Located in the state of Minnesota, Chanhassen is a medium-sized city with a population of 24,796 inhabitants. At 91%, the majority of the Chanhassen population is White; this is followed by 6% Asian and 1% Black. If finding a family friendly city is important to you, look no further. With more than 87% of the population considered married and 50% with kids under the age of 18, Chanhassen could be considered a very suitable city for families.
Whether you’re relocating to a new town to be closer to family, friends or for a new job, living in Chanhassen could be a positive experience compared to other cities in Minnesota if you know where to search. 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, cost of living, weather, employment and other important metrics.
Chanhassen has a livability score of 78/100 and is ranked #38 in Minnesota and #2,506 in the USA. Based on this score, Chanhassen would be considered a very livable city! Another exciting tidbit, is that Chanhassen ranks better than 90% of all US cities! There are seven total categories that create the livability score. Chanhassen scores well for amenities (A+), crime (A+), education (A+) and employment (A). Chanhassen does not do well for the following: cost of living (F) and weather (F). It might be wise to take a closer look at each category to find out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Chanhassen has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive.
The average school test scores in Chanhassen are 68%. This far exceeds the national average and ensures that this educational system will provide your children with the skills and the tools they need to thrive.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are available, most people will need to know if the real estate in Chanhassen is actually affordable. The median home price for Chanhassen homes is $339,800, which is 77.4% higher than the Minnesota average. If we take a closer look at the affordability of homes in Chanhassen, we’ll see that the home price to income ratio is 2.9, which is 3.3% lower than the Minnesota average. Knowing if your home will appreciate on a long term or even a short term basis should be factored into your decision making. An increase in your home’s value can be a good way to generate tax-free equity that can create long term financial security. In the past year, appreciation rates for homes in the Chanhassen area were 8.6% and 5 year appreciation rates were 4.9%.
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