Chanhassen, MN

Full City Profile · Minnesota · Carver County County

4.8 /5.0
A+ Excellent
26,001 Population 1,277/sq mi density
$138,034 Median Income $71,799 per capita
$530,700 Home Value $561,960 Zillow
$1,749 Median Rent 26.2% income on rent
47°F Avg Temperature
A+
Overall
4.8 / 5.0
Strong
A+
Economy
4.8 / 5.0
$138,034 median income, 3.5% unemployment
A+
Affordability
4.5 / 5.0
$530,700 home value, $1,749/mo rent
A+
Education
5.0 / 5.0
64.4% bachelor's degree or higher

Chanhassen, MN

At a Glance

Median Income
$138,034
84% above
$71,799 per capita
Home Value
$530,700
88% above
Zillow: $561,960
Median Rent
$1,749/mo
50% above
26.2% of income on rent
Bachelor's Degree+
64.4%
91% above
98.1% high school+
Unemployment
3.5%
3% below
2.1% poverty rate
Obesity Rate
29.7%
7% below
9.3% smoking rate
Avg Temperature
47°F

How Chanhassen Compares to the U.S. Average

Each bar shows Chanhassen's value as a percentage of the national average (100% = U.S. avg)

Income
184%
Home Value
188%
Rent
150%
Poverty
17%
Bachelor's
191%
Unemployment
97%
Thin vertical line = U.S. national average (100%)

Is Chanhassen a Good Place to Live?

A+
4.8 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Chanhassen residents earn a median household income of $138,034 , which is 84% above the national average of $75,149. Per capita income is $71,799. The unemployment rate stands at 3.5% (3% below the U.S. rate of 3.6%). 2.1% of residents live below the poverty line. The area is home to 2,874 business establishments, including 188 restaurants.

Housing & Cost of Living

The median home value in Chanhassen is $530,700 , 88% above the national median of $281,900. Zillow estimates the typical home at $561,960. Median rent is $1,749/month, with 26.2% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1993.

Education

64.4% of adults in Chanhassen hold a bachelor's degree or higher (91% above the national average). 98.1% have completed high school. Local schools score 7.2/10 in standardized testing.

Climate & Weather

Chanhassen has an average annual temperature of 47°F (8°C). Winters average 16°F in January while summers reach 74°F in July. Annual precipitation totals 30.6 inches.

Data Overview

People

Population26,001
Median Age40.9 yrs
Density1,277/mi²
Male / Female49% / 51%
Foreign Born8.5%
Veterans3.8%

Economy

A+
Median Income$138,034
Per Capita$71,799
Unemployment3.5%
Poverty2.1%
County GDP$7,614M
Avg Weekly Wage$1,297

Housing

A+
Home Value$530,700
Rent$1,749
Ownership84.4%
Zillow$561,960
Housing Units10,096
Rent Burden26.2%

Health

Obesity29.7%
Diabetes6.8%
Smoking9.3%
Heart Disease4.0%
Premature Death3,990/100K

Climate

Avg Temp47°F
Rain30.6 in/yr
Elevation952 ft

Education

A+
Bachelor's+64.4%
High School+98.1%
Graduate+22.7%
School Score7.2/10

Community

2024 VoteR 52% / D 46%
Commute22 min
Broadband96.8%
Internet Speed126 Mbps
EV Stations1
Libraries7

Did You Know?

Chanhassen was founded in 1969.
The median home in Chanhassen was built in 1993.
26.9% work from home.
The nearest airport is Minneapolis-St Paul International/Wold-Chamberlain (17 miles).
The Gini coefficient (income inequality) is 0.415 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
6.6% of the population has a disability.
Average internet download speed is 126 Mbps.
There are 188 restaurants in the area.
The county recorded 9 fatal vehicle crashes.