Credit River, MN
Population 5,531 · Minnesota
About Credit River, MN
Credit River is a small community in Minnesota with a population of 5,531 residents. The median household income is $149,524 per year, which is above the national average. The median age in Credit River is 43 years.
Housing in Credit River has a median home value of $577,600 and median monthly rent of $890. Of the 1,998 total housing units, the majority are owner-occupied, with 1,911 owner-occupied and 45 renter-occupied units.
The unemployment rate in Credit River is 2.4% and the poverty rate is 1.6%. 46.5% of residents hold a bachelor's degree or higher. The average commute time is 25.4 minutes.
How Credit River Ranks in Minnesota
Cost of Living in Credit River, MN
Compared to national averages, Credit River has a median household income of $149,524 (99% above the national median of $75,149). Home values average $577,600, which is 136% above the national median. Monthly rent at $890 is 23% below the US average of $1,163. Within Minnesota, Credit River's income is 101% above the state average of $74,221, and home values are 182% above the state median of $204,472.
Why Live in Credit River, MN?
Credit River offers a strong local economy with a median household income of $149,524, well above the national average, and rent that’s lower than the national average at $890/month, and a strong job market with an unemployment rate of just 2.4%. Additionally, the city features a well-educated community where 46.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $577,600. However, Credit River’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Credit River has a population of 5,531 with a median age of 43 years. Compare Credit River with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Credit River
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| St. Paul Park | 5,464 | $98,670 | $252,800 | Compare |
| Chisago City | 5,629 | $96,964 | $366,600 | Compare |
| Glencoe | 5,702 | $63,967 | $213,100 | Compare |
| International Falls | 5,728 | $61,043 | $115,000 | Compare |
| Montevideo | 5,303 | $65,724 | $137,600 | Compare |
| La Crescent | 5,266 | $82,109 | $244,500 | Compare |
| North Oaks | 5,175 | $235,858 | $756,300 | Compare |
| Falcon Heights | 5,145 | $93,233 | $366,800 | 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 Credit River
What is the population of Credit River, MN?
The population of Credit River, MN is 5,531 according to the latest Census data.
What is the median household income in Credit River?
The median household income in Credit River, MN is $149,524 per year.
What is the median home value in Credit River?
The median home value in Credit River, MN is $577,600.
What is the average rent in Credit River?
The median monthly rent in Credit River, MN is $890.
What is the unemployment rate in Credit River?
The unemployment rate in Credit River, MN is 2.4%.