Pros and Cons of Living In Chanhassen, Minnesota. Is Chanhassen, MN a Nice Place To Live or Retire?
Chanhassen, Minnesota
Moving to Chanhassen In Minnesota ? Is Chanhassen, MN a Nice Place To Live? Pros and Cons of Living in Chanhassen, Minnesota. Find out the best and worst about to live, raise a family or retire in Chanhassen.
Chanhassen ( SHAN-hass-ən) is a city in Carver County, Minnesota, United States about 15 miles (24 km) southwest of Minneapolis. The population was 25,947 at the 2020 census, with a 2024 estimate of 26,469. A small portion of the city extends into Hennepin County.
An outer southwestern suburb of Minneapolis–Saint Paul, Chanhassen is one of the more recently developed cities in the region having grown its population by 123.5% since 1990. The city is home to the headquarters of Life Time Fitness and Prince's former estate, Paisley Park, which is now a museum.
DEMOGRAPHICS
Population
25965
Unemployment
2.4%
49%
NAT AVG.
Poverty
2.9%
79%
NAT AVG.
Cost Of Living
125
25%
NAT AVG.
ECONOMICS
Median Home Cost
$400300
74%
NAT AVG.
Median Income
$124184
84%
NAT AVG.
Median Rent
$1469
27%
NAT AVG.
Overall Score
7.5
CRIME REPORT
SOCIO-ECONOMICS
People Living Below BPL
1 in 34
Unemployed People
1 in 42
People Earning < $10,000
1 in 50
People Earning < $50,000
14%
People With Any Degree
1 in 1.4
ETHNICITY
| Ethnicity | Chanhassen | USA |
|---|---|---|
| White | 85% | 60.1% |
| African American | 1.7% | 12.2% |
| American Indian | 0.1% | 0.6% |
| Asian | 6% | 5.6% |
| Hawaiian | 0% | 0.2% |
| Multiracial | 3% | 2.8% |
| Hispanic | 4.2% | 18.2% |
| Other | 0% | 0.3% |
HOUSEHOLD INCOME
| HOUSEHOLD INCOME | Chanhassen | USA |
|---|---|---|
| Less than $10,000 | 2% | 5.8% |
| $10,000 to $14,999 | 1.4% | 4.1% |
| $15,000 to $24,999 | 3.2% | 8.5% |
| $25,000 to $34,999 | 2.5% | 8.6% |
| $35,000 to $49,999 | 4.9% | 12.0% |
| $50,000 to $74,999 | 13.4% | 17.2% |
| $75,000 to $99,999 | 12.4% | 12.8% |
| $100,000 to $149,999 | 18.6% | 15.6% |
| $150,000 to $199,999 | 14.4% | 7.1% |
EDUCATION
| Education | Chanhassen | USA |
|---|---|---|
| < 9th Grade | -1% | 5.0% |
| 9-12th Grade | 1% | 7.0% |
| High School or GED | 9% | 27.0% |
| Other College | 17% | 20.0% |
| Associate's Degree | 10% | 9% |
| Bachelor's Degree | 42% | 20.0% |
| Master's Degree | 16% | 9.0% |
| Professional Degree | 4% | 2.0% |
| Doctorate Degree | 2% | 1.0% |
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.
The unemployment rate of Chanhassen remained 2.4%, which is 49% lower than national rate.
Cost of living in Chanhassen is 125, which is 25% higher than national average. In Chanhassen, only 64% of adults have a bachelor's degree and 27% have some college but no degree. 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.
Cost of living in Chanhassen is 125, which is 25% higher than national average. In Chanhassen, only 64% of adults have a bachelor's degree and 27% have some college but no degree. 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.