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Clearwater, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,970
Population
$91,346
Median Income
$271,800
Home Value
31.1
Median Age

Demographics

Clearwater has a population of 1,970 with a median age of 31.1. Here is the racial and ethnic breakdown of the population:

White
93.0%
Other
5.8%
Asian
1.0%
Demographic Value
Total Population1,970
Median Age31.1
White93.0%
Asian1.0%
Hispanic or Latino0.2%
Other / Two or More Races5.8%
Clearwater, Minnesota — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 93.0%Other: 5.8%Other: 1.2%1,970PopulationWhiteWhite93.0%OtherOther5.8%OtherOther1.2%

Income & Economy

The median household income in Clearwater is $91,346, which is 13.3% above the national median of $80,610. The per capita income is $39,281. The poverty rate is 6.5%.

$91,346
Median Household Income
$39,281
Per Capita Income
6.5%
Poverty Rate

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Education

In Clearwater, 96.8% of residents age 25+ have a high school diploma or higher, and 25.3% hold a bachelor's degree or higher (4.8% with a graduate or professional degree).

HS Diploma+
96.8%
Bachelor's+
25.3%
Graduate+
4.8%
Education Level % of Adults (25+)
High School Diploma or Higher96.8%
Bachelor's Degree or Higher25.3%
Graduate or Professional Degree4.8%

Housing

The median home value in Clearwater is $271,800, below the national median of $303,400. The median monthly rent is $1,091. The homeownership rate is 61.9%.

$271,800
Median Home Value
$1,091/mo
Median Rent
61.9%
Homeownership Rate
Housing Metric Value
Median Home Value$271,800
Median Monthly Rent$1,091
Homeownership Rate61.9%

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Frequently Asked Questions

What is the population of Clearwater, Minnesota?
The population of Clearwater, Minnesota is 1,970 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Clearwater, Minnesota?
The median household income in Clearwater, Minnesota is $91,346. This is 13.3% above the national median of $80,610.
What is the median home value in Clearwater, Minnesota?
The median home value in Clearwater, Minnesota is $271,800. The median monthly rent is $1,091.
What percentage of people in Clearwater have a college degree?
In Clearwater, Minnesota, 25.3% of adults age 25 and older hold a bachelor's degree or higher, and 96.8% have a high school diploma or higher.
Is Clearwater, Minnesota an affordable place to live?
The home price-to-income ratio in Clearwater, Minnesota is 3.0x (median home value $271,800 vs. median income $91,346), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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