Living in Cottage Grove, Minnesota
Cost of living, income, home prices, rent and demographics of Cottage Grove · Census data 2020–2024
Cottage Grove has 40,992 residents with a median age of 36.5. The median household income is $120,791 (36% higher than the Minnesota median), the median home value is $378,800, the median rent is $1,783/month.
Cottage Grove at a glance
- Population
- 40,992
- Median age
- 36.5State: 38.8
- Median household income
- $120,791State: $89,062
- Median home value
- $378,800State: $329,300
- Median rent
- $1,783/moState: $1,280
- Homeowners
- 88.2%
- Bachelor's degree or higher
- 40.8%
- Average commute
- 24 min
Is Cottage Grove a good place to live?
Pros: Median household income 36% higher than the Minnesota median; unemployment of 3.7%; a poverty rate of 4.2%.
Cons: Home values 15% higher than the state median; an average commute of 24 minutes.
The weather is best in June to September.
Cost of living in Cottage Grove
Housing is the biggest part of the cost of living. In Cottage Grove the median home value is $378,800, 14% higher than the U.S. median. Renters pay a median of $1,783 per month, which is 33.3% of household income. Homeowners with a mortgage pay $2,254 a month in housing costs.
Cottage Grove median household income
The median household income in Cottage Grove is $120,791 and the income per person is $49,540. 4.2% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Cottage Grove: homes for sale and rent
- Housing units
- 14,487
- Owner-occupied
- 88.2%
- Renter-occupied
- 11.8%
- Vacant
- 0.6%Includes seasonal homes
- Median year built
- 1990
- Average household size
- 2.84
Cottage Grove demographics
- Population
- 40,992
- Median age
- 36.5
- Under 18
- 25.4%
- 65 and older
- 14.1%
- Households
- 14,395
- Foreign-born
- 8.4%
- Veterans
- 5.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Cottage Grove ›
Education in Cottage Grove
40.8% of adults 25 and older in Cottage Grove have a bachelor's degree or higher (Minnesota: 39.4%), and 12.3% have a graduate or professional degree.
Jobs and commute in Cottage Grove
- Unemployment rate
- 3.7%State: 4.1%
- Average commute
- 24 minState: 23 min
- Work from home
- 21.1%
- Drive alone
- 69.2%
- Public transit
- 0.3%
- Walk to work
- 0.5%
- Homes with broadband
- 94.4%
Cottage Grove vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cottage Grove | 40,992 | $120,791 | $378,800 | $1,783 |
| St. Paul Park | 5,457 | $100,642 | $263,500 | $2,174 |
| Newport | 4,754 | $71,979 | $378,100 | $1,122 |
| Hastings | 22,117 | $93,998 | $322,400 | $1,183 |
| Woodbury | 78,305 | $125,310 | $450,200 | $1,908 |
| Inver Grove Heights | 35,906 | $101,316 | $363,400 | $1,465 |
| Prescott | 4,503 | $74,412 | $306,900 | $1,189 |
| Afton | 2,957 | $133,305 | $679,300 | $2,333 |
| South St. Paul | 20,611 | $87,994 | $281,600 | $1,199 |
More for people moving to Cottage Grove
Cottage Grove ZIP code ›Weather and climate ›Living in Cottage Grove: FAQ
What is the median household income in Cottage Grove, MN?
The median household income in Cottage Grove is $120,791, 36% 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 Cottage Grove?
The median home value in Cottage Grove is $378,800, compared with $329,300 in Minnesota.
How much is rent in Cottage Grove?
The median gross rent in Cottage Grove is $1,783 per month, about 33.3% of household income.
Is Cottage Grove, MN a good place to live?
Pluses: median household income 36% higher than the Minnesota median; unemployment of 3.7%; a poverty rate of 4.2%. Minuses: home values 15% higher than the state median; an average commute of 24 minutes.
What is the median age in Cottage Grove?
The median age in Cottage Grove is 36.5 years (Minnesota: 38.8).
How long is the commute in Cottage Grove?
The average commute to work in Cottage Grove is 24 minutes; 21.1% of workers work from home.
What is the unemployment rate in Cottage Grove?
The unemployment rate in Cottage Grove is 3.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cottage Grove?
40.8% of adults in Cottage Grove 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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