Beaver Creek, MN
Population 248 · Minnesota
About Beaver Creek, MN
Beaver Creek is a small community located in Minnesota with a population of 248 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,625 per year, which is 6% below the national median of $75,149. The median age of 39.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Beaver Creek features a median home value of $187,500, which is 23% below the national median of $244,900. This positions Beaver Creek in a moderately priced market relative to the rest of the country. Median monthly rent is $913, 21% below the national average of $1,163/month. Of the 123 total housing units, 88% are owner-occupied (93 units) and 12% are renter-occupied (13 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Beaver Creek shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Beaver Creek have an average one-way commute time of 22.7 minutes.
Education & Demographics
20.7% of Beaver Creek residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 3.2% Asian residents, with 3.2% of the population being foreign-born.
Cost of Living in Beaver Creek, MN
Compared to national averages, Beaver Creek has a median household income of $70,625 (6% below the national median of $75,149). Home values average $187,500, which is 23% below the national median. Monthly rent at $913 is 21% below the US average of $1,163. Within Minnesota, Beaver Creek's income is 5% below the state average of $74,221, and home values are 8% below the state median of $204,472.
Why Live in Beaver Creek, MN?
Beaver Creek offers affordable housing with a median home value of $187,500, below the US average of $244,900, and rent that’s lower than the national average at $913/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 7.3%, better than the national average, and short commute times averaging just 22.7 minutes.
Potential considerations include median household income ($70,625) that falls below the national average. However, Beaver Creek’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Beaver Creek has a population of 248 with a median age of 39.8 years. Compare Beaver Creek with other cities to see how it stacks up, or explore all cities in Minnesota.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Beaver Creek
What is the population of Beaver Creek, MN?
The population of Beaver Creek, MN is 248 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Minnesota.
What is the median household income in Beaver Creek?
The median household income in Beaver Creek, MN is $70,625 per year, which is 6% below the national median of $75,149.
What is the median home value in Beaver Creek?
The median home value in Beaver Creek, MN is $187,500, which is 23% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Beaver Creek?
The median monthly rent in Beaver Creek, MN is $913, which is 21% below the national average of $1,163/month.
What is the unemployment rate in Beaver Creek?
The unemployment rate in Beaver Creek, MN is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Beaver Creek, MN a good place to live?
Beaver Creek offers a moderate cost of living, affordable housing, and a strong job market. With a population of 248 and a median age of 39.8, the city appeals to a broad range of residents.
How educated is Beaver Creek, MN?
20.7% of residents in Beaver Creek aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Beaver Creek?
Key cost-of-living indicators for Beaver Creek, MN: median home value is $187,500 (23% below national), median rent is $913/month, and median household income is $70,625. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Beaver Creek?
The poverty rate in Beaver Creek, MN is 7.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Beaver Creek, MN?
Beaver Creek's population is 0.8% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 3.2% Asian, and 1.2% two or more races. 3.2% of residents are foreign-born.