Living in Riverton, Minnesota
Cost of living, income, home prices, rent and demographics of Riverton · Census data 2020–2024
Riverton has 145 residents with a median age of 33.6. The median household income is $55,313 (38% lower than the Minnesota median), the median home value is $120,800, the median rent is $730/month.
Riverton is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Riverton at a glance
- Population
- 145
- Median age
- 33.6State: 38.8
- Median household income
- $55,313State: $89,062
- Median home value
- $120,800State: $329,300
- Median rent
- $730/moState: $1,280
- Homeowners
- 82%
- Bachelor's degree or higher
- 24.5%
- Average commute
- 26 min
Is Riverton a good place to live?
Pros: Home values 63% lower than the state median; a poverty rate of 7.6%.
Cons: Median household income 38% lower than the Minnesota median; an average commute of 26 minutes.
The weather is best in June to September.
Cost of living in Riverton
Housing is the biggest part of the cost of living. In Riverton the median home value is $120,800, 64% lower than the U.S. median. Renters pay a median of $730 per month, which is 51% of household income. Homeowners with a mortgage pay $1,125 a month in housing costs.
Riverton median household income
The median household income in Riverton is $55,313 and the income per person is $27,503. 7.6% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Riverton: homes for sale and rent
- Housing units
- 84
- Owner-occupied
- 82%
- Renter-occupied
- 18%
- Vacant
- 27.4%Includes seasonal homes
- Median year built
- 1973
- Average household size
- 2.38
Riverton demographics
- Population
- 145
- Median age
- 33.6
- Under 18
- 27.6%
- 65 and older
- 20%
- Households
- 61
- Foreign-born
- 0%
- Veterans
- 10.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Riverton ›
Education in Riverton
24.5% of adults 25 and older in Riverton have a bachelor's degree or higher (Minnesota: 39.4%), and 7.8% have a graduate or professional degree.
Jobs and commute in Riverton
- Unemployment rate
- 0%State: 4.1%
- Average commute
- 26 minState: 23 min
- Work from home
- 0%
- Drive alone
- 80%
- Public transit
- 0%
- Walk to work
- 3.3%
- Homes with broadband
- 93.4%
Riverton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Riverton | 145 | $55,313 | $120,800 | $730 |
| Ironton | 621 | $62,813 | $144,000 | $1,014 |
| Trommald | 123 | $53,625 | $155,400 | $700 |
| Crosby | 2,218 | $41,554 | $185,600 | $849 |
| Merrifield | 121 | $39,572 | $226,800 | — |
| Cuyuna | 250 | $81,875 | $308,300 | — |
| Deerwood | 710 | $62,981 | $225,000 | $711 |
| Brainerd | 14,468 | $56,111 | $192,500 | $827 |
| Nisswa | 1,954 | $100,000 | $481,200 | $867 |
More for people moving to Riverton
Riverton ZIP code ›Weather and climate ›Living in Riverton: FAQ
What is the median household income in Riverton, MN?
The median household income in Riverton is $55,313, 38% 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 Riverton?
The median home value in Riverton is $120,800, compared with $329,300 in Minnesota.
How much is rent in Riverton?
The median gross rent in Riverton is $730 per month, about 51% of household income.
Is Riverton, MN a good place to live?
Pluses: home values 63% lower than the state median; a poverty rate of 7.6%. Minuses: median household income 38% lower than the Minnesota median; an average commute of 26 minutes.
What is the median age in Riverton?
The median age in Riverton is 33.6 years (Minnesota: 38.8).
How long is the commute in Riverton?
The average commute to work in Riverton is 26 minutes; 0% of workers work from home.
What is the unemployment rate in Riverton?
The unemployment rate in Riverton is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Riverton?
24.5% of adults in Riverton 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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