Carver city, Minnesota Demographics & Population 2026
As of 2026, Carver city, Minnesota has a total population of 5,935, the 137th largest city in Minnesota, with a median household income of $144,408, which is 65% higher than the state average. The poverty rate is 1.5%.
Key Takeaways
- Household income is 65% above the state average — one of the wealthiest communities in Minnesota.
- An exceptionally low poverty rate of 1.5% — among the lowest in Minnesota.
- 61.7% of adults hold a bachelor's degree or higher — top 10% in Minnesota.
Carver city Quick Facts
How Carver city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Carver city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Carver County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Chaska city | 28,146 | $110,000 | 4.9% | $379,400 |
| Waconia city | 13,223 | $104,929 | 4.2% | $407,600 |
| Victoria city | 10,972 | $192,821 | 1.8% | $572,800 |
| Watertown city | 4,747 | $93,008 | 10.1% | $315,200 |
| Norwood Young America city | 3,866 | $67,857 | 9.6% | $289,400 |
| Mayer city | 2,501 | $120,551 | 5.2% | $330,400 |
| Cologne city | 2,146 | $117,344 | 6.1% | $356,600 |
| New Germany city | 581 | $88,438 | 3.7% | $252,600 |
| Hamburg city | 544 | $78,125 | 8.4% | $229,200 |
Cities Similar to Carver city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Credit River city | 5,531 | $149,524 | $577,600 | 46.5% | 1.6% |
| Corcoran city | 6,854 | $143,250 | $540,100 | 52.8% | 3.8% |
| Byron city | 6,510 | $121,681 | $326,400 | 49.5% | 6.2% |
| Elko New Market city | 4,915 | $147,381 | $407,400 | 40.4% | 0.0% |
| Delano city | 6,712 | $118,091 | $347,500 | 44.7% | 3.2% |
Population Overview
Carver city is a small city located in Minnesota, within Carver County. The total population is 5,935. It ranks as the 137th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Carver city is 39.4 years. This is 2% higher than the state median of 38.6 years. With 30.3% of the population under 18, Carver city has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Carver city is $144,408. This is 65% higher than the state median of $87,556. Compared to the national median of $78,538, household income here is 84% higher. The poverty rate stands at 1.5%. This is 84% lower than the state poverty rate of 9.2%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.8%. This is 22% higher than the state rate of 3.9%. The median home value is $427,600. Housing costs are 40% higher than the state median of $305,500. The home-value-to-income ratio is 3.0x. 90.9% of occupied housing units are owner-occupied. This homeownership rate is 26% higher than the state average of 72.4%.
Race & Ethnicity
Carver city has a predominantly White (non-Hispanic) population, comprising 87.6% of all residents. Asian residents account for 5.2%. The Hispanic or Latino population (1.8%) is well below the state average of 6.2%.
Education
61.7% of residents aged 25 and older hold a bachelor's degree or higher. This places Carver city in the top 10% of all cities in the state for educational attainment. This is 59% higher than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.9%. Notably, 22.6% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Carver city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Carver city, Minnesota?
Carver city, Minnesota has a population of 5,935 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Carver city, MN?
The median household income in Carver city is $144,408, which is 84% higher the national median of $78,538.
What is the poverty rate in Carver city, MN?
The poverty rate in Carver city is 1.5%. This means approximately 89 residents live below the federal poverty line.
What is the racial makeup of Carver city, Minnesota?
Carver city's population is 87.6% White, 0.0% Black, 1.8% Hispanic/Latino, and 5.2% Asian.
What is the median home value in Carver city, MN?
The median home value in Carver city is $427,600. The home-value-to-income ratio is 3.0x.
How educated is Carver city, Minnesota?
61.7% of adults (25+) in Carver city hold a bachelor's degree or higher, and 22.6% hold a graduate or professional degree.