Riverton, MN
Population 148 · Minnesota
About Riverton, MN
Riverton is a small community located in Minnesota with a population of 148 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,000 per year, which is 7% below the national median of $75,149. The median age of 31.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Riverton features a median home value of $125,000, which is 49% below the national median of $244,900. This makes Riverton one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $682, 41% below the national average of $1,163/month. Of the 88 total housing units, 85% are owner-occupied (56 units) and 15% are renter-occupied (10 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Riverton 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 6.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Riverton have an average one-way commute time of 25.3 minutes.
Education & Demographics
19.3% of Riverton 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 0.0% White, 16.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Riverton, MN
Compared to national averages, Riverton has a median household income of $70,000 (7% below the national median of $75,149). Home values average $125,000, which is 49% below the national median. Monthly rent at $682 is 41% below the US average of $1,163. Within Minnesota, Riverton's income is 6% below the state average of $74,221, and home values are 39% below the state median of $204,472.
Why Live in Riverton, MN?
Riverton offers affordable housing with a median home value of $125,000, below the US average of $244,900, and rent that’s lower than the national average at $682/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 6.8%, better than the national average.
Potential considerations include median household income ($70,000) that falls below the national average. However, Riverton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Riverton has a population of 148 with a median age of 31.9 years. Compare Riverton with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Riverton
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Clements | 148 | $53,438 | $60,000 | Compare |
| Lake Lillian | 148 | $66,071 | $101,000 | Compare |
| Federal Dam | 147 | $48,750 | $141,700 | Compare |
| Blomkest | 146 | $58,875 | $104,200 | Compare |
| Garrison | 151 | $52,656 | $0 | Compare |
| Meadowlands | 151 | $41,528 | $55,000 | Compare |
| Bellingham | 152 | $52,083 | $52,700 | Compare |
| Longville | 152 | $31,000 | $168,800 | 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 Riverton
What is the population of Riverton, MN?
The population of Riverton, MN is 148 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 Riverton?
The median household income in Riverton, MN is $70,000 per year, which is 7% below the national median of $75,149.
What is the median home value in Riverton?
The median home value in Riverton, MN is $125,000, which is 49% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Riverton?
The median monthly rent in Riverton, MN is $682, which is 41% below the national average of $1,163/month.
What is the unemployment rate in Riverton?
The unemployment rate in Riverton, 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 Riverton, MN a good place to live?
Riverton offers a moderate cost of living, affordable housing, and a strong job market. With a population of 148 and a median age of 31.9, the city appeals to young professionals and families.
How educated is Riverton, MN?
19.3% of residents in Riverton 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 Riverton?
Key cost-of-living indicators for Riverton, MN: median home value is $125,000 (49% below national), median rent is $682/month, and median household income is $70,000. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Riverton?
The poverty rate in Riverton, MN is 6.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Riverton, MN?
Riverton's population is 0.0% White, 16.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.