Minnesota · Census place 13708
Credit River city, MN
Quick answer
Credit River city has 5,531 residents, ranking #141 of 914 places in Minnesota. Median household income is $149,524, the median home is worth $577,600 and median gross rent runs $890 a month.
- Population
- 5,531Credit River city residents
- Median household income
- $149,524Past 12 months, inflation adjusted
- Median home value
- $577,600Owner-occupied units
- Median gross rent
- $890Rent plus utilities, monthly
- Median age
- 43 yrsAll residents
- Homeownership rate
- 97.7%Owner-occupied households
What the numbers mean in Credit River city
Housing cost measured against local earnings.
A household earning the Credit River city median would spend about 7.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 1.6% of residents and 97.7% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Minnesota.
- International Falls city 5,728
- Glencoe city 5,702
- Chisago City city 5,629
- St. Paul Park city 5,464
- Montevideo city 5,303
- La Crescent city 5,266
- North Oaks city 5,175
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