Chanhassen 82 Exceptional
Chanhassen Livability #28 ranked city in Minnesota#887 ranked city in the USARanks better than 96% of areas

Pros and Cons of Living in Chanhassen

PROS
  • Commute

    High commute scores indicates that public transit should be easily accessible in this area and the average commute time to work is less than average.

  • Crime

    With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.

  • Employment

    The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.

  • Housing

    This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.

  • Health & Safety

    A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.

CONS
  • Amenities

    A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.

  • Cost Of Living

    Based on the most recent cost of living data, this area is more expensive to live in. You can expect to pay more for everyday goods and services, housing, groceries and utilities.

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What's it like Living in Chanhassen?

Chanhassen is a moderately-sized city located in the state of Minnesota. The city has a population of 25,965 people. If we look at the most recent Census, Chanhassen is known to have a predominantly White population. The next two most common races are Asian and Black. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Chanhassen is the right fit for you, your one way commute time will average 25 minutes, which is about average when compared to the national commute time of 26 minutes.

Without the right tools, relocating to any new city can be very stressful and challenging. Living in Chanhassen, Minnesota could be a great experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Finding the best places to live in Chanhassen and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, crime, cost of living, employment and other important metrics.

Chanhassen, MN receives 82/100 for its livability score; this results in a ranking of #23 in Minnesota and #879 in the USA. This is a terrific score, as Chanhassen ranks well in multiple categories! The cherry on top is that Chanhassen also ranks in the top 10 percent of all cities. If we explore each of the categories individually, we see that Chanhassen ranks well for crime (A+), education (A) and housing (A+). Unfortunately for Chanhassen, there are some categories for which it does not rank well, this includes: amenities (F) and cost of living (F).

Unemployment rates can range pretty dramatically from one city to another. Knowing that Chanhassen has an unemployment rate of 1.79% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.

For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Chanhassen apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.

Assuming that Chanhassen meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Chanhassen. Everything else becomes a lot less important if it turns out that home prices in Chanhassen are simply unattainable. Median real estate prices in Chanhassen come in at $400,300, which is 109% higher than the Minnesota average. The home price to income ratio compares the median home prices to the median household income. In Chanhassen, the home price to income ratio is 3.2, which is 6.7% higher than the Minnesota average.

Best Places to Live in and Around Chanhassen

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Compare Chanhassen, MN Livability

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      Chanhassen transportation information

      Statistic Chanhassen Minnesota National
      Average one way commute25min23min26min
      Workers who drive to work78.2%78.0%76.4%
      Workers who carpool5.8%8.7%9.3%
      Workers who take public transit2.5%3.5%5.1%
      Workers who bicycle0.2%0.8%0.6%
      Workers who walk0.2%2.8%2.8%
      Working from home12.6%5.3%4.6%
      Source: The Chanhassen, MN data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).