Chanhassen, MN โ€” City Data, Demographics & Statistics

Hennepin County ยท Minnesota

๐Ÿงฌ

City DNA

A unique fingerprint for Chanhassen based on 8 key metrics โ€” compared to averages.

PopulationIncomeHome ValueSafetyEducationMedian AgeClimateCost of Living
Chanhassen
National Avg
Minnesota Avg
Population: 64Income: 92Home Value: 53Safety: 50Education: 62Median Age: 68Climate: 50Cost of Living: 92

Quick Stats

Population

26,001

2023 ACS

Median Income

$138,034

2023

Median Home Value

$530,700

2023

Median Rent

$1,749

2023

Median Age

40.9

Unemployment

3.5%

Cost of Living Index

183.2

100 = national avg

Chanhassen is a city in Hennepin County, Minnesota, with a population of 26,001 according to the 2023 American Community Survey. Chanhassen is one of the communities in Minnesota.

The median household income in Chanhassen is $138,034, and the median home value is $530,700. The cost of living index is 183.2 (where 100 = national average), and the median rent is $1,749 per month. The unemployment rate is 3.5%, and the median age is 40.9 years.

People & Demographics

Source: U.S. Census Bureau ACS (2023)

Population

Total Population

26,001

Male

12,837

49.4%

Female

13,164

50.6%

Median Age

40.9

Education & Household

Bachelor's or Higher

43.2%

High School or Higher

50.0%

Foreign Born

8.5%

Veterans

2.8%

Married

47.8%

Avg Household Size

2.7

Marital Status by Age

Race & Ethnicity

Diversity Index

0.279

Simpson's Index (0-1)

Largest Group

White

84.3%

Foreign Born

8.5%

White
84.3%
Black
1.4%
Asian
6.5%
Native American
0.4%
Two or More
6.4%
Other
0.9%

Hispanic/Latino Ethnicity

Hispanic/Latino is an ethnicity, not a race. People of any race can identify as Hispanic. This percentage overlaps with the racial categories above.

Hispanic/Latino

3.3%

855 people

Not Hispanic/Latino

96.7%

Hispanic/Latino Detail

Source: U.S. Census Bureau ACS (2023)
Mexican
400 (46.8%)
Puerto Rican
3 (0.4%)
Salvadoran
24 (2.8%)
Guatemalan
149 (17.4%)
Colombian
19 (2.2%)
Honduran
69 (8.1%)
Ecuadorian
27 (3.2%)
Peruvian
22 (2.6%)
Other Hispanic
143 (16.7%)

Asian Detail

Source: U.S. Census Bureau ACS (2023)
Asian Indian
730 (43.0%)
Chinese
202 (11.9%)
Filipino
45 (2.7%)
Vietnamese
310 (18.3%)
Korean
78 (4.6%)
Japanese
9 (0.5%)
Cambodian
15 (0.9%)
Hmong
171 (10.1%)
Laotian
52 (3.1%)
Other Asian
85 (5.0%)

American Indian & Alaska Native Detail

Source: U.S. Census Bureau ACS (2023)
Other Native American
106 (99.1%)

Languages Spoken

Total Speakers (5+)

24,534

English Only

89.6%

#1 Non-English Language

Other Asian

656 speakers

Limited English

2.6%

Language Distribution

Other Asian
656 (2.7%)
Spanish
496 (2.0%)
Other Indo-European
363 (1.5%)
Vietnamese
297 (1.2%)
Other Languages
220 (0.9%)
Chinese
212 (0.9%)
German
139 (0.6%)
Slavic Languages
134 (0.5%)
French/Haitian/Cajun
25 (0.1%)
Arabic
12 (0.0%)

English Proficiency

Speaks English Very Well

97.4%

Limited English Proficiency

2.6%

Other Asian
31.7% limited English
Spanish
21.4% limited English
Other Indo-European
1.6% limited English
Vietnamese
65.0% limited English
Other Languages
15.0% limited English
Chinese
7.5% limited English
Slavic Languages
60.5% limited English

Veterans & Military

Total Veterans

738

2.8% of population

Disability Rate

35.1%

259 with disability

Veteran Median Income

$74,044

Unemployment Rate

3.2%

Period of Service

Gulf War (2001+)
19.0%
Gulf War (1990-2001)
18.7%
Vietnam
46.3%
Korea
0.7%
World War II
3.3%

Veteran Age Distribution

18-34
1.5%
35-54
26.6%
55-64
11.1%
65-74
24.3%
75+
36.6%

Male Veterans

667

90.4%

Female Veterans

71

9.6%

Veteran vs Non-Veteran Income

Veteran Income

$74,044

Non-Veteran Income

$65,017

Difference

$9,027

13.9% higher

Disability Status

With Disability

259

Without Disability

479

Disability Rate

35.1%

Ancestry & Heritage

Total Reporting Ancestry

26,737

#1 Ancestry

German

30.1% (7,825)

#2 Ancestry

Norwegian

13.2% (3,436)

#3 Ancestry

Irish

12.4% (3,237)

Top 20 Ancestries

Source: U.S. Census Bureau ACS (2023)
German
30.1%
Norwegian
13.2%
Irish
12.4%
English
10.1%
Swedish
7.9%
Polish
4.7%
European
3.1%
French
2.9%
Italian
2.6%
Dutch
2.4%
Czech
2.1%
American
2.1%
Sub-Saharan African
1.5%
Danish
1.4%
Russian
1.0%
Scottish
1.0%
Finnish
0.9%
Welsh
0.8%
British
0.6%
Brazilian
0.5%

Families & Households

Total Households

9,607

Family Households

7,104

73.9%

Married Couples

6,021

62.7%

Non-Family Households

2,503

26.1%

Single Mother Households

806

8.4%

Single Father Households

277

2.9%

Living Alone

1,974

20.5%

Children Under 18

Total Children

6,495

In Married Couple

5,301

81.6%

With Single Mother

976

15.0%

With Single Father

218

3.4%

Family Income

Median Family Income

$171,968

Married Couple Income

$196,299

Single Mother Income

$102,763

Single Father Income

$97,163

Avg Family Size

2.7

Avg Non-Family Size

2.1

Grandparents w/ Grandchildren

212

Grandparents Responsible

0

Economy

Source: U.S. Census Bureau ACS (2023)

Income Overview

Median Household Income

$138,034

+89% vs national

Per Capita Income

$71,799

+93% vs national

Poverty Rate

2.8%

-80% vs national

Gini Index

0.4443

0 = perfect equality

Unemployment

3.5%

-33% vs national

SNAP Recipients

2.1%

of households

How Chanhassen Compares

Chanhassen vs Similar Cities

Compared to cities with 25,000 - 50,000 residents. Chanhassen is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

๐Ÿ“Š

Where Do You Stack Up?

Enter your household income to see how you compare to other households in Chanhassen. The median household income here is $138,034.

$

Income Distribution

<$25K
4.9%
$25-50K
8.4%
$50-75K
9.8%
$75-100K
10.0%
$100-150K
20.2%
$150-200K
11.9%
$200K+
34.7%

Employment Snapshot

Unemployment Rate

3.5%

-23% vs MN avg

Labor Force

13,956

Employed

13,470

Mean Commute

16 min

How People Get to Work

Employment by Sector

Education & Workforce

Bachelor's Degree+

43.2%

of adults 25+

High School Diploma+

50.0%

of adults 25+

Median Age

40.9

Work from Home

26.9%

of workers

Cost of Living

Overall Index

183.2

100 = national avg

+83.2 vs national average

Living Wage (1 Adult)

$80,597

per year

Living Wage (Family of 4)

$190,501

per year

Cost Index by Category

Housing
225.0
Food
155.5
Transportation
127.9
Healthcare
144.4
Utilities
158.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,405

per month

2 Bedroom

$1,709

per month

The median household income in Chanhassen, MN is $138,034, which is 88.5% above the national average of $73,224. Per capita income is $71,799. The poverty rate of 2.8% is lower than the MN state average of 11.4%. The Gini index of income inequality is 0.4443, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.5%, compared to the state average of 4.5%. The labor force is 13,956. 43.2% of adults hold a bachelor's degree or higher. The average commute time is 16 minutes, with 26.9% working from home. About 65.5% of workers drive alone to work. The overall cost of living index is 183.2, which is 83.2% above the national average. Housing costs are above the national average at an index of 225.0. A single adult needs to earn approximately $80,597 per year to cover basic expenses.

Housing & Real Estate

Market SnapshotRedfin โ€” January 2026

Median Sale Price

$539,382

Median List Price

$519,900

Price Per Sq Ft

$226

Days on Market

24

Active Inventory

41

Months of Supply

3.4

Seller's market

Zillow Home Value

$530,131

ZHVI โ€” January 2026

Market CompetitivenessRedfin

Sold Above List

41.7%

Off Market in 2 Weeks

40.0%

Sale-to-List Ratio

99.1%

Buyer's market

Sold Above Asking
41.7%
Under Contract in 2 Wks
40.0%
Listings with Price Drops
9.8%

Price TrendsRedfin

Sale Price โ†‘ 14.8%List Price โ†‘ 4.5%Mar 24 โ†’ Jan 26

Market ActivityRedfin

Homes Sold

12

New Listings

19

Pending Sales

10

Homes Sold โ†“ 55.6%New Listings โ†“ 32.1%Pending โ†“ 69.7%Mar 24 โ†’ Jan 26

Price Per Square FootRedfin

Median Sale $/SF

$226

Median List $/SF

$218

Sale $/SF โ†‘ 7.1%List $/SF โ†‘ 4.8%Mar 24 โ†’ Jan 26

House Price IndexFHFA

How much have housing prices increased in Chanhassen, MN? According to the Federal Housing Finance Agency (FHFA) House Price Index for the Minneapolis-St. Paul-Bloomington, MN-WI metro area, home prices have risen 392.6% over the past 40 years. Over 20 years, prices grew 56.1%. The 10-year growth rate is 74.1%. Over the last 5 years, prices increased 33.5%. In the most recent 2-year period, the index rose 7.6%. The FHFA HPI tracks average price changes in repeat sales or refinancings of single-family properties with conforming mortgages. Because this is a metro-level index, it reflects the broader Minneapolis-St. Paul-Bloomington, MN-WI housing market rather than Chanhassen alone.

40yr โ†‘ 392.6%20yr โ†‘ 56.1%10yr โ†‘ 74.1%5yr โ†‘ 33.5%2yr โ†‘ 7.6%Q2 1976 โ†’ Q4 2025

Metro area: Minneapolis-St. Paul-Bloomington, MN-WI

Chanhassen vs Similar CitiesCensus ACS / Redfin

Compared to cities with 25,000 - 50,000 residents. Chanhassen is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing DataU.S. Census Bureau ACS 2023

Median Home Value

$530,700

Median Rent

$1,749

Total Housing Units

10,092

Vacancy Rate

4.8%

Owner Occupied

84.4%

Renter Occupied

15.6%

Median Property Tax

$5,099

per year

Monthly Cost (w/ Mortgage)

$2,202

Housing Types

Single Family
87.7%
Multi-Family
12.3%
Mobile Home
0.1%

Property TaxU.S. Census Bureau ACS 2023

Median Property Tax

$5,099

per year

Effective Tax Rate

0.96%

of home value

Median Home Value

$530,700

Estimated Mean Tax

$6,101

The effective property tax rate is calculated by dividing the median annual property tax ($5,099) by the median home value ($530,700). In Chanhassen, MN, this works out to an effective rate of 0.96%. This is below the national average of approximately 1.1%.

The current median sale price in Chanhassen, MN is $539,382 according to Redfin data. Homes spend a median of 24 days on the market. 41.7% of homes sold above asking price. The market has 3.4 months of supply. The median price per square foot is $226. The median rent is $1,749 per month (Census ACS). About 84.4% of housing units are owner-occupied. The median year homes were built is 1993. There are 10,092 total housing units. Homeowners pay a median annual property tax of $5,099. The effective tax rate is 0.96%, below the national average.

Crime data is not yet available for Chanhassen. The FBI UCR/NIBRS program does not cover all jurisdictions.

Natural Hazard Risk

Source: FEMA National Risk Index

Risk Score

98.3

Relatively High

Expected Annual Loss

98.9

Score (0-100)

Social Vulnerability

20.3

Score (0-100)

Community Resilience

98.1

Score (0-100)

Scores range from 0 (lowest risk) to 100 (highest risk) relative to all U.S. communities. Data from FEMA National Risk Index.

Disaster History & Federal Spending

Source: FEMA

Total Declarations

18

Public Assistance

$137.2M

Individual Assistance

$777K

Most Common Type

Flood

7 declarations

Public Assistance by Category

Total: $19.2M
DisasterTypeDatePA $IA $
Covid-19 Pandemic โ†’BiologicalApr 2020$118.9M$777K
Covid-19 โ†’BiologicalMar 2020โ€”โ€”
Severe Storms and Flooding โ†’FloodNov 2016โ€”โ€”
Severe Storms, Straight-line Winds, Flooโ€ฆ โ†’FloodJul 2014$6.7Mโ€”
Severe Storms, Straight-line Winds, and โ€ฆ โ†’Severe StormJul 2013$4.1Mโ€”
Severe Storms and Flooding โ†’Severe Storm(s)Jul 2012$1.2Mโ€”
Severe Storms and Tornadoes โ†’Severe StormJun 2011$3.3Mโ€”
Flooding โ†’FloodMar 2010โ€”โ€”
Bridge Collapse โ†’OtherAug 2007$3.1Mโ€”
Hurricane Katrina Evacuation โ†’HurricaneSep 2005โ€”โ€”
Severe Winter Storms, Flooding, and Tornโ€ฆ โ†’FloodMay 2001โ€”โ€”
Severe Storms, Straight Line Winds, and โ€ฆ โ†’TornadoJun 1998โ€”โ€”
Severe Storms, Tornadoes, High Winds, Flโ€ฆ โ†’Severe StormAug 1997โ€”โ€”
Severe Flooding, High Winds,severe Stormโ€ฆ โ†’FloodApr 1997โ€”โ€”
Severe Storms, Tornadoes & Flooding โ†’Severe StormAug 1987โ€”โ€”
Severe Storms, Flooding, Hail & Tornadoeโ€ฆ โ†’Severe StormJul 1978โ€”โ€”
Drought โ†’DroughtJun 1976โ€”โ€”
Flooding โ†’FloodApr 1969โ€”โ€”
Flooding โ†’FloodApr 1965โ€”โ€”
Dr-4894Unknownโ€”โ€”โ€”

PA = FEMA Public Assistance (infrastructure recovery). IA = Individual Assistance (homeowner/renter aid).

Flood Insurance (NFIP)

Source: FEMA NFIP

Total Claims

682

Total Claims Paid

$4,592,123

Avg Claim Payout

$6,733

County-level NFIP data from FEMA National Flood Insurance Program.

Hazard Mitigation

Source: FEMA Hazard Mitigation Assistance

Mitigation Projects

2

Federal Funding

$65,416

Avg Benefit-Cost Ratio

1.50

BCR

Top Mitigation Project Types

Project TypeProjectsFederal $
400.1: Utility Protective Measures (Electric, Gas, etc.)1$14,106
91.1: Local Multihazard Mitigation Plan1$51,310

Federally funded projects to reduce future disaster risk. Only includes completed or obligated projects.

Chanhassen has a relatively high overall natural hazard risk rating according to FEMA's National Risk Index. The top hazard risks are cold wave, tornado, hail. The area has had 18 federal disaster declarations. The most common disaster type is flood (7 declarations). 682 flood insurance claims have been filed in the area. FEMA has obligated $137,246,853 in public assistance recovery funding. $776,522 has been distributed in individual assistance to disaster-affected residents. 2 hazard mitigation projects have been funded to reduce future risk.

Health

Community Health

Source: CDC PLACES

Obesity Rate

30.9%

5.2pp below the national average

Depression Rate

22.4%

1.1pp below the national average

Diabetes Rate

8.2%

3.7pp below the national average

Uninsured Rate

4.6%

6.0pp below the national average

Health Scorecard

Higher scores indicate better health outcomes relative to the national average (50 = average)

Health Outcomes

Age-adjusted prevalence rates. Green bars indicate rates below the national average; red indicates above.

High Cholesterol

30.6%

Arthritis

20.6%

Cancer (excl. skin)

8.5%

Teeth Lost (65+)

4.3%

Health Risk Behaviors

Prevention & Screening

Green bars indicate rates above the national average (more preventive care); red indicates below.

Mental Health & Wellbeing

Frequent Mental Distress

12.5%

14+ days in past month

Depression

22.4%

Loneliness

27.0%

Lack of Support

18.4%

Disability Prevalence

Any Disability

21.3%

Mobility

8.3%

Cognitive

9.5%

Hearing

5.4%

Vision

2.7%

Self-Care

2.2%

Independent Living

4.9%

Health-Related Social Needs

Prevalence of social risk factors affecting community health

Chanhassen has an obesity rate of 30.9%, which is 5.2pp below the national average. The depression rate is 22.4%, 1.1pp below the national average. About 4.6% of adults lack health insurance. 76.1% of residents had an annual checkup in the past year.

Nearby Hospitals

Source: CMS Hospital Compare

Nearest Hospitals

5

With Emergency Services

5

Avg CMS Rating

3.8 / 5

Nearest Hospital

8.1 mi

St Francis Regional Medical Ce...

Loading mapโ€ฆ
HospitalDistanceTypeRatingER
St Francis Regional Medical Center8.1 miAcute Care Hospitals4/5Yes
Ridgeview Medical Center10.9 miAcute Care Hospitals5/5Yes
M Health Fairview Southdale Hospital11.2 miAcute Care Hospitals4/5Yes
M Health Fairview Ridges Hospital15.2 miAcute Care Hospitals4/5Yes
North Memorial Health Hospital15.2 miAcute Care Hospitals2/5Yes

Climate & Environment

Water Systems

Source: EPA SDWIS

Water Systems

1

Pop. Served

24,951

Violations (5yr)

0

No violations

System NamePop. ServedViolations (5yr)
Chanhassen24,9510

There are 1 water system serving the area.

Infrastructure

Commute Overview2023 ACS

Mean Commute

16 min

-31% vs national

Drive Alone

65.5%

-17% vs national

Public Transit

1.5%

+62% vs national

Work From Home

26.9%

+190% vs national

Carpool

4.9%

Walk / Bike

1.1%

combined

How Chanhassen's Commute ComparesCensus ACS 2023

How People Get to WorkCensus ACS 2023

Commute Mode BreakdownCensus ACS 2023

Traffic Fatalities

Source: NHTSA FARS (2023)

Fatalities

2

2023

2-Year Avg

3

fatalities/yr

Pedestrian

1

Nighttime

1

dark conditions

YearCrashesFatalitiesAlcoholPedestrianCyclist
202322010
202233001

Data from NHTSA Fatality Analysis Reporting System (FARS). Includes only crashes involving at least one fatality.

The average commute in Chanhassen, MN is 16 minutes, which is 31.2% below the national average of 23 minutes. 65.5% of workers drive alone, compared to the national average of 78.7%. 26.9% work from home, which is above the MN state average of 9.5%. Public transit is used by 1.5% of commuters, compared to the national average of 0.9%. 4.9% of workers carpool. In 2023, there were 2 traffic fatalities from 2 fatal crashes. 1 was a pedestrian.

Internet & Broadband Access

Source: Census ACS

Broadband Access

96.8%

of households

Cable / Fiber / DSL

87.0%

of households

No Internet

1.3%

of households

Total Households

9,607

Internet Subscription Types

Cable, Fiber, or DSL
87.0%
Cellular Data Plan
93.5%
Satellite
5.2%
Cellular Only (no wired)
6.8%
No Internet Access
1.3%

Device Ownership

Source: Census ACS

Has Computer

99.5%

of households

Smartphone

96.6%

of households

Desktop / Laptop

94.1%

of households

Tablet

82.4%

of households

Any Computing Device
99.5%
Smartphone
96.6%
Desktop / Laptop
94.1%
Tablet
82.4%
Smartphone Only
2.3%
No Computer
0.5%

Percentage of households with each device type. Data from the U.S. Census Bureau ACS (2023 5-year estimates, tables B28001 & B28002).

Electricity Rates

Source: U.S. Energy Information Administration (2024)

Residential Rate

15.4ยข

per kWh

-19% vs 25,000 - 50,000 avg

Commercial Rate

12.2ยข

per kWh

-21% vs 25,000 - 50,000 avg

Industrial Rate

9.2ยข

per kWh

-23% vs 25,000 - 50,000 avg

Avg Monthly Bill

$110

residential

-25% vs 25,000 - 50,000 avg

9% below the national average of 17.1ยข/kWh

Residential electricity in Minnesota averages 15.4ยข per kWh, compared to the national average of 17.1ยข. The average monthly electric bill is $110. State-level averages from EIA Electric Sales & Revenue data (2024).

Chanhassen vs Similar Cities

Source: EIA (2024)

Comparing electricity rates with randomly selected cities of similar population (25,000 - 50,000). Each city represents its state's average rate.

Residential Rate (ยข/kWh)

Commercial Rate (ยข/kWh)

Industrial Rate (ยข/kWh)

Average Monthly Bill

Water Systems

Source: EPA SDWIS

Water Systems

1

Population Served

24,951

Violations (5yr)

0

System NameTypeSourcePop. ServedViolations
ChanhassenCommunityGround water24,9510

96.8% of households in Chanhassen have broadband internet access. 87.0% have cable, fiber, or DSL service. 6.8% rely solely on cellular data without a wired connection. 1.3% of households have no internet access. The area is served by 1 water system, providing water to 24,951 people. No water quality violations have been reported in the past 5 years.

Politics & Government

County-level data: Election results are reported at the county level. Chanhassen is located in Hennepin County, MN. Results reflect all voters in the county, not just those in Chanhassen.

Election Overview

Source: Hennepin County (2024)

2024 Winner

Democrat

Dem Votes

502,710

70.2%

GOP Votes

197,244

27.5%

Total Votes

716,591

Margin

D+42.6%

Shift from 2020

R+0.6pp

vs prior election

๐Ÿ“ŠElection Results by Year
2016โ€“2024
๐Ÿ“ˆPartisan Lean Trend
D+42.6%

Election History

Source: County-Level Election Results
YearDem VotesGOP VotesTotalDem %GOP %Margin
2024502,710197,244716,59170.2%27.5%D+42.6
2020532,623205,973755,96970.5%27.3%D+43.2
2016429,283191,768672,64463.8%28.5%D+35.3

In the 2024 presidential election, Hennepin County recorded 716,591 total votes. Democrats won the county with 70.2% of the vote compared to 27.5% for Republicans, a margin of D+42.6%. Compared to 2020, the margin shifted R+0.6pp from the previous election. Since 2016, Hennepin County has shifted 7.3 percentage points toward Democrats.

Nonprofits Overview

Source: IRS Exempt Organizations BMF

Total Nonprofits

110

Total Assets

$49.2M

Total Income

$32.5M

Per 10K Residents

42.3

nonprofits

-45.1% vs peers avg

Orgs with >$1M Assets

9

Median Assets

$176K

Oldest Active

1941

ruling year

Newest Org

2026

ruling year

Nonprofits by Category

Source: IRS / NTEE Classification
Recreation & Sports
13
Philanthropy
13
Education
12
Human Services
10
Religion
10
Arts & Culture
6
Public Benefit
5
Mental Health
4
Environment
3
Youth Development
3
Voluntary Health
2
Community Improvement
2
Animal-Related
1
Crime & Legal
1
Housing & Shelter
1
International
1
Unknown
1
83.5%of all nonprofit assets are held by the 10 largest organizations

Top 10 hold $41.1M of $49.2M total

Nonprofit Size Distribution

Source: IRS Exempt Organizations BMF

Number of nonprofits by total asset size

When Were Nonprofits Founded?

Source: IRS Ruling Date

Number of currently active nonprofits by founding decade

Nonprofits per 10K Residents vs Similar Cities

Source: IRS BMF + Census ACS

Compared to cities with population 25,000 - 50,000

Largest Nonprofits in Chanhassen

Source: IRS Exempt Organizations BMF
OrganizationCategoryAssetsIncomeEst.IRS
CHAPEL HILL ACADEMY INCโ€”$10.9M$6.4M1970
LOVE 4 ONE ANOTHER CHARITIESEducation$8.5M$288K2022
SCHOTT FOUNDATIONโ€”$6.5M$5.8M1982
ACORN FOUNDATIONEducation$4.2M$2.1M1998
LIFE TIME FOUNDATIONEducation$2.6M$2.7M2021
GRIEF CLUB OF MINNESOTAMental Health$2.5M$894K2020
DAUWALTER FAMILY FOUNDATIONPhilanthropy$2.0M$1.5M2000
TROUT UNLIMITEDโ€”$1.7M$2.8M1972
CHARLES ENGASSER MEMORIAL FOUNDATION INCโ€”$1.2M$209K1987
TENTMAKERSReligion$975K$479K1980
CHASKA COMMUNITY HOCKEY ASSOCIATION INCโ€”$730K$1.3M1978
TENTMAKERS YOUTH MINISTRY FOUNDATIONโ€”$728Kโ€”1989
RS HANSEN FOUNDATION INCโ€”$675K$502K1992
CHANHASSEN ATHLETIC ASSOCIATIONRecreation & Sports$643K$746K2018
RICHARD BURY FOUNDATION INCPhilanthropy$565K$554K2006
CC UNITED SOCCER CLUB INCRecreation & Sports$540K$1.2M1998
CHANGE THE OUTCOMEPublic Benefit$386K$748K2018
CHANHASSEN BOOSTER CLUBEducation$324K$683K2011
MINDS MATTER NATIONAL INCYouth Development$304K$77K2004
KELIIX INTRA SOCCER CLUBRecreation & Sports$281K$1.0M2001
ERHART FOUNDATIONPhilanthropy$271K$271K2025
PHIL AND MILLA ISAACSON CHARITABLE FOUNDATIONUnknown$260K$67K2014
FLAGSHIP FOUNDATIONPhilanthropy$235K$70K1999
CHANHASSEN ROTARY FOUNDATIONCommunity Improvement$229K$124K2004
VANCE C DEMONG CHARITABLE TR UNDER VANCE C DEMONG RVOC TR 071994Philanthropy$193K$45K2001
BOECKERMANN FAMILY FOUNDATIONPhilanthropy$176K$28K1995
TONKA RECREATION ASSOCIATIONโ€”$173K$131K1988
RYAN DUNGEY FOUNDATIONPhilanthropy$171K$127K2025
MINNETONKA BOYS BASKETBALL ASSOCIATIONYouth Development$135K$213K2019
A BETTER SOCIETYHuman Services$123K$102K2010
JOSEPH F NOVOGRATZ CHARITABLE FOUNDATIONHuman Services$112K$12021
SEMPER FI FLO FOUNDATIONPublic Benefit$103K$143K2020
BLUFF CREEK ELEMENTARY SCHOOL PTOEducation$98K$87K2015
CLEAR SPRINGS PTO INCEducation$96K$108K2010
CHASKA VALLEY FAMILY THEATRE INCArts & Culture$87K$183K2002
HIM4HER MINISTRIESReligion$76K$75K2015
WILLIAMS WINGS FOUNDATIONHuman Services$55K$1332013
CHARLIES CHOICEPhilanthropy$50K$22K2021
MINNETONKA HIGH SCHOOL GIRLS HOCKEYRecreation & Sports$49K$90K2014
ONELOVEYOGAHuman Services$48K$90K2021
DUGOUT CLUB INCHuman Services$40K$2K2018
STAR FOUNDATIONPhilanthropy$38K$77K2007
HENKEL FOUNDATION INCPhilanthropy$30K$12016
VAN BLYENBURGH FAMILY FOUNDATIONPhilanthropy$25K$15K2018
CHANHASSEN HIGH SCHOOL DANCE TEAM BOOSTER CLUBEducation$21K$71K2023
JOE SLAVIN MEMORIAL FUNDโ€”$16K$5K2021
HOMEWARD BOUND THEATRE COMPANY INCArts & Culture$10K$178K1994
MINNESOTA BASEBALL CLUBRecreation & Sports$7K$89K2021
LAASER LEGACY FOUNDATIONMental Health$4K$34K2023
FULKRUMM FOUNDATIONVoluntary Health$3K$33K2023

Chanhassen, MN has 110 registered 501(c)(3) nonprofit organizations with combined assets of $49.2M. The most common category is Recreation & Sports, with 13 organizations. 9 nonprofits have assets exceeding $1 million. That works out to 42.3 nonprofits per 10,000 residents. The oldest active nonprofit dates back to 1941.

SBA Lending Overview

Source: SBA FOIA Loan-Level Data

Total SBA Loans

303

Total Approved

$129.4M

Jobs Supported

3,566

Per 10K Residents

116.5

SBA loans

+21.2% vs peers avg

Unique Lenders

73

Top Lender

Old National Bank

44 loans

Top Industry

Health Care & Social Assistance

Data Span

1992โ€“2025

Loan Program Breakdown

Source: SBA FOIA
7(a)84% of all loans

Loans

255

Total Amount

$99.3M

Avg Loan

$389,258

Median Loan

$150,000

SBA Guaranteed

$74.0M(75%)

Jobs Supported

2,648

50416% of all loans

Loans

48

Total Amount

$30.2M

Avg Loan

$628,813

Median Loan

$520,500

7(a) โ€” 84%504 โ€” 16%

Recent Activity (Last 5 Years)

Source: SBA FOIA

Recent Loans

57

19% of all-time total

Recent Amount

$27.0M

21% of all-time total

Avg Recent Loan

$474,116

Top Industries Funded

Source: SBA FOIA / NAICS Codes
Health Care & Social Assistance41 loans
NAICS 62
$17.2M
Professional & Technical Services27 loans
NAICS 54
$7.7M
Other Services26 loans
NAICS 81
$7.0M
Wholesale Trade24 loans
NAICS 42
$14.2M
Construction20 loans
NAICS 23
$5.4M

SBA Loans per 10K Residents vs Similar Cities

Source: SBA FOIA + Census ACS

Compared to cities with population 25,000 - 50,000

Top SBA Borrowers

Source: SBA FOIA
BusinessLoansAmount
Bercom International Llc3$4.7M
Watford City Nd Investments Llc1$4.5M
The Goddard School1$4.4M
Genfor Precision Components Ltd2$4.0M
Mara Sports Marketing Llc1$4.0M
Errington Education Inc.1$3.8M
Business Impact Group Llc3$3.2M
Profile Plastics Incorporated3$3.0M
Lightstone Productions Llc3$3.0M
Exlar Corporation1$2.8M

Chanhassen, MN has received 303 SBA loans totaling $129.4M in approved funding between 1992 and 2025. The 7(a) program accounts for 255 loans (84% of the total), supporting 2,648 jobs. The 504 program, focused on real estate and large equipment, has funded 48 loans totaling $30.2M. The most common industry receiving SBA funding is Health Care & Social Assistance. The most active SBA lender in Chanhassen is Old National Bank with 44 loans. That works out to 116.5 SBA loans per 10,000 residents.

ZIP Code Overview

Source: Census ACS

ZIP Codes

19

Total Population

344,373

Avg Median Income

$129,672

Avg Home Value

$508,600

ZIP Code Details

Source: Census ACS
ZIP CodePopulationMedian IncomeHome ValueMedian RentArea (sq mi)
5530521,274$106,480$442,200$1,7749.3
5531722,373$133,573$505,300$1,76313.2
5531829,884$111,781$389,200$1,43039.9
5533119,291$160,029$707,000$1,20816.3
5534326,482$82,415$350,700$1,4277.7
5534414,180$89,590$351,600$1,7258.9
5534521,255$143,287$478,800$1,44411.4
5534618,602$137,125$463,800$1,8236.8
5534730,467$152,850$493,200$2,02016.8
553565,924$171,333$712,800$1,73213.1
5536413,959$111,083$411,200$1,12815.2
553754,285$136,250$395,600$1,1395.1
5537949,084$109,824$366,300$1,54057.9
553841,869$46,860$598,400$1,2230.3
5538610,080$191,279$559,700$2,4356.4
5539115,469$170,115$795,600$1,49816.5
5543614,573$132,487$595,500$1,8554.7
5543815,847$103,488$406,200$1,5548.3
554399,475$173,925$640,300$1,6814.7

Chanhassen, MN has 19 ZIP codes with a combined population of 344,373. The average median household income across all ZIP codes is $129,672. The average median home value is $508,600. The average median monthly rent is $1,600.

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