Income & Economy in Credit River, MN

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$149,524

+104% vs national

Per Capita Income

$80,650

+117% vs national

Poverty Rate

1.6%

-88% vs national

Gini Index

0.4759

0 = perfect equality

Unemployment

2.4%

-55% vs national

SNAP Recipients

0.0%

of households

How Credit River Compares

Source: Census ACS (2023)

Credit River vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Credit River is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Credit River. The median household income here is $149,524.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
1.1%
$25-50K
10.4%
$50-75K
10.1%
$75-100K
7.6%
$100-150K
21.1%
$150-200K
12.8%
$200K+
37.0%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

2.4%

-48% vs MN avg

Labor Force

3,390

Employed

3,310

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

31.7%

of adults 25+

High School Diploma+

46.0%

of adults 25+

Median Age

43.0

Work from Home

17.4%

of workers

The median household income in Credit River, MN is $149,524, which is 104.2% above the national average of $73,224. Per capita income is $80,650. The poverty rate of 1.6% is lower than the MN state average of 11.4%. The Gini index of income inequality is 0.4759, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 2.4%, compared to the state average of 4.5%. 31.7% of adults hold a bachelor's degree or higher.