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CITY

Deephaven

Minnesota · 3,794 residents (2025 est.) · 2.325 sq mi
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The short version

Deephaven is significantly wealthier than the US average, with a median household income of $197,679. Population has held roughly steady since 2000. 84% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has roughly tripled since 2000, reaching $935,900. With a median age of 48.4, the population is older than the US median of 38.9. It ranks in the top 1% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 48.4
US median: 38.9
More educated
84% hold a bachelor's degree
US average: 36%
Less affordable
home values up 76%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
3,793
−2%since 2000
from 3,853 in 2000
1990 – 2025
Population density
1,631 / sq mi
−2%since 2000
from 1,657 / sq mi in 2000
US average: 281
Median age
48.4
+20%since 2000
from 40.5 in 2000
US average: 38.9

PEP 2025 EST:3,794 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
4K4K4K4K4K1990201020202024Deephaven
20244K
1990201020202024
Section 02

Income & economy

Median household income
$197,679
+7%inflation adjusted, since 2000
from $101,278 in 2000
US average: $82,259
1990 – 2024
Per capita income
$146,525
+150%since 2000
from $58,544 in 2000
US average: $44,673
Households earning $100K+
79.3%
+5.0 ptssince 2009
from 74.3% in 2009
US average: 53.3%
Poverty rate
1.7%
−0.9 ptssince 2000
from 2.6% in 2000
US average: 12.5%
Income inequality (Gini)
0.578
+20%since 2010
from 0.483 in 2010
US average: 0.476
Workforce by industry, 2024
Other services19.3%
US avg: 6.7%
Retail trade15.4%
US avg: 9.9%
Public administration13.4%
US avg: 4.8%
Information6.3%
US avg: 10.8%
Finance & insurance2.1%
US avg: 5.9%
Professional, scientific, technical2.1%
US avg: 5.1%
Arts, entertainment, food1.9%
US avg: 1.9%
Wholesale trade1.6%
US avg: 6.9%
Transportation & warehousing1.2%
US avg: 2.2%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$935,900
+76%inflation adjusted, since 2000
from $291,900 in 2000
US average: $376,019
1990 – 2024
Owner-occupied
89.3%
−6.6 ptssince 2000
from 95.8% in 2000
10.7% rent
Vacancy rate
5.9%
+3.5 ptssince 2009
from 2.5% in 2009
US average: 10.0%
Owner cost-burdened
19.4%
−3.7 ptssince 2009
from 23.0% in 2009
US average: 22.9%
Renter cost-burdened
51.6%
+5.1 ptssince 2009
from 46.4% in 2009
US average: 47.4%
Afford Score
4.7
+64%since 2000
from 2.9 in 2000
1990 – 2024
Gentrification Score
67
RELATED:See current rent listings in Deephaven on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.9%(3,732)
Black0.3%(11)
Hispanic / Latino0.9%(35)
Asian0.7%(27)
Other0%
Diversity Score4.7%(182)
2024
White, non-Hispanic93.8%(3,556)
Black0.1%(3)
Hispanic / Latino2.2%(85)
Asian2%(77)
Other1.9%(72)
Diversity Score15%(568)
Diversity Score
15
+216%since 2000
from 5 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
83.5%
+16.1 ptssince 2000
from 67.4% in 2000
US average: 35.6%
High school or higher
98.6%
+0.5 ptssince 2000
from 98.1% in 2000
US average: 89.6%
Graduate degree
34.1%
+15.4 ptssince 2000
from 18.7% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
26.0 min
+70%since 2000
from 15.3 min in 2000
US average: 26.5
Drive alone to work
51.1%
−25.0 ptssince 2009
from 76.1% in 2009
US average: 68.9%
Carpooled to work
2.3%
−8.2 ptssince 2009
from 10.5% in 2009
US average: 8.5%
Public transit
3.8%
+2.2 ptssince 2009
from 1.6% in 2009
US average: 3.2%
Worked from home
41.7%
+33.7 ptssince 2009
from 8.0% in 2009
US average: 15.0%
Walked to work
0.5%
−2.2 ptssince 2009
from 2.7% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
5.7%
+4.4 ptssince 2009
from 1.2% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
1.7%
−1.0 ptssince 2011
from 2.8% in 2011
US average: 5.2%
Labor force participation
61.6%
−5.8 ptssince 2011
from 67.5% in 2011
US average: 63.5%
Self-employed
7.3%
−5.7 ptssince 2009
from 13.0% in 2009
US average: 13.1%
Management & professional
77.1%
+9.9 ptssince 2009
from 67.1% in 2009
US average: 42.5%
Section 08

People & community

Male
50.1%
−0.8 ptssince 2009
from 51.0% in 2009
Female
49.9%
+0.8 ptssince 2009
from 49.0% in 2009
Foreign born
3.7%
−2.3 ptssince 2009
from 5.9% in 2009
US average: 14.1%
Veterans
5.9%
−45.6 ptssince 2009
from 51.5% in 2009
US average: 6.2%
With a disability
5.9%
+0.8 ptssince 2012
from 5.1% in 2012
US average: 13.3%
Uninsured
0.7%
−95.4 ptssince 2013
from 96.1% in 2013
US average: 8.4%
Broadband at home
89.8%
−4.6 ptssince 2017
from 94.4% in 2017
US average: 91.0%
English only at home
96.5%
+1.2 ptssince 2016
from 95.3% in 2016
US average: 77.7%
Spanish at home
2.0%
+0.1 ptssince 2016
from 1.9% in 2016
US average: 13.6%
Drill deeper

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DEEPHAVEN VS
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Frequently asked

How many people live in Deephaven, Minnesota?

Deephaven, Minnesota has about 3,793 residents according to the 2024 American Community Survey.

What is the median household income in Deephaven, Minnesota?

The typical household in Deephaven, Minnesota earns about $197,679 a year. Half of households make more than that, and half make less.

Is Deephaven, Minnesota expensive?

In Deephaven, Minnesota, the median home is worth about $935,900.

How educated are people in Deephaven, Minnesota?

About 83.5% of adults age 25 and over in Deephaven, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Deephaven, Minnesota?

About 1.7% of people in Deephaven, Minnesota live below the federal poverty line.

Has Deephaven, Minnesota grown since 1990?

Yes, Deephaven, Minnesota has grown since 1990. The population has added about 140 residents, a change of about 4 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →

Deephaven, Minnesota: demographics, income & housing data · CensusEasy