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Corcoran city, Minnesota

City

Population: 6,854 (2023 estimate)

Located in Minnesota , Minnesota

Census Bureau data for Corcoran city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Corcoran city

What is the median household income in Corcoran city?
The median household income in Corcoran city is $143,250 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Corcoran city?
The poverty rate in Corcoran city is 2.2% (U.S. Census Bureau ACS 2023).
What is the median home value in Corcoran city?
$540,100 (U.S. Census Bureau ACS 2023).
What percentage of Corcoran city residents have a college degree?
52.8% of adults in Corcoran city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
6,854
Median Income
$143,250
Median Home Value
$540,100
Poverty Rate
2.2%
Unemployment (ACS 2023)
1.3%
Median Age
41.0 yrs
Since 2019 Median Income: +$21,175 (+17.3%) Home Value: +$204,800 (+61.1%) Poverty Rate: +0.9 pp (+69.2%) Bachelor's+: +14.3 pp (+37.1%) Unemployment: -0.6 pp (-31.6%)

Demographics

Total Population 6,854
Median Age 41.0
Female 49.6%
Race & Ethnicity
Hispanic or Latino 1.2% White (non-Hisp.) 80.3% Black 1.3% Asian 13.8% Two or More 3.5% Other 0.6%
Asian Subgroups (% of total pop.)
Indian
7.2%
Japanese
1.9%
Vietnamese
1.0%
Chinese
0.6%
Korean
0.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $143,250 ±$40,418
+$55,694 vs. state
Per Capita Income $183,566
Median Family Income $171,354
Poverty Rate 2.2%
-3.3 pp vs. state
Child Poverty Rate 5.1%
Working-Age Poverty Rate
SNAP Recipients 0.3%
Social Security Income
Retirement Income 31.8%
Household Income Distribution
$10–15k
0.6%
$15–25k
2.8%
$25–35k
2.6%
$35–50k
9.7%
$50–75k
7.5%
$75–100k
13.1%
$100–150k
14.2%
$150–200k
19.1%
$200k+
30.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 2,527
Owner-Occupied 94.7%
Renter-Occupied 5.3%
Vacancy Rate 0.9%
Median Home Value $540,100
+$234,600 vs. state
Median Gross Rent
Owner Cost Burden (30%+) 17.4%
Renter Cost Burden (30%+) 0.0%
Home Value Distribution
< $50k
10.2%
$100–200k
0.3%
$200–300k
4.3%
$300–500k
27.7%
$500k–$1M
53.7%
$1M+
3.1%
Vehicle Availability
No vehicle
1.1%
1 vehicle
19.9%
2 vehicles
52.1%
3+
26.9%
Housing Type
Single-fam. det.
92.9%
Single-fam. att.
0.8%
Mobile home
6.3%
Housing Age
Pre-1940
4.6%
1940–1969
1.7%
1970–1999
32.5%
2000–2009
5.9%
2010+
16.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 96.4%
Bachelor's or Higher 52.8%
+14.0 pp vs. state
Graduate Degree 16.9%
Some College / Associate 16.9%
Less Than High School 0.6%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 66.7%
Unemployment Rate 1.3%
-2.6 pp vs. state
Work from Home 26.4%
Self-Employed 4.5%
Government Workers 13.9%
Private For-Profit 81.6%
Industry
Manufacturing
27.3%
Prof. Services
16.8%
Edu/Health
13.0%
Finance
8.1%
Retail
7.9%
Construction
7.2%
Wholesale
4.7%
Transportation
4.6%
Public Admin
3.6%
Arts/Entmt.
2.5%
Agriculture
0.9%
Information
0.4%
Occupation
Management
49.5%
Sales
20.9%
Production
16.6%
Food Prep
6.7%
Construction
6.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 25.3 min
Drove Alone 65.9%
Carpool 4.2%
Public Transit 0.2%
Work from Home 26.4%
Walked 0.5%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 2,505
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 77.9%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 33.9%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
8.8%
5–9
7.9%
10–14
6.3%
15–19
3.9%
20–24
2.5%
25–34
8.7%
35–44
15.1%
45–54
12.8%
55–64
7.1%
65–74
5.7%
75–84
10.9%
85+
9.5%
Under 18: 26.1% Working age (18–64): 73.9% 65 and over: 21.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 15.7%
Naturalized Citizen 36.1%
Speaks English Less Than Very Well 4.1%
Foreign-Born Origin
Asia
76.0%
Europe
11.9%
Africa
5.3%
Latin America
3.9%

Veterans & Disability

Veteran 5.6%
With a Disability 6.6%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 96.7%
Uninsured 3.3%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 90.6%
Has a Computer 96.8%
Same House 1 Year Ago 88.4%
Moved from Abroad 0.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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