Living in Deer River, Minnesota
Cost of living, income, home prices, rent and demographics of Deer River · Census data 2020–2024
Deer River has 889 residents with a median age of 40.3. The median household income is $38,824 (56% lower than the Minnesota median), the median home value is $111,200, the median rent is $816/month.
Deer River is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Deer River at a glance
- Population
- 889
- Median age
- 40.3State: 38.8
- Median household income
- $38,824State: $89,062
- Median home value
- $111,200State: $329,300
- Median rent
- $816/moState: $1,280
- Homeowners
- 67.7%
- Bachelor's degree or higher
- 11.8%
- Average commute
- 24 min
Is Deer River a good place to live?
Pros: Home values 66% lower than the state median; unemployment of 3.6%.
Cons: Median household income 56% lower than the Minnesota median; an average commute of 24 minutes; a poverty rate of 30.7%.
The weather is best in June to September.
Cost of living in Deer River
Housing is the biggest part of the cost of living. In Deer River the median home value is $111,200, 67% lower than the U.S. median. Renters pay a median of $816 per month, which is 28.3% of household income. Homeowners with a mortgage pay $878 a month in housing costs.
Deer River median household income
The median household income in Deer River is $38,824 and the income per person is $23,044. 30.7% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Deer River: homes for sale and rent
- Housing units
- 390
- Owner-occupied
- 67.7%
- Renter-occupied
- 32.3%
- Vacant
- 11.8%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.51
Deer River demographics
- Population
- 889
- Median age
- 40.3
- Under 18
- 24.9%
- 65 and older
- 20.2%
- Households
- 344
- Foreign-born
- 1.5%
- Veterans
- 10.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Deer River ›
Education in Deer River
11.8% of adults 25 and older in Deer River have a bachelor's degree or higher (Minnesota: 39.4%), and 5.1% have a graduate or professional degree.
Jobs and commute in Deer River
- Unemployment rate
- 3.6%State: 4.1%
- Average commute
- 24 minState: 23 min
- Work from home
- 1.9%
- Drive alone
- 79.9%
- Public transit
- 0%
- Walk to work
- 4%
- Homes with broadband
- 76.5%
Deer River vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Deer River | 889 | $38,824 | $111,200 | $816 |
| Cohasset | 2,703 | $92,692 | $330,500 | $827 |
| Grand Rapids | 11,207 | $61,029 | $213,800 | $1,090 |
| La Prairie | 592 | $69,375 | $212,800 | $725 |
| Coleraine | 2,150 | $74,716 | $211,800 | $1,167 |
| Bovey | 646 | $64,083 | $122,800 | $948 |
| Taconite | 468 | $84,375 | $219,600 | $2,625 |
| Remer | 371 | $49,500 | $153,000 | — |
| Federal Dam | 142 | $38,393 | $123,100 | $992 |
More for people moving to Deer River
Deer River ZIP code ›Weather and climate ›Living in Deer River: FAQ
What is the median household income in Deer River, MN?
The median household income in Deer River is $38,824, 56% lower 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 Deer River?
The median home value in Deer River is $111,200, compared with $329,300 in Minnesota.
How much is rent in Deer River?
The median gross rent in Deer River is $816 per month, about 28.3% of household income.
Is Deer River, MN a good place to live?
Pluses: home values 66% lower than the state median; unemployment of 3.6%. Minuses: median household income 56% lower than the Minnesota median; an average commute of 24 minutes; a poverty rate of 30.7%.
What is the median age in Deer River?
The median age in Deer River is 40.3 years (Minnesota: 38.8).
How long is the commute in Deer River?
The average commute to work in Deer River is 24 minutes; 1.9% of workers work from home.
What is the unemployment rate in Deer River?
The unemployment rate in Deer River is 3.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Deer River?
11.8% of adults in Deer River 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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