St. Peter: Economy & Jobs
$65,122 is the median household income in St. Peter (1.2× below Nicollet County median $79,756; 1.4× below Minnesota median $90,958), with homes at a median value of $250,700. The surrounding county supports 14,609 jobs (avg $56,235).
- $79,374 avg taxable income per return — higher than the median household income.
Income & Affordability
Median household income $65,122 — below the Minnesota median ($90,957). Poverty rate 16.8% (U.S. average ~12.5%). 48% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).
| Affordability · Home Price To Income | 3.8× |
|---|---|
| Affordability · Home Affordability | moderate |
| Affordability · Rent Pct Income | 17.4% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 47.5% |
| Affordability · Poverty Rate | 16.8% |
| Affordability · Property Tax Pct Income | 4.5% |
| Irs Income · IRS tax returns filed | $16,700 |
| Irs Income · Total Adjusted Gross Income (thousands) | $1,325,546 |
| Irs Income · Average AGI per return | $79,374 |
| Irs Income · Year | 2022 |
| Income Estimate | $74,116 |
| Median Household Income | $65,122 (vs Minnesota $90,958) |
| Poverty Rate | 16.8% |
Sources: IRS SOI 2022 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Economic Character
Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.
| Economic Character · Workforce | mixed |
|---|---|
| Economic Character · Top Industry | Education Healthcare |
| Economic Character · Income Level | middle-class |
| Economic Character · Median Income | $65,122 |
Employment & Workforce
Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 1.2% — below the U.S. average of ~4%. 19% work from home (U.S. average ~15%).
| Commuter Profile · Mean Commute Min | 15.40 |
|---|---|
| Commuter Profile · Work From Home Pct | 19.3% |
| Commuter Profile · Profile | short commute |
| Employment · Avg annual employment (county) | 14,609 |
| Employment · Total annual wages (county) | $821,539,808 |
| Employment · Average annual pay | $56,235 |
| Employment · Year | 2024 |
| State Occupation Wages · Year | 2023 |
| State Occupation Wages · All Occupations · Soc Code | 00-0000 |
| State Occupation Wages · All Occupations · Title | All Occupations |
| State Occupation Wages · All Occupations · Employment | 2,881,100 |
| Unemployment Rate | 1.2% (vs Minnesota 4.0%) |
Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Industry Sectors
Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.
| Agriculture · Total Farms | 55 |
|---|---|
| Agriculture · Land In Farms Acres | 34,678 |
| Agriculture · Avg Farm Size Acres | 630.50 |
| Agriculture · Top Commodities | Animal Totals, Crop Totals, Grain, Hogs, Corn |
| Agriculture · Year | 2022 |
| Business Patterns · Establishments (employer count) | 694 |
| Business Patterns · Total Employees | 13,607 |
| Business Patterns · Annual Payroll Thousands | 691,837 |
| Business Patterns · Year | 2022 |
Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match
Local Business Mix
Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.
| Local Businesses · Grocery Stores | 4 |
|---|---|
| Local Businesses · Liquor Stores | 3 |
| Local Businesses · Gas Stations | 10 |
| Local Businesses · General Merchandise | 4 |
| Local Businesses · Beauty Salons | 4 |
| Local Businesses · Auto Repair | 15 |
| Local Businesses · Real Estate Offices | 9 |
| Local Businesses · Commercial Banks | 6 |
Sources: Census CBP — NAICS detail codes
Dining Scene
Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.
| Dining Scene · Full Service Restaurants | 15 |
|---|---|
| Dining Scene · Fast Food | 20 |
| Dining Scene · Bars | 4 |
| Dining Scene · Coffee Snacks | 4 |
Sources: Census CBP NAICS 722
Banking
FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.
Branches (1)
SNAP & Food Access
USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.
Sample (3)
| Nearest Snap · Name | Schmidt's Meat Market |
|---|---|
| Nearest Snap · Total In Area | 3 |
Sources: USDA SNAP — county FIPS aggregate
Chamber of Commerce
IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.
| Chamber Of Commerce · Name | ST PETER CHAMBER OF COMMERCE |
|---|
Sources: IRS EO BMF · Refreshed 2026-04-12
Spending & Tax
Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).
| Federal Spending · Federal Spending Fy2024 | $205,124,987 |
|---|---|
| Federal Spending · Per Capita | 5,953.59 |
| Federal Spending · Population | 34,454 people |
Sources: USAspending API
Other
| Pct Drove Alone | 56.0% |
|---|---|
| Pct Public Transit | 13.4% |
| Pct Walked | 19.3% |
| Retirement Score · Median age | 35.6 years (vs Minnesota 39.0y) |
| Retirement Score · Ss Household Pct | 36.9% |
| Retirement Score · Hospitals Nearby | 1 |
| Retirement Score · Va Access | Yes |
| Retirement Score · Factors | strong SS base, hospital access, VA nearby |
| Retirement Score · Rating | good |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12