Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
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.
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Milaca, Minnesota is a small city with a population of 2,894 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (94% White). Given that fact, Milaca could be considered less diverse than other cities. Something to be aware of when living in Milaca are the above average commute times. If you're looking for a short commute to work, this might not be the right area for you. With one way commute time of 32 minutes, this comes in much higher than the national average of 26 minutes.
Whether you’re moving to a new town to be closer to family, friends or for a new job, living in Milaca could be a positive experience compared to other cities in Minnesota if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Using the livability score which includes data from categories like cost of living, commute, education, housing, you can easily compare the best places to live in Milaca and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Milaca to Minnesota and the national average.
Milaca, MN receives 68 out of 100 for its livability score; this results in a ranking of #309 in Minnesota and #7,580 in the USA. If we take a closer look at each of the categories on their own, we see that Milaca ranks well for cost of living (B+) and housing (A+). There is at least one category that did not score well in Milaca. The following was graded with a disappointing score: amenities (F) and employment (D).
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Milaca has a violent crime rate of 129 crimes per 100,000 residents which is far lower than the national average.
The unemployment rate in Milaca has consistently declined over the years and currently stands well below the national average at 1.95%. 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.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Milaca apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Milaca. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Milaca are affordable. Median real estate prices in Milaca come in at $139,400, which is 27.2% lower than the Minnesota average. The home price to income ratio compares the median home prices to the median household income. In Milaca, the home price to income ratio is 3.3, which is 10% higher than the Minnesota average.
Statistic | Milaca | Minnesota | National |
Average one way commute | 32min | 23min | 26min |
Workers who drive to work | 71.1% | 78.0% | 76.4% |
Workers who carpool | 9.1% | 8.7% | 9.3% |
Workers who take public transit | 1.3% | 3.5% | 5.1% |
Workers who bicycle | 1.0% | 0.8% | 0.6% |
Workers who walk | 5.0% | 2.8% | 2.8% |
Working from home | 10.1% | 5.3% | 4.6% |