Corcoran

Population: 6,854
Median household income: $143,250
Median home value: $540,100

Corcoran, a community in Hennepin County, Minnesota, has 6,854 residents. Its median household income of $143,250 runs above the Hennepin County figure of $96,339.

Between 2019 and 2023, Corcoran's population grew 16.0% from 5,911 to 6,854, while its median home value rose 61.1% from $335,300 to $540,100.

The largest age group is 5 to 17, 17.3% of residents. White (non-Hispanic) residents are the largest group, 80.3% of the population.

Demographics

ACS 2019–2023

Population: 6,854
Median age: 41.5 yrs
Median household income: $143,250
Median home value: $540,100
Median gross rent: —
Housing units: 2,527
Homeownership rate: 94.7%
Bachelor's degree or higher: 52.8%
Unemployment rate: 1.3%

Trends

ACS 5-year · 2019–2023

Population

5,9116,854

Median household income

$122,075$143,250

Median home value

$335,300$540,100

Median gross rent

$1,681$2,219

Year	Population	Median household income	Median home value	Median gross rent
2019	5,911	$122,075	$335,300	$1,681
2020	6,113	$138,848	$376,700	$1,775
2021	6,317	$145,897	$429,600	$1,625
2022	6,549	$155,385	$482,600	$2,219
2023	6,854	$143,250	$540,100	—

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 58.8%

5 to 1717.3%

18 to 243.2%

25 to 348.7%

35 to 4415.1%

45 to 5412.8%

55 to 6412.8%

65 to 7410.9%

75 and over10.4%

	Count	Share
Under 5	603	8.8%
5 to 17	1,186	17.3%
18 to 24	220	3.2%
25 to 34	593	8.7%
35 to 44	1,035	15.1%
45 to 54	874	12.8%
55 to 64	880	12.8%
65 to 74	748	10.9%
75 and over	715	10.4%

Race & ethnicity

	Count	Share
White (non-Hispanic)	5,504	80.3%
Black or African American	87	1.3%
American Indian & Alaska Native	27	0.4%
Asian	943	13.8%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	211	3.1%
Hispanic or Latino (any race)	82	1.2%

Educational attainment (age 25+)

No high school diploma3.6%

High school graduate20.8%

Some college or associate's22.8%

Bachelor's degree35.9%

Graduate or professional degree16.9%

	Count	Share
No high school diploma	174	3.6%
High school graduate	1,009	20.8%
Some college or associate's	1,103	22.8%
Bachelor's degree	1,741	35.9%
Graduate or professional degree	818	16.9%

Commute to work

Mean travel time to work: 25 min

Drove alone65.9%

Carpooled4.2%

Public transit0.2%

Walked0.5%

Bicycle0.0%

Worked from home26.4%

Other means2.8%

How workers get to work

	Count	Share
Drove alone	2,202	65.9%
Carpooled	141	4.2%
Public transit	7	0.2%
Walked	16	0.5%
Bicycle	0	0.0%
Worked from home	881	26.4%
Other means	94	2.8%

Travel time

	Count	Share
Under 15 min	465	18.9%
15 to 29 min	1,103	44.8%
30 to 44 min	497	20.2%
45 to 59 min	311	12.6%
60+ min	84	3.4%

Households

Average household size: 2.73
Poverty rate: 3.8% (257 of 6,809)

	Count	Share
Family households	2,125	84.8%
Nonfamily households	380	15.2%

Housing

Median year structure built: 1984

Occupancy

	Count	Share
Occupied	2,505	99.1%
Vacant	22	0.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	2,372	94.7%
Renter-occupied	133	5.3%

1-unit, detached92.9%

1-unit, attached0.8%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other6.3%

Units in structure

	Count	Share
1-unit, detached	2,348	92.9%
1-unit, attached	20	0.8%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	159	6.3%

Geography

Place GEOID: 2713168
Type (LSAD): 25
Land area: 36 sq mi
Water area: 0.28 sq mi
Center point: 45.1069, -93.5780