Living in St. Peter, Minnesota
Cost of living, income, home prices, rent and demographics of St. Peter · Census data 2020–2024
St. Peter has 12,185 residents with a median age of 35.6. The median household income is $65,122 (27% lower than the Minnesota median), the median home value is $250,700, the median rent is $961/month.
St. Peter at a glance
- Population
- 12,185
- Median age
- 35.6State: 38.8
- Median household income
- $65,122State: $89,062
- Median home value
- $250,700State: $329,300
- Median rent
- $961/moState: $1,280
- Homeowners
- 64.9%
- Bachelor's degree or higher
- 34.5%
- Average commute
- 15 min
Is St. Peter a good place to live?
Pros: Home values 24% lower than the state median; an average commute of 15 minutes; unemployment of 2%.
Cons: Median household income 27% lower than the Minnesota median; a poverty rate of 16.8%.
The weather is best in June to September.
Cost of living in St. Peter
Housing is the biggest part of the cost of living. In St. Peter the median home value is $250,700, 25% lower than the U.S. median. Renters pay a median of $961 per month, which is 33.1% of household income. Homeowners with a mortgage pay $1,593 a month in housing costs.
St. Peter median household income
The median household income in St. Peter is $65,122 and the income per person is $30,810. 16.8% of residents live below the poverty line (Minnesota: 9.3%).
Housing in St. Peter: homes for sale and rent
- Housing units
- 4,249
- Owner-occupied
- 64.9%
- Renter-occupied
- 35.1%
- Vacant
- 4.5%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.25
St. Peter demographics
- Population
- 12,185
- Median age
- 35.6
- Under 18
- 17.2%
- 65 and older
- 16.7%
- Households
- 4,059
- Foreign-born
- 6.2%
- Veterans
- 4.5%Adults 18+
Hispanic or Latino can be of any race. Population history of St. Peter ›
Education in St. Peter
34.5% of adults 25 and older in St. Peter have a bachelor's degree or higher (Minnesota: 39.4%), and 14.7% have a graduate or professional degree.
Jobs and commute in St. Peter
- Unemployment rate
- 2%State: 4.1%
- Average commute
- 15 minState: 23 min
- Work from home
- 19.3%
- Drive alone
- 56%
- Public transit
- 0.6%
- Walk to work
- 13.4%
- Homes with broadband
- 84.2%
St. Peter vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| St. Peter | 12,185 | $65,122 | $250,700 | $961 |
| Kasota | 554 | $66,625 | $190,800 | $692 |
| Cleveland | 563 | $85,750 | $212,800 | $817 |
| Le Sueur | 4,215 | $78,711 | $244,000 | $880 |
| North Mankato | 14,211 | $80,791 | $262,100 | $973 |
| Mankato | 45,473 | $66,873 | $261,700 | $1,132 |
| Madison Lake | 1,322 | $87,727 | $303,100 | $596 |
| Nicollet | 957 | $84,643 | $239,700 | $855 |
| Eagle Lake | 3,281 | $96,964 | $276,500 | $1,403 |
More for people moving to St. Peter
St. Peter ZIP code ›Weather and climate ›Living in St. Peter: FAQ
What is the median household income in St. Peter, MN?
The median household income in St. Peter is $65,122, 27% lower than 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 St. Peter?
The median home value in St. Peter is $250,700, compared with $329,300 in Minnesota.
How much is rent in St. Peter?
The median gross rent in St. Peter is $961 per month, about 33.1% of household income.
Is St. Peter, MN a good place to live?
Pluses: home values 24% lower than the state median; an average commute of 15 minutes; unemployment of 2%. Minuses: median household income 27% lower than the Minnesota median; a poverty rate of 16.8%.
What is the median age in St. Peter?
The median age in St. Peter is 35.6 years (Minnesota: 38.8).
How long is the commute in St. Peter?
The average commute to work in St. Peter is 15 minutes; 19.3% of workers work from home.
What is the unemployment rate in St. Peter?
The unemployment rate in St. Peter is 2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is St. Peter?
34.5% of adults in St. Peter 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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