Article Table Of Contents
Minnesota might not be one of the top ten best states to retire, but that doesn't matter because it has some of the best places in the country to live out your golden years.
There are some places, however, in the Land of 10,000 Lakes that are better than others for retirees and HomeSnacks is here to tell you where the best places to retire in Minnesota for 2020.
In order to determine the best places to retire in Minnesota, we analyzed 83 for every place with over 10,000. We looked at several factors including crime, population of residents in this demographic, affordable housing and rent, and how close said city is to an international airport.
We discovered that most of the North Star State's best places to retire are close to major metropolises like Minneapolis and Rochester. Probably because there's more to do in these bigger cities. And a fun fact, none of the places on our list have more than 70,000 residents; so if small, quaint, cities with lots to do are your retirements, Minnesota's best places top ten will not disappoint.
So, find yourself a diner, order that early bird special, and read on as we uncover the list of the best places to retire in Minnesota.
Picture a cool, idyllic, Minnesota city where the people who live there are hard working, nice individuals. Then, picture a place with fun outdoor activities, affordable housing, and close to an international airport and you will know what it's like to live in Minnesota's best place to retire.
So, where is the best place to retire in Minnesota for 2020? Well, according to the most recent FBI and Census data, that would be New Ulm.
To see Minnesota's other best places to retire, take a look below. And if you don't find your favorite there, head to the bottom.
For more Minnesota state reading:
- Best Places To Live In Minnesota
- Cheapest Places To Live In Minnesota
- Best Places To Raise A Family In Minnesota
- Best Places To Retire In America
The 10 Best Places To Retire In Minnesota For 2020
New Ulm is a city in Brown County, Minnesota, United States. The population was 13,522 at the 2010 census. It is the county seat of Brown County.
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.
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.
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.
Stillwater is a city in Washington County, Minnesota across the St. Croix River from the state of Wisconsin. It is the county seat. The population was 18,225 at the 2010 census. Stillwater is part of the Twin Cities Metro Area.
Fairmont is a city in and the county seat of Martin County, Minnesota, United States. The population was 10,666 at the 2010 census.
Cloquet kloh-KAY) is a city in Carlton County, Minnesota, United States, located at the junction of Interstate 35 and Minnesota State Highway 33. A portion of the city lies within the Fond du Lac Indian Reservation and also serves as one of three administrative centers for the Indian Reservation. The population was 12,124 at the 2010 census.
Inver Grove Heights is a city in Dakota County, Minnesota, United States. The population was 33,880 at the 2010 census.
Owatonna is a city in Steele County, Minnesota, United States. The population was 25,599 at the 2010 census. It is the county seat of Steele County. Owatonna is home to the Steele County Fairgrounds, which hosts the Steele County Free Fair in August.
How We Determined The Best Places To Retire In the North Star State for 2020
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 83 places from across the state.
- 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 83, with the lowest number being the best.
Finally, we took the average rank across these criteria. The place, in this case New Ulm, with the lowest average rank was crowned the best of the best, a place for you to start your second careers. You can download the data here.
Maybe You're Not Ready To Retire In Minnesota Yet...
So there you have it, the best place to retire in Minnesota goes to New Ulm.
If you're not ready to hang up your office apparel yet, then these places might be up your alley:
- St. Cloud
- Brooklyn Center
For more Minnesota reading, check out: