Carver, MN
Population 5,935 · Minnesota
About Carver, MN
Carver is a small community in Minnesota with a population of 5,935 residents. The median household income is $144,408 per year, which is above the national average. The median age in Carver is 39.4 years.
Housing in Carver has a median home value of $427,600 and median monthly rent of $1,347. Of the 2,057 total housing units, the majority are owner-occupied, with 1,830 owner-occupied and 183 renter-occupied units.
The unemployment rate in Carver is 4.8% and the poverty rate is 1.5%. 61.7% of residents hold a bachelor's degree or higher. The average commute time is 31.8 minutes.
How Carver Ranks in Minnesota
Cost of Living in Carver, MN
Compared to national averages, Carver has a median household income of $144,408 (92% above the national median of $75,149). Home values average $427,600, which is 75% above the national median. Monthly rent at $1,347 is 16% above the US average of $1,163. Within Minnesota, Carver's income is 95% above the state average of $74,221, and home values are 109% above the state median of $204,472.
Why Live in Carver, MN?
Carver offers a strong local economy with a median household income of $144,408, well above the national average, and a well-educated community where 61.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $427,600. However, Carver’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Carver has a population of 5,935 with a median age of 39.4 years. Compare Carver with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Carver
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| International Falls | 5,728 | $61,043 | $115,000 | Compare |
| Glencoe | 5,702 | $63,967 | $213,100 | Compare |
| Chisago City | 5,629 | $96,964 | $366,600 | Compare |
| Credit River | 5,531 | $149,524 | $577,600 | Compare |
| St. Paul Park | 5,464 | $98,670 | $252,800 | Compare |
| Zimmerman | 6,410 | $86,169 | $284,600 | Compare |
| Byron | 6,510 | $121,681 | $326,400 | Compare |
| Montevideo | 5,303 | $65,724 | $137,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Carver
What is the population of Carver, MN?
The population of Carver, MN is 5,935 according to the latest Census data.
What is the median household income in Carver?
The median household income in Carver, MN is $144,408 per year.
What is the median home value in Carver?
The median home value in Carver, MN is $427,600.
What is the average rent in Carver?
The median monthly rent in Carver, MN is $1,347.
What is the unemployment rate in Carver?
The unemployment rate in Carver, MN is 4.8%.