Credit River, Minnesota Demographics & Population 2026
During the 2020–2024 ACS period, Credit River, Minnesota had a total population of 5,551, the 141st largest city in Minnesota, with a median household income of $143,125, which is 61% higher than the state average. The poverty rate is 2.1%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 61% above the state average — one of the wealthiest communities in Minnesota.
- An exceptionally low poverty rate of 2.1% — among the lowest in Minnesota.
- 44.2% of adults hold a bachelor's degree or higher — top 10% in Minnesota.
- Near full employment with an unemployment rate of just 1.9%.
Credit River Quick Facts
How Credit River 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 | 5,531 | 5,551 | +0.4% |
| Median household income | $149,524 | $143,125 | -4.3% |
| Median home value | $577,600 | $595,000 | +3.0% |
How Credit River 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+)
Credit River Rankings in Minnesota
Explore Minnesota Rankings
Cities Similar to Credit River
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Carver | 6,239 | $147,697 | $445,800 | 65.4% | 2.5% |
| Elko New Market | 5,002 | $152,150 | $433,100 | 42.1% | 1.1% |
| St. Paul Park | 5,457 | $100,642 | $263,500 | 24.5% | 5.0% |
| Chisago City | 5,899 | $102,197 | $413,000 | 31.3% | 3.4% |
| Byron | 6,646 | $124,010 | $345,300 | 48.2% | 4.2% |
Population Overview
Credit River is a small city located in Minnesota. The total population is 5,551. It ranks as the 141st most populous out of 914 Census-designated places in Minnesota.
Age Demographics
The median age in Credit River is 44.8 years. This is 15% higher than the state median of 38.8 years.
Economy, Income & Housing
The median household income in Credit River is $143,125. This is 61% higher than the state median of $89,062. It is also 77% higher than the national median of $80,734. The poverty rate stands at 2.1%. This is 77% 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 1.9%. This is 53% lower than the state rate of 4.1%. The median home value is $595,000. Housing costs are 81% higher than the state median of $329,300. The home-value-to-income ratio is 4.2x. 97.5% of occupied housing units are owner-occupied. This homeownership rate is 35% higher than the state average of 72.2%.
Race & Ethnicity
Credit River has a predominantly White (non-Hispanic) population, comprising 92.1% of all residents. Asian residents account for 2.1%. The Hispanic or Latino population (2.0%) is well below the state average of 6.4%. The Asian population (2.1%) is well below the state average of 5.1%.
Education
44.2% of residents aged 25 and older hold a bachelor's degree or higher. This places Credit River in the top 10% of all cities in the state for educational attainment. This is 12% 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 99.4%.
Data Sources & Methodology
All demographic data for Credit River, 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 Credit River, Minnesota?
Credit River, Minnesota has a population of 5,551 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Credit River, MN?
The median household income in Credit River is $143,125, which is 77% higher than the national median of $80,734.
What is the poverty rate in Credit River, MN?
The poverty rate in Credit River is 2.1%. This means approximately 117 residents live below the federal poverty line.
What is the racial makeup of Credit River, Minnesota?
Credit River's population is 92.1% White, 0.0% Black, 2.0% Hispanic/Latino, and 2.1% Asian.
What is the median home value in Credit River, MN?
The median home value in Credit River is $595,000. The home-value-to-income ratio is 4.2x.
How educated is Credit River, Minnesota?
44.2% of adults (25+) in Credit River hold a bachelor's degree or higher, and 12.0% hold a graduate or professional degree.