Cottage Grove is a city in Minnesota state in USA with a population of 37120 residents.. The poverty rate of Cottage Grove is 2.7%, which is 81% lower than national average. The typical household in Cottage Grove earns $102600 a year, compared to the national median of $67,500. Nearly 14.8% 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 Cottage Grove, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Cottage Grove remained 2.9%, which is 38% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Cottage Grove, only 39% of adults have a bachelor's degree and 36% have some college but no degree.

Cost of living in Cottage Grove is 111, which is 11% higher than national average. Median home value in Cottage Grove is $261500 , which is 14% higher than national average. While median income in Cottage Grove remained $102600, which is 52% 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.