Cohasset, Minnesota Demographics & Population 2026
During the 2020–2024 ACS period, Cohasset, Minnesota had a total population of 2,703, the 223rd largest city in Minnesota, with a median household income of $92,692, which is 4% higher than the state average. The poverty rate is 6.4%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Unemployment rate of 8.6% is notably above the national average.
Cohasset Quick Facts
How Cohasset 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 | 2,700 | 2,703 | +0.1% |
| Median household income | $87,833 | $92,692 | +5.5% |
| Median home value | $315,700 | $330,500 | +4.7% |
How Cohasset 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+)
Cohasset Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Itasca County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Grand Rapids | 11,207 | $61,029 | 15.5% | $213,800 |
| Coleraine | 2,150 | $74,716 | 10.7% | $211,800 |
| Keewatin | 1,215 | $53,643 | 19.2% | $86,800 |
| Nashwauk | 926 | $57,589 | 14.4% | $112,300 |
| Deer River | 889 | $38,824 | 30.6% | $111,200 |
| Marble | 669 | $53,958 | 17.0% | $102,500 |
| Bovey | 646 | $64,083 | 18.7% | $122,800 |
| La Prairie | 592 | $69,375 | 6.7% | $212,800 |
| Taconite | 468 | $84,375 | 3.6% | $219,600 |
| Bigfork | 375 | $29,375 | 38.0% | $118,800 |
Cities Similar to Cohasset
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Breezy Point | 2,687 | $85,938 | $340,800 | 32.5% | 6.2% |
| Barnesville | 2,762 | $97,917 | $248,700 | 30.6% | 1.8% |
| Dodge Center | 2,880 | $93,884 | $197,600 | 16.7% | 3.7% |
| Chatfield | 2,559 | $96,078 | $241,600 | 32.1% | 5.3% |
| Lake Crystal | 2,606 | $83,317 | $204,400 | 27.6% | 7.8% |
Population Overview
Cohasset is a small community located in Minnesota, within Itasca County. The total population is 2,703. It ranks as the 223rd most populous out of 914 Census-designated places in Minnesota.
Age Demographics
The median age in Cohasset is 43.8 years. This is 13% higher than the state median of 38.8 years.
Economy, Income & Housing
The median household income in Cohasset is $92,692. This is 4% higher than the state median of $89,062. It is also 15% higher than the national median of $80,734. The poverty rate stands at 6.4%. This is 31% lower than the state poverty rate of 9.3%. The unemployment rate is 8.6%. This is 112% higher than the state rate of 4.1%. The median home value is $330,500. Housing costs are about the same as the state median of $329,300. The home-value-to-income ratio is 3.6x. 92.1% of occupied housing units are owner-occupied. This homeownership rate is 27% higher than the state average of 72.2%.
Race & Ethnicity
Cohasset has a predominantly White (non-Hispanic) population, comprising 89.8% of all residents. Hispanic or Latino residents account for 1.5%. The Black or African American population (0.7%) is well below the state average of 7.0%. The Hispanic or Latino population (1.5%) is well below the state average of 6.4%.
Education
34.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 13% 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 97.2%.
Data Sources & Methodology
All demographic data for Cohasset, 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 Cohasset, Minnesota?
Cohasset, Minnesota has a population of 2,703 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Cohasset, MN?
The median household income in Cohasset is $92,692, which is 15% higher than the national median of $80,734.
What is the poverty rate in Cohasset, MN?
The poverty rate in Cohasset is 6.4%. This means approximately 174 residents live below the federal poverty line.
What is the racial makeup of Cohasset, Minnesota?
Cohasset's population is 89.8% White, 0.7% Black, 1.5% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Cohasset, MN?
The median home value in Cohasset is $330,500. The home-value-to-income ratio is 3.6x.
How educated is Cohasset, Minnesota?
34.3% of adults (25+) in Cohasset hold a bachelor's degree or higher, and 9.9% hold a graduate or professional degree.