Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Crime
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
Employment
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Ratings
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Health & Safety
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Owatonna, Minnesota is a moderately-sized city with a population of 25,716 inhabitants. The majority of Owatonna residents report their race to be White; this is followed by Black and Asian. If you are not a fan of long commutes, you will enjoy living in Owatonna. With an average one way commute time of only 16 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Living in Owatonna can be a good experience for anyone relocating to the city. Having said that, in the state of Minnesota, 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 Owatonna and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, health & safety, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Minnesota and national averages.
With a livability score of 74 out of 100, Owatonna is ranked #3,691 in the United States and #155 in Minnesota. Based on the scores for each individual category, Owatonna has received high marks for crime (A-), cost of living (A), education (B), employment (B) and housing (A+). There are some categories that Owatonna ranks poorly for, including: amenities (D-). It might be worth taking a closer look to find out why.
When contemplating a move, job prospects often top the list of priorities. In Owatonna, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.48% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Owatonna market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Owatonna. 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 Owatonna are affordable. Median real estate prices in Owatonna come in at $171,400, which is 10.5% lower than the Minnesota average. The home price to income ratio compares the median home prices to the median household income. In Owatonna, the home price to income ratio is 2.6, which is 13.3% lower than the Minnesota average.
| Statistic | Owatonna | Minnesota | National |
| Average one way commute | 16min | 23min | 26min |
| Workers who drive to work | 84.3% | 78.0% | 76.4% |
| Workers who carpool | 6.3% | 8.7% | 9.3% |
| Workers who take public transit | 1.1% | 3.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.8% | 0.6% |
| Workers who walk | 2.6% | 2.8% | 2.8% |
| Working from home | 4.9% | 5.3% | 4.6% |
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