Stillwater, MN is a charming city located in the greater Minneapolis area. It has an abundance of local businesses such as Blush Boutique, Old World Pizza, and Stillwater Spirits. There is plenty to do in this quaint town! Popular attractions include hiking on the Brown's Creek Trail or visiting the Minnesota Marine Art Museum. The cost of living in Stillwater is slightly lower than the US average; for example, rent for a two-bedroom apartment averages about $1,400 compared to the national 2 bedroom rent of $1,430. The Grocery Cost Index in Stillwater is 104 versus 100 in the US. All these features make Stillwater an ideal place to live and visit.
Stillwater has an unemployment rate of 3.9%. The US average is 6.0%.
Stillwater has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 36.4%, which is higher than the US average of 33.5%.
Tax Rates for Stillwater
- The Sales Tax Rate for Stillwater is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Stillwater is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Stillwater
- The average income of a Stillwater resident is $36,462 a year. The US average is $28,555 a year.
- The Median household income of a Stillwater resident is $98,033 a year. The US average is $69,021 a year.