Cologne, MN
Population 2,146 · Minnesota
About Cologne, MN
Cologne is a small town located in Minnesota with a population of 2,146 residents according to the latest US Census Bureau American Community Survey data. The median household income is $117,344 per year, which is 56% above the national median of $75,149. The median age of 36.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Cologne features a median home value of $356,600, which is 46% above the national median of $244,900. This positions Cologne in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 841 total housing units, 90% are owner-occupied (732 units) and 10% are renter-occupied (84 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cologne shows an unemployment rate of 4.7%, which is near the national rate of 3.7%. The poverty rate stands at 6.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cologne have an average one-way commute time of 26.7 minutes.
Education & Demographics
43.0% of Cologne 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 2.5% White, 1.2% Hispanic or Latino, 0.5% Black or African American, and 0.6% Asian residents, with 3.0% of the population being foreign-born.
Cost of Living in Cologne, MN
Compared to national averages, Cologne has a median household income of $117,344 (56% above the national median of $75,149). Home values average $356,600, which is 46% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Minnesota, Cologne's income is 58% above the state average of $74,221, and home values are 74% above the state median of $204,472.
Why Live in Cologne, MN?
Cologne offers a strong local economy with a median household income of $117,344, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 43.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 6.1%, better than the national average.
Cologne has a population of 2,146 with a median age of 36.9 years. Compare Cologne with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Cologne
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Maple Lake | 2,104 | $75,469 | $221,800 | Compare |
| Eyota | 2,090 | $83,684 | $266,800 | Compare |
| Slayton | 2,089 | $65,724 | $160,400 | Compare |
| Hawley | 2,086 | $92,017 | $265,500 | Compare |
| Springfield | 2,209 | $59,412 | $117,600 | Compare |
| Aitkin | 2,217 | $45,813 | $172,800 | Compare |
| Gaylord | 2,074 | $60,500 | $163,300 | Compare |
| Hoyt Lakes | 2,074 | $64,514 | $90,700 | 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 Cologne With Other Cities
Frequently Asked Questions about Cologne
What is the population of Cologne, MN?
The population of Cologne, MN is 2,146 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 Cologne?
The median household income in Cologne, MN is $117,344 per year, which is 56% above the national median of $75,149.
What is the median home value in Cologne?
The median home value in Cologne, MN is $356,600, which is 46% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cologne?
The median monthly rent in Cologne, MN is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Cologne?
The unemployment rate in Cologne, MN is 4.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Cologne, MN a good place to live?
Cologne offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,146 and a median age of 36.9, the city appeals to a broad range of residents.
How educated is Cologne, MN?
43.0% of residents in Cologne aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Cologne?
Key cost-of-living indicators for Cologne, MN: median home value is $356,600 (46% above national), median rent is $0/month, and median household income is $117,344. The home-value-to-income ratio is 3.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cologne?
The poverty rate in Cologne, MN is 6.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cologne, MN?
Cologne's population is 2.5% White, 1.2% Hispanic or Latino, 0.5% Black or African American, 0.6% Asian, and 4.1% two or more races. 3.0% of residents are foreign-born.