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Cottonwood, MN

Full City Profile · Minnesota · Yellow Medicine County County

3.5 /5.0
B+ Good
1,120 Population 1,120/sq mi density
$90,750 Median Income $44,540 per capita
$180,200 Home Value $240,666 Zillow
$914 Median Rent 29.3% income on rent
45°F Avg Temperature 276 sunny days/yr
253 Violent Crime/100K 2,449 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$90,750 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$180,200 home value, $914/mo rent
F
Safety
1.0 / 5.0
253 violent crimes/100K
B
Education
3.2 / 5.0
27.1% bachelor's degree or higher

Income Overview

Median Household Income
$90,750
21% above
US avg: $75,149
Per Capita Income
$44,540
14% above
US avg: $39,052
Unemployment Rate
2.6%
28% below
US avg: 3.6%
Poverty Rate
2.7%
78% below
US avg: 12.4%

Income Comparison: Cottonwood vs. U.S. Average

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

Median Household
US: $75,149
$90,750
121%
Per Capita
US: $39,052
$44,540
114%
IRS Avg AGI
US: $72,000
$74,153
103%
Avg Weekly Wage
US: $1,432
$954
67%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$954
33% below US avg ($1,432)
Mean Commute Time
15 min
46% below US avg (28 min)
Work From Home
8.1%
47% below US avg (15.2%)
Drive Alone
82.3%
12% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$784M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 82.3%
Public Transit 0%
Work From Home 8.1%
Other 9.6%
Average commute time
15 minutes
US avg: 28 min

Business Landscape

Total Establishments
388
Restaurants
24
Healthcare
31
Retail
46
Manufacturing
17

Tax & Financial

IRS Avg Adjusted Gross Income
$74,153
3% above US avg ($72,000)
Avg Property Tax
$3,238
7% below US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$90,750
Per Capita Income$44,540
IRS Avg Adjusted Gross Income$74,153
Avg Weekly Wage$954
County GDP$784M

Hardship Indicators

Unemployment Rate2.6%
Poverty Rate2.7%
Gini Coefficient0.422
Cost of Living Index98.6

Commute

Mean Commute15 minutes
Drive Alone82.3%
Public Transit0.0%
Work From Home8.1%

Businesses

Total Establishments388
Restaurants24
Healthcare31
Retail46
Manufacturing17

Tax

IRS Avg AGI$74,153
Avg Property Tax$3,238