Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.3 yrs |
|---|---|
| Avg HH Size | 2.52 |
| Below Poverty | 5.2% ▼ 48% below avg |
| College Grads | 48.2% ▲ 24% above avg |
| Unemployment | 3.5% ▼ 29% below avg |
| No HS Diploma | 10 (0.4%) |
| HS Graduate | 742 (30.1%) |
| Some College | 248 (10.1%) |
| Associates | 276 (11.2%) |
| Bachelors | 260 (10.6%) |
| Graduate Degree | 928 (37.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $112,455 ▲ 47% above avg |
|---|---|
| Median Home Value | $391,900 ▲ 41% above avg |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Median Rent | $808/mo |
| Total Housing Units | 1,461 |
| Vacant Units | 52 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Cologne is a city in Minnesota, located in Carver County. The city spans 1 ZIP code and is home to approximately 3,548 residents. It is a middle-aged city, with a median age of 42.3 years.
Economically, Cologne is a upper-middle-income community. The median household income of $112,455 is above the national average. Approximately 5.2% of residents live below the poverty line. The unemployment rate is 3.5%, below the national average.
The real estate market in Cologne is a mid-range housing market. Median home values stand at $391,900, which is above the national average. Renters typically pay around $808 per month. Homeownership is high at 90.4%, typical of suburban and family-oriented communities.
The population of Cologne is well-educated. 48.2% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (86.64%).
Cologne, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55322 | 3,548 | $112,455 | $391,900 | $808 | 3.5% | 48.2% | 90.4% |