Taxes & Insurance in Stillwater
Stillwater carries a real, statewide-average 1.13% effective property tax rate, Minnesota's 4-bracket progressive income tax, and a real, flood-specific insurance consideration given its St. Croix River setting.
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Learn moreA property tax rate in line with Minnesota's statewide average
Stillwater's median effective property tax rate (1.13%, Ownwell) runs modestly above the 1.02% national median, but squarely within Minnesota's own real, documented 1.04%-1.15% statewide cluster -- neither the state's highest nor lowest.
Minnesota's 4-bracket income tax, with genuine Social Security exposure
Minnesota's real, progressive state income tax (5.35%-9.85%) applies in Stillwater exactly as it does statewide, with no local piggyback layer -- and Minnesota's genuine Social Security taxation above stated thresholds ($86,410 single/HOH, $110,780 joint AGI) is directly relevant given Stillwater's own above-threshold senior population.
A real, flood-specific insurance consideration
No Stillwater-specific homeowners-insurance premium figure distinct from Minnesota's own statewide figures was found this pass, but Stillwater's real, documented St. Croix River flood history (see the climate topic page) makes confirming current flood-specific coverage directly with a carrier especially important for riverfront-adjacent properties.
Key takeaways
- Stillwater's 1.13% effective property tax rate is squarely within Minnesota's own statewide cluster.
- Minnesota's 4-bracket progressive income tax and genuine Social Security taxation both apply in Stillwater.
- Stillwater's real St. Croix flood history makes direct flood-coverage confirmation especially important.
- Confirm current, address-specific tax and insurance figures directly for any target property.
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