Cost Of Living
Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Housing
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Ratings
According to recent surveys and polls, locals had excellent ratings for walkability to nearby amenities, safety, access to public transit and the overall sense of community in the area.
Amenities
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Commute
Low commute scores could be due to limited access to public transit in this area, as well as longer-than-average work commute times for residents.
Employment
This area earns a low score in the employment category due to low household income levels and high unemployment rates, which may pose challenges in seeking job opportunities.
Wadena, Minnesota is a small-sized city with a population of 4,145 inhabitants. The majority of Wadena residents report their race to be White; this is followed by Black and American Indian and Alaskan. Wadena is very likely to be a great place to live for singles as only 46%, of the population (over fifteen) are classified as married. If you are not a fan of long commutes, you will enjoy living in Wadena. With an average one way commute time of only 13 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Are you trying to ascertain if living in Wadena is the right fit for your lifestyle? To ensure a fulfilling experience before relocating to any new city in Minnesota, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. To help you find the best places to live in and around Wadena, AreaVibes has created a livability score using key metrics like amenities, commute, employment, housing and more.
Using data and statistics Wadena has received a livability score of 64 out of 100. This score is ranked in the 56th percentile when compared to all other cities. For each of the livability categories, we can establish that Wadena ranks very well for crime (B+), cost of living (A) and housing (A-). There is at least one category that did not score well in Wadena. The following was graded with a less than perfect score: amenities (F) and employment (F).
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Wadena has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Wadena 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 Wadena. Everything else becomes a lot less important if it turns out that home prices in Wadena are simply unattainable. Median real estate prices in Wadena come in at $103,400, which is 46% lower than the Minnesota average. The home price to income ratio compares the median home prices to the median household income. In Wadena, the home price to income ratio is 2.7, which is 10% lower than the Minnesota average.
| Statistic | Wadena | Minnesota | National |
| Average one way commute | 13min | 23min | 26min |
| Workers who drive to work | 74.0% | 78.0% | 76.4% |
| Workers who carpool | 8.6% | 8.7% | 9.3% |
| Workers who take public transit | 0.2% | 3.5% | 5.1% |
| Workers who bicycle | 1.7% | 0.8% | 0.6% |
| Workers who walk | 5.9% | 2.8% | 2.8% |
| Working from home | 9.5% | 5.3% | 4.6% |
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