Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.5 yrs |
|---|---|
| Avg HH Size | 2.38 |
| Below Poverty | 7.0% ▼ 30% below avg |
| College Grads | 45.6% ▲ 18% above avg |
| Unemployment | 6.3% ▲ 29% above avg |
| HS Graduate | 305 (27.3%) |
| Some College | 92 (8.2%) |
| Associates | 211 (18.9%) |
| Bachelors | 236 (21.1%) |
| Graduate Degree | 274 (24.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $99,821 ▲ 31% above avg |
|---|---|
| Median Home Value | $198,400 ▼ 29% below avg |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $904/mo |
| Total Housing Units | 799 |
| Vacant Units | 74 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Cottonwood is a city in Minnesota, located in Lyon County. The city spans 1 ZIP code and is home to approximately 1,729 residents. It is a middle-aged city, with a median age of 41.5 years.
Economically, Cottonwood is a middle-income community. The median household income of $99,821 is above the national average. Approximately 7.0% of residents live below the poverty line. The unemployment rate is 6.3%, above the national average.
The real estate market in Cottonwood is an affordable housing market. Median home values stand at $198,400, which is below the national average. Renters typically pay around $904 per month. Homeownership is high at 83.7%, typical of suburban and family-oriented communities.
The population of Cottonwood is well-educated. 45.6% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (95.49%).
Cottonwood, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56229 | 1,729 | $99,821 | $198,400 | $904 | 6.3% | 45.6% | 83.7% |