Is St. Louis Park, Minnesota a Good Place To Live? - Living In St. Louis Park, MN

Is St. Louis Park, Minnesota a good place to live?
St. Louis Park is a city in Minnesota state in USA with a population of 48874 residents.. The poverty rate of St. Louis Park is 5.9%, which is 58% lower than national average. The typical household in St. Louis Park earns $84694 a year, compared to the national median of $67,500. Nearly 27.7% 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 St. Louis Park, only 97% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of St. Louis Park remained 2.4%, which is 49% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In St. Louis Park, only 59% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in St. Louis Park is 113, which is 13% higher than national average. Median home value in St. Louis Park is $290500 , which is 26% higher than national average. While median income in St. Louis Park remained $84694, which is 25% 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
48874
Unemployment
2.4%
49% NAT AVG.
Poverty
5.9%
58% NAT AVG.
Overall Score
9
Median Home Cost
$290500
26% NAT AVG.
Median Income
$84694
25% NAT AVG.
Median Rent
$1267
9% NAT AVG.
Cost Of Living
113
13% NAT AVG.
People Living BPL
1 in 17
Unemployed People
1 in 42
People Earning < $10,000
1 in 29
People Earning < $50,000
27.7%
People with <= High School
1 in 6.3
People With Any Degree
1 in 1.5
Pros & Cons Overview

Jobs90%

Housing85%

Affordability70%

Safety60%

Amenities95%

Diversity80%

Education95%

Commute85%