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

Is Owatonna, Minnesota a good place to live?
Owatonna is a city in Minnesota state in USA with a population of 25716 residents.. The poverty rate of Owatonna is 7.8%, which is 44% lower than national average. The typical household in Owatonna earns $66037 a year, compared to the national median of $67,500. Nearly 39.2% 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 Owatonna, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Owatonna remained 3.7%, which is 21% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Owatonna, only 30% of adults have a bachelor's degree and 34% have some college but no degree.

Cost of living in Owatonna is 92, which is 8% lower than national average. Median home value in Owatonna is $171400 , which is 25% lower than national average. While median income in Owatonna remained $66037, which is 2% lower than national average.
Population
25716
Unemployment
3.7%
21% NAT AVG.
Poverty
7.8%
44% NAT AVG.
Overall Score
8.5
Median Home Cost
$171400
25% NAT AVG.
Median Income
$66037
2% NAT AVG.
Median Rent
$811
30% NAT AVG.
Cost Of Living
92
8% NAT AVG.
People Living BPL
1 in 13
Unemployed People
1 in 27
People Earning < $10,000
1 in 19
People Earning < $50,000
39.2%
People with <= High School
1 in 2.8
People With Any Degree
1 in 2.4
Pros & Cons Overview

Jobs80%

Housing70%

Affordability85%

Safety70%

Amenities85%

Diversity60%

Education85%

Commute95%