Median Income
$78,295
household / year
Median Home Value
$216,700
owner-occupied
Median Rent
$925
gross / month
Cost of Living
97
national avg = 100

Is Owatonna, MN a Good Place to Live?

Owatonna is a small city of 26,400 in Minnesota, with a median household income of $78,295 and a 3.6% unemployment rate. Its cost of living index is 97 (US average = 100), which is 3% below the national average.

Strengths: Owatonna stands out for an affordable cost of living, below-average home prices, lower-than-average crime, solid school ratings (B), short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Owatonna is right for you depends on your priorities — the full breakdown is below.

All Owatonna city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 96.7

Owatonna's overall cost of living index is 96.7, where 100 represents the US national average. Living in Owatonna costs roughly 3% less than the average American city.

Metric Owatonna, MN National Avg
Median Home Value $216,700 $244,900
Median Monthly Rent $925 $1,163
Homeownership Rate 73.7% 65.9%
Median Household Income $78,295 $74,755

Crime & Safety

Very Safe

Owatonna's violent crime rate is 150.5 per 100,000 residents — 60% lower than the national average of ~380 per 100,000.

Violent Crime
150.5 /100k
Property Crime
820.4 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Owatonna is served primarily by OWATONNA PUBLIC SCHOOL DISTRICT. The student-to-teacher ratio is 14.3:1 (better than the national average of ~16:1).

Metric Owatonna, MN National Avg
School District OWATONNA PUBLIC SCHOOL DISTRICT
Elementary Schools 5
Middle Schools 3
High Schools 5
Student/Teacher Ratio 14.3:1 16:1
Bachelor's Degree or Higher 30.8% 35.4%
High School Diploma or Higher 93.4% 91.1%

Weather & Climate

Owatonna sees average highs of 22.2°F in January and 81.7°F in July, with 35.5 inches of annual precipitation and 44.2 inches of snow per year.

MetricOwatonna, MN
Average High — January22.2°F
Average High — July81.7°F
Annual Precipitation35.5"
Annual Snowfall44.2"

Demographics

MetricOwatonna, MNNational Avg
Population26,400
Median Age40.038.9
Unemployment Rate3.6%3.7%
Avg Commute Time16.6 min26 min
White (non-Hispanic)87.2%59.3%
Black or African American4.4%13.6%
Hispanic or Latino5.1%18.9%
Asian0.3%6.3%
Under 1824.3%22.2%
65 and over18.5%16.8%

Nearby Cities

ZIP Codes in Owatonna

Owatonna, MN is covered by 1 ZIP code:

Owatonna vs Other Cities

Frequently Asked Questions

Owatonna's cost of living index is 97, where 100 is the national average. That makes Owatonna roughly 3% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $216,700 and median rent is $925/month.
Owatonna's violent crime rate is 150.5 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 820.4 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Owatonna are operated by OWATONNA PUBLIC SCHOOL DISTRICT. The district has 5 elementary, 3 middle, and 5 high schools. The student-to-teacher ratio is 14.3:1. 30.8% of adults 25+ hold a bachelor's degree or higher.
Owatonna, MN has a population of 26,400, a median household income of $78,295, and an unemployment rate of 3.6%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Owatonna averages 22.2°F in January and 81.7°F in July. Annual rainfall is 35.5 inches with about 44.2 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Owatonna, MN is covered by 1 ZIP code: 55060.
The population of Owatonna, Minnesota is 26,400 with a median age of 40.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Owatonna: cost of living index 97 (100 = US average), median home $216,700, median household income $78,295, crime index 39 (100 = US average, lower is safer), schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Owatonna side by side with your current city to see the trade-offs.