Is North Branch, Minnesota a Good Place To Live? - Living In North Branch, MN

Is North Branch, Minnesota a good place to live?
North Branch is a city in Minnesota state in USA with a population of 10585 residents.. The poverty rate of North Branch is 9.2%, which is 34% lower than national average. The typical household in North Branch earns $85213 a year, compared to the national median of $67,500. Nearly 29.2% 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 North Branch, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of North Branch remained 3.3%, which is 30% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In North Branch, only 21% of adults have a bachelor's degree and 36% have some college but no degree.

Cost of living in North Branch is 99, which is 1% lower than national average. Median home value in North Branch is $212400 , which is 8% lower than national average. While median income in North Branch remained $85213, which is 26% higher than national average.
Population
10585
Unemployment
3.3%
30% NAT AVG.
Poverty
9.2%
34% NAT AVG.
Overall Score
8.5
Median Home Cost
$212400
8% NAT AVG.
Median Income
$85213
26% NAT AVG.
Median Rent
$898
23% NAT AVG.
Cost Of Living
99
1% NAT AVG.
People Living BPL
1 in 11
Unemployed People
1 in 30
People Earning < $10,000
1 in 34
People Earning < $50,000
29.2%
People with <= High School
1 in 2.3
People With Any Degree
1 in 2.9
Pros & Cons Overview

Jobs85%

Housing80%

Affordability85%

Safety60%

Amenities60%

Diversity40%

Education80%

Commute40%