Credit River city, Minnesota
CityPopulation: 5,531 (2023 estimate)
Census Bureau data for Credit River city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Credit River city
- What is the median household income in Credit River city?
- The median household income in Credit River city is $149,524 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Credit River city?
- The poverty rate in Credit River city is 0.9% (U.S. Census Bureau ACS 2023).
- What is the median home value in Credit River city?
- $577,600 (U.S. Census Bureau ACS 2023).
- What is the average rent in Credit River city?
- The median gross rent in Credit River city is $890 per month (U.S. Census Bureau ACS 2023).
- What percentage of Credit River city residents have a college degree?
- 46.5% of adults in Credit River city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
5,531
Median Income
$149,524
Median Home Value
$577,600
Poverty Rate
0.9%
Unemployment (ACS 2023)
2.4%
Median Age
43.0 yrs
Demographics
Total Population
5,531
Median Age
43.0
Female
47.8%
Race & Ethnicity
Hispanic or Latino 1.1%
White (non-Hisp.) 92.4%
Asian 2.5%
Two or More 3.5%
Other 1.6%
Asian Subgroups (% of total pop.)
Korean
0.8%
Vietnamese
0.3%
Hispanic Subgroups (% of total pop.)
Puerto Rican
0.4%
Mexican
0.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$149,524
±$16,477
+$61,968 vs. state
Per Capita Income
$231,163
Median Family Income
$154,125
Poverty Rate
0.9%
-4.6 pp vs. state
Child Poverty Rate
2.3%
Working-Age Poverty Rate
—
SNAP Recipients
0.0%
Social Security Income
—
Retirement Income
25.8%
Household Income Distribution
$10–15k
0.7%
$15–25k
0.4%
$25–35k
3.7%
$35–50k
6.7%
$50–75k
10.1%
$75–100k
7.6%
$100–150k
21.1%
$150–200k
12.8%
$200k+
37.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
1,998
Owner-Occupied
97.7%
Renter-Occupied
2.3%
Vacancy Rate
2.1%
Median Home Value
$577,600
+$272,100 vs. state
Median Gross Rent
$890
Owner Cost Burden (30%+)
16.3%
Renter Cost Burden (30%+)
44.4%
Home Value Distribution
< $50k
1.4%
$50–100k
1.7%
$200–300k
11.7%
$300–500k
24.5%
$500k–$1M
50.9%
$1M+
8.4%
Vehicle Availability
1 vehicle
12.6%
2 vehicles
47.9%
3+
39.5%
Housing Type
Single-fam. det.
98.1%
Single-fam. att.
1.9%
Housing Age
Pre-1940
5.0%
1940–1969
0.6%
1970–1999
25.2%
2000–2009
25.9%
2010+
5.7%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
99.5%
Bachelor's or Higher
46.5%
+7.7 pp vs. state
Graduate Degree
12.8%
Some College / Associate
18.2%
Less Than High School
0.0%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
76.4%
Unemployment Rate
2.4%
-1.5 pp vs. state
Work from Home
17.4%
Self-Employed
4.3%
Government Workers
9.3%
Private For-Profit
86.4%
Industry
Manufacturing
20.4%
Edu/Health
16.3%
Prof. Services
14.4%
Retail
8.8%
Arts/Entmt.
7.1%
Public Admin
6.9%
Finance
6.6%
Transportation
6.0%
Wholesale
4.3%
Construction
4.0%
Information
1.4%
Agriculture
0.5%
Occupation
Management
44.4%
Sales
21.8%
Food Prep
16.3%
Production
14.9%
Construction
2.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
25.4 min
Drove Alone
73.7%
Carpool
1.1%
Public Transit
0.8%
Work from Home
17.4%
Walked
0.3%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
1,956
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
76.4%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
30.8%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
5.9%
5–9
7.5%
10–14
5.2%
15–19
6.5%
20–24
6.8%
25–34
10.5%
35–44
10.2%
45–54
10.6%
55–64
15.6%
65–74
9.3%
75–84
9.3%
85+
1.4%
Under 18: 22.3%
Working age (18–64): 77.7%
65 and over: 12.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
6.5%
Naturalized Citizen
94.5%
Speaks English Less Than Very Well
0.8%
Foreign-Born Origin
Europe
40.2%
Asia
24.1%
Veterans & Disability
Veteran
7.1%
With a Disability
5.0%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
98.3%
Uninsured
1.7%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
96.6%
Has a Computer
98.9%
Same House 1 Year Ago
93.6%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023