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NEIGHBORHOOD

Corcoran

Minnesota · Minneapolis · 7,190 residents · 0.69 sq mi
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The short version

Corcoran has roughly average household income, with a median household income of $79,853. Population has held roughly steady since 2024. 51% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value is $311,521. These figures are approximated by combining the 2 census tracts that make up Corcoran; the Census Bureau does not tabulate data for neighborhoods directly.

At a glance
Average income
near the US median
US median: $82,259
Younger
median age 35.7
US median: 38.9
More educated
51% hold a bachelor's degree
US average: 36%
Renter-heavy
55% owner-occupied
US average: 65%
Section 01

Population & growth

Total population
7,190
Population density
10,420 / sq mi
US average: 281
Median age
35.7
US average: 38.9
Section 02

Income & economy

Median household income
$79,853
US average: $82,259
Per capita income
$40,825
US average: $44,673
Households earning $100K+
53.5%
US average: 53.3%
Poverty rate
19.5%
US average: 12.5%
Income inequality (Gini)
0.431
US average: 0.476
Workforce by industry, 2024
Retail trade8.5%
US avg: 9.9%
Information8.1%
US avg: 10.8%
Wholesale trade5.5%
US avg: 6.9%
Other services4.6%
US avg: 6.7%
Public administration3.7%
US avg: 4.8%
Arts, entertainment, food2.3%
US avg: 1.9%
Finance & insurance2.1%
US avg: 5.9%
Professional, scientific, technical2.1%
US avg: 5.1%
Transportation & warehousing1%
US avg: 2.2%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$311,521
US average: $376,019
Median gross rent
$1,337
US average: $1,442
Owner-occupied
55.0%
45.0% rent
Vacancy rate
4.4%
US average: 10.0%
Owner cost-burdened
19.2%
US average: 22.9%
Renter cost-burdened
51.8%
US average: 47.4%
Afford Score
3.9
RELATED:See current rent listings in Corcoran on RentDataNow
Section 04

Race & ethnicity

2024
White, non-Hispanic59.9%(4,306)
Black10.4%(750)
Hispanic / Latino20.9%(1,500)
Asian2.4%(172)
Other6.4%(462)
Diversity Score72.8%(5,233)
2024
White, non-Hispanic59.9%(4,306)
Black10.4%(750)
Hispanic / Latino20.9%(1,500)
Asian2.4%(172)
Other6.4%(462)
Diversity Score72.8%(5,233)
Diversity Score
73
Section 05

Education

Bachelor's degree or higher
50.9%
US average: 35.6%
High school or higher
78.8%
US average: 89.6%
Graduate degree
18.6%
US average: 14.0%
Section 06

Commute & transportation

Average commute
23.0 min
US average: 26.5
Drive alone to work
45.4%
US average: 68.9%
Carpooled to work
5.9%
US average: 8.5%
Public transit
6.1%
US average: 3.2%
Worked from home
32.9%
US average: 15.0%
Walked to work
3.1%
US average: 2.4%
Biked to work
4.5%
US average: 0.4%
No vehicle available
20.3%
US average: 8.3%
Section 07

Work & employment

Unemployment rate
8.1%
US average: 5.2%
Labor force participation
71.5%
US average: 63.5%
Self-employed
20.0%
US average: 13.1%
Management & professional
57.2%
US average: 42.5%
Section 08

People & community

Male
52.8%
Female
47.2%
Foreign born
17.1%
US average: 14.1%
Veterans
5.2%
US average: 6.2%
With a disability
10.6%
US average: 13.3%
Uninsured
6.5%
US average: 8.4%
Broadband at home
91.7%
US average: 91.0%
English only at home
70.4%
US average: 77.7%
Spanish at home
18.4%
US average: 13.6%
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Frequently asked

How many people live in Corcoran, Minneapolis, Minnesota?

Corcoran, Minneapolis, Minnesota has about 7,190 residents according to the 2024 American Community Survey.

What is the median household income in Corcoran, Minneapolis, Minnesota?

The typical household in Corcoran, Minneapolis, Minnesota earns about $79,853 a year. Half of households make more than that, and half make less.

Is Corcoran, Minneapolis, Minnesota expensive?

In Corcoran, Minneapolis, Minnesota, the median home is worth about $311,521, and the typical rent is about $1,337 a month.

How educated are people in Corcoran, Minneapolis, Minnesota?

About 50.9% of adults age 25 and over in Corcoran, Minneapolis, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Corcoran, Minneapolis, Minnesota?

About 19.5% of people in Corcoran, Minneapolis, Minnesota live below the federal poverty line.

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Containing area
Minneapolis

DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →