Cologne, MN

Full City Profile · Minnesota · Carver County County

4.7 /5.0
A+ Excellent
2,146 Population 1,199/sq mi density
$117,344 Median Income $53,581 per capita
$356,600 Home Value $400,097 Zillow
44°F Avg Temperature
A+
Overall
4.7 / 5.0
Strong
A+
Economy
4.6 / 5.0
$117,344 median income, 4.7% unemployment
A+
Affordability
5.0 / 5.0
$356,600 home value, /mo rent
A
Education
4.4 / 5.0
43.0% bachelor's degree or higher

Cologne, MN

At a Glance

Median Income
$117,344
56% above
$53,581 per capita
Home Value
$356,600
26% above
Zillow: $400,097
Bachelor's Degree+
43.0%
28% above
99.3% high school+
Unemployment
4.7%
31% above
5.5% poverty rate
Obesity Rate
32.7%
2% above
12.8% smoking rate
Avg Temperature
44°F

How Cologne Compares to the U.S. Average

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

Income
156%
Home Value
126%
Poverty
44%
Bachelor's
128%
Unemployment
131%
Thin vertical line = U.S. national average (100%)

Is Cologne a Good Place to Live?

A+
4.7 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Cologne residents earn a median household income of $117,344 , which is 56% above the national average of $75,149. Per capita income is $53,581. The unemployment rate stands at 4.7% (31% above the U.S. rate of 3.6%). 5.5% 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 Cologne is $356,600 , 26% above the national median of $281,900. Zillow estimates the typical home at $400,097. The cost of living index is 98.6 (100 = national average). The median home was built in 2003.

Education

43.0% of adults in Cologne hold a bachelor's degree or higher (28% above the national average). 99.3% have completed high school. Local schools score 7.2/10 in standardized testing.

Climate & Weather

Cologne has an average annual temperature of 44°F (7°C). Winters average 13°F in January while summers reach 71°F in July. Annual precipitation totals 34.1 inches.

Data Overview

People

Population2,146
Median Age36.9 yrs
Density1,199/mi²
Male / Female53% / 47%
Foreign Born3.0%
Veterans3.2%

Economy

A+
Median Income$117,344
Per Capita$53,581
Unemployment4.7%
Poverty5.5%
County GDP$7,614M
Avg Weekly Wage$1,297

Housing

A+
Home Value$356,600
Rent
Ownership89.7%
Zillow$400,097
Housing Units806
Rent Burden32.3%

Health

Obesity32.7%
Diabetes7.6%
Smoking12.8%
Heart Disease4.6%
Premature Death3,990/100K

Climate

Avg Temp44°F
Rain34.1 in/yr
Elevation946 ft

Education

A
Bachelor's+43.0%
High School+99.3%
Graduate+14.7%
School Score7.2/10

Community

2024 VoteR 52% / D 46%
Commute27 min
Broadband96.6%
Internet Speed126 Mbps
EV Stations1
Libraries7

Did You Know?

The median home in Cologne was built in 2003.
29.9% work from home.
The nearest airport is Minneapolis-St Paul International/Wold-Chamberlain (29 miles).
The Gini coefficient (income inequality) is 0.415 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
9.8% 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.