Chanhassen city, Minnesota Demographics & Population 2026
As of 2026, Chanhassen city, Minnesota has a total population of 26,001, the 42nd largest city in Minnesota, with a median household income of $138,034, which is 58% higher than the state average. The poverty rate is 2.8%.
Key Takeaways
- Household income is 58% above the state average — one of the wealthiest communities in Minnesota.
- An exceptionally low poverty rate of 2.8% — among the lowest in Minnesota.
- 64.4% of adults hold a bachelor's degree or higher — top 10% in Minnesota.
Chanhassen city Quick Facts
How Chanhassen city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Chanhassen city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Hennepin County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Minneapolis city | 426,845 | $80,269 | 16.4% | $345,600 |
| Bloomington city | 88,838 | $90,677 | 9.1% | $346,200 |
| Brooklyn Park city | 84,349 | $85,964 | 10.3% | $313,500 |
| Plymouth city | 79,526 | $133,865 | 4.1% | $474,700 |
| Maple Grove city | 70,539 | $129,481 | 3.9% | $397,400 |
| Eden Prairie city | 63,249 | $127,732 | 6.0% | $463,300 |
| Minnetonka city | 53,256 | $120,496 | 4.8% | $456,200 |
| Edina city | 53,125 | $129,225 | 4.4% | $624,000 |
| St. Louis Park city | 49,541 | $100,250 | 7.3% | $371,600 |
| Richfield city | 36,725 | $84,055 | 7.3% | $320,400 |
Cities Similar to Chanhassen city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Rosemount city | 26,509 | $127,247 | $406,100 | 50.3% | 2.9% |
| Prior Lake city | 27,832 | $130,278 | $429,900 | 51.5% | 2.9% |
| Shoreview city | 26,724 | $109,399 | $365,100 | 63.1% | 5.5% |
| Farmington city | 23,675 | $118,556 | $345,100 | 38.1% | 3.8% |
| Elk River city | 26,367 | $99,457 | $338,300 | 30.8% | 3.2% |
Population Overview
Chanhassen city is a mid-sized community located in Minnesota, within Hennepin County. The total population is 26,001. It ranks as the 42nd most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Chanhassen city is 40.9 years. This is 6% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Chanhassen city is $138,034. This is 58% higher than the state median of $87,556. Compared to the national median of $78,538, household income here is 76% higher. The poverty rate stands at 2.8%. This is 70% lower than the state poverty rate of 9.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.5%. This is 11% lower than the state rate of 3.9%. The median home value is $530,700. Housing costs are 74% higher than the state median of $305,500. The home-value-to-income ratio is 3.8x. 84.4% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 72.4%.
Race & Ethnicity
The largest racial or ethnic group in Chanhassen city is White (non-Hispanic), making up 83.1% of the population. Asian residents account for 6.5%. The Black or African American population (1.5%) is well below the state average of 6.7%.
Education
64.4% of residents aged 25 and older hold a bachelor's degree or higher. This places Chanhassen city in the top 10% of all cities in the state for educational attainment. This is 66% higher than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.1%. Notably, 23.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Chanhassen city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Chanhassen city, Minnesota?
Chanhassen city, Minnesota has a population of 26,001 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Chanhassen city, MN?
The median household income in Chanhassen city is $138,034, which is 76% higher the national median of $78,538.
What is the poverty rate in Chanhassen city, MN?
The poverty rate in Chanhassen city is 2.8%. This means approximately 714 residents live below the federal poverty line.
What is the racial makeup of Chanhassen city, Minnesota?
Chanhassen city's population is 83.1% White, 1.5% Black, 3.3% Hispanic/Latino, and 6.5% Asian.
What is the median home value in Chanhassen city, MN?
The median home value in Chanhassen city is $530,700. The home-value-to-income ratio is 3.8x.
How educated is Chanhassen city, Minnesota?
64.4% of adults (25+) in Chanhassen city hold a bachelor's degree or higher, and 23.4% hold a graduate or professional degree.