The median household income in Cottonwood, MN in 2022 was $77,595, which was 6.1% less than the median annual income of $82,338 across the entire state of Minnesota. Compared to the median income of $39,792 in 2000 this represents an increase of 48.7%. The per capita income in 2022 was $40,782, which means an increase of 51.3% compared to 2000 when it was $19,847.
Whole page based on the data from 2000 / 2022 when the population of Cottonwood, Minnesota was 1,148 / 1,154
Income statistics for all residents
Median household income in Cottonwood, MN in 2022:
Cottonwood:
$77,596
State:
$82,338
Change in median household income between 2000 and 2022:
Cottonwood, Minnesota:
+95.0%
State:
+74.8%
Number of households with income < $10k:
Cottonwood:
9.3% (47)
State:
4.3% (100,518)
Number of households with income $10k - 20k:
Cottonwood:
4.5% (23)
State:
5.6% (130,945)
Number of households with income $20k - 30k:
Cottonwood:
5.9% (30)
State:
6.1% (140,637)
Number of households with income $30k - 40k:
Cottonwood:
6.1% (31)
Minnesota:
6.5% (151,862)
Number of households with income $40k - 50k:
Cottonwood:
5.3% (27)
State:
6.7% (154,930)
Number of households with income $50k - 60k:
Cottonwood:
9.4% (48)
State:
6.9% (159,181)
Number of households with income $60k - 75k:
Cottonwood:
6.1% (31)
State:
9.4% (218,220)
Number of households with income $75k - 100k:
Cottonwood:
16.9% (86)
State:
13.8% (319,951)
Number of households with income $100k - 125k:
Cottonwood:
10.0% (51)
State:
10.8% (251,243)
Number of households with income $125k - 150k:
Cottonwood:
13.8% (70)
State:
8.2% (190,349)
Number of households with income $150k - 200k:
Cottonwood:
8.5% (43)
Minnesota:
10.2% (236,018)
Number of households with income > $200k:
Cottonwood:
4.1% (21)
State:
11.6% (268,336)
Aggregate household income in Cottonwood in 2022: $46,093,322
Median family income in Cottonwood in 2022:
Cottonwood:
$102,056
State:
$105,324
Number of families with income $10k - 20k:
Cottonwood:
2.5% (7)
State:
2.5% (36,635)
Number of families with income $20k - 30k:
Cottonwood:
4.3% (13)
State:
3.5% (50,742)
Number of families with income $30k - 40k:
Cottonwood:
2.0% (6)
State:
4.4% (64,281)
Number of families with income $40k - 50k:
Cottonwood:
7.6% (22)
Minnesota:
5.2% (76,436)
Number of families with income $50k - 60k:
Cottonwood:
7.8% (23)
State:
5.7% (83,050)
Number of families with income $60k - 75k:
Cottonwood:
8.8% (26)
Minnesota:
8.8% (127,783)
Number of families with income $75k - 100k:
Cottonwood:
14.7% (43)
Minnesota:
14.7% (214,426)
Number of families with income $100k - 125k:
Cottonwood:
17.5% (52)
State:
13.1% (190,094)
Number of families with income $125k - 150k:
Cottonwood:
15.5% (46)
Minnesota:
10.3% (149,830)
Number of families with income $150k - 200k:
Cottonwood:
12.2% (36)
State:
13.6% (197,479)
Number of families with income > $200k:
Cottonwood:
7.1% (21)
State:
16.1% (233,828)
Median non-family income in Cottonwood in 2022:
Cottonwood:
$44,844
State:
$48,461
Change in median non-family income between 2000 and 2022:
Cottonwood, Minnesota:
+119.9%
State:
+73.6%
Median per capita income in Cottonwood in 2022:
Cottonwood:
$40,782
State:
$45,021
Change in median per capita income between 2000 and 2022:
Cottonwood, Minnesota:
+105.5%
State:
+94.1%
Income statistics for White residents
Median household income in Cottonwood, MN in 2022:
Cottonwood:
$79,279
State:
$85,697
Change in median household income between 2000 and 2022:
Cottonwood, Minnesota:
+98.5%
State:
+77.5%
Number of households with income < $10k:
Cottonwood:
8.2% (39)
State:
3.9% (74,145)
Number of households with income $10k - 20k:
Cottonwood:
4.6% (22)
State:
5.1% (97,289)
Number of households with income $20k - 30k:
Cottonwood:
6.3% (30)
State:
5.8% (111,536)
Number of households with income $30k - 40k:
Cottonwood:
6.5% (31)
State:
6.2% (118,402)
Number of households with income $40k - 50k:
Cottonwood:
5.7% (27)
State:
6.6% (126,331)
Number of households with income $50k - 60k:
Cottonwood:
6.9% (33)
State:
6.8% (129,961)
Number of households with income $60k - 75k:
Cottonwood:
6.3% (30)
State:
9.4% (181,337)
Number of households with income $75k - 100k:
Cottonwood:
17.3% (82)
State:
13.8% (265,776)
Number of households with income $100k - 125k:
Cottonwood:
10.5% (50)
Minnesota:
11.2% (214,803)
Number of households with income $125k - 150k:
Cottonwood:
14.3% (68)
State:
8.6% (164,715)
Number of households with income $150k - 200k:
Cottonwood:
8.8% (42)
State:
10.6% (203,283)
Number of households with income > $200k:
Cottonwood:
4.4% (21)
State:
12.2% (233,694)
Aggregate household income in Cottonwood in 2022: $43,996,015
Median family income in Cottonwood in 2022:
Cottonwood:
$106,406
State:
$110,049
Number of families with income $10k - 20k:
Cottonwood:
2.7% (7)
State:
1.9% (22,955)
Number of families with income $20k - 30k:
Cottonwood:
4.6% (13)
State:
2.9% (34,913)
Number of families with income $30k - 40k:
Cottonwood:
2.1% (6)
State:
3.7% (44,598)
Number of families with income $40k - 50k:
Cottonwood:
8.2% (23)
State:
4.9% (58,683)
Number of families with income $50k - 60k:
Cottonwood:
3.2% (9)
State:
5.4% (64,644)
Number of families with income $60k - 75k:
Cottonwood:
9.4% (26)
Minnesota:
8.9% (105,839)
Number of families with income $75k - 100k:
Cottonwood:
15.2% (42)
State:
14.8% (177,106)
Number of families with income $100k - 125k:
Cottonwood:
18.3% (51)
State:
13.6% (162,292)
Number of families with income $125k - 150k:
Cottonwood:
16.3% (45)
State:
10.9% (130,417)
Number of families with income $150k - 200k:
Cottonwood:
12.7% (35)
Minnesota:
14.3% (171,257)
Number of families with income > $200k:
Cottonwood:
7.4% (20)
State:
17.1% (204,721)
Median non-family income in Cottonwood in 2022:
Cottonwood:
$45,767
State:
$49,920
Change in median non-family income between 2000 and 2022:
Cottonwood, Minnesota:
+125.3%
State:
+76.0%
Median per capita income in Cottonwood in 2022:
Cottonwood:
$43,285
Minnesota:
$49,507
Change in median per capita income between 2000 and 2022:
Cottonwood, Minnesota:
+111.6%
State:
+103.3%
Income statistics for Asian residents
Median per capita income in Cottonwood in 2022:
Cottonwood:
$22,848
Minnesota:
$39,496
Income statistics for Hispanic or Latino residents
Median household income in Cottonwood, MN in 2022:
Cottonwood:
$52,093
State:
$63,399
Number of households with income < $10k:
Cottonwood:
23.1% (6)
State:
4.0% (3,834)
Number of households with income $10k - 20k:
Cottonwood:
0.0% (0)
State:
6.1% (5,874)
Number of households with income $20k - 30k:
Cottonwood:
0.0% (0)
State:
9.9% (9,526)
Number of households with income $30k - 40k:
Cottonwood:
0.0% (0)
Minnesota:
10.1% (9,710)
Number of households with income $40k - 50k:
Cottonwood:
0.0% (0)
State:
8.0% (7,724)
Number of households with income $50k - 60k:
Cottonwood:
65.4% (17)
State:
9.6% (9,248)
Number of households with income $60k - 75k:
Cottonwood:
0.0% (0)
Minnesota:
10.8% (10,444)
Number of households with income $75k - 100k:
Cottonwood:
0.0% (0)
Minnesota:
15.0% (14,464)
Number of households with income $100k - 125k:
Cottonwood:
11.5% (3)
Minnesota:
7.6% (7,348)
Number of households with income $125k - 150k:
Cottonwood:
0.0% (0)
State:
5.1% (4,890)
Number of households with income $150k - 200k:
Cottonwood:
0.0% (0)
State:
6.5% (6,257)
Number of households with income > $200k:
Cottonwood:
0.0% (0)
Minnesota:
7.3% (7,057)
Aggregate household income in Cottonwood in 2022: $1,379,466
Median per capita income in Cottonwood in 2022:
Cottonwood:
$20,037
State:
$27,748
Change in median per capita income between 2000 and 2022:
Cottonwood, Minnesota:
+89.9%
Minnesota:
+127.2%
Income statistics for Multirace residents
Median per capita income in Cottonwood in 2022:
Cottonwood:
$24,675
State:
$28,529
Income statistics for other residents
Number of households with income < $10k:
Cottonwood:
0.0% (0)
Minnesota:
5.5% (2,716)
Number of households with income $10k - 20k:
Cottonwood:
0.0% (0)
State:
6.3% (3,106)
Number of households with income $20k - 30k:
Cottonwood:
0.0% (0)
State:
6.7% (3,298)
Number of households with income $30k - 40k:
Cottonwood:
0.0% (0)
State:
9.2% (4,529)
Number of households with income $40k - 50k:
Cottonwood:
0.0% (0)
State:
8.6% (4,198)
Number of households with income $50k - 60k:
Cottonwood:
100.0% (19)
State:
9.2% (4,519)
Number of households with income $60k - 75k:
Cottonwood:
0.0% (0)
State:
10.8% (5,300)
Number of households with income $75k - 100k:
Cottonwood:
0.0% (0)
State:
15.9% (7,771)
Number of households with income $100k - 125k:
Cottonwood:
0.0% (0)
Minnesota:
8.6% (4,216)
Number of households with income $125k - 150k:
Cottonwood:
0.0% (0)
State:
4.4% (2,178)
Number of households with income $150k - 200k:
Cottonwood:
0.0% (0)
State:
7.3% (3,556)
Number of households with income > $200k:
Cottonwood:
0.0% (0)
State:
7.3% (3,596)
Aggregate household income in Cottonwood in 2022: $547,883
Median per capita income in Cottonwood in 2022:
Cottonwood:
$19,472
State:
$28,385
Change in median per capita income between 2000 and 2022:
Cottonwood, Minnesota:
+144.0%
State:
+149.3%
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