10 Best Places To Retire In Minnesota For 2019


We analyzed over 80 places in Minnesota to identify the ones that offer the most to retirees.

Editor’s Note: Data has been updated for 2019. This is our fourth time ranking the best places to retire in Minnesota.

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When most people think of calling it quits on a career, they immediately think of a move to Florida.

But not not everyone wants to spend their golden years in Florida; some of us want to stay close to friends and family and within the great state of Minnesota.

Where exactly in Minnesota is the best place to retire? Well, there’s only one place to go for the answer — data — which returns Hibbing as the best place to hang up your cleats.

To that end, we have tried to identify the places in Minnesota that are safe, affordable, and have plenty of things to keep you busy well into retirement.

What did we find after pouring through all the data? Let’s just say we hope folks in Hibbing don’t mind us spreading the word.

Why did Hibbing take the top spot? And where are Minneapolis and St. Paul?

Read on to see see all the golden parachute level details.

For Minnesota state reading:

Hibbing, MN

Source: Public domain
Overall SnackAbility

7
/10

Population: 16,230
Rank Last Year: 8 (Up 7)
Median Rent: $569
Distance to Closest Airport: 52 miles
More on Hibbing: Real Estate | Data | Photos

Hibbing is a city in Saint Louis County, Minnesota, United States. The population was 16,361 at the 2010 census. The city was built on the rich iron ore of the Mesabi Iron Range. At the edge of town is the largest open-pit iron mine in the world, the Hull-Rust-Mahoning Open Pit Iron Mine. U.S. Highway 169, State Highway 37, State Highway 73, Howard Street, and 1st Avenue are five of the main routes in Hibbing. The Range Regional Airport offers daily commercial flights between Hibbing and Minneapolis, as well as hosting many private pilots and the Minnesota Department of Natural Resources fire fighting aircraft.

Grand Rapids, MN

Overall SnackAbility

6
/10

Population: 11,053
Rank Last Year: 28 (Up 26)
Median Rent: $616
Distance to Closest Airport: 68 miles
More on Grand Rapids: Real Estate | Data | Photos

Grand Rapids is a city in Itasca County, Minnesota, United States. The population was 10,869 at the 2010 census. It is the county seat of Itasca County.

Minnetonka, MN

Source: Public domain
Overall SnackAbility

10
/10

Population: 51,651
Rank Last Year: 126 (Up 123)
Median Rent: $1,216
Distance to Closest Airport: 12 miles
More on Minnetonka: Real Estate | Data | Photos

Minnetonka is a suburban city in Hennepin County, Minnesota, United States, eight miles west of Minneapolis. The population was 49,734 at the 2010 census. The name comes from the Dakota Indian mni tanka, meaning “great water”. The city is the home of Cargill, the country’s largest privately owned company, and United Healthcare, the state’s largest publicly owned company.

Fairmont, MN

Overall SnackAbility

6
/10

Population: 10,311
Rank Last Year: 40 (Up 36)
Median Rent: $580
Distance to Closest Airport: 105 miles
More on Fairmont: Real Estate | Data | Photos

Fairmont is a city in and the county seat of Martin County, Minnesota, United States. The population was 10,666 at the 2010 census.

Albert Lea, MN

Overall SnackAbility

8
/10

Population: 17,775
Rank Last Year: 22 (Up 17)
Median Rent: $621
Distance to Closest Airport: 85 miles
More on Albert Lea: Real Estate | Data | Photos

Albert Lea is a city located in Freeborn County, in the southeastern part of the State of Minnesota. It is also the county seat. The population was 18,016 at the 2010 census.

North Mankato, MN

Overall SnackAbility

9.5
/10

Population: 13,451
Rank Last Year: 98 (Up 92)
Median Rent: $801
Distance to Closest Airport: 62 miles
More on North Mankato: Real Estate | Data | Photos

Mendota Heights, MN

Overall SnackAbility

9.5
/10

Population: 11,231
Rank Last Year: 124 (Up 117)
Median Rent: $1,097
Distance to Closest Airport: 4 miles
More on Mendota Heights: Real Estate | Data | Photos

Eagan, MN

Overall SnackAbility

9.5
/10

Population: 65,874
Rank Last Year: 123 (Up 115)
Median Rent: $1,074
Distance to Closest Airport: 5 miles
More on Eagan: Real Estate | Data | Photos

Eagan is a city in Dakota County, Minnesota, United States. The city is south of Saint Paul and lies on the south bank of the Minnesota River, upstream from the confluence with the Mississippi River. Eagan and nearby suburbs form the southern portion of Minneapolis-St. Paul. The population of Eagan was 64,206 at the 2010 census and currently ranks as Minnesota’s 11th largest city. Currently the eleventh largest Minnesota city and the sixth largest suburb in the metro area, Eagan is predominantly a commuter town of both Minneapolis and Saint Paul.

Rosemount, MN

Overall SnackAbility

9.5
/10

Population: 23,099
Rank Last Year: 114 (Up 105)
Median Rent: $1,137
Distance to Closest Airport: 11 miles
More on Rosemount: Real Estate | Data | Photos

Red Wing, MN

Overall SnackAbility

7
/10

Population: 16,484
Rank Last Year: 13 (Up 3)
Median Rent: $754
Distance to Closest Airport: 36 miles
More on Red Wing: Real Estate | Data | Photos

Red Wing is a city in Goodhue County, Minnesota, United States, along the upper Mississippi River. The population was 16,459 at the 2010 census. It is the county seat of Goodhue County.

How We Determined The Best Places To Retire In the North Star State for 2019

To create our list of the best places in Minnesota to retire, we first used Census data to find all places in the North Star State — 904 cities and towns.

We then narrowed it down to places with at least 10,000 people that weren’t townships. This left us with 80 places from across the state.

For these 80, we looked at the following criteria taken from the Census, the FBI’s Crime Report, National Weather Service, and OpenFlights:

  • Low cost of living as measured by rent
  • Low crime
  • Things to do (Museums, Colleges, and Libraries in town)
  • Nice weather
  • Distance to the closest international airport
  • Other retirees (High median age)

We then ranked each of these places for each criteria from one to 80, with the lowest number being the best.

Finally, we took the average rank across these criteria. The place, in this case Hibbing, with the lowest average rank was crowned the best of the best, a place for you to start your second careers.

Maybe You’re Not Ready To Retire In Minnesota Yet…

So there you have it, the best place to retire in Minnesota goes to Hibbing.

If you’re not ready to hang up your office apparel yet, then these places might be up your alley:

  1. St. Cloud
  2. Rogers
  3. Brooklyn Center

For more Minnesota reading, check out:

Where Are The Best Places To Retire In Minnesota?

Rank City Population Median Rent
1 Hibbing 16,230 $569
2 Grand Rapids 11,053 $616
3 Minnetonka 51,651 $1,216
4 Fairmont 10,311 $580
5 Albert Lea 17,775 $621
6 North Mankato 13,451 $801
7 Mendota Heights 11,231 $1,097
8 Eagan 65,874 $1,074
9 Rosemount 23,099 $1,137
10 Red Wing 16,484 $754

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.