Is Northfield, Minnesota a Good Place To Live? - Living In Northfield, MN

Is Northfield, Minnesota a good place to live?
Northfield is a city in Minnesota state in USA with a population of 20399 residents.. The poverty rate of Northfield is 9.9%, which is 29% lower than national average. The typical household in Northfield earns $69407 a year, compared to the national median of $67,500. Nearly 35.8% 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 Northfield, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Northfield remained 5.4%, which is 15% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Northfield, only 46% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Northfield is 105, which is 5% higher than national average. Median home value in Northfield is $240500 , which is 5% higher than national average. While median income in Northfield remained $69407, which is 3% 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
20399
Unemployment
5.4%
15% NAT AVG.
Poverty
9.9%
29% NAT AVG.
Overall Score
9
Median Home Cost
$240500
5% NAT AVG.
Median Income
$69407
3% NAT AVG.
Median Rent
$812
30% NAT AVG.
Cost Of Living
105
5% NAT AVG.
People Living BPL
1 in 10
Unemployed People
1 in 19
People Earning < $10,000
1 in 14
People Earning < $50,000
35.8%
People with <= High School
1 in 4
People With Any Degree
1 in 1.8
Pros & Cons Overview

Jobs80%

Housing80%

Affordability80%

Safety85%

Amenities90%

Diversity80%

Education90%

Commute80%