As of 2024 the population of Cottage Grove is 43,704. The population is expected to grow to 46,528 by 2029 - a growth rate of 1.26%.
The median age of Cottage Grove residents is 38.
The diversity index of Cottage Grove is 51.4, meaning that there is a 51% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.
The average household income in Cottage Grove is $145,134 and projected to be $165,325 in 2029. Per capita income is $48,974, projected to be $56,153 in 2029. 6.16% of households – 2,692 – have an income of $200,000 or higher. Average net worth is $1,769,889 and the average disposable income is $103,319.
There are 15,278 housing units in Cottage Grove; 12,781 are owner-occupied, 1,965 are rented, and 532 are vacant. The average home value is $441,779, with 1,340 homes built in 2010 or later, and 106 built in 1939 or earlier.
There are 566 businesses in Cottage Grove, employing 7,350 workers and pulling from a labor force of 20,930 age 16 and above. 10,700 workers commute into Cottage Grove from outside the county or state. Key industries for the area include:
9,815 residents both live and work in/around Cottage Grove. The average travel time is 25.3 minutes. 3.94% people have a commute of less than 5 minutes while 2.71% commute 90 minutes or more each way. Of commuters, 15,630 drive alone, 1,584 carpool, and 148 take public transportation. 235 use other modes of transport such as motorcycle, bicycle, walking, etc. 3,333 residents work from home.
6,556 members of the workforce hold a high school diploma or GED. 4,072 have associates degrees, 8,170 have bachelor’s degrees, and 3,371 hold a graduate or professional degree.
