St. Peter, MN
Population 12,085 · Minnesota
About St. Peter, MN
St. Peter is a mid-sized city located in Minnesota with a population of 12,085 residents according to the latest US Census Bureau American Community Survey data. The median household income is $65,042 per year, which is 13% below the national median of $75,149. The median age of 35 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in St. Peter features a median home value of $238,700, which is 3% below the national median of $244,900. This positions St. Peter in a moderately priced market relative to the rest of the country. Median monthly rent is $943, 19% below the national average of $1,163/month. Of the 4,195 total housing units, 60% are owner-occupied (2,408 units) and 40% are renter-occupied (1,606 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in St. Peter shows an unemployment rate of 1.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 17.5%, above the national average of 12.4%. Workers in St. Peter have an average one-way commute time of 15.3 minutes, one of the shorter commutes in the region.
Education & Demographics
31.3% of St. Peter residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 5.3% White, 1.6% Hispanic or Latino, 0.1% Black or African American, and 2.5% Asian residents, with 7.6% of the population being foreign-born.
Cost of Living in St. Peter, MN
Compared to national averages, St. Peter has a median household income of $65,042 (13% below the national median of $75,149). Home values average $238,700, which is 3% below the national median. Monthly rent at $943 is 19% below the US average of $1,163. Within Minnesota, St. Peter's income is 12% below the state average of $74,221, and home values are 17% above the state median of $204,472.
Why Live in St. Peter, MN?
St. Peter offers affordable housing with a median home value of $238,700, below the US average of $244,900, and rent that’s lower than the national average at $943/month, and a strong job market with an unemployment rate of just 1.8%. Additionally, the city features short commute times averaging just 15.3 minutes.
Potential considerations include median household income ($65,042) that falls below the national average. However, St. Peter’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
St. Peter has a population of 12,085 with a median age of 35 years. Compare St. Peter with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near St. Peter
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Big Lake | 12,115 | $113,333 | $291,700 | Compare |
| East Bethel | 11,995 | $114,583 | $343,200 | Compare |
| Lake Elmo | 12,504 | $153,407 | $588,900 | Compare |
| North St. Paul | 12,511 | $81,641 | $286,600 | Compare |
| Mendota Heights | 11,644 | $132,935 | $504,100 | Compare |
| Cloquet | 12,582 | $63,854 | $200,100 | Compare |
| Vadnais Heights | 12,789 | $91,946 | $334,500 | Compare |
| Grand Rapids | 11,186 | $56,542 | $200,600 | 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. Peter With Other Cities
Frequently Asked Questions about St. Peter
What is the population of St. Peter, MN?
The population of St. Peter, MN is 12,085 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. Peter?
The median household income in St. Peter, MN is $65,042 per year, which is 13% below the national median of $75,149.
What is the median home value in St. Peter?
The median home value in St. Peter, MN is $238,700, which is 3% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in St. Peter?
The median monthly rent in St. Peter, MN is $943, which is 19% below the national average of $1,163/month.
What is the unemployment rate in St. Peter?
The unemployment rate in St. Peter, MN is 1.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is St. Peter, MN a good place to live?
St. Peter offers a moderate cost of living, affordable housing, and a strong job market. With a population of 12,085 and a median age of 35, the city appeals to a broad range of residents.
How educated is St. Peter, MN?
31.3% of residents in St. Peter aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in St. Peter?
Key cost-of-living indicators for St. Peter, MN: median home value is $238,700 (3% below national), median rent is $943/month, and median household income is $65,042. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in St. Peter?
The poverty rate in St. Peter, MN is 17.5%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is St. Peter, MN?
St. Peter's population is 5.3% White, 1.6% Hispanic or Latino, 0.1% Black or African American, 2.5% Asian, and 7.3% two or more races. 7.6% of residents are foreign-born.