Chanhassen vs Watertown

A side-by-side comparison of Chanhassen and Watertown: population, income, housing, and more.

Chanhassen and Watertown are places in Minnesota. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Chanhassen has the higher population (26,001 vs 4,747 in Watertown). Chanhassen has the higher median household income ($138,034 vs $93,008 in Watertown). Chanhassen has the higher median home value ($530,700 vs $315,200 in Watertown).

Population, income & housing

	Chanhassen	Watertown
Population	26,001	4,747
Median age	40.9 yrs	34.5 yrs
Median household income	$138,034	$93,008
Median home value	$530,700	$315,200
Median gross rent	$1,749	$967
Housing units	10,092	1,877
Homeownership rate	84.4%	79.3%
Bachelor's degree or higher	64.4%	22.2%
Unemployment rate	3.5%	0.0%

Trends (ACS 5-year, 2019–2023)

	Chanhassen	Watertown
Population	25,657 → 26,001 (+1.3%)	4,408 → 4,747 (+7.7%)
Median household income	$124,125 → $138,034 (+11.2%)	$83,542 → $93,008 (+11.3%)
Median home value	$381,300 → $530,700 (+39.2%)	$208,300 → $315,200 (+51.3%)
Median gross rent	$1,378 → $1,749 (+26.9%)	$694 → $967 (+39.3%)

Chanhassen

Population

25,65726,001

Median household income

$124,125$138,034

Median home value

$381,300$530,700

Median gross rent

$1,378$1,749

Watertown

Population

4,4084,747

Median household income

$83,542$93,008

Median home value

$208,300$315,200

Median gross rent

$694$967

Age & race/ethnicity

Age distribution (share)

	Chanhassen	Watertown
Under 5	5.6%	7.4%
5 to 17	19.8%	14.4%
18 to 24	7.5%	14.3%
25 to 34	8.9%	14.7%
35 to 44	13.8%	10.4%
45 to 54	14.3%	12.6%
55 to 64	15.3%	14.5%
65 to 74	9.1%	6.3%
75 and over	5.6%	5.3%

Race & ethnicity (share)

	Chanhassen	Watertown
White (non-Hispanic)	83.1%	93.3%
Black or African American	1.4%	0.0%
American Indian & Alaska Native	0.2%	0.1%
Asian	6.5%	0.4%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.3%	0.3%
Two or more races	5.2%	3.3%
Hispanic or Latino	3.3%	2.6%

Educational attainment (age 25+)

Share of adults 25+

	Chanhassen	Watertown
No high school diploma	1.9%	4.8%
High school graduate	10.3%	24.7%
Some college or associate's	23.4%	48.3%
Bachelor's degree	41.0%	17.6%
Graduate or professional degree	23.4%	4.5%

Commute to work

How workers get to work (share)

	Chanhassen	Watertown
Drove alone	65.5%	73.8%
Carpooled	4.9%	3.2%
Public transit	1.5%	0.1%
Walked	0.7%	3.7%
Bicycle	0.4%	0.0%
Worked from home	26.9%	19.1%
Other means	0.1%	0.1%

Housing

Units in structure (share)

	Chanhassen	Watertown
1-unit, detached	68.4%	73.7%
1-unit, attached	19.3%	9.4%
2 to 4 units	1.2%	2.5%
5 to 19 units	2.7%	5.5%
20 or more units	8.4%	3.5%
Mobile home & other	0.1%	5.5%

Poverty & households

	Chanhassen	Watertown
Poverty rate	2.8%	10.1%
Average household size	2.70	2.59
Mean commute (minutes)	22	27
Median year structure built	1993	1995