Within the vicinity, you'll find a wealth of amenities, from restaurants and coffee shops to grocery stores and local shops, all easily accessible on foot.
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Luverne, Minnesota is a small city with a population of 4,557 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (96% White). Given that fact, Luverne could be considered less diverse than other cities. Not a fan of sitting in traffic during your commute to work? Luverne offers shorter work commutes, with an average one-way commute time taking only 16 minutes, far lower than the national average of 26 minutes.
Without the right tools, moving to any new town can be very stressful and challenging. Living in Luverne, Minnesota could be a fulfilling experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. To help you find the best places to live in and around Luverne, AreaVibes has created a livability score using key metrics like amenities, crime, commute, health & safety, employment and more.
Luverne has a livability score of 84 out of 100 and is ranked #10 in Minnesota and #433 in the USA. Clearly, Luverne is doing something right, as this score ranks well above the average of most cities. The cherry on top is that Luverne also ranks in the top 10 percent of all cities. If we probe a little deeper into each category within the livability score, we see that Luverne has higher than average scores for the following: amenities (A+), crime (B), cost of living (A+), education (A-), employment (B+) and housing (A+).
If you're considering living in Luverne, it comes with numerous advantages, particularly in the form of an extensive selection of local amenities. These amenities play a pivotal role in elevating the quality of life within this vibrant community. From easily accessible grocery stores, to conveniently located fitness facilities, a diverse range of dining establishments and a multitude of shopping options, Luverne provides a comprehensive array of resources for its residents. This ensures the effortless fulfillment of your daily needs and creates ample opportunities for relaxation and recreation. The convenience of these local offerings greatly contributes to the overall appeal of the area, making it an enticing destination for those in search of convenience, diversity, and a gratifying lifestyle. If you're contemplating a move, the abundance of local amenities could very well be a defining characteristic of this area.
The unemployment rate in Luverne has consistently declined over the years and currently stands well below the national average at 0.73%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Luverne excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Assuming that Luverne 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 Luverne. Everything else becomes a lot less important if it turns out that home prices in Luverne are simply unattainable. Median real estate prices in Luverne come in at $152,500, which is 20.4% lower than the Minnesota average. The home price to income ratio compares the median home prices to the median household income. In Luverne, the home price to income ratio is 2.4, which is 20% lower than the Minnesota average.
Statistic | Luverne | Minnesota | National |
Average one way commute | 16min | 23min | 26min |
Workers who drive to work | 85.1% | 78.0% | 76.4% |
Workers who carpool | 6.7% | 8.7% | 9.3% |
Workers who take public transit | 0.7% | 3.5% | 5.1% |
Workers who bicycle | 0.5% | 0.8% | 0.6% |
Workers who walk | 1.7% | 2.8% | 2.8% |
Working from home | 5.0% | 5.3% | 4.6% |