Living in Clearwater, Minnesota

Cost of living, income, home prices, rent and demographics of Clearwater · Census data 2020–2024

Clearwater has 1,970 residents with a median age of 31.1. The median household income is $91,346 (about the same as the Minnesota median), the median home value is $271,800, the median rent is $1,091/month.

Clearwater at a glance

Population
1,970
Median age
31.1State: 38.8
Median household income
$91,346State: $89,062
Median home value
$271,800State: $329,300
Median rent
$1,091/moState: $1,280
Homeowners
61.9%
Bachelor's degree or higher
25.3%
Average commute
31 min

Is Clearwater a good place to live?

Pros: Median household income about the same as the Minnesota median; home values 17% lower than the state median; unemployment of 2.1%; a poverty rate of 6.5%.

Cons: An average commute of 31 minutes.

The weather is best in June to September.

Cost of living in Clearwater

Housing is the biggest part of the cost of living. In Clearwater the median home value is $271,800, 18% lower than the U.S. median. Renters pay a median of $1,091 per month, which is 24.1% of household income. Homeowners with a mortgage pay $1,835 a month in housing costs.

Median home value

Clearwater$271,800
Minnesota$329,300
United States$332,700

Median monthly rent

Clearwater$1,091
Minnesota$1,280
United States$1,413

Clearwater median household income

The median household income in Clearwater is $91,346 and the income per person is $39,281. 6.5% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Clearwater$91,346
Minnesota$89,062
United States$80,734

Housing in Clearwater: homes for sale and rent

Housing units
784
Owner-occupied
61.9%
Renter-occupied
38.1%
Vacant
0%Includes seasonal homes
Median year built
2002
Average household size
2.51

Clearwater demographics

Population
1,970
Median age
31.1
Under 18
28.5%
65 and older
12.2%
Households
784
Foreign-born
1.7%
Veterans
9.5%Adults 18+

Race and ethnicity

White93%
Hispanic or Latino0.2%
Black0%
Asian1%

Hispanic or Latino can be of any race. Population history of Clearwater ›

Education in Clearwater

25.3% of adults 25 and older in Clearwater have a bachelor's degree or higher (Minnesota: 39.4%), and 4.8% have a graduate or professional degree.

Bachelor's degree or higher

Clearwater25.3%
Minnesota39.4%
United States35.7%

Jobs and commute in Clearwater

Unemployment rate
2.1%State: 4.1%
Average commute
31 minState: 23 min
Work from home
6.3%
Drive alone
85.1%
Public transit
0%
Walk to work
4%
Homes with broadband
90.4%

Clearwater vs nearby towns

TownPopulationMedian incomeHome valueRent
Clearwater1,970$91,346$271,800$1,091
Clear Lake579$105,625$281,300$919
Silver Creek167$51,042$418,800—
St. Augusta3,625$140,227$388,400—
Becker5,034$86,094$271,300$889
Fairhaven255$89,659$255,600—
St. Cloud70,629$61,374$225,000$1,003
Annandale3,399$65,583$251,800$971
South Haven214$106,250$194,600—

More for people moving to Clearwater

Clearwater ZIP code ›Weather and climate ›

Living in Clearwater: FAQ

What is the median household income in Clearwater, MN?

The median household income in Clearwater is $91,346, about the same as the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Clearwater?

The median home value in Clearwater is $271,800, compared with $329,300 in Minnesota.

How much is rent in Clearwater?

The median gross rent in Clearwater is $1,091 per month, about 24.1% of household income.

Is Clearwater, MN a good place to live?

Pluses: median household income about the same as the Minnesota median; home values 17% lower than the state median; unemployment of 2.1%; a poverty rate of 6.5%. Minuses: an average commute of 31 minutes.

What is the median age in Clearwater?

The median age in Clearwater is 31.1 years (Minnesota: 38.8).

How long is the commute in Clearwater?

The average commute to work in Clearwater is 31 minutes; 6.3% of workers work from home.

What is the unemployment rate in Clearwater?

The unemployment rate in Clearwater is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Clearwater?

25.3% of adults in Clearwater have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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