Stillwater, Minnesota is a city of approximately 20,000 people situated on the banks of the St. Croix River. It is home to numerous local businesses, such as Stillwater Motor Company, which specializes in auto sales and repairs; Northstar Embroidery & Screen Printing, an apparel company; Grand Oak Realty for real estate services; and Wellington’s Restaurant & Pub for fine dining. Attractions and amenities in the area include the Stillwater Lift Bridge, Brown’s Creek State Trail for biking or walking around town; Lowell Park Beach located on the St. Croix River; and Valley View Health Center providing medical services for residents of Stillwater. The rent for a two-bedroom apartment in Stillwater is $1,390 compared to $1,430 in other parts of the United States. Additionally, grocery costs are slightly higher than national averages with an index of 104 versus 100 respectively.
Stillwater (zip 55082) has an unemployment rate of 3.9%. The US average is 6.0%.
Stillwater (zip 55082) has seen the job market decrease by -3.7% 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 (zip 55082)
- The Sales Tax Rate for Stillwater (zip 55082) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Stillwater (zip 55082) 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 (zip 55082)
- The average income of a Stillwater (zip 55082) resident is $54,579 a year. The US average is $37,638 a year.
- The Median household income of a Stillwater (zip 55082) resident is $105,207 a year. The US average is $69,021 a year.