Cost of Living in Stillwater
Stillwater's cost of living pairs above-average, appreciating home values against a property tax rate squarely in line with Minnesota's own statewide average.
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Learn moreA real, disclosed home-value spread reflecting genuine appreciation
Zillow's current 2026 median value ran $459,500, while an older 2024 City-Data figure ran $414,200 -- a real, disclosed spread consistent with genuine recent appreciation.
A property tax rate in line with Minnesota's statewide average
Stillwater's median effective property tax rate ran 1.13% per Ownwell this pass -- modestly above the 1.02% national median, but squarely within Minnesota's own broader 1.04%-1.15% statewide cluster.
A median household income comfortably above the national median
Stillwater's median household income ($105,853) runs well above the national median, with a low poverty rate of approximately 7.27%.
Minnesota's 4-bracket income tax and Social Security taxation
Minnesota's real, progressive 4-bracket income tax (5.35%-9.85%) applies statewide, with no local piggyback layer -- and Minnesota's real Social Security taxation above stated thresholds is directly relevant given Stillwater's own genuinely older population.
Key takeaways
- Home values carry a real, disclosed spread ($414,200-$459,500) reflecting genuine recent appreciation.
- Effective property tax rate (1.13%) sits squarely within Minnesota's own statewide cluster.
- Median household income ($105,853) runs well above the national median.
- Minnesota's Social Security taxation above stated thresholds is directly relevant given Stillwater's older population.
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