Cohasset, MN
Population 2,700 · Minnesota
About Cohasset, MN
Cohasset is a small town located in Minnesota with a population of 2,700 residents according to the latest US Census Bureau American Community Survey data. The median household income is $87,833 per year, which is 17% above the national median of $75,149. The median age of 43.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Cohasset features a median home value of $315,700, which is 29% above the national median of $244,900. This positions Cohasset in a moderately priced market relative to the rest of the country. Median monthly rent is $917, 21% below the national average of $1,163/month. Of the 1,295 total housing units, 92% are owner-occupied (976 units) and 8% are renter-occupied (86 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cohasset shows an unemployment rate of 8.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 8.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cohasset have an average one-way commute time of 23.7 minutes.
Education & Demographics
33.0% of Cohasset residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 5.0% Hispanic or Latino, 0.0% Black or African American, and 2.9% Asian residents, with 0.6% of the population being foreign-born.
Cost of Living in Cohasset, MN
Compared to national averages, Cohasset has a median household income of $87,833 (17% above the national median of $75,149). Home values average $315,700, which is 29% above the national median. Monthly rent at $917 is 21% below the US average of $1,163. Within Minnesota, Cohasset's income is 18% above the state average of $74,221, and home values are 54% above the state median of $204,472.
Why Live in Cohasset, MN?
Cohasset offers a strong local economy with a median household income of $87,833, well above the national average, and rent that’s lower than the national average at $917/month, and a low poverty rate of 8.5%, better than the national average. Additionally, the city features short commute times averaging just 23.7 minutes.
Cohasset has a population of 2,700 with a median age of 43.8 years. Compare Cohasset with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Cohasset
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Chatfield | 2,693 | $91,912 | $216,000 | Compare |
| Foley | 2,685 | $58,092 | $192,600 | Compare |
| Roseau | 2,728 | $60,185 | $130,000 | Compare |
| Crosslake | 2,648 | $85,000 | $540,200 | Compare |
| Glenwood | 2,648 | $45,735 | $181,000 | Compare |
| Breezy Point | 2,647 | $85,913 | $301,000 | Compare |
| Barnesville | 2,757 | $83,333 | $218,300 | Compare |
| Cokato | 2,780 | $71,090 | $216,100 | 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.
Compare Cohasset With Other Cities
Frequently Asked Questions about Cohasset
What is the population of Cohasset, MN?
The population of Cohasset, MN is 2,700 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Minnesota.
What is the median household income in Cohasset?
The median household income in Cohasset, MN is $87,833 per year, which is 17% above the national median of $75,149.
What is the median home value in Cohasset?
The median home value in Cohasset, MN is $315,700, which is 29% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cohasset?
The median monthly rent in Cohasset, MN is $917, which is 21% below the national average of $1,163/month.
What is the unemployment rate in Cohasset?
The unemployment rate in Cohasset, MN is 8.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cohasset, MN a good place to live?
Cohasset offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,700 and a median age of 43.8, the city appeals to a broad range of residents.
How educated is Cohasset, MN?
33.0% of residents in Cohasset aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Cohasset?
Key cost-of-living indicators for Cohasset, MN: median home value is $315,700 (29% above national), median rent is $917/month, and median household income is $87,833. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Cohasset?
The poverty rate in Cohasset, MN is 8.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cohasset, MN?
Cohasset's population is 0.0% White, 5.0% Hispanic or Latino, 0.0% Black or African American, 2.9% Asian, and 0.5% two or more races. 0.6% of residents are foreign-born.