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 Rate | 3.7% |
| Poverty Rate | 5.5% |
| Gini Coefficient | 0.415 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 27 minutes |
| Drive Alone | 63.9% |
| Public Transit | 0.3% |
| Work From Home | 29.9% |
Businesses
| Total Establishments | 2,874 |
| Restaurants | 188 |
| Healthcare | 268 |
| Retail | 232 |
| Manufacturing | 153 |
Tax
| IRS Avg AGI | $131,468 |
| Avg Property Tax | $6,648 |
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