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Credit River, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
5,551
Population
$143,125
Median Income
$595,000
Home Value
44.8
Median Age

Demographics

Credit River has a population of 5,551 with a median age of 44.8. Here is the racial and ethnic breakdown of the population:

White
92.1%
Other
3.8%
Asian
2.1%
Hispanic
2.0%
Demographic Value
Total Population5,551
Median Age44.8
White92.1%
Asian2.1%
Hispanic or Latino2.0%
Other / Two or More Races3.8%
Credit River, Minnesota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 92.1%Other: 3.8%Asian: 2.1%Hispanic/Latino: 2.0%5,551PopulationWhiteWhite92.1%OtherOther3.8%AsianAsian2.1%Hispanic/LatinoHispanic/Latino2.0%

Income & Economy

The median household income in Credit River is $143,125, which is 77.6% above the national median of $80,610. The per capita income is $75,691. The poverty rate is 2.1%.

$143,125
Median Household Income
$75,691
Per Capita Income
2.1%
Poverty Rate

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Education

In Credit River, 99.4% of residents age 25+ have a high school diploma or higher, and 44.2% hold a bachelor's degree or higher (12.0% with a graduate or professional degree).

HS Diploma+
99.4%
Bachelor's+
44.2%
Graduate+
12.0%
Education Level % of Adults (25+)
High School Diploma or Higher99.4%
Bachelor's Degree or Higher44.2%
Graduate or Professional Degree12.0%

Housing

The median home value in Credit River is $595,000, above the national median of $303,400. The homeownership rate is 97.5%.

$595,000
Median Home Value
97.5%
Homeownership Rate
Housing Metric Value
Median Home Value$595,000
Homeownership Rate97.5%
Vacancy Rate2.9%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Credit River, Minnesota?
The population of Credit River, Minnesota is 5,551 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Credit River, Minnesota?
The median household income in Credit River, Minnesota is $143,125. This is 77.6% above the national median of $80,610.
What is the median home value in Credit River, Minnesota?
The median home value in Credit River, Minnesota is $595,000.
What percentage of people in Credit River have a college degree?
In Credit River, Minnesota, 44.2% of adults age 25 and older hold a bachelor's degree or higher, and 99.4% have a high school diploma or higher.
Is Credit River, Minnesota an affordable place to live?
The home price-to-income ratio in Credit River, Minnesota is 4.2x (median home value $595,000 vs. median income $143,125), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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