Is Minden, Louisiana a Good Place To Live? - Living In Minden, LA

Is Minden, Louisiana a good place to live?
Minden is a city in Louisiana state in USA with a population of 12035 residents.. The poverty rate of Minden is 32.1%, which is 129% higher than national average. The typical household in Minden earns $26653 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 73% 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 Minden, only 86% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Minden remained 3.5%, which is 26% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Minden, only 19% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Minden is 85, which is 15% lower than national average. Median home value in Minden is $112300 , which is 51% lower than national average. While median income in Minden remained $26653, which is 61% lower than national average.
Population
12035
Unemployment
3.5%
26% NAT AVG.
Poverty
32.1%
129% NAT AVG.
Overall Score
4
Median Home Cost
$112300
51% NAT AVG.
Median Income
$26653
61% NAT AVG.
Median Rent
$774
33% NAT AVG.
Cost Of Living
85
15% NAT AVG.
People Living BPL
1 in 3
Unemployed People
1 in 29
People Earning < $10,000
1 in 8
People Earning < $50,000
73%
People with <= High School
1 in 1.9
People With Any Degree
1 in 3.8
Pros & Cons Overview

Jobs60%

Housing60%

Affordability40%

Safety40%

Amenities80%

Diversity90%

Education60%

Commute80%