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Chanhassen, Minnesota is a town with a population of approximately 25,000. The city's population, at an average age of just over 37, is younger than most cities in Minnesota. Only 13% of residents rent in Chanhassen, as the majority own their homes. Relatively high rent costs could be playing a role, as the average rent of $1,334 a month is substantially higher than the state average of $991.
Compared to the national average (7%), Chanhassen has a high number of residents over the age of 25 who have advanced degrees, as 11% possess a Master's degree or a Doctoral degree. Additionally, 27% possess a Bachelor's degree, which also outpaces the national average. There are five primary industries in Chanhassen: retail, manufacturing, scientific, healthcare, and finance. Together, these industries account for 36% of the workforce in the city. Meanwhile, looking at job function, many workers in these industries are in management, which ranks as the top profession in the city. With an average annual income of about $124K, Chanhassen workers earn around $43,000 more than the average Minnesota resident. Chanhassen's average income also compares favorably to the national average of $73,345.
Chanhassen has an average commute time of about 26 minutes. Driving a vehicle is the prevailing way to get to work, opted for by 49% of residents, while public transportation isn't widely used. Relatively few commuters walk to work.
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