City

Carver, MN

1 ZIP code  ·  Carver County  ·  Minnesota

👥7,034Population
💰$140,446Median HH Income▲ 84% above avg
🎂39.9Median Age
🏠$433,400Median Home Value▲ 55% above avg
🎓68.7%College Grads▲ 77% above avg
📊4.1%Unemployment▼ 16% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 48.8% Female 51.2% ♀

Race & Ethnicity

White: 88.2%Hispanic: 2.2%Black: 0.2%Asian: 4.4%Other: 5%Race
White88.2%
Hispanic2.2%
Black0.2%
Asian4.4%
Other5.0%

Age Breakdown

Under 5
4%
5–17
25%
18–24
6%
25–44
27%
45–64
27%
65+
7%

Key Indicators

Median Age39.9 yrs
Avg HH Size2.87
Below Poverty2.8% ▼ 72% below avg
College Grads68.7% ▲ 77% above avg
Unemployment4.1% ▼ 16% below avg
No HS Diploma17 (0.4%)
HS Graduate790 (17.8%)
Some College167 (3.8%)
Associates412 (9.3%)
Bachelors588 (13.3%)
Graduate Degree2,457 (55.5%)

Education

No HS: 0.4%HS Grad: 17.8%Some College: 3.8%Associates: 9.3%Bachelors: 13.3%Graduate: 55.5%Edu
No HS0.4%
HS Grad17.8%
Some College3.8%
Associates9.3%
Bachelors13.3%
Graduate55.5%
Housing & Income

Housing Tenure

Owner: 91.1%Renter: 8.9%Tenure
Owner91.1%
Renter8.9%

Home Value Distribution

Under $50k
1%
$50k–$100k
0%
$100k–$150k
4%
$150k–$200k
2%
$200k–$300k
9%
$300k–$500k
54%
Over $500k
30%

Financials

Median HH Income$140,446 ▲ 84% above avg
Median Home Value$433,400 ▲ 55% above avg
Home/Income Ratio3.1x (nat avg ~3.5x)
Median Rent$1,359/mo
Total Housing Units2,504
Vacant Units53

Income Distribution

Under $25k
10%
$25k–$50k
3%
$50k–$75k
11%
$75k–$100k
7%
$100k–$150k
24%
$150k–$200k
17%
Over $200k
28%
Employment & Commute

How People Get to Work

Drove Alone
76%
Public Transit
1%
Walked
1%
Work From Home
22%

Commute Time

Under 15 min
20%
15–30 min
32%
30–45 min
34%
Over 45 min
14%
Housing Stock

Year Built

Before 1940
0%
1940s–1950s
4%
1960s–1970s
6%
1980s–1990s
25%
2000+
65%
About Carver, MN

Carver is a city in Minnesota, located in Carver County. The city spans 1 ZIP code and is home to approximately 7,034 residents. It is a middle-aged city, with a median age of 39.9 years.

Economically, Carver is a upper-middle-income community. The median household income of $140,446 is significantly above the national average. Approximately 2.8% of residents live below the poverty line. The unemployment rate is 4.1%, below the national average.

The real estate market in Carver is a premium housing market. Median home values stand at $433,400, which is significantly above the national average. Renters typically pay around $1,359 per month. Homeownership is high at 91.1%, typical of suburban and family-oriented communities.

The population of Carver is highly educated. 68.7% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (88.2%).

Carver, MN offers residents above-average earning potential within Minnesota.

ZIP Codes in Carver
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
55315 7,034 $140,446 $433,400 $1,359 4.1% 68.7% 91.1%