Chatfield — Financial Data

2,693 Population FY 2023

Beta: source-backed tax context only. This is not a personalized tax-burden estimate.

Current source-backed tax context for Minnesota and Chatfield.

Component	Summary	Effective	Coverage	Sources
MN state individual income tax	Minnesota individual income tax uses graduated rates for tax year 2026 at 5.35%, 6.80%, 7.85%, and 9.85%.	Tax year 2026 brackets.	Rate missing	Minnesota income tax rates and brackets
MN sales and use tax (base)	Minnesota state general sales tax rate is 6.875%; local taxes may apply in addition.	Current Minnesota Department of Revenue guidance (as accessed April 19, 2026).	Rate missing	Minnesota taxes and rates guide
MN property tax policy (local levy system with state components)	Minnesota property tax bills combine local and state property taxes, with local governments setting levies.	Current Minnesota Department of Revenue guidance (as accessed April 19, 2026).	Needs review	Minnesota understanding property tax

Community Profile

Census Bureau ACS 5-year estimates

5.8% Poverty Rate 2023

31.6% Bachelor's+ Rate 2023

2.1% Unemployment Rate 2023

88.3% Homeownership Rate 2023

Median Household Income

$91,912 (2023)

2010 2023

Per Capita Income

$41,345 (2023)

2010 2023

Median Home Value

$216,000 (2023)

2010 2023

Median Gross Rent

$645 (2023)

2010 2023

Median Age

38.0 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.4 (2023)

2010 2023

Financial Documents (13)

Year	Title	Type
2023	Chatfield Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2022	Chatfield Census ACS 5-Year Estimates 2022	US_CENSUS_ACS5
2021	Chatfield Census ACS 5-Year Estimates 2021	US_CENSUS_ACS5
2019	Chatfield Census ACS 5-Year Estimates 2019	US_CENSUS_ACS5
2018	Chatfield Census ACS 5-Year Estimates 2018	US_CENSUS_ACS5

Governance & Structure

Governance Structure

School Details

Not applicable for this entity type.