- Homes with broadband
- 96.5%
Chanhassen vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Chanhassen | 26,006 | $143,651 | $566,300 | $1,831 |
| Chaska | 28,706 | $110,956 | $404,700 | $1,553 |
| Excelsior | 2,570 | $103,068 | $909,200 | $1,143 |
| Shorewood | 7,647 | $171,063 | $703,200 | $1,607 |
| Greenwood | 699 | $215,278 | $1,240,400 | $1,885 |
| Tonka Bay | 1,270 | $156,458 | $917,100 | $2,320 |
| Eden Prairie | 63,051 | $130,489 | $473,900 | $1,833 |
| Victoria | 11,295 | $195,639 | $581,200 | $2,235 |
| Deephaven | 3,793 | $197,679 | $935,900 | — |
More for people moving to Chanhassen
Chanhassen ZIP code ›Weather and climate ›Living in Chanhassen: FAQ
What is the median household income in Chanhassen, MN?
The median household income in Chanhassen is $143,651, 61% higher than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Chanhassen?
The median home value in Chanhassen is $566,300, compared with $329,300 in Minnesota.
How much is rent in Chanhassen?
The median gross rent in Chanhassen is $1,831 per month, about 28.6% of household income.
Is Chanhassen, MN a good place to live?
Pluses: median household income 61% higher than the Minnesota median; an average commute of 22 minutes; unemployment of 3.2%; a poverty rate of 2.9%. Minuses: home values 72% higher than the state median.
What is the median age in Chanhassen?
The median age in Chanhassen is 41.5 years (Minnesota: 38.8).
How long is the commute in Chanhassen?
The average commute to work in Chanhassen is 22 minutes; 29.5% of workers work from home.
What is the unemployment rate in Chanhassen?
The unemployment rate in Chanhassen is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Chanhassen?
64.1% of adults in Chanhassen have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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