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Owatonna, MN

Full City Profile · Minnesota · Steele County County

3.5 /5.0
B+ Good
26,462 Population 1,744/sq mi density
$81,276 Median Income $41,718 per capita
$234,600 Home Value $289,821 Zillow
$1,010 Median Rent 34.7% income on rent
45°F Avg Temperature 270 sunny days/yr
105 Violent Crime/100K 1,563 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$81,276 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$234,600 home value, $1,010/mo rent
F
Safety
1.0 / 5.0
105 violent crimes/100K
B+
Education
3.6 / 5.0
32.3% bachelor's degree or higher

Income Overview

Median Household Income
$81,276
8% above
US avg: $75,149
Per Capita Income
$41,718
7% above
US avg: $39,052
Unemployment Rate
2.1%
42% below
US avg: 3.6%
Poverty Rate
4.4%
65% below
US avg: 12.4%

Income Comparison: Owatonna vs. U.S. Average

Each bar shows Owatonna’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$81,276
108%
Per Capita
US: $39,052
$41,718
107%
IRS Avg AGI
US: $72,000
$71,956
100%
Avg Weekly Wage
US: $1,432
$1,190
83%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,190
17% below US avg ($1,432)
Mean Commute Time
18 min
36% below US avg (28 min)
Work From Home
8.4%
45% below US avg (15.2%)
Drive Alone
80.7%
10% above US avg (73.2%)
Public Transit
1.4%
72% below US avg (5.0%)
County GDP
$2,874M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 80.7%
Public Transit 1.4%
Work From Home 8.4%
Other 9.5%
Average commute time
18 minutes
US avg: 28 min

Business Landscape

Total Establishments
1,130
Restaurants
79
Healthcare
124
Retail
146
Manufacturing
60

Tax & Financial

IRS Avg Adjusted Gross Income
$71,956
0% below US avg ($72,000)
Avg Property Tax
$4,510
29% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$81,276
Per Capita Income$41,718
IRS Avg Adjusted Gross Income$71,956
Avg Weekly Wage$1,190
County GDP$2,874M

Hardship Indicators

Unemployment Rate2.1%
Poverty Rate4.4%
Gini Coefficient0.426
Cost of Living Index98.6

Commute

Mean Commute18 minutes
Drive Alone80.7%
Public Transit1.4%
Work From Home8.4%

Businesses

Total Establishments1,130
Restaurants79
Healthcare124
Retail146
Manufacturing60

Tax

IRS Avg AGI$71,956
Avg Property Tax$4,510