Cost to Own
United StatesMinnesotaWashington CountySt. Paul Park Population 5,464 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in St. Paul Park, Minnesota

A $253,000 home here costs

$2,103

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,301. The real number is $803 higher every month — 62% more than the payment most buyers budget for.

St. Paul Park median: $252,800
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $202,400 borrowed $1,301
Property tax1.241% effective rate for St. Paul Park itself $262
Homeowners insuranceMinnesota averages $1,607/yr (NAIC), or 0.521% of home value $110
Electricity16.95¢/kWh — Minnesota residential average, EIA $152
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $211
Total monthly $2,103

St. Paul Park against Washington County and Minnesota

MeasureSt. Paul ParkWashington County
Median home value$252,800$400,900
Median property tax$3,136$4,012
Effective tax rate1.241%1.001%
Median gross rent$2,118$1,637
Population5,464272,298

The weather behind that power bill

St. Paul Park sits in Washington County, which averages a high of 79.3°F in its hottest month and a low of 5.0°F in its coldest, with 33.2" of precipitation a year and 41% of it in a single three-month stretch. That climate drives 511 cooling and 8,007 heating degree days, which is what sets the $152 electricity line above.

See the full climate breakdown for Washington County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Washington County

Full Washington County cost breakdown · Every county in Minnesota

Common questions

How much does it cost to own a home in St. Paul Park?

A $253,000 home in St. Paul Park, Minnesota costs approximately $2,103 per month with 20% down at 6.66%. That is $1,301 principal and interest, $262 property tax, $110 homeowners insurance, $220 utilities and $211 set aside for maintenance.

What is the property tax rate in St. Paul Park?

St. Paul Park has an effective property tax rate of 1.241%, based on a median home value of $252,800 and median real estate taxes of $3,136. That is higher than the Washington County average of 1.001%.

What is the average home price in St. Paul Park?

The median owner-occupied home value in St. Paul Park, Minnesota is $252,800, against $400,900 across Washington County.

Is it cheaper to rent or buy in St. Paul Park?

Median gross rent in St. Paul Park is $2,118 a month, against $2,103 to own the median home all in. Owning costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for St. Paul Park — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for Minnesota.
  • Electricity price — EIA Electric Power Monthly Table 5.6.A.
  • Mortgage rate — Freddie Mac PMMS, refreshed weekly.
  • Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.

Full methodology