Credit River, Minnesota

Population

Growing. Up 2.6% since 2020.

5,644

people, the 140th-largest of Minnesota's cities and towns.

Census Population Estimates, 2025. Rank among Minnesota's cities and towns computed by the Almanac. Sources: Census Population Estimates

The workday

9 in 10 jobs here go to people who live somewhere else.

88.8%

of 556 jobs located in Credit River are filled by in-commuters.

Census LEHD LODES, 2023. Sources: Census LEHD LODES

The seam

Cross one tract line and median rent doubles.

A $1,956 gap between neighbors, the sharpest rent edge between adjacent tracts in Scott County.

• $1,322 Tract 803.03
• $3,278 Tract 802.01

Census ACS 5-year, 2020-2024, adjacent tracts compared by the Almanac. Tract estimates carry wide margins of error. Sources: Census ACS 5-year

Building

66% of the housing here was built before 2000.

• 111 homes permitted, 2021–2025
• 0% of those were in multifamily buildings
• 66% of all homes were built before 2000

Census Building Permits Survey, 2021–2025; Census ACS 5-year, 2020-2024. Sources: Census Building Permits Survey, Census ACS 5-year

Units needed

Closing the gap would add 0.1–0.3% to the 2,000 homes here.

1–6

is the estimated number of missing housing units, from the lowest to the highest of three estimates.

Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

Home value

A median home costs 81% more than Minnesota's.

$595,000

median home value in Credit River.

• $595,000 Credit River
• $329,300 Minnesota
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year