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Minnesota · Census place 13456

Cottage Grove city, MN

Quick answer

Cottage Grove city has 40,124 residents, ranking #25 of 914 places in Minnesota. Median household income is $121,452, the median home is worth $359,600 and median gross rent runs $1,644 a month.

Population
40,124Cottage Grove city residents
Median household income
$121,452Past 12 months, inflation adjusted
Median home value
$359,600Owner-occupied units
Median gross rent
$1,644Rent plus utilities, monthly
Median age
36.8 yrsAll residents
Homeownership rate
88.4%Owner-occupied households

What the numbers mean in Cottage Grove city

Housing cost measured against local earnings.

A household earning the Cottage Grove city median would spend about 16.2% 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 3.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.2% of residents and 88.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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