Chanhassen, Minnesota Demographics & Population 2026
During the 2020–2024 ACS period, Chanhassen, Minnesota had a total population of 26,006, the 43rd largest city in Minnesota, with a median household income of $143,651, which is 61% higher than the state average. The poverty rate is 2.9%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 61% above the state average — one of the wealthiest communities in Minnesota.
- An exceptionally low poverty rate of 2.9% — among the lowest in Minnesota.
- 64.1% of adults hold a bachelor's degree or higher — top 10% in Minnesota.
Chanhassen Quick Facts
How Chanhassen Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 26,001 | 26,006 | +0.0% |
| Median household income | $138,034 | $143,651 | +4.1% |
| Median home value | $530,700 | $566,300 | +6.7% |
How Chanhassen Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
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: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Chanhassen Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Hennepin County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Minneapolis | 427,246 | $80,846 | 16.0% | $362,200 |
| Bloomington | 88,665 | $93,211 | 9.2% | $361,700 |
| Brooklyn Park | 83,876 | $89,891 | 9.5% | $336,200 |
| Plymouth | 79,220 | $136,534 | 4.3% | $491,200 |
| Maple Grove | 71,173 | $132,731 | 4.0% | $418,300 |
| Eden Prairie | 63,051 | $130,489 | 4.6% | $473,900 |
| Edina | 53,262 | $128,767 | 4.7% | $646,300 |
| Minnetonka | 53,064 | $119,517 | 5.9% | $475,800 |
| St. Louis Park | 49,594 | $101,648 | 6.9% | $386,800 |
| Richfield | 36,642 | $85,132 | 8.2% | $344,000 |
Cities Similar to Chanhassen
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Prior Lake | 28,016 | $134,255 | $450,700 | 52.4% | 3.1% |
| Rosemount | 27,562 | $129,625 | $424,100 | 51.6% | 3.0% |
| Farmington | 23,902 | $123,673 | $366,200 | 38.7% | 5.1% |
| Shoreview | 26,714 | $108,370 | $383,700 | 61.2% | 5.6% |
| Elk River | 26,793 | $108,741 | $370,100 | 33.8% | 3.4% |
Population Overview
Chanhassen is a mid-sized community located in Minnesota, within Hennepin County. The total population is 26,006. It ranks as the 43rd most populous out of 914 Census-designated places in Minnesota.
Age Demographics
The median age in Chanhassen is 41.5 years. This is 7% higher than the state median of 38.8 years.
Economy, Income & Housing
The median household income in Chanhassen is $143,651. This is 61% higher than the state median of $89,062. It is also 78% higher than the national median of $80,734. The poverty rate stands at 2.9%. This is 69% lower than the state poverty rate of 9.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.2%. This is 20% lower than the state rate of 4.1%. The median home value is $566,300. Housing costs are 72% higher than the state median of $329,300. The home-value-to-income ratio is 3.9x. 84.1% of occupied housing units are owner-occupied. This homeownership rate is 16% higher than the state average of 72.2%.
Race & Ethnicity
The largest racial or ethnic group in Chanhassen is White (non-Hispanic), making up 83.7% of the population. Asian residents account for 5.9%. The Black or African American population (1.3%) is well below the state average of 7.0%.
Education
64.1% of residents aged 25 and older hold a bachelor's degree or higher. This places Chanhassen in the top 10% of all cities in the state for educational attainment. This is 63% higher than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.8%. Notably, 23.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Chanhassen, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Chanhassen, Minnesota?
Chanhassen, Minnesota has a population of 26,006 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Chanhassen, MN?
The median household income in Chanhassen is $143,651, which is 78% higher than the national median of $80,734.
What is the poverty rate in Chanhassen, MN?
The poverty rate in Chanhassen is 2.9%. This means approximately 750 residents live below the federal poverty line.
What is the racial makeup of Chanhassen, Minnesota?
Chanhassen's population is 83.7% White, 1.3% Black, 3.6% Hispanic/Latino, and 5.9% Asian.
What is the median home value in Chanhassen, MN?
The median home value in Chanhassen is $566,300. The home-value-to-income ratio is 3.9x.
How educated is Chanhassen, Minnesota?
64.1% of adults (25+) in Chanhassen hold a bachelor's degree or higher, and 23.7% hold a graduate or professional degree.