Is Chanhassen, Minnesota a Good Place To Live? - Living In Chanhassen, MN

Is Chanhassen, Minnesota a good place to live?
Chanhassen is a city in Minnesota state in USA with a population of 25965 residents.. The poverty rate of Chanhassen is 2.9%, which is 79% lower than national average. The typical household in Chanhassen earns $124184 a year, compared to the national median of $67,500. Nearly 14% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Chanhassen, only 100% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Chanhassen remained 2.4%, which is 49% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Chanhassen, only 64% of adults have a bachelor's degree and 27% have some college but no degree.

Cost of living in Chanhassen is 125, which is 25% higher than national average. Median home value in Chanhassen is $400300 , which is 74% higher than national average. While median income in Chanhassen remained $124184, which is 84% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
25965
Unemployment
2.4%
49% NAT AVG.
Poverty
2.9%
79% NAT AVG.
Overall Score
7.5
Median Home Cost
$400300
74% NAT AVG.
Median Income
$124184
84% NAT AVG.
Median Rent
$1469
27% NAT AVG.
Cost Of Living
125
25% NAT AVG.
People Living BPL
1 in 34
Unemployed People
1 in 42
People Earning < $10,000
1 in 50
People Earning < $50,000
14%
People with <= High School
1 in 11.1
People With Any Degree
1 in 1.4
Pros & Cons Overview

Jobs90%

Housing90%

Affordability80%

Safety80%

Amenities80%

Diversity70%

Education100%

Commute80%