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

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Victoria, Minnesota

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

Victoria is a city in Carver County, Minnesota, United States. The population was 10,546 at the 2020 census.

DEMOGRAPHICS

Population
9787
Unemployment
4.1%
13% NAT AVG.
Poverty
2.8%
80% NAT AVG.
Cost Of Living
128
28% NAT AVG.

ECONOMICS

Median Home Cost
$460200
100% NAT AVG.
Median Income
$166477
147% NAT AVG.
Median Rent
$1228
6% NAT AVG.
Overall Score
6

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 36
Unemployed People
1 in 24
People Earning < $10,000
1 in 40
People Earning < $50,000
12%
People With Any Degree
1 in 1.3

ETHNICITY

Ethnicity Victoria USA
White 91.3% 60.1%
African American 0.1% 12.2%
American Indian 0% 0.6%
Asian 4.1% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.1% 2.8%
Hispanic 2% 18.2%
Other 0.5% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Victoria USA
Less than $10,000 2.5% 5.8%
$10,000 to $14,999 0.3% 4.1%
$15,000 to $24,999 1.9% 8.5%
$25,000 to $34,999 1.3% 8.6%
$35,000 to $49,999 6% 12.0%
$50,000 to $74,999 7.4% 17.2%
$75,000 to $99,999 6.5% 12.8%
$100,000 to $149,999 17.6% 15.6%
$150,000 to $199,999 15.9% 7.1%

EDUCATION

Education Victoria USA
< 9th Grade 2% 5.0%
9-12th Grade 1% 7.0%
High School or GED 8% 27.0%
Other College 14% 20.0%
Associate's Degree 8% 9%
Bachelor's Degree 44% 20.0%
Master's Degree 19% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 2% 1.0%
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. The unemployment rate of Victoria remained 4.1%, which is 13% lower than national rate.

Cost of living in Victoria is 128, which is 28% higher than national average. In Victoria, only 67% of adults have a bachelor's degree and 22% have some college but no degree. 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.
Victoria Scorecard

Jobs85%

Housing90%

Affordability85%

Safety80%

Amenities80%

Diversity50%

Education95%

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