Cost of Living in Chaska
Chaska's cost of living pairs genuinely elevated home values against a property tax rate running toward the upper end of Minnesota's own statewide cluster.
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Learn moreA real, disclosed home-value spread
Zillow's average home value ran $487,351 (+2.3% YoY, updated May 31, 2026); Redfin's median sale price ran a lower $455,000, while Movoto's active-listing median ran considerably higher at approximately $625,000 (May 2026).
A property tax rate toward the upper end for Minnesota
Chaska's median effective property tax rate ran 1.13% per Ownwell this pass -- toward the upper end of Minnesota's own real, documented 1.04%-1.15% statewide cluster, and genuinely higher than neighboring Chanhassen's 1.02%.
A median household income well above the national median
Chaska's median household income ($110,956) runs well above the national median, with a comparatively low poverty rate of approximately 5.78%.
Minnesota's 4-bracket income tax applies regardless
Minnesota's real, progressive 4-bracket state income tax (5.35%-9.85%) applies statewide, including in Chaska -- with no local/county piggyback layer.
Key takeaways
- Home values carry a real, disclosed spread ($455K-$625K) depending on measurement method.
- Effective property tax rate (1.13%) runs toward the upper end of Minnesota's own statewide cluster.
- Median household income ($110,956) runs well above the national median.
- Minnesota's statewide 4-bracket income tax applies regardless of city, with no local piggyback layer.
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