All Countries
Corcoran, MN
Full City Profile · Minnesota · Hennepin County County
4.3
/5.0
A
Great
6,854
Population
191/sq mi density
$143,250
Median Income
$66,970 per capita
$540,100
Home Value
$596,829 Zillow
45°F
Avg Temperature
258 sunny days/yr
A
Overall
4.3 / 5.0
Strong
A+
Economy
5.0 / 5.0
$143,250 median income, 0.8% unemployment
A+
Affordability
4.6 / 5.0
$540,100 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
52.8% bachelor's degree or higher
Income Overview
Median Household Income
$143,250
91% above
US avg: $75,149
Per Capita Income
$66,970
71% above
US avg: $39,052
Unemployment Rate
0.8%
78% below
US avg: 3.6%
Poverty Rate
2.2%
82% below
US avg: 12.4%
Income Comparison: Corcoran vs. U.S. Average
Each bar shows Corcoran’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$143,250
191%
Per Capita
US: $39,052
$66,970
171%
IRS Avg AGI
US: $72,000
$115,538
160%
Avg Weekly Wage
US: $1,432
$1,734
121%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,734
21% above US avg ($1,432)
Mean Commute Time
25 min
8% below US avg (28 min)
Work From Home
26.4%
74% above US avg (15.2%)
Drive Alone
65.9%
10% below US avg (73.2%)
Public Transit
0.2%
96% below US avg (5.0%)
County GDP
$193,617M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
65.9%
Public Transit
0.2%
Work From Home
26.4%
Other
7.5%
Average commute time
25 minutes
US avg: 28 min
Business Landscape
Total Establishments
44,785
Restaurants
3,018
Healthcare
5,330
Retail
3,721
Manufacturing
1,443
Tax & Financial
IRS Avg Adjusted Gross Income
$115,538
60% above US avg ($72,000)
Avg Property Tax
$7,736
121% 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 | $143,250 |
| Per Capita Income | $66,970 |
| IRS Avg Adjusted Gross Income | $115,538 |
| Avg Weekly Wage | $1,734 |
| County GDP | $193,617M |
Hardship Indicators
| Unemployment Rate | 0.8% |
| Poverty Rate | 2.2% |
| Gini Coefficient | 0.479 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 25 minutes |
| Drive Alone | 65.9% |
| Public Transit | 0.2% |
| Work From Home | 26.4% |
Businesses
| Total Establishments | 44,785 |
| Restaurants | 3,018 |
| Healthcare | 5,330 |
| Retail | 3,721 |
| Manufacturing | 1,443 |
Tax
| IRS Avg AGI | $115,538 |
| Avg Property Tax | $7,736 |