Living in Carver, Minnesota
Cost of living, income, home prices, rent and demographics of Carver · Census data 2020–2024
Carver has 6,239 residents with a median age of 38.3. The median household income is $147,697 (66% higher than the Minnesota median), the median home value is $445,800, the median rent is $1,379/month.
Carver at a glance
- Population
- 6,239
- Median age
- 38.3State: 38.8
- Median household income
- $147,697State: $89,062
- Median home value
- $445,800State: $329,300
- Median rent
- $1,379/moState: $1,280
- Homeowners
- 93.4%
- Bachelor's degree or higher
- 65.4%
- Average commute
- 31 min
Is Carver a good place to live?
Pros: Median household income 66% higher than the Minnesota median; unemployment of 3.7%; a poverty rate of 2.5%.
Cons: Home values 35% higher than the state median; an average commute of 31 minutes.
The weather is best in June to September.
Cost of living in Carver
Housing is the biggest part of the cost of living. In Carver the median home value is $445,800, 34% higher than the U.S. median. Renters pay a median of $1,379 per month, which is 51% of household income. Homeowners with a mortgage pay $2,623 a month in housing costs.
Carver median household income
The median household income in Carver is $147,697 and the income per person is $55,366. 2.5% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Carver: homes for sale and rent
- Housing units
- 2,122
- Owner-occupied
- 93.4%
- Renter-occupied
- 6.6%
- Vacant
- 2%Includes seasonal homes
- Median year built
- 2007
- Average household size
- 3.00
Carver demographics
- Population
- 6,239
- Median age
- 38.3
- Under 18
- 29.9%
- 65 and older
- 10.5%
- Households
- 2,079
- Foreign-born
- 6.8%
- Veterans
- 1.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Carver ›
Education in Carver
65.4% of adults 25 and older in Carver have a bachelor's degree or higher (Minnesota: 39.4%), and 27% have a graduate or professional degree.
Jobs and commute in Carver
- Unemployment rate
- 3.7%State: 4.1%
- Average commute
- 31 minState: 23 min
- Work from home
- 24.1%
- Drive alone
- 72.3%
- Public transit
- 0.5%
- Walk to work
- 0.2%
- Homes with broadband
- 93.8%
Carver vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Carver | 6,239 | $147,697 | $445,800 | $1,379 |
| Chaska | 28,706 | $110,956 | $404,700 | $1,553 |
| Jordan | 6,771 | $110,057 | $336,200 | $1,192 |
| Chanhassen | 26,006 | $143,651 | $566,300 | $1,831 |
| Cologne | 2,282 | $129,398 | $383,600 | $585 |
| Shakopee | 46,012 | $107,223 | $374,800 | $1,531 |
| Victoria | 11,295 | $195,639 | $581,200 | $2,235 |
| Waconia | 13,434 | $111,031 | $431,000 | $1,330 |
| Prior Lake | 28,016 | $134,255 | $450,700 | $1,654 |
More for people moving to Carver
Carver ZIP code ›Weather and climate ›Living in Carver: FAQ
What is the median household income in Carver, MN?
The median household income in Carver is $147,697, 66% higher than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Carver?
The median home value in Carver is $445,800, compared with $329,300 in Minnesota.
How much is rent in Carver?
The median gross rent in Carver is $1,379 per month, about 51% of household income.
Is Carver, MN a good place to live?
Pluses: median household income 66% higher than the Minnesota median; unemployment of 3.7%; a poverty rate of 2.5%. Minuses: home values 35% higher than the state median; an average commute of 31 minutes.
What is the median age in Carver?
The median age in Carver is 38.3 years (Minnesota: 38.8).
How long is the commute in Carver?
The average commute to work in Carver is 31 minutes; 24.1% of workers work from home.
What is the unemployment rate in Carver?
The unemployment rate in Carver is 3.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Carver?
65.4% of adults in Carver have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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