Credit River, Minnesota Population 2024

5,588

Credit River is a city located in Minnesota. Credit River has a 2024 population of 5,588. Credit River is currently growing at a rate of 0.38% annually and its population has increased by 1.53% since the most recent census, which recorded a population of 5,504 in 2020.

The average household income in Credit River is $226,709 with a poverty rate of 1.71%. The median age in Credit River is 41.8 years: 40.4 years for males, and 43.1 years for females.

Credit River Demographics

According to the most recent ACS, the racial composition of Credit River was:

  • White: 96.04%
  • Other race: 1.82%
  • Two or more races: 1.29%
  • Asian: 0.82%
  • Black or African American: 0.04%
  • Native American: 0%
  • Native Hawaiian or Pacific Islander: 0%
Land Area (mi²)
23.4 sq mi
Density (mi²)
238.80/sq mi
Growth Since 2020
1.53% (84)
The current population of Credit River, Minnesota is 5,588 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 5,504.

Population by Race

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Race
Population
Percentage (of total)
White5,29096.04%
Other race1001.82%
Two or more races711.29%
Asian450.82%
Black or African American20.04%
Native American00%
Native Hawaiian or Pacific Islander00%

White

Other race

Two or more races

Asian

Black or African American

Native American

Native Hawaiian or Pacific Islander

Credit River Population by Race

Credit River Population Pyramid 2024

Credit River Median Age

41.8

Total

40.4

Male

43.1

Female

Credit River Adults

There are 3,989 adults, (607 of whom are seniors) in Credit River.

Credit River Age Dependency

62.9

Age Dependency Ratio

17.9

Old Age Dependency Ratio

44.9

Child Dependency Ratio

Credit River Sex Ratio

Female2,53746.06%
Male2,97153.94%

Credit River Population by Age

Credit River Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All1,8422.9896.93.1
Married1,5093.2497.72.3
Non Family1911.192.77.3
Female892.2988.811.2
Male533.771000

3.17

Average Family Size

2.98

Average Household Size

96.9%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Credit River Households and Families

Male

Female

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Education Attained
Count
Percentage
9th to 12th Grade310.86%
Associates Degree56315.57%
Bachelors Degree1,31036.24%
Graduate Degree3539.76%
High School Graduate67118.56%
Less Than 9th Grade00%
Some College68719%

Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Credit River Educational Attainment by Sex (over 25)

Credit River Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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Race
Total
High School
Bachelors
White3,5123,4871,609
Other Race505034
2+ Races262614
Asian25196
Hispanic141414
Black220

The highest rate of high school graduation is among black people with a rate of 100%.

The highest rate of bachelors degrees is among hispanic people with a rate of 100%.

Credit River Educational Attainment by Race

All

Male

Female

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Name
Average
Male
Female
Bachelors Degree$113,333$147,813$94,483
Graduate Degree$169,375$190,455$0
High School Graduate$66,250$76,587$42,708
Less Than 9th Grade$0$0$0
Overall$80,978$93,571$59,423
Some College$53,864$78,056$37,981

$80,978

Average Earnings

$93,571

Average Male

$59,423

Average Female

Credit River Earnings by Educational Attainment

Credit River Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Credit River Language

98.53% of Credit River residents speak only English, while 1.47% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 0.79% of the population.

Credit River Language

Credit River Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White5,290921.74%
Black22100%

1.71%

Overall Poverty Rate

1.62%

Male Poverty Rate

1.81%

Female Poverty Rate

Poverty in Credit River

The race most likely to be in poverty in Credit River is Black, with 100% below the poverty level.

The race least likely to be in poverty in Credit River is White, with 1.74% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 0.68%. Among those working part-time, it was 3.53%, and for those that did not work, the poverty rate was 3.44%.

Credit River Poverty

rate

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Rate
Poverty
Some College3.92%
Bachelors or Greater1.92%
High School0.15%
Less Than 9th Grade0%

Credit River Poverty Rate by Education

rate

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Rate
Poverty
Female Employed2.33%
Male Employed1.17%
Male Unemployed0%
Female Unemployed0%

Credit River Poverty Rate by Employment Status and Sex

Credit River Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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Name
Median
Mean
Families$160,268$238,018
Households$154,145$226,709
Married Families$196,250$-999,999,999
Non Families-$110,435

mean

median

Income by Household Type

Credit River Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

73.6%

Overall Marriage Rate

70.9%

Male Marriage Rate

76.6%

Female Marriage Rate

Credit River Married by Age and Sex

male

female

Credit River Marriage

The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 35-44.

Credit River Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Credit River Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

247

Number of Veterans

196

Male Veterans

51

Female Veterans

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War
Veterans
Second Gulf War94
First Gulf War84
Vietnam22
Korea21
World War II0

Credit River Veterans by War

count

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Age Group
Veterans
35 to 5487
55 to 6477
75+59
18 to 3416
65 to 748

Credit River Veterans by Age

count

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Name
Veterans
% of Total
White2145.6%
Other Race3366%

Credit River Veterans by Race

Credit River Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

0%

Veteran Poverty Rate

3.24%

Veteran Disability Rate

Credit River Veterans by Education

LaborForceParticipation

76.4%

Labor Force Participation

74.8%

Employment Rate

2%

Unemployment Rate

Credit River Employment by Age

LaborForceParticipation

Credit River Employment by Race

LaborForceParticipation

Credit River Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

69.08%

Born in Credit River

95.19%

Native Born

4.81%

Foreign Born

0.29%

Non Citizen

4.52%

Naturalized

Place of Birth

95.19% of Credit River residents were born in the United States, with 69.08% having been born in Minnesota. 0.29% of residents are not US citizens. Of those not born in the United States, the largest percentage are from North America.

Credit River Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20295,693210.37%
20285,672210.37%
20275,651210.37%
20265,630210.37%
20255,609210.38%
20245,588210.38%
20235,567210.38%
20225,546-31-0.56%
20215,577731.33%
20205,5045,504Infinity
201900NaN
201800NaN
201700NaN
201600NaN
201500NaN
201400NaN
201300NaN
201200NaN
201100NaN
2010000%

Credit River Population by Year