Cologne, Minnesota Housing

Cologne, Minnesota has a population of 2,150, with a median household income of $96,400.

Current housing data for Cologne.

$365,000

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Population

2,150

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Median Income

$96,400

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Unemployment

2.90%

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Housing Price

$365,000

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Crime Rate

12.40

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Internet Speed

500.00 Mbps

Cologne is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Cologne is a notable city in Minnesota, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Cologne has a population of 2,150, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Cologne is $96,400, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Cologne average around $365,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Cologne is 2.90%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Cologne are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Minnesota, Cologne shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Minnesota, Cologne contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Cologne

What is the population of Cologne?

The population of Cologne is approximately 2,150.

Is Cologne a good place to live?

Cologne offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Cologne?

The median household income in Cologne is around $96,400.

How expensive is housing in Cologne?

The average housing price in Cologne is approximately $365,000.