Is Victoria, Minnesota a Good Place To Live? - Living In Victoria, MN
Is Victoria, Minnesota a good place to live?
Victoria is a city in Minnesota state in USA with a population of 9787 residents..
The poverty rate of Victoria is 2.8%, which is 80% lower than national average.
The typical household in Victoria earns $166477 a year, compared to the national median of $67,500.
Nearly 12% 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 Victoria, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Victoria remained 4.1%, which is 13% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Victoria, only 67% of adults have a bachelor's degree and 22% have some college but no degree.
Cost of living in Victoria is 128, which is 28% higher than national average. Median home value in Victoria is $460200 , which is 100% higher than national average. While median income in Victoria remained $166477, which is 147% 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 Victoria, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Victoria remained 4.1%, which is 13% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Victoria, only 67% of adults have a bachelor's degree and 22% have some college but no degree.
Cost of living in Victoria is 128, which is 28% higher than national average. Median home value in Victoria is $460200 , which is 100% higher than national average. While median income in Victoria remained $166477, which is 147% 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
9787
Unemployment
4.1%
Poverty
2.8%
Overall Score
6
Median Home Cost
$460200
100%
NAT AVG.
Median Income
$166477
147%
NAT AVG.
Median Rent
$1228
6%
NAT AVG.
Cost Of Living
128
28%
NAT AVG.
People Living BPL
1 in 36
Unemployed People
1 in 24
People Earning < $10,000
1 in 40
People Earning < $50,000
12%
People with <= High School
1 in 9.1
People With Any Degree
1 in 1.3
Pros & Cons Overview
Jobs85%
Housing90%
Affordability85%
Safety80%
Amenities80%
Diversity50%
Education95%
Commute40%
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