Minnesota · Census place 10918
Chanhassen city, MN
Quick answer
Chanhassen city has 26,001 residents, ranking #42 of 914 places in Minnesota. Median household income is $138,034, the median home is worth $530,700 and median gross rent runs $1,749 a month.
- Population
- 26,001Chanhassen city residents
- Median household income
- $138,034Past 12 months, inflation adjusted
- Median home value
- $530,700Owner-occupied units
- Median gross rent
- $1,749Rent plus utilities, monthly
- Median age
- 40.9 yrsAll residents
- Homeownership rate
- 84.4%Owner-occupied households
What the numbers mean in Chanhassen city
Housing cost measured against local earnings.
A household earning the Chanhassen city median would spend about 15.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.8% of residents and 84.4% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Minnesota.
- Owatonna city 26,462
- Elk River city 26,367
- Austin city 26,167
- Winona city 25,998
- Faribault city 24,458
- White Bear Lake city 24,026
- Farmington city 23,675
Keep going
More Minnesota coverage.