Cottonwood is a city located in Lyon County Minnesota. With a 2020 population of 1,220, it is the 324th largest city in Minnesota and the 9508th largest city in the United States . Cottonwood is currently declining at a rate of -0.65% annually but its population has increased by 0.66% since the most recent census, which recorded a population of 1,212 in 2010. Cottonwood reached it's highest population of 1,253 in 2017. Spanning over 1 miles, Cottonwood has a population density of 1,225 people per square mile.
The average household income in Cottonwood is $70,269 with a poverty rate of 11.95%. The median rental costs in recent years comes to $543 per month, and the median house value is $159,400. The median age in Cottonwood is 35.9 years, 35.7 years for males, and 36.3 years for females.