Stephen, MN
Population 524 · Minnesota
About Stephen, MN
Stephen is a small community in Minnesota with a population of 524 residents. The median household income is $63,750 per year, which is near the national average. The median age in Stephen is 55.3 years.
Housing in Stephen has a median home value of $83,800 and median monthly rent of $871. Of the 300 total housing units, the majority are owner-occupied, with 207 owner-occupied and 29 renter-occupied units.
The unemployment rate in Stephen is 3.1% and the poverty rate is 12.4%. 26.2% of residents hold a bachelor's degree or higher. The average commute time is 19.5 minutes.
Cost of Living in Stephen, MN
Compared to national averages, Stephen has a median household income of $63,750 (15% below the national median of $75,149). Home values average $83,800, which is 66% below the national median. Monthly rent at $871 is 25% below the US average of $1,163. Within Minnesota, Stephen's income is 14% below the state average of $74,221, and home values are 59% below the state median of $204,472.
Why Live in Stephen, MN?
Stephen offers affordable housing with a median home value of $83,800, below the US average of $244,900, and rent that’s lower than the national average at $871/month, and a strong job market with an unemployment rate of just 3.1%. Additionally, the city features short commute times averaging just 19.5 minutes.
Potential considerations include median household income ($63,750) that falls below the national average. However, Stephen’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Stephen has a population of 524 with a median age of 55.3 years. Compare Stephen with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Stephen
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sacred Heart | 522 | $63,125 | $57,600 | Compare |
| Sturgeon Lake | 526 | $77,500 | $190,600 | Compare |
| Gem Lake | 521 | $146,250 | $536,600 | Compare |
| Cosmos | 529 | $50,833 | $95,000 | Compare |
| Brownton | 530 | $77,159 | $148,500 | Compare |
| Franklin | 513 | $54,904 | $84,800 | Compare |
| Hampton | 510 | $106,111 | $305,700 | Compare |
| Pennock | 510 | $68,846 | $140,500 | 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.
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Frequently Asked Questions about Stephen
What is the population of Stephen, MN?
The population of Stephen, MN is 524 according to the latest Census data.
What is the median household income in Stephen?
The median household income in Stephen, MN is $63,750 per year.
What is the median home value in Stephen?
The median home value in Stephen, MN is $83,800.
What is the average rent in Stephen?
The median monthly rent in Stephen, MN is $871.
What is the unemployment rate in Stephen?
The unemployment rate in Stephen, MN is 3.1%.