Chaska city, MN

ZIP 55318 — Economy & Jobs

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Income, employment, industries, and economic trends

Income & Economy in Chaska city, MN (55318)

Median Income

$111,781

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+2,121

Wealth inflow

Population

29,884

Unemployment

2.5%

1.2pp below US avg

IRS migration statistics show a net inflow of about 2,121 for ZIP 55318 (Chaska 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

2.5%-32% vs US avg

Self-Employed

2.9%-53% vs US avg

SNAP Benefits

5.5%-53% vs US avg

680

Establishments

12,484

Employees

~18 per establishment — small businesses dominate

Manufacturing

Top Industry

Economic Distributions

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

Occupation

Industry

Agriculture, forestry, mining1.4%
Construction5.1%
Manufacturing16.3%
Wholesale trade2.4%
Retail trade11.0%
Transportation, utilities4.3%
Information1.2%
Finance, insurance, real estate9.6%
Professional, scientific, management13.7%
Education, health care, social22.8%
Arts, entertainment, food services7.0%
Other services3.6%
Public administration1.8%

Household Income

Historical Trends in 55318 (2020–Present)

Since 2020, population grew 3.2%, median income rose 3.1% (inflation-adjusted), home values increased 9.0%.

Median Income

$111,781

+49% vs US avg

Unemployment Rate