Cohasset, MN
Full City Profile · Minnesota · Itasca County County
3.4
/5.0
B
Good
2,700
Population
98/sq mi density
$87,833
Median Income
$51,118 per capita
$315,700
Home Value
$330,008 Zillow
$917
Median Rent
21.5% income on rent
40°F
Avg Temperature
276 sunny days/yr
218
Violent Crime/100K
3,512 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$87,833 median income, 5.4% unemployment
A+
Affordability
4.7 / 5.0
$315,700 home value, $917/mo rent
F
Safety
1.0 / 5.0
218 violent crimes/100K
B+
Education
3.6 / 5.0
33.0% bachelor's degree or higher
Income Overview
Median Household Income
$87,833
17% above
US avg: $75,149
Per Capita Income
$51,118
31% above
US avg: $39,052
Unemployment Rate
5.4%
50% above
US avg: 3.6%
Poverty Rate
7.3%
41% below
US avg: 12.4%
Income Comparison: Cohasset vs. U.S. Average
Each bar shows Cohasset’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$87,833
117%
Per Capita
US: $39,052
$51,118
131%
IRS Avg AGI
US: $72,000
$70,727
98%
Avg Weekly Wage
US: $1,432
$1,040
73%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,040
27% below US avg ($1,432)
Mean Commute Time
24 min
14% below US avg (28 min)
Work From Home
13.7%
10% below US avg (15.2%)
Drive Alone
77.7%
6% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,579M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
77.7%
Public Transit
0%
Work From Home
13.7%
Other
8.6%
Average commute time
24 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,352
Restaurants
107
Healthcare
170
Retail
178
Manufacturing
36
Tax & Financial
IRS Avg Adjusted Gross Income
$70,727
2% below US avg ($72,000)
Avg Property Tax
$4,534
30% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $87,833 |
| Per Capita Income | $51,118 |
| IRS Avg Adjusted Gross Income | $70,727 |
| Avg Weekly Wage | $1,040 |
| County GDP | $2,579M |
Hardship Indicators
| Unemployment Rate | 5.4% |
| Poverty Rate | 7.3% |
| Gini Coefficient | 0.432 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 24 minutes |
| Drive Alone | 77.7% |
| Public Transit | 0.0% |
| Work From Home | 13.7% |
Businesses
| Total Establishments | 1,352 |
| Restaurants | 107 |
| Healthcare | 170 |
| Retail | 178 |
| Manufacturing | 36 |
Tax
| IRS Avg AGI | $70,727 |
| Avg Property Tax | $4,534 |
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