Credit River city, Minnesota Demographics & Population 2026
As of 2026, Credit River city, Minnesota has a total population of 5,531, the 141st largest city in Minnesota, with a median household income of $149,524, which is 71% higher than the state average. The poverty rate is 1.6%.
Key Takeaways
- Household income is 71% above the state average — one of the wealthiest communities in Minnesota.
- An exceptionally low poverty rate of 1.6% — among the lowest in Minnesota.
- 46.5% of adults hold a bachelor's degree or higher — top 10% in Minnesota.
- Near full employment with an unemployment rate of just 2.4%.
Credit River city Quick Facts
How Credit River 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+)
Credit River city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Scott County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Shakopee city | 45,002 | $110,989 | 5.1% | $361,400 |
| Savage city | 32,706 | $122,646 | 4.8% | $395,600 |
| Prior Lake city | 27,832 | $130,278 | 2.9% | $429,900 |
| New Prague city | 8,195 | $98,424 | 3.1% | $323,500 |
| Belle Plaine city | 7,401 | $96,831 | 2.7% | $280,400 |
| Jordan city | 6,704 | $110,139 | 6.1% | $319,000 |
| Elko New Market city | 4,915 | $147,381 | 0.0% | $407,400 |
Cities Similar to Credit River city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Carver city | 5,935 | $144,408 | $427,600 | 61.7% | 1.5% |
| Elko New Market city | 4,915 | $147,381 | $407,400 | 40.4% | 0.0% |
| St. Paul Park city | 5,464 | $98,670 | $252,800 | 24.3% | 5.4% |
| Chisago City city | 5,629 | $96,964 | $366,600 | 27.9% | 5.0% |
| Corcoran city | 6,854 | $143,250 | $540,100 | 52.8% | 3.8% |
Population Overview
Credit River city is a small city located in Minnesota, within Scott County. The total population is 5,531. It ranks as the 141st most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Credit River city is 43.0 years. This is 11% higher than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Credit River city is $149,524. This is 71% higher than the state median of $87,556. Compared to the national median of $78,538, household income here is 90% higher. The poverty rate stands at 1.6%. This is 83% 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 2.4%. This is 40% lower than the state rate of 3.9%. The median home value is $577,600. Housing costs are 89% higher than the state median of $305,500. The home-value-to-income ratio is 3.9x. 97.7% of occupied housing units are owner-occupied. This homeownership rate is 35% higher than the state average of 72.4%.
Race & Ethnicity
Credit River city has a predominantly White (non-Hispanic) population, comprising 92.4% of all residents. Asian residents account for 2.5%. The Black or African American population (0.0%) is well below the state average of 6.7%. The Hispanic or Latino population (1.1%) is well below the state average of 6.2%.
Education
46.5% of residents aged 25 and older hold a bachelor's degree or higher. This places Credit River city in the top 10% of all cities in the state for educational attainment. This is 20% 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 99.5%.
Data Sources & Methodology
All demographic data for Credit River 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 Credit River city, Minnesota?
Credit River city, Minnesota has a population of 5,531 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Credit River city, MN?
The median household income in Credit River city is $149,524, which is 90% higher the national median of $78,538.
What is the poverty rate in Credit River city, MN?
The poverty rate in Credit River city is 1.6%. This means approximately 87 residents live below the federal poverty line.
What is the racial makeup of Credit River city, Minnesota?
Credit River city's population is 92.4% White, 0.0% Black, 1.1% Hispanic/Latino, and 2.5% Asian.
What is the median home value in Credit River city, MN?
The median home value in Credit River city is $577,600. The home-value-to-income ratio is 3.9x.
How educated is Credit River city, Minnesota?
46.5% of adults (25+) in Credit River city hold a bachelor's degree or higher, and 12.8% hold a graduate or professional degree.