Cohasset, MN

Full City Profile · Minnesota · Itasca County County

4.0 /5.0
A Great
2,700 Population 98/sq mi density
$87,833 Median Income $51,118 per capita
$315,700 Home Value $347,101 Zillow
$917 Median Rent 21.5% income on rent
40°F Avg Temperature
A
Overall
4.0 / 5.0
Strong
B+
Economy
3.6 / 5.0
$87,833 median income, 8.9% unemployment
A+
Affordability
4.7 / 5.0
$315,700 home value, $917/mo rent
B+
Education
3.6 / 5.0
33.0% bachelor's degree or higher

Cohasset, MN

At a Glance

Median Income
$87,833
17% above
$51,118 per capita
Home Value
$315,700
12% above
Zillow: $347,101
Median Rent
$917/mo
21% below
21.5% of income on rent
Bachelor's Degree+
33.0%
2% below
96.9% high school+
Unemployment
8.9%
147% above
7.3% poverty rate
Obesity Rate
34.9%
9% above
15.3% smoking rate
Avg Temperature
40°F

How Cohasset Compares to the U.S. Average

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

Income
117%
Home Value
112%
Rent
79%
Poverty
59%
Bachelor's
98%
Unemployment
247%
Thin vertical line = U.S. national average (100%)

Is Cohasset a Good Place to Live?

A
4.0 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Cohasset residents earn a median household income of $87,833 , which is 17% above the national average of $75,149. Per capita income is $51,118. The unemployment rate stands at 8.9% (147% above the U.S. rate of 3.6%). 7.3% of residents live below the poverty line. The area is home to 1,352 business establishments, including 107 restaurants.

Housing & Cost of Living

The median home value in Cohasset is $315,700 , 12% above the national median of $281,900. Zillow estimates the typical home at $347,101. Median rent is $917/month, with 21.5% 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 1986.

Education

33.0% of adults in Cohasset hold a bachelor's degree or higher (2% below the national average). 96.9% have completed high school. Local schools score 5.9/10 in standardized testing.

Climate & Weather

Cohasset has an average annual temperature of 40°F (4°C). Winters average 8°F in January while summers reach 67°F in July. Annual precipitation totals 27.7 inches.

Data Overview

People

Population2,700
Median Age43.8 yrs
Density98/mi²
Male / Female51% / 49%
Foreign Born0.6%
Veterans8.9%

Economy

B+
Median Income$87,833
Per Capita$51,118
Unemployment8.9%
Poverty7.3%
County GDP$2,579M
Avg Weekly Wage$1,040

Housing

A+
Home Value$315,700
Rent$917
Ownership91.9%
Zillow$347,101
Housing Units1,312
Rent Burden21.5%

Health

Obesity34.9%
Diabetes9.3%
Smoking15.3%
Heart Disease5.2%
Premature Death9,838/100K

Climate

Avg Temp40°F
Rain27.7 in/yr
Elevation1,281 ft

Education

B+
Bachelor's+33.0%
High School+96.9%
Graduate+11.4%
School Score5.9/10

Community

2024 VoteR 59% / D 39%
Commute24 min
Broadband87.5%
Internet Speed149 Mbps
EV Stations1
Libraries6

Did You Know?

The median home in Cohasset was built in 1986.
The nearest airport is Range Regional (40 miles).
The Gini coefficient (income inequality) is 0.432 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
10.2% of the population has a disability.
Average internet download speed is 149 Mbps.
There are 107 restaurants in the area.
The county recorded 4 fatal vehicle crashes.