Credit River, MN

Full City Profile · Minnesota · Scott County County

4.7 /5.0
A+ Excellent
5,531 Population 236/sq mi density
$149,524 Median Income $80,650 per capita
$577,600 Home Value $420,790 Zillow
$890 Median Rent 19.5% income on rent
47°F Avg Temperature
A+
Overall
4.7 / 5.0
Strong
A+
Economy
4.9 / 5.0
$149,524 median income, 2.4% unemployment
A+
Affordability
4.5 / 5.0
$577,600 home value, $890/mo rent
A+
Education
4.7 / 5.0
46.5% bachelor's degree or higher

Credit River, MN

At a Glance

Median Income
$149,524
99% above
$80,650 per capita
Home Value
$577,600
105% above
Zillow: $420,790
Median Rent
$890/mo
23% below
19.5% of income on rent
Bachelor's Degree+
46.5%
38% above
99.5% high school+
Unemployment
2.4%
33% below
0.9% poverty rate
Obesity Rate
30.3%
6% below
10.6% smoking rate
Avg Temperature
47°F

How Credit River Compares to the U.S. Average

Each bar shows Credit River's value as a percentage of the national average (100% = U.S. avg)

Income
199%
Home Value
205%
Rent
77%
Poverty
7%
Bachelor's
138%
Unemployment
67%
Thin vertical line = U.S. national average (100%)

Is Credit River a Good Place to Live?

A+
4.7 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Credit River residents earn a median household income of $149,524 , which is 99% above the national average of $75,149. Per capita income is $80,650. The unemployment rate stands at 2.4% (33% below the U.S. rate of 3.6%). 0.9% of residents live below the poverty line. The area is home to 3,996 business establishments, including 254 restaurants.

Housing & Cost of Living

The median home value in Credit River is $577,600 , 105% above the national median of $281,900. Zillow estimates the typical home at $420,790. Median rent is $890/month, with 19.5% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1989.

Education

46.5% of adults in Credit River hold a bachelor's degree or higher (38% above the national average). 99.5% have completed high school. Local schools score 6.9/10 in standardized testing.

Climate & Weather

Credit River has an average annual temperature of 47°F (8°C). Winters average 16°F in January while summers reach 74°F in July. Annual precipitation totals 30.6 inches. Air quality is rated Good with a median AQI of 42.

Data Overview

People

Population5,531
Median Age43.0 yrs
Density236/mi²
Male / Female52% / 48%
Foreign Born6.5%
Veterans7.1%

Economy

A+
Median Income$149,524
Per Capita$80,650
Unemployment2.4%
Poverty0.9%
County GDP$10,952M
Avg Weekly Wage$1,195

Housing

A+
Home Value$577,600
Rent$890
Ownership97.7%
Zillow$420,790
Housing Units1,842
Rent Burden19.5%

Health

Obesity30.3%
Diabetes8.2%
Smoking10.6%
Heart Disease4.3%
Premature Death4,774/100K

Climate

Avg Temp47°F
Rain30.6 in/yr
AQI42 (Good)
Elevation943 ft

Education

A+
Bachelor's+46.5%
High School+99.5%
Graduate+9.8%
School Score6.9/10

Community

2024 VoteR 53% / D 45%
Commute25 min
Broadband96.6%
Internet Speed144 Mbps
EV Stations3
Libraries8

Did You Know?

The median home in Credit River was built in 1989.
17.4% work from home.
The nearest airport is Minneapolis-St Paul International/Wold-Chamberlain (16 miles).
The Gini coefficient (income inequality) is 0.408 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
5.0% of the population has a disability.
Average internet download speed is 144 Mbps.
There are 254 restaurants in the area.
The county recorded 12 fatal vehicle crashes.