What it's like to live in Chanhassen
Chanhassen is a small city in Minnesota with unemployment below the national average, household incomes running above the national average, commutes that run shorter than most cities, and a highly educated workforce. Those factors carry real weight for anyone weighing where to move next.
The tradeoffs are worth naming plainly. Chanhassen deals with rent well above the national average, home prices well above the national average, cold, harsh winters, and snowy winters.
The good
- Low unemployment
- Higher-than-average incomes
- Short commutes
- Highly educated workforce
- Average class sizes
The not so good
- Rent well above the national average
- High home prices
- Cold, harsh winters
- Snowy winters — 55" per year
How Chanhassen compares
Median household income
Median rent (per month)
Median home value
What it takes to move to Chanhassen
Based on Chanhassen's median rent, home value and household income
To rent
$3,662
up front: first month plus a typical one-month deposit
- Income to keep rent under 30%: $73,240 a year
- 47% of Chanhassen renters spend 30% or more of their income on rent
To buy
$113,260
a 20% down payment on the median home
- With 10% down: $56,630
- Homes cost 3.9× the typical local household income (US: 4.1×)
Moving costs, closing costs and taxes not included.
The details
Cost of living▲ 30% above US
$1,831/mo median rent
Rent runs on the higher side, at $1,831 a month median. Whether that premium makes sense usually comes down to the local job market and what it pays. Home prices are steep, with a median around $566,300. Renting first to get a feel for the city before buying is often the more practical route.
Median home value $566,300 · 47% of renters cost-burdened
Job market▼ 23% below US
3.3% unemployment
Unemployment here is 3.3%, a little below the national average of 4.3%.
City-level (BLS)
Safety
49 violent crimes per 100k, whole jurisdiction
Chanhassen doesn't have its own police department, so there's no crime rate for it alone. The figures shown are for the Carver County Sheriff's Office jurisdiction as a whole, which runs below the national average for violent crime and covers many communities. Individual neighborhoods can differ a lot from that overall rate.
Property crime 383/100k · Policed by Carver County Sheriff's Office (county-wide rate) · 2025 data
Getting around▼ 14% below US
22 min average commute
Commutes are reasonable, averaging 22.3 minutes. Nothing heroic, and there's still time left over for a life after work. 7 in 10 workers drive to work; 30% work from home.
How workers get to work
Climate
Summers are comfortable, with highs around 79°F, and winters are cold and harsh, with lows dropping to 9°F.
Average month
30-year averages, 1991–2020
Education & workforce▲ 78% above US
64% bachelor's degree or higher
This is a highly educated city, with over half the adult population holding a college degree. That tends to shape the job market and the broader culture, and it's a solid indicator of a strong professional scene.
Schools
6 public schools inside the boundary
There are 6 public schools inside the boundary and 2 private schools. The student-to-teacher ratio is 17:1, close to the national average of 16:1.
Parks & recreation
The nearest national park or historic site is Mississippi National River & Recreation Area (23 miles away). There are 2 national parks and sites within a day's drive.
Bottom line
Chanhassen's strongest points are unemployment below the national average and household incomes running above the national average; the main tradeoffs are rent well above the national average and home prices well above the national average. A year of median rent ($1,831/mo) equals 15% of the median household income here, less than the 21% typical nationwide. It tends to suit job seekers, remote workers (30% of workers here already work from home), and college-educated professionals. It may be a harder fit for renters on a tight budget and anyone who dislikes long, cold winters.
Other places near Chanhassen
All Minnesota guides →Moving to Eden Prairie →
5 mi away · pop. 63,051
Rent $1,833/mo · Income $130,489
Compare with Chanhassen →Moving to Shakopee →
7 mi away · pop. 46,012
Rent $1,531/mo · Income $107,223
Compare with Chanhassen →Not sure Chanhassen is the one?
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