Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.
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.
A high score in the schools category could be the result of elements like top-notch test scores, high education levels and the convenient location of elementary and high schools in this area.
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.
Located in the state of Wisconsin, Mineral Point is a small city with a population of 2,631 people. According to the most recent Census, 94% of Mineral Point residents are White, 2% Black and 1% Asian. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Mineral Point your home, your one-way commute time will typically last around 25 minutes, a duration that aligns with the national average commute time of 26 minutes.
Living in Mineral Point can be a positive experience for anyone moving to the area. Having said that, in the state of Wisconsin, there are many amazing 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. The best areas in Mineral Point and in surrounding cities are easier to find when you are able to make informed decisions. Using data from cost of living, commute, health & safety, education, you will see a detailed breakdown of the most important information as well as comparisons to the Wisconsin and national averages.
With a livability score of 80 out of 100, Mineral Point is ranked #1,172 in the United States and #47 in Wisconsin. Clearly, Mineral Point is doing something right, as this score ranks well above the average of most cities. The cherry on top is that Mineral Point also ranks in the top 10 percent of all cities. Based on the rankings for each individual category, Mineral Point has received high marks for crime (A+), cost of living (A+), education (A-), employment (B-) and housing (A-). There is at least one category that you should be aware of in Mineral Point. The following was graded with a discouraging score: amenities (F).
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Mineral Point, the unemployment rate stands at 0.57%, 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.
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 Mineral Point 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.
Assuming that Mineral Point 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 Mineral Point. Everything else becomes a lot less important if it turns out that home prices in Mineral Point are simply unattainable. The median home price for Mineral Point homes is $172,600, which is 3.4% higher than the Wisconsin average. If we take a closer look at the affordability of homes in Mineral Point, we’ll see that the home price to income ratio is 3.2, which is 3.2% higher than the Wisconsin average.
Statistic | Mineral Point | Wisconsin | National |
Average one way commute | 25min | 22min | 26min |
Workers who drive to work | 83.2% | 80.7% | 76.4% |
Workers who carpool | 3.9% | 8.3% | 9.3% |
Workers who take public transit | 1.0% | 1.9% | 5.1% |
Workers who bicycle | 0.0% | 0.8% | 0.6% |
Workers who walk | 3.8% | 3.3% | 2.8% |
Working from home | 7.2% | 4.2% | 4.6% |