Chanhassen, MN
Population 26,001 · Minnesota
About Chanhassen, MN
Chanhassen is a mid-sized city in Minnesota with a population of 26,001 residents. The median household income is $138,034 per year, which is above the national average. The median age in Chanhassen is 40.9 years.
Housing in Chanhassen has a median home value of $530,700 and median monthly rent of $1,749. Of the 10,092 total housing units, the majority are owner-occupied, with 8,111 owner-occupied and 1,496 renter-occupied units.
The unemployment rate in Chanhassen is 3.5% and the poverty rate is 2.8%. 64.4% of residents hold a bachelor's degree or higher. The average commute time is 22.1 minutes.
How Chanhassen Ranks in Minnesota
Cost of Living in Chanhassen, MN
Compared to national averages, Chanhassen has a median household income of $138,034 (84% above the national median of $75,149). Home values average $530,700, which is 117% above the national median. Monthly rent at $1,749 is 50% above the US average of $1,163. Within Minnesota, Chanhassen's income is 86% above the state average of $74,221, and home values are 160% above the state median of $204,472.
Why Live in Chanhassen, MN?
Chanhassen offers a strong local economy with a median household income of $138,034, well above the national average, and a strong job market with an unemployment rate of just 3.5%, and a well-educated community where 64.4% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.8%, better than the national average, and short commute times averaging just 22.1 minutes.
Potential considerations include a competitive housing market where the typical home costs $530,700. However, Chanhassen’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Chanhassen has a population of 26,001 with a median age of 40.9 years. Compare Chanhassen with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Chanhassen
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Winona | 25,998 | $56,163 | $193,500 | Compare |
| Austin | 26,167 | $66,488 | $155,100 | Compare |
| Elk River | 26,367 | $99,457 | $338,300 | Compare |
| Owatonna | 26,462 | $81,276 | $234,600 | Compare |
| Rosemount | 26,509 | $127,247 | $406,100 | Compare |
| Shoreview | 26,724 | $109,399 | $365,100 | Compare |
| Faribault | 24,458 | $61,662 | $233,900 | Compare |
| Prior Lake | 27,832 | $130,278 | $429,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Chanhassen
What is the population of Chanhassen, MN?
The population of Chanhassen, MN is 26,001 according to the latest Census data.
What is the median household income in Chanhassen?
The median household income in Chanhassen, MN is $138,034 per year.
What is the median home value in Chanhassen?
The median home value in Chanhassen, MN is $530,700.
What is the average rent in Chanhassen?
The median monthly rent in Chanhassen, MN is $1,749.
What is the unemployment rate in Chanhassen?
The unemployment rate in Chanhassen, MN is 3.5%.