St. Louis Park, MN
Population 49,541 · Minnesota
About St. Louis Park, MN
St. Louis Park is a mid-sized city located in Minnesota with a population of 49,541 residents according to the latest US Census Bureau American Community Survey data. The median household income is $100,250 per year, which is 33% above the national median of $75,149. The median age of 36 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in St. Louis Park features a median home value of $371,600, which is 52% above the national median of $244,900. This places St. Louis Park in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,589, 37% above the national average of $1,163/month. Of the 25,404 total housing units, 58% are owner-occupied (14,022 units) and 42% are renter-occupied (10,104 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in St. Louis Park shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in St. Louis Park have an average one-way commute time of 20.5 minutes.
Education & Demographics
63.9% of St. Louis Park residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 2.7% White, 1.5% Hispanic or Latino, 0.6% Black or African American, and 2.6% Asian residents, with 8.0% of the population being foreign-born.
How St. Louis Park Ranks in Minnesota
Cost of Living in St. Louis Park, MN
Compared to national averages, St. Louis Park has a median household income of $100,250 (33% above the national median of $75,149). Home values average $371,600, which is 52% above the national median. Monthly rent at $1,589 is 37% above the US average of $1,163. Within Minnesota, St. Louis Park's income is 35% above the state average of $74,221, and home values are 82% above the state median of $204,472.
Why Live in St. Louis Park, MN?
St. Louis Park offers a strong local economy with a median household income of $100,250, well above the national average, and a strong job market with an unemployment rate of just 3.3%, and a well-educated community where 63.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.3%, better than the national average, and short commute times averaging just 20.5 minutes.
Potential considerations include a competitive housing market where the typical home costs $371,600. However, St. Louis Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
St. Louis Park has a population of 49,541 with a median age of 36 years. Compare St. Louis Park with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near St. Louis Park
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Edina | 53,125 | $129,225 | $624,000 | Compare |
| Minnetonka | 53,256 | $120,496 | $456,200 | Compare |
| Shakopee | 45,002 | $110,989 | $361,400 | Compare |
| Mankato | 44,882 | $64,826 | $250,600 | Compare |
| Moorhead | 44,706 | $69,371 | $246,300 | Compare |
| Apple Valley | 55,696 | $99,277 | $354,200 | Compare |
| Maplewood | 40,981 | $88,534 | $291,300 | Compare |
| Cottage Grove | 40,124 | $121,452 | $359,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare St. Louis Park With Other Cities
Frequently Asked Questions about St. Louis Park
What is the population of St. Louis Park, MN?
The population of St. Louis Park, MN is 49,541 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Minnesota.
What is the median household income in St. Louis Park?
The median household income in St. Louis Park, MN is $100,250 per year, which is 33% above the national median of $75,149.
What is the median home value in St. Louis Park?
The median home value in St. Louis Park, MN is $371,600, which is 52% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in St. Louis Park?
The median monthly rent in St. Louis Park, MN is $1,589, which is 37% above the national average of $1,163/month.
What is the unemployment rate in St. Louis Park?
The unemployment rate in St. Louis Park, MN is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is St. Louis Park, MN a good place to live?
St. Louis Park offers above-average incomes, a competitive housing market, and a strong job market. With a population of 49,541 and a median age of 36, the city appeals to a broad range of residents.
How educated is St. Louis Park, MN?
63.9% of residents in St. Louis Park aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in St. Louis Park?
Key cost-of-living indicators for St. Louis Park, MN: median home value is $371,600 (52% above national), median rent is $1,589/month, and median household income is $100,250. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in St. Louis Park?
The poverty rate in St. Louis Park, MN is 7.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is St. Louis Park, MN?
St. Louis Park's population is 2.7% White, 1.5% Hispanic or Latino, 0.6% Black or African American, 2.6% Asian, and 4.5% two or more races. 8.0% of residents are foreign-born.