Victoria, Minnesota
Moving to or Living in Victoria Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Victoria, Minnesota
Moving to Victoria In Minnesota ? Find out the best and worst about to live, raise a family or retire in Victoria, the Pros and Cons of Living in Victoria.
Explore the life in Victoria based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Victoria, Minnesota
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
$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%
Cost of Living
Expense | Victoria | Minnesota | National Avg. |
---|---|---|---|
Services | 111 | 106 | 100 |
Groceries | 101 | 102 | 100 |
Health | 101 | 113 | 100 |
Housing | 178 | 101 | 100 |
Transportation | 99 | 102 | 100 |
Utilities | 98 | 98 | 100 |
Cost of Living
Gender
Gender | Victoria | Minnesota | Country |
---|---|---|---|
Female | 48.1% | 50.2% | 50.8% |
Male | 51.9% | 49.8% | 49.2% |
Gender
Household Income
Income | Victoria | Minnesota | Country |
---|---|---|---|
Less than $10,000 | 2.5% | 4.1% | 5.8% |
$10,000 to $14,999 | 0.3% | 3.4% | 4.1% |
$15,000 to $24,999 | 1.9% | 7% | 8.5% |
$25,000 to $34,999 | 1.3% | 7.5% | 8.6% |
$35,000 to $49,999 | 6% | 11.5% | 12.0% |
$50,000 to $74,999 | 7.4% | 17.4% | 17.2% |
$75,000 to $99,999 | 6.5% | 14.1% | 12.8% |
$100,000 to $149,999 | 17.6% | 18.3% | 15.6% |
$150,000 to $199,999 | 15.9% | 8.2% | 7.1% |
$200,000 or more | 40.6% | 8.5% | 8.3% |
Education
Education | Victoria | Minnesota | Country |
---|---|---|---|
< 9th Grade | 2% | 3% | 5.0% |
9-12th Grade | 1% | 4% | 7.0% |
High School or GED | 8% | 24% | 27.0% |
Other College | 14% | 21% | 20.0% |
Associate's Degree | 8% | 12% | 9% |
Bachelor's Degree | 44% | 24% | 20.0% |
Master's Degree | 19% | 9% | 9.0% |
Professional Degree | 2% | 2% | 2.0% |
Doctorate Degree | 2% | 1% | 1.0% |
Household Income
Education
Race / Ethnicity
Ethnicity | Victoria | Minnesota | Country |
---|---|---|---|
White | 91.3% | 79% | 60.1% |
African American | 0.1% | 6.3% | 12.2% |
American Indian | 0% | 0.9% | 0.6% |
Asian | 4.1% | 4.9% | 5.6% |
Hawaiian | 0% | 0% | 0.2% |
Other | 0.5% | 0.3% | 0.3% |
Multiracial | 2.1% | 3.1% | 2.8% |
Hispanic | 2% | 5.5% | 18.2% |