Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.1 yrs |
|---|---|
| Avg HH Size | 2.68 |
| Below Poverty | 3.2% ▼ 68% below avg |
| College Grads | 74.1% ▲ 91% above avg |
| Unemployment | 3.5% ▼ 29% below avg |
| No HS Diploma | 54 (0.4%) |
| HS Graduate | 1,444 (10%) |
| Some College | 834 (5.8%) |
| Associates | 1,423 (9.8%) |
| Bachelors | 1,461 (10.1%) |
| Graduate Degree | 9,267 (64%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $133,573 ▲ 75% above avg |
|---|---|
| Median Home Value | $505,300 ▲ 81% above avg |
| Home/Income Ratio | 3.8x (nat avg ~3.5x) |
| Median Rent | $1,763/mo |
| Total Housing Units | 8,731 |
| Vacant Units | 402 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Chanhassen is a city in Minnesota, located in Carver County. The city spans 1 ZIP code and is home to approximately 22,373 residents. It is a middle-aged city, with a median age of 40.1 years.
Economically, Chanhassen is a upper-middle-income community. The median household income of $133,573 is significantly above the national average. Approximately 3.2% of residents live below the poverty line. The unemployment rate is 3.5%, below the national average.
The real estate market in Chanhassen is a premium housing market. Median home values stand at $505,300, which is significantly above the national average. Renters typically pay around $1,763 per month. Homeownership is high at 82.8%, typical of suburban and family-oriented communities.
The population of Chanhassen is highly educated. 74.1% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (82.43%).
Chanhassen, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55317 | 22,373 | $133,573 | $505,300 | $1,763 | 3.5% | 74.1% | 82.8% |