Beaver Creek, MN Profile: Facts & Data

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Beaver Creek, Minnesota - Basic Facts

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The City of Beaver Creek had a population of 307 as of July 1, 2021. Beaver Creek ranks in the lower 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 Beaver Creek is located at latitude 43.6141 and longitude -96.3645 in Rock County. The formal boundaries for the City of Beaver Creek encompass a land area of 0.5 sq. miles and a water area of 0 sq. miles. Rock County is in the Central time zone (GMT -6). The elevation is 1,453 feet.

The City of Beaver Creek 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.

Alternate Unofficial Names for Beaver Creek: City of Beaver Creek.

Jump to... (On This Page!)
  1. Beaver Creek 2021 Demographic Data
  2. Growth Rates for Beaver Creek (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Minnesota Research Tools (Easy Tools & Current Data)
  3. Minnesota Data Comparison Tool - 2021 Demographics
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Beaver Creek, MN Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 307 (100%)
Population in Households 307 (100.0%)
Population in Families 273 (88.9%)
Population in Group Quarters1 0
Population Density 581
Diversity Index2 8
 
 

INCOME

Median Household Income $64,809
Average Household Income $81,736
% of Income for Mortgage4 15%
Per Capita Income $30,496
Wealth Index5 86
 

HOUSING

Total HU (Housing Units) 127 (100%)
Owner Occupied HU 105 (82.7%)
Renter Occupied HU 17 (13.4%)
Vacant Housing Units 5 ( 3.9%)
Median Home Value $226,563
Average Home Value $287,383
Housing Affordability Index3 182
 

HOUSEHOLDS

Total Households 122
Average Household Size 2.52
Family Households 96
Average Family Size 3
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population 0.29% 0.26%
Households 0.37% 0.16%
Families 0.98% 0.21%
Median Household Income   2.1%
Per Capita Income   1.79%
Owner Occupied HU   0.38%

Beaver Creek, MN - Peer Comparisons by Rank and Percentile

The table below compares Beaver Creek to the other 903 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2021 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.

Variable Description Rank Percentile
Total Population # 613 32nd
Population Density # 455 50th
Median Household Income # 398 56th
Housing Affordability Index # 478 53rd
Per Capita Income # 540 40th
Diversity Index # 767 15th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.

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