Deer River, MN Profile: Facts & Data

The City of Deer River had a population of 902 as of July 1, 2024. Deer River ranks in the upper quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Minnesota. See peer rankings below.

The primary coordinate point for Deer River is located at latitude 47.333 and longitude -93.7927 in Itasca County. The formal boundaries for the City of Deer River encompass a land area of 1.29 sq. miles and a water area of 0 sq. miles. Itasca County is in the Central time zone (GMT -6).

The City of Deer River has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Deer River, MN Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	902 (100%)
Population in Households	878 (97.3%)
Population in Families	647 (71.7%)
Population in Group Quarters¹	24 ( 2.7%)
Population Density	598
Diversity Index²	40


INCOME
Median Household Income	$51,110
Average Household Income	$62,488
% of Income for Mortgage⁴	20%
Per Capita Income	$26,510
Wealth Index⁵	44
Socioeconomic Status Index⁶	Moderate (45.7)

HOUSING
Total HU (Housing Units)	438 (100%)
Owner Occupied HU	269 (61.4%)
Renter Occupied HU	113 (25.8%)
Vacant Housing Units	56 (12.8%)
Median Home Value	$160,577
Average Home Value	$230,855
Housing Affordability Index³	125

HOUSEHOLDS
Total Households	382
Average Household Size	2.30
Family Households	217
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Deer River, MN - Peer Comparisons by Rank and Percentile

The table below compares Deer River to the other 914 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.18%	-0.25%
Households	-0.24%	-0.05%
Families		0.73%
Median Household Income		2.52%
Per Capita Income		2.94%
Owner Occupied HU		0.66%

Variable Description	Rank	Percentile
Total Population	# 377	59th
Population Density	# 439	52nd
Median Household Income	# 851	7th
Housing Affordability Index	# 672	74th
Per Capita Income	# 879	4th
Diversity Index	# 173	81st

Deer River, MN Profile: Facts & Data

Deer River, Minnesota - Basic Facts

Deer River, MN Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Deer River, MN - Peer Comparisons by Rank and Percentile

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