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Cologne, MN

Full City Profile · Minnesota · Carver County County

3.8 /5.0
B+ Good
2,146 Population 1,199/sq mi density
$117,344 Median Income $53,581 per capita
$356,600 Home Value $397,205 Zillow
44°F Avg Temperature 270 sunny days/yr
73 Violent Crime/100K 1,265 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$117,344 median income, 3.7% unemployment
A+
Affordability
5.0 / 5.0
$356,600 home value, /mo rent
F
Safety
1.0 / 5.0
73 violent crimes/100K
A
Education
4.4 / 5.0
43.0% bachelor's degree or higher

Income Overview

Median Household Income
$117,344
56% above
US avg: $75,149
Per Capita Income
$53,581
37% above
US avg: $39,052
Unemployment Rate
3.7%
3% above
US avg: 3.6%
Poverty Rate
5.5%
56% below
US avg: 12.4%

Income Comparison: Cologne vs. U.S. Average

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

Median Household
US: $75,149
$117,344
156%
Per Capita
US: $39,052
$53,581
137%
IRS Avg AGI
US: $72,000
$131,468
183%
Avg Weekly Wage
US: $1,432
$1,297
91%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,297
9% below US avg ($1,432)
Mean Commute Time
27 min
3% below US avg (28 min)
Work From Home
29.9%
97% above US avg (15.2%)
Drive Alone
63.9%
13% below US avg (73.2%)
Public Transit
0.3%
93% below US avg (5.0%)
County GDP
$7,614M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 63.9%
Public Transit 0.3%
Work From Home 29.9%
Other 5.9%
Average commute time
27 minutes
US avg: 28 min

Business Landscape

Total Establishments
2,874
Restaurants
188
Healthcare
268
Retail
232
Manufacturing
153

Tax & Financial

IRS Avg Adjusted Gross Income
$131,468
83% above US avg ($72,000)
Avg Property Tax
$6,648
90% 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$117,344
Per Capita Income$53,581
IRS Avg Adjusted Gross Income$131,468
Avg Weekly Wage$1,297
County GDP$7,614M

Hardship Indicators

Unemployment Rate3.7%
Poverty Rate5.5%
Gini Coefficient0.415
Cost of Living Index98.6

Commute

Mean Commute27 minutes
Drive Alone63.9%
Public Transit0.3%
Work From Home29.9%

Businesses

Total Establishments2,874
Restaurants188
Healthcare268
Retail232
Manufacturing153

Tax

IRS Avg AGI$131,468
Avg Property Tax$6,648