Is Fergus Falls, Minnesota a Good Place To Live? - Living In Fergus Falls, MN
Is Fergus Falls, Minnesota a good place to live?
Fergus Falls is a city in Minnesota state in USA with a population of 13754 residents..
The poverty rate of Fergus Falls is 10.7%, which is 24% lower than national average.
The typical household in Fergus Falls earns $42659 a year, compared to the national median of $67,500.
Nearly 55.8% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Fergus Falls, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Fergus Falls remained 4.3%, which is 9% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Fergus Falls, only 25% of adults have a bachelor's degree and 40% have some college but no degree.
Cost of living in Fergus Falls is 90, which is 10% lower than national average. Median home value in Fergus Falls is $142700 , which is 38% lower than national average. While median income in Fergus Falls remained $42659, which is 37% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Fergus Falls, only 89% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Fergus Falls remained 4.3%, which is 9% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Fergus Falls, only 25% of adults have a bachelor's degree and 40% have some college but no degree.
Cost of living in Fergus Falls is 90, which is 10% lower than national average. Median home value in Fergus Falls is $142700 , which is 38% lower than national average. While median income in Fergus Falls remained $42659, which is 37% lower than national average.
Population
13754
Unemployment
4.3%
Poverty
10.7%
Overall Score
6
Median Home Cost
$142700
38%
NAT AVG.
Median Income
$42659
37%
NAT AVG.
Median Rent
$639
45%
NAT AVG.
Cost Of Living
90
10%
NAT AVG.
People Living BPL
1 in 9
Unemployed People
1 in 23
People Earning < $10,000
1 in 12
People Earning < $50,000
55.8%
People with <= High School
1 in 2.9
People With Any Degree
1 in 2.4
Pros & Cons Overview
Jobs60%
Housing50%
Affordability70%
Safety50%
Amenities80%
Diversity50%
Education70%
Commute100%
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