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.
This area did not exhibit any cons, as none of the categories were rated low enough.
McMinnville, Oregon is a mid-sized city with a population of 34,466 people. With a population density of 3,258 people per square mile, McMinnville is well above the nation's average density level. If we look at the most recent Census, McMinnville is known to have a predominantly White population. The next two most common races are Asian and Black.
Without the right tools, relocating to any new area can be very stressful and challenging. Living in McMinnville, Oregon could be a positive experience for anyone who puts in the effort 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. Finding the best places to live in McMinnville and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes cost of living, health & safety, employment and other important metrics.
McMinnville has a livability score of 75 out of 100 and is ranked #81 in Oregon and #3,299 in the USA. This is a great score, as McMinnville ranks well in multiple categories! For each of the livability categories, we see that McMinnville ranks very well for crime (B-) and housing (B+).
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In McMinnville, the unemployment rate stands at 1.84%, 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 robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. McMinnville 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.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in McMinnville is actually affordable. Median real estate prices in McMinnville come in at $282,000, which is 14.1% higher than the Oregon average. The home price to income ratio compares the median home prices to the median household income. In McMinnville, the home price to income ratio is 5.3, which is 15.2% higher than the Oregon average.
Statistic | McMinnville | Oregon | National |
Average one way commute | 22min | 23min | 26min |
Workers who drive to work | 73.5% | 71.4% | 76.4% |
Workers who carpool | 10.3% | 10.3% | 9.3% |
Workers who take public transit | 0.5% | 4.4% | 5.1% |
Workers who bicycle | 1.6% | 2.4% | 0.6% |
Workers who walk | 7.3% | 3.9% | 2.8% |
Working from home | 5.3% | 6.4% | 4.6% |