Is Hugo, Minnesota a Good Place To Live? - Living In Hugo, MN
Is Hugo, Minnesota a good place to live?
Hugo is a city in Minnesota state in USA with a population of 15008 residents..
The poverty rate of Hugo is 2.6%, which is 81% lower than national average.
The typical household in Hugo earns $92032 a year, compared to the national median of $67,500.
Nearly 18.4% 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 Hugo, only 99% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Hugo remained 2.3%, which is 51% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Hugo, only 37% of adults have a bachelor's degree and 36% have some college but no degree.
Cost of living in Hugo is 112, which is 12% higher than national average. Median home value in Hugo is $262300 , which is 14% higher than national average. While median income in Hugo remained $92032, which is 36% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
A high school education is a basic prerequisite for most jobs, and in Hugo, only 99% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Hugo remained 2.3%, which is 51% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Hugo, only 37% of adults have a bachelor's degree and 36% have some college but no degree.
Cost of living in Hugo is 112, which is 12% higher than national average. Median home value in Hugo is $262300 , which is 14% higher than national average. While median income in Hugo remained $92032, which is 36% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Population
15008
Unemployment
2.3%
Poverty
2.6%
Overall Score
6
Median Home Cost
$262300
14%
NAT AVG.
Median Income
$92032
36%
NAT AVG.
Median Rent
$1464
26%
NAT AVG.
Cost Of Living
112
12%
NAT AVG.
People Living BPL
1 in 38
Unemployed People
1 in 43
People Earning < $10,000
1 in 100
People Earning < $50,000
18.4%
People with <= High School
1 in 3.7
People With Any Degree
1 in 2.1
Pros & Cons Overview
Jobs90%
Housing85%
Affordability80%
Safety70%
Amenities70%
Diversity50%
Education90%
Commute60%
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