An abundance of amenities, including restaurants, coffee shops, grocery stores and fitness facilities, are conveniently situated within walking distance of the area.
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Austin, Minnesota is a mid-sized city with a population of 25,180 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (79% White). Given that fact, Austin could be considered less diverse than other cities. If you're not a fan of traffic congestion and long commute times to work, Austin is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 16 minutes, significantly lower than the national average of 26 minutes.
Living in Austin can be a great experience for anyone moving to the area. Having said that, in the state of Minnesota, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. To help you find the best places to live in and around Austin, AreaVibes has created a livability score using key metrics like amenities, cost of living, housing and more.
Using data and statistics Austin has received a livability score of 77/100. This score is ranked in the 92nd percentile when compared to all other cities. Pack your bags! This is a very high score in comparison to other US cities. Living in Austin could be a great choice! This city is also ranked in the top 10 percentile of all cities across the USA. For each of the livability categories, we see that Austin ranks very well for amenities (A-), cost of living (A+) and housing (A).
Living in Austin offers many benefits and offers an extensive array of local amenities. These amenities play a crucial role in enhancing the quality of life in this vibrant community. From readily accessible grocery stores to charming coffee shops, diverse dining options and generously spaced parks, Austin provides a wide spectrum of resources for its residents. This ensures that your daily requirements are effortlessly met and creates abundant opportunities for leisure and recreation. The abundant local offerings contribute to the area's overall appeal, making it an attractive destination for those seeking convenience, variety and a fulfilling lifestyle. If you're considering a move, the wealth of local amenities continues could be a defining feature of this remarkable locale. Among the enticing options for fun and exploration in Austin are: J.C. Hormel Nature Center, Healing Palms Spa, and Hormel Historic Home.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Austin, the unemployment rate stands at 2.21%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Austin has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Austin meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Austin. Everything else becomes a lot less important if it turns out that home prices in Austin are simply unattainable. Median real estate prices in Austin come in at $114,100, which is 40.4% lower than the Minnesota average. The home price to income ratio compares the median home prices to the median household income. In Austin, the home price to income ratio is 2.3, which is 23.3% lower than the Minnesota average.
Statistic | Austin | Minnesota | National |
Average one way commute | 16min | 23min | 26min |
Workers who drive to work | 77.0% | 78.0% | 76.4% |
Workers who carpool | 14.2% | 8.7% | 9.3% |
Workers who take public transit | 2.0% | 3.5% | 5.1% |
Workers who bicycle | 0.5% | 0.8% | 0.6% |
Workers who walk | 3.0% | 2.8% | 2.8% |
Working from home | 2.8% | 5.3% | 4.6% |