What percentage of people rent in Chanhassen, MN?

15.9% (±2.5 points) of the occupied homes in Chanhassen, MN are rented (2020–2024 American Community Survey).

That is 1,555 renting households against 8,225 that own their home.

In Chanhassen, the share of households that rent went from 11.9% in 2015–2019 to 15.9% in 2020–2024 (+4.0 percentage points), a measurable increase.

Figures last updated on .

Households that rent
15.9% (±2.5 points)
Renting households
1,555 (±239)
Median renter income
$71,080 (±$20,523)

Who rents and who owns in Chanhassen

Tenure, estimate (90% margin of error)
ChanhassenCarver CountyMinnesotaUnited States
Renter-occupied share15.9% (±2.5 points)18.5% (±1.4 points)27.8% (±0.2 points)34.8%
Renting households1,555 (±239)7,627 (±567)641,268 (±4,528)45,017,354
Owning households8,225 (±332)33,548 (±594)1,666,687 (±7,556)84,210,142
Average renter household size2.0 (±0.2)2.0 (±0.1)2.0 (±0.0)2.3
Average owner household size2.8 (±0.1)2.8 (±0.0)2.6 (±0.0)2.6
Median renter household income$71,080 (±$20,523)$68,811 (±$2,884)$51,080 (±$531)$52,966
Median owner household income$165,439 (±$8,443)$146,916 (±$4,608)$108,214 (±$476)$100,009

In Chanhassen, the renter share is not measurably different from Carver County (18.5%).

It is also lower than in Minnesota (27.8%).

It is lower than the national figure (34.8%).

In Carver County, Chanhassen ranks 6 of 21 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 789 of 2,628.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Chanhassen has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent11.9% (±1.8 points)15.9% (±2.5 points)+4.0 percentage pointsMeasurable increase
Median gross rent$1,378 (±$79)$1,831 (±$62)+32.9%Up after inflation
Median household income$124,125 (±$8,359)$143,651 (±$6,259)+15.7%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Chanhassen

Nearest places with a published estimate, compared with Chanhassen
PlaceDistanceHouseholds that rentCompared with this place
Chanhassen—15.9% (±2.5 points)—
Excelsior3.4 mi51.7% (±9.6 points)Higher
Chaska3.5 mi32.4% (±3.5 points)Higher
Shorewood3.7 mi6.8% (±2.4 points)Lower
Greenwood4.1 mi10.2% (±5.9 points)Not measurably different
Tonka Bay4.3 mi18.6% (±6.9 points)Not measurably different
Victoria4.7 mi6.4% (±2.9 points)Lower
Eden Prairie5.1 mi23.9% (±1.9 points)Higher
Deephaven5.6 mi10.7% (±5.0 points)Not measurably different

Nearby places with a measurably lower figure: Shorewood, MN (6.8%), Victoria, MN (6.4%).

Nearby places with a measurably higher figure: Excelsior, MN (51.7%), Chaska, MN (32.4%), Eden Prairie, MN (23.9%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Carver County, place by place

RankPlaceHouseholds that rent
1Chaska32.4% (±3.5 points)
2Hamburg25.6% (±12.5 points)
3Norwood Young America25.4% (±7.9 points)
4Waconia19.7% (±4.5 points)
5Watertown17.1% (±7.4 points)
6Chanhassen15.9% (±2.5 points)
7Hollywood Township12.4% (±5.9 points)
8New Germany11.9% (±6.2 points)
9Cologne9.2% (±5.0 points)
10Waconia Township8.8% (±8.5 points)
11Carver6.6% (±4.1 points)
12Victoria6.4% (±2.9 points)

Showing 12 of 21 places in Carver County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Chanhassen

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Questions about Chanhassen

How many renters are there in Chanhassen?

Chanhassen has an estimated 1,555 (±239) renting households, 15.9% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Chanhassen?

In Chanhassen, the share of households that rent went from 11.9% in 2015–2019 to 15.9% in 2020–2024 (+4.0 percentage points), a measurable increase.

How big are renting households in Chanhassen?

A renting household in Chanhassen has 2.0 people on average, against 2.8 in an owned home.

How much do renters earn in Chanhassen?

The median renting household in Chanhassen, MN has an income of $71,080 (±$20,523) a year, against $165,439 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Chanhassen city, Minnesota (place:10918, in state:27).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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