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

Is North Mankato, Minnesota a good place to live?
North Mankato is a city in Minnesota state in USA with a population of 13903 residents.. The poverty rate of North Mankato is 7.6%, which is 46% lower than national average. The typical household in North Mankato earns $71023 a year, compared to the national median of $67,500. Nearly 35.7% 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 Mankato, only 95% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of North Mankato remained 2.8%, which is 40% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In North Mankato, only 41% of adults have a bachelor's degree and 32% have some college but no degree.

Cost of living in North Mankato is 96, which is 4% lower than national average. Median home value in North Mankato is $207600 , which is 10% lower than national average. While median income in North Mankato remained $71023, which is 5% higher than national average.
Population
13903
Unemployment
2.8%
40% NAT AVG.
Poverty
7.6%
46% NAT AVG.
Overall Score
9
Median Home Cost
$207600
10% NAT AVG.
Median Income
$71023
5% NAT AVG.
Median Rent
$833
28% NAT AVG.
Cost Of Living
96
4% NAT AVG.
People Living BPL
1 in 13
Unemployed People
1 in 36
People Earning < $10,000
1 in 53
People Earning < $50,000
35.7%
People with <= High School
1 in 3.7
People With Any Degree
1 in 1.9
Pros & Cons Overview

Jobs85%

Housing80%

Affordability85%

Safety80%

Amenities85%

Diversity60%

Education85%

Commute90%