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Chanhassen, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
26,006
Population
$143,651
Median Income
$566,300
Home Value
41.5
Median Age

Demographics

Chanhassen has a population of 26,006 with a median age of 41.5. Here is the racial and ethnic breakdown of the population:

White
84.8%
Asian
6.0%
Other
4.3%
Hispanic
3.6%
Black
1.3%
Demographic Value
Total Population26,006
Median Age41.5
White84.8%
Black or African American1.3%
Asian6.0%
Hispanic or Latino3.6%
Other / Two or More Races4.3%
Chanhassen, Minnesota — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 84.8%Asian: 6.0%Other: 4.3%Hispanic/Latino: 3.6%Other: 1.3%26,006PopulationWhiteWhite84.8%AsianAsian6.0%OtherOther4.3%Hispanic/LatinoHispanic/Latino3.6%OtherOther1.3%

Income & Economy

The median household income in Chanhassen is $143,651, which is 78.2% above the national median of $80,610. The per capita income is $76,879. The poverty rate is 2.9%.

$143,651
Median Household Income
$76,879
Per Capita Income
2.9%
Poverty Rate

Employment

The unemployment rate in Chanhassen is 2.5%, compared to the national rate of 4.1%.

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Education

In Chanhassen, 97.8% of residents age 25+ have a high school diploma or higher, and 64.1% hold a bachelor's degree or higher (23.7% with a graduate or professional degree).

HS Diploma+
97.8%
Bachelor's+
64.1%
Graduate+
23.7%
Education Level % of Adults (25+)
High School Diploma or Higher97.8%
Bachelor's Degree or Higher64.1%
Graduate or Professional Degree23.7%

Housing

The median home value in Chanhassen is $566,300, above the national median of $303,400. The median monthly rent is $1,831. The homeownership rate is 84.1%.

$566,300
Median Home Value
$1,831/mo
Median Rent
84.1%
Homeownership Rate
Housing Metric Value
Median Home Value$566,300
Median Monthly Rent$1,831
Homeownership Rate84.1%
Vacancy Rate4.0%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Chanhassen, Minnesota?
The population of Chanhassen, Minnesota is 26,006 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Chanhassen, Minnesota?
The median household income in Chanhassen, Minnesota is $143,651. This is 78.2% above the national median of $80,610.
What is the median home value in Chanhassen, Minnesota?
The median home value in Chanhassen, Minnesota is $566,300. The median monthly rent is $1,831.
What percentage of people in Chanhassen have a college degree?
In Chanhassen, Minnesota, 64.1% of adults age 25 and older hold a bachelor's degree or higher, and 97.8% have a high school diploma or higher.
Is Chanhassen, Minnesota an affordable place to live?
The home price-to-income ratio in Chanhassen, Minnesota is 3.9x (median home value $566,300 vs. median income $143,651), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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