Stillwater, MN
Population 19,323 · Minnesota
About Stillwater, MN
Stillwater is a mid-sized city located in Minnesota with a population of 19,323 residents according to the latest US Census Bureau American Community Survey data. The median household income is $109,297 per year, which is 45% above the national median of $75,149. The median age of 42.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Stillwater features a median home value of $398,100, which is 63% above the national median of $244,900. This places Stillwater in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,408, 21% above the national average of $1,163/month. Of the 8,446 total housing units, 76% are owner-occupied (5,984 units) and 24% are renter-occupied (1,937 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Stillwater shows an unemployment rate of 2.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Stillwater have an average one-way commute time of 20.6 minutes.
Education & Demographics
50.9% of Stillwater 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 4.2% White, 1.4% Hispanic or Latino, 0.1% Black or African American, and 2.8% Asian residents, with 5.3% of the population being foreign-born.
Cost of Living in Stillwater, MN
Compared to national averages, Stillwater has a median household income of $109,297 (45% above the national median of $75,149). Home values average $398,100, which is 63% above the national median. Monthly rent at $1,408 is 21% above the US average of $1,163. Within Minnesota, Stillwater's income is 47% above the state average of $74,221, and home values are 95% above the state median of $204,472.
Why Live in Stillwater, MN?
Stillwater offers a strong local economy with a median household income of $109,297, well above the national average, and a strong job market with an unemployment rate of just 2.9%, and a well-educated community where 50.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.7%, better than the national average, and short commute times averaging just 20.6 minutes.
Potential considerations include a competitive housing market where the typical home costs $398,100. However, Stillwater’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Stillwater has a population of 19,323 with a median age of 42.5 years. Compare Stillwater with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Stillwater
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| St. Michael | 19,267 | $130,814 | $365,800 | Compare |
| Sartell | 19,620 | $77,465 | $278,000 | Compare |
| Hopkins | 18,696 | $71,170 | $350,100 | Compare |
| Albert Lea | 18,379 | $62,522 | $150,400 | Compare |
| South St. Paul | 20,633 | $84,472 | $266,800 | Compare |
| Forest Lake | 20,678 | $89,879 | $375,900 | Compare |
| Northfield | 20,678 | $92,000 | $305,300 | Compare |
| Anoka | 17,941 | $75,262 | $292,900 | 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 Stillwater With Other Cities
Frequently Asked Questions about Stillwater
What is the population of Stillwater, MN?
The population of Stillwater, MN is 19,323 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 Stillwater?
The median household income in Stillwater, MN is $109,297 per year, which is 45% above the national median of $75,149.
What is the median home value in Stillwater?
The median home value in Stillwater, MN is $398,100, which is 63% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Stillwater?
The median monthly rent in Stillwater, MN is $1,408, which is 21% above the national average of $1,163/month.
What is the unemployment rate in Stillwater?
The unemployment rate in Stillwater, MN is 2.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Stillwater, MN a good place to live?
Stillwater offers above-average incomes, a competitive housing market, and a strong job market. With a population of 19,323 and a median age of 42.5, the city appeals to a broad range of residents.
How educated is Stillwater, MN?
50.9% of residents in Stillwater 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 Stillwater?
Key cost-of-living indicators for Stillwater, MN: median home value is $398,100 (63% above national), median rent is $1,408/month, and median household income is $109,297. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Stillwater?
The poverty rate in Stillwater, MN is 7.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Stillwater, MN?
Stillwater's population is 4.2% White, 1.4% Hispanic or Latino, 0.1% Black or African American, 2.8% Asian, and 1.5% two or more races. 5.3% of residents are foreign-born.