Cohasset city, MN

ZIP 55721 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Cohasset city, MN (55721)

Median Income

$82,750

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+273

Wealth inflow

Population

3,840

Unemployment

15.2%

11.5pp above US avg

IRS migration statistics show a net inflow of about 273 for ZIP 55721 (Cohasset city, MN) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

15.2%+310% vs US avg

Self-Employed

5.8%-5% vs US avg

SNAP Benefits

8.0%-32% vs US avg

Establishments

701

Employees

~10 per establishment — small businesses dominate

Healthcare

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining1.0%
Construction9.3%
Manufacturing4.0%
Wholesale trade0.8%
Retail trade11.9%
Transportation, utilities7.9%
Information2.0%
Finance, insurance, real estate6.8%
Professional, scientific, management4.9%
Education, health care, social35.1%
Arts, entertainment, food services6.5%
Other services4.0%
Public administration5.9%

Household Income

Historical Trends in 55721 (2020–Present)

Since 2020, population grew 7.9%, median income rose 1.9% (inflation-adjusted), home values increased 11.4%.

Median Income

$82,750

+10% vs US avg

Unemployment Rate