Chanhassen is in the Money, on the Map

Chanhassen cracks CNN Money’s Top 10 Best Places to Live.

If Chanhassen residents needed national confirmation to back up their hometown pride, they now have it.

According to a panel of CNN Money reporters who researched small towns (population under 50,000) throughout the US and ranked them according to qualities that were most important to the majority of American families, Chanhassen is ranked No. 10. 

Chanhassen is the latest Southwest Metro city to make a splash on this annual list, released August 15. Eden Prairie ranked No. 1 on the list last year, but the only other Minnesota cities on the Top 100 list this year were Arden Hills (14), Lino Lakes (44), Savage (51) and Shoreview (52).

The cities were rated based on a combination of factors, including job opportunities, fiscal strength, schools, safe streets, healthcare, cultural and outdoor activities, and even weather. According to CNN Money’s research, Chanhassen had a 5.5 percent unemployment rate, 25.62 percent job growth from 2000-2010 and a median family income per year of $123,580.   

Some of the local landmarks that were considered in Chanhassen’s ranking:

-Chanhassen Dinner Theatre, the nation’s largest Equity (professional status) theatre company

-The city’s 34 parks and 11 lakes

-Minnesota Landscape Arboretum

-Chanhassen High School, already recognized with national awards two years after opening

To see the complete list, and read more about selection criteria, go to CNN Money's website.