Carver, Minnesota Demographics & Population 2026
During the 2020–2024 ACS period, Carver, Minnesota had a total population of 6,239, the 137th largest city in Minnesota, with a median household income of $147,697, which is 66% higher than the state average. The poverty rate is 2.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 66% above the state average — one of the wealthiest communities in Minnesota.
- An exceptionally low poverty rate of 2.5% — among the lowest in Minnesota.
- 65.4% of adults hold a bachelor's degree or higher — top 10% in Minnesota.
Carver Quick Facts
How Carver Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 5,935 | 6,239 | +5.1% |
| Median household income | $144,408 | $147,697 | +2.3% |
| Median home value | $427,600 | $445,800 | +4.3% |
How Carver Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
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: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Carver Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Carver County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Chaska | 28,706 | $110,956 | 5.8% | $404,700 |
| Waconia | 13,434 | $111,031 | 4.0% | $431,000 |
| Victoria | 11,295 | $195,639 | 2.1% | $581,200 |
| Watertown | 4,790 | $99,671 | 7.7% | $337,200 |
| Norwood Young America | 3,849 | $71,364 | 11.5% | $299,300 |
| Mayer | 2,518 | $124,917 | 4.9% | $342,700 |
| Cologne | 2,282 | $129,398 | 5.2% | $383,600 |
| New Germany | 595 | $93,864 | 4.8% | $258,000 |
| Hamburg | 547 | $72,188 | 12.6% | $239,900 |
| Crown College | 422 | N/A | 0.0% | N/A |
Cities Similar to Carver
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Credit River | 5,551 | $143,125 | $595,000 | 44.2% | 2.1% |
| Byron | 6,646 | $124,010 | $345,300 | 48.2% | 4.2% |
| Corcoran | 7,302 | $133,423 | $569,400 | 54.6% | 3.5% |
| Jordan | 6,771 | $110,057 | $336,200 | 23.9% | 5.5% |
| Elko New Market | 5,002 | $152,150 | $433,100 | 42.1% | 1.1% |
Population Overview
Carver is a small city located in Minnesota, within Carver County. The total population is 6,239. It ranks as the 137th most populous out of 914 Census-designated places in Minnesota.
Age Demographics
The median age in Carver is 38.3 years. This is 1% lower than the state median of 38.8 years. With 29.9% of the population under 18, Carver has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Carver is $147,697. This is 66% higher than the state median of $89,062. It is also 83% higher than the national median of $80,734. The poverty rate stands at 2.5%. This is 74% lower than the state poverty rate of 9.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.7%. This is 9% lower than the state rate of 4.1%. The median home value is $445,800. Housing costs are 35% higher than the state median of $329,300. The home-value-to-income ratio is 3.0x. 93.4% of occupied housing units are owner-occupied. This homeownership rate is 29% higher than the state average of 72.2%.
Race & Ethnicity
Carver has a predominantly White (non-Hispanic) population, comprising 88.8% of all residents. Asian residents account for 6.3%. The Black or African American population (0.2%) is well below the state average of 7.0%. The Hispanic or Latino population (0.4%) is well below the state average of 6.4%.
Education
65.4% of residents aged 25 and older hold a bachelor's degree or higher. This places Carver in the top 10% of all cities in the state for educational attainment. This is 66% higher than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.2%. Notably, 27.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Carver, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Carver, Minnesota?
Carver, Minnesota has a population of 6,239 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Carver, MN?
The median household income in Carver is $147,697, which is 83% higher than the national median of $80,734.
What is the poverty rate in Carver, MN?
The poverty rate in Carver is 2.5%. This means approximately 153 residents live below the federal poverty line.
What is the racial makeup of Carver, Minnesota?
Carver's population is 88.8% White, 0.2% Black, 0.4% Hispanic/Latino, and 6.3% Asian.
What is the median home value in Carver, MN?
The median home value in Carver is $445,800. The home-value-to-income ratio is 3.0x.
How educated is Carver, Minnesota?
65.4% of adults (25+) in Carver hold a bachelor's degree or higher, and 27.0% hold a graduate or professional degree.