Pros and Cons of Living In Austin, Minnesota. Is Austin, MN a Nice Place To Live or Retire?

Austin, Minnesota

Moving to Austin In Minnesota ? Is Austin, MN a Nice Place To Live? Pros and Cons of Living in Austin, Minnesota. Find out the best and worst about to live, raise a family or retire in Austin.

Austin is a city in and the county seat of Mower County, Minnesota, United States. The population was 26,174 at the 2020 census. The town was originally settled along the Cedar River and has two artificial lakes, East Side Lake and Mill Pond. It was named for Austin R. Nichols, the area's first European settler.

Hormel Foods Corporation is Austin's largest employer, and the city is sometimes called "SPAM Town USA". Austin is home to Hormel's corporate headquarters, a factory that makes most of North America's SPAM tinned meat, and the Spam Museum. Austin is also home to the Hormel Institute, a leading cancer research institution operated by the University of Minnesota with significant support from the Mayo Clinic.

DEMOGRAPHICS

Population
25180
Unemployment
3.6%
23% NAT AVG.
Poverty
16.3%
16% NAT AVG.
Cost Of Living
84
16% NAT AVG.

ECONOMICS

Median Home Cost
$114100
50% NAT AVG.
Median Income
$48730
28% NAT AVG.
Median Rent
$815
30% NAT AVG.
Overall Score
6

CRIME REPORT

Total Crime
472
20% NAT. AVG.
22% STATE AVG.
Violent Crime
70
29% NAT. AVG.
0% STATE AVG.
Property Crime
402
19% NAT. AVG.
25% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 6
Unemployed People
1 in 28
People Earning < $10,000
1 in 22
People Earning < $50,000
51.2%
People With Any Degree
1 in 2.9

ETHNICITY

Ethnicity Austin USA
White 68.7% 60.1%
African American 5.6% 12.2%
American Indian 0.2% 0.6%
Asian 6.7% 5.6%
Hawaiian 0.2% 0.2%
Multiracial 1.7% 2.8%
Hispanic 16.8% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Austin USA
Less than $10,000 4.5% 5.8%
$10,000 to $14,999 6.2% 4.1%
$15,000 to $24,999 13.5% 8.5%
$25,000 to $34,999 11.6% 8.6%
$35,000 to $49,999 15.4% 12.0%
$50,000 to $74,999 16.9% 17.2%
$75,000 to $99,999 14.1% 12.8%
$100,000 to $149,999 11.2% 15.6%
$150,000 to $199,999 3.9% 7.1%

EDUCATION

Education Austin USA
< 9th Grade 6% 5.0%
9-12th Grade 8% 7.0%
High School or GED 32% 27.0%
Other College 20% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 15% 20.0%
Master's Degree 6% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 1% 1.0%
Austin is a city in Minnesota state in USA with a population of 25180 residents.. The poverty rate of Austin is 16.3%, which is 16% higher than national average. The typical household in Austin earns $48730 a year, compared to the national median of $67,500. Nearly 51.2% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Austin remained 3.6%, which is 23% lower than national rate.

Cost of living in Austin is 84, which is 16% lower than national average. In Austin, only 24% of adults have a bachelor's degree and 30% have some college but no degree. Median home value in Austin is $114100 , which is 50% lower than national average. While median income in Austin remained $48730, which is 28% lower than national average.
Austin Scorecard

Jobs70%

Housing60%

Affordability80%

Safety60%

Amenities90%

Diversity85%

Education60%

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