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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 Rate5.4%
Poverty Rate7.3%
Gini Coefficient0.432
Cost of Living Index98.6

Commute

Mean Commute24 minutes
Drive Alone77.7%
Public Transit0.0%
Work From Home13.7%

Businesses

Total Establishments1,352
Restaurants107
Healthcare170
Retail178
Manufacturing36

Tax

IRS Avg AGI$70,727
Avg Property Tax$4,534