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

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.
Population
9787
Unemployment
4.1%
13% NAT AVG.
Poverty
2.8%
80% NAT AVG.
Overall Score
6
Median Home Cost
$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%