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The total population of Cottage Grove is estimated to be 39,274 with 19,296 males (49.13%) and 19,978 females (50.87%). There are 682 more females than males in Cottage Grove.
The median household income in Cottage Grove was $117,697 in 2021, which marked an an increase of 1,437(1.24%) from $116,260 in 2020. This income is 157.76% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Cottage Grove sees its highest median household income among householders in the age group of 45 to 64 years old, at $138,560. Overall, the median household income for the city of Cottage Grove stands at $117,697.
In Cottage Grove, the median income for all workers aged 15 years and older, regardless of work hours, was $62,408 for males and $45,961 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $79,509 for males and $64,071 for females.
In Cottage Grove, the demographic landscape is diverse, spanning 5 distinct racial categories among households. Among these, Black or African American households have the highest median household income at $151,381, while White households represent the opposite end with the lowest median household income of $115,861.
In 2022, the population of Cottage Grove was 41,033, a 2.68% increase year-by-year from 2021. Previously, in 2021, Cottage Grove's population was 39,961, an increase of 2.50% compared to a population of 38,987 in 2020.
The median age in Cottage Grove, MN is 36.3, as per 2021 ACS 5-Year Estimates. Of the total population, 22.25% were under the age of 15, 18.71% aged 15 to 29, 47.19% aged 30 to 64, 10.55% aged 65 to 84, and 1.29% were 85 years of age and older.
Racial distribution of Cottage Grove population: 82.66% are White, 4.99% are Black or African American, 0.03% are American Indian and Alaska Native, 6.75% are Asian, 0.16% are Native Hawaiian and other Pacific Islander, 0.93% are some other race and 4.49% are multiracial.