Corcoran, MN

Full City Profile · Minnesota · Hennepin County County

4.0 /5.0
A Great
6,854 Population 191/sq mi density
$143,250 Median Income $66,970 per capita
$540,100 Home Value $602,685 Zillow
46°F Avg Temperature
12 Violent Crime/100K 507 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$143,250 median income, 1.3% unemployment
A+
Affordability
4.6 / 5.0
$540,100 home value, /mo rent
D
Safety
1.5 / 5.0
12 violent crimes/100K
A+
Education
5.0 / 5.0
52.8% bachelor's degree or higher

Corcoran, MN

At a Glance

Median Income
$143,250
91% above
$66,970 per capita
Home Value
$540,100
92% above
Zillow: $602,685
Violent Crime
12/100K
97% below
507/100K property
Bachelor's Degree+
52.8%
57% above
96.4% high school+
Unemployment
1.3%
64% below
2.2% poverty rate
Obesity Rate
23.9%
26% below
9.8% smoking rate
Avg Temperature
46°F

How Corcoran Compares to the U.S. Average

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

Income
191%
Home Value
192%
Poverty
18%
Bachelor's
157%
Unemployment
36%
Crime
3%
Thin vertical line = U.S. national average (100%)

Is Corcoran a Good Place to Live?

A
4.0 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Corcoran residents earn a median household income of $143,250 , which is 91% above the national average of $75,149. Per capita income is $66,970. The unemployment rate stands at 1.3% (64% below the U.S. rate of 3.6%). 2.2% of residents live below the poverty line. The area is home to 44,785 business establishments, including 3,018 restaurants.

Housing & Cost of Living

The median home value in Corcoran is $540,100 , 92% above the national median of $281,900. Zillow estimates the typical home at $602,685. The cost of living index is 98.6 (100 = national average). The median home was built in 1980.

Safety & Crime

Corcoran reports 12 violent crimes per 100,000 residents , which is 97% below the national average of 380/100K. Property crime is 507/100K.

Education

52.8% of adults in Corcoran hold a bachelor's degree or higher (57% above the national average). 96.4% have completed high school. Local schools score 6.2/10 in standardized testing.

Climate & Weather

Corcoran has an average annual temperature of 46°F (8°C). Winters average 16°F in January while summers reach 73°F in July. Annual precipitation totals 30.7 inches. Air quality is rated Good with a median AQI of 42.

Data Overview

People

Population6,854
Median Age41.5 yrs
Density191/mi²
Male / Female50% / 50%
Foreign Born15.7%
Veterans5.6%

Economy

A+
Median Income$143,250
Per Capita$66,970
Unemployment1.3%
Poverty2.2%
County GDP$193,617M
Avg Weekly Wage$1,734

Housing

A+
Home Value$540,100
Rent
Ownership94.7%
Zillow$602,685
Housing Units2,423
Rent Burden13.2%

Crime

D
Violent12/100K
Property507/100K

Health

Obesity23.9%
Diabetes6.2%
Smoking9.8%
Heart Disease4.2%
Premature Death6,600/100K

Climate

Avg Temp46°F
Rain30.7 in/yr
AQI42 (Good)
Elevation990 ft

Education

A+
Bachelor's+52.8%
High School+96.4%
Graduate+17.2%
School Score6.2/10

Community

2024 VoteR 28% / D 70%
Commute25 min
Broadband90.6%
Internet Speed200 Mbps
EV Stations1
Libraries41

Did You Know?

Corcoran was founded in 1858.
The median home in Corcoran was built in 1980.
26.4% work from home.
The nearest airport is Minneapolis-St Paul International/Wold-Chamberlain (23 miles).
The Gini coefficient (income inequality) is 0.479 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
6.6% of the population has a disability.
15.7% of residents are foreign-born.
Average internet download speed is 200 Mbps.
There are 3,018 restaurants in the area.
The county recorded 60 fatal vehicle crashes.