Cottonwood
In Lyon County, Minnesota.
- Population
- 1,120
- Median household income
- $90,750
- Median home value
- $180,200
-15.9%’19–’23
+62.1%’19–’23
+13.0%’19–’23
Cottonwood is a community in Lyon County, Minnesota, home to 1,120 residents. The median household income of $90,750 is above the Lyon County median ($72,761).
Between 2019 and 2023, Cottonwood's population declined 15.9% from 1,332 to 1,120, while its median home value rose 13.0% from $159,400 to $180,200.
77.9% of homes are single-family detached houses. The typical home was built around 1971.
Demographics
ACS 2019–2023- Population
- 1,120
- Median age
- 37.0 yrs
- Median household income
- $90,750
- Median home value
- $180,200
- Median gross rent
- $914
- Housing units
- 517
- Homeownership rate
- 78.9%
- Bachelor's degree or higher
- 27.1%
- Unemployment rate
- 3.6%
Trends
ACS 5-year · 2019–20231,3321,120
$56,000$90,750
$159,400$180,200
$543$914
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 1,332 | $56,000 | $159,400 | $543 |
| 2020 | 1,180 | $61,625 | $158,200 | $595 |
| 2021 | 1,160 | $71,641 | $158,100 | $600 |
| 2022 | 1,150 | $79,457 | $167,300 | $683 |
| 2023 | 1,120 | $90,750 | $180,200 | $914 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 58.6%
5 to 1717.1%
18 to 246.9%
25 to 3414.1%
35 to 4412.3%
45 to 5413.1%
55 to 6411.2%
65 to 748.8%
75 and over7.9%
| Count | Share | |
|---|---|---|
| Under 5 | 96 | 8.6% |
| 5 to 17 | 191 | 17.1% |
| 18 to 24 | 77 | 6.9% |
| 25 to 34 | 158 | 14.1% |
| 35 to 44 | 138 | 12.3% |
| 45 to 54 | 147 | 13.1% |
| 55 to 64 | 125 | 11.2% |
| 65 to 74 | 99 | 8.8% |
| 75 and over | 89 | 7.9% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 1,047 | 93.5% |
| Black or African American | 0 | 0.0% |
| American Indian & Alaska Native | 0 | 0.0% |
| Asian | 1 | 0.1% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 0 | 0.0% |
| Two or more races | 36 | 3.2% |
| Hispanic or Latino (any race) | 36 | 3.2% |
Educational attainment (age 25+)
No high school diploma2.0%
High school graduate22.1%
Some college or associate's48.8%
Bachelor's degree20.1%
Graduate or professional degree7.0%
| Count | Share | |
|---|---|---|
| No high school diploma | 15 | 2.0% |
| High school graduate | 167 | 22.1% |
| Some college or associate's | 369 | 48.8% |
| Bachelor's degree | 152 | 20.1% |
| Graduate or professional degree | 53 | 7.0% |
Commute to work
- Mean travel time to work
- 15 min
Drove alone82.3%
Carpooled6.5%
Public transit0.0%
Walked2.6%
Bicycle0.5%
Worked from home8.1%
Other means0.0%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 478 | 82.3% |
| Carpooled | 38 | 6.5% |
| Public transit | 0 | 0.0% |
| Walked | 15 | 2.6% |
| Bicycle | 3 | 0.5% |
| Worked from home | 47 | 8.1% |
| Other means | 0 | 0.0% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 250 | 46.8% |
| 15 to 29 min | 240 | 44.9% |
| 30 to 44 min | 22 | 4.1% |
| 45 to 59 min | 10 | 1.9% |
| 60+ min | 12 | 2.2% |
Households
- Average household size
- 2.38
- Poverty rate
- 8.1% (91 of 1,117)
| Count | Share | |
|---|---|---|
| Family households | 299 | 63.8% |
| Nonfamily households | 170 | 36.2% |
Housing
- Median year structure built
- 1971
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 469 | 90.7% |
| Vacant | 48 | 9.3% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 370 | 78.9% |
| Renter-occupied | 99 | 21.1% |
1-unit, detached77.9%
1-unit, attached2.3%
2 to 4 units3.9%
5 to 19 units8.1%
20 or more units4.3%
Mobile home & other3.5%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 403 | 77.9% |
| 1-unit, attached | 12 | 2.3% |
| 2 to 4 units | 20 | 3.9% |
| 5 to 19 units | 42 | 8.1% |
| 20 or more units | 22 | 4.3% |
| Mobile home & other | 18 | 3.5% |
Geography
- Place GEOID
- 2713564
- Type (LSAD)
- 25
- Land area
- 1 sq mi
- Water area
- 0 sq mi
- Center point
- 44.6110, -95.6719
Compare with nearby cities
5Minnesota rankings
21- Largest by population in Minnesota
- Most densely populated in Minnesota
- Highest median household income in Minnesota
- Highest median home value in Minnesota
- Most affordable home values in Minnesota
- Highest median gross rent in Minnesota
- Cheapest median gross rent in Minnesota
- Oldest by median age in Minnesota
- Youngest by median age in Minnesota
- Most college-educated in Minnesota
- Highest poverty rate in Minnesota
- Lowest poverty rate in Minnesota
- Highest homeownership rate in Minnesota
- Lowest homeownership rate in Minnesota
- Longest commutes in Minnesota
- Shortest commutes in Minnesota
- Largest households in Minnesota
- Newest housing in Minnesota
- Oldest housing in Minnesota
- Fastest-growing (2019–2023) in Minnesota
- Fastest-shrinking (2019–2023) in Minnesota