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Chatfield, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Chatfield, Minnesota had a total population of 2,559, the 233rd largest city in Minnesota, with a median household income of $96,078, which is 8% higher than the state average. The poverty rate is 5.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Chatfield Quick Facts

Population 2,559
Median Household Income $96,078
Median Home Value $241,600
Poverty Rate 5.3%
Unemployment Rate 2.0%
Median Age 39.9 years
Homeownership Rate 88.5%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 32.1%
High School Graduation Rate 93.9%
Diversity Index 11/100
Population 2,559 233rd of 914
Median Income $96,078 top 20%
Poverty Rate 5.3% 57% lower than national
Median Home Value $241,600 above average

How Chatfield Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population2,6932,559-5.0%
Median household income$91,912$96,078+4.5%
Median home value$216,000$241,600+11.9%

How Chatfield Compares

Economy & Housing

Household Income Distribution

Under $25K 7.9%
$25K-$50K 13.2%
$50K-$100K 32.4%
$100K+ 46.5%
Detailed income brackets
Under $10K
0.4%
$10K-$15K
3.7%
$15K-$20K
0.2%
$20K-$25K
3.5%
$25K-$30K
2.2%
$30K-$35K
2.7%
$35K-$40K
2.3%
$40K-$45K
4.8%
$45K-$50K
1.1%
$50K-$60K
6.4%
$60K-$75K
6.9%
$75K-$100K
19.2%
$100K-$125K
3.9%
$125K-$150K
15.5%
$150K-$200K
16.7%
$200K+
10.4%

Employment

2.0% Unemployment Rate State: 4.1%|National: 5.2%
73.9% Labor Force Participation

Housing Overview

Owner 88.5%
Renter 11.5%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $748/mo 9.3% of median household income annually

People & Demographics

Diversity Index

11out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Chatfield Rankings in Minnesota

#233 Population of 914
#171 Median Income of 887
#200 Education of 914
#278 Home Value of 870

Other Cities in Olmsted County

CityPopulationMedian IncomePovertyHome Value
Rochester 122,330 $89,389 8.5% $310,500
Stewartville 6,807 $82,632 4.8% $265,300
Byron 6,646 $124,010 4.2% $345,300
Pine Island 3,580 $104,432 4.0% $350,500
Eyota 1,944 $82,930 9.1% $278,200
Oronoco 1,679 $157,500 2.9% $505,000
Dover 895 $116,250 3.8% $305,200
Marion 314 N/A 12.7% $248,800
High Forest 124 $128,750 0.0% $314,300

Cities Similar to Chatfield

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Excelsior2,570$103,068$909,20058.2%10.0%
Cohasset2,703$92,692$330,50034.3%6.4%
Barnesville2,762$97,917$248,70030.6%1.8%
Rockville2,452$105,329$365,80030.9%4.3%
Lake Crystal2,606$83,317$204,40027.6%7.8%

Population Overview

Chatfield is a small community located in Minnesota, within Olmsted County. The total population is 2,559. It ranks as the 233rd most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Chatfield is 39.9 years. This is 3% higher than the state median of 38.8 years. 10.8% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Chatfield is $96,078. This is 8% higher than the state median of $89,062. It is also 19% higher than the national median of $80,734. The poverty rate stands at 5.3%. This is 43% lower than the state poverty rate of 9.3%. The unemployment rate is 2.0%. This is 51% lower than the state rate of 4.1%. The median home value is $241,600. Housing costs are 27% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.5x, Chatfield is one of the most affordable housing markets in the area. 88.5% of occupied housing units are owner-occupied. This homeownership rate is 23% higher than the state average of 72.2%.

Race & Ethnicity

Chatfield has a predominantly White (non-Hispanic) population, comprising 94.2% of all residents. Hispanic or Latino residents account for 2.5%. The Black or African American population (0.5%) is well below the state average of 7.0%. The Hispanic or Latino population (2.5%) is well below the state average of 6.4%. The Asian population (1.5%) is well below the state average of 5.1%.

Education

32.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 19% lower 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 93.9%.

Data Sources & Methodology

All demographic data for Chatfield, 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 Chatfield, Minnesota?

Chatfield, Minnesota has a population of 2,559 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Chatfield, MN?

The median household income in Chatfield is $96,078, which is 19% higher than the national median of $80,734.

What is the poverty rate in Chatfield, MN?

The poverty rate in Chatfield is 5.3%. This means approximately 131 residents live below the federal poverty line.

What is the racial makeup of Chatfield, Minnesota?

Chatfield's population is 94.2% White, 0.5% Black, 2.5% Hispanic/Latino, and 1.5% Asian.

What is the median home value in Chatfield, MN?

The median home value in Chatfield is $241,600. The home-value-to-income ratio is 2.5x.

How educated is Chatfield, Minnesota?

32.1% of adults (25+) in Chatfield hold a bachelor's degree or higher, and 11.4% hold a graduate or professional degree.