Employment
The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Schools
High test scores, elevated graduation rates as well as the conveniently located elementary and high schools in this area have all contributed to the high score in the schools category.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Albertville, Minnesota is a small city with a population of 7,483 residents. At 89%, the majority of the Albertville population is White; this is followed by 8% Black and 1% Asian. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Albertville is the right fit for you, your one way commute time will average 29 minutes, which is about average when compared to the national commute time of 26 minutes.
Without the right tools, moving to any new town can be very stressful and challenging. Living in Albertville, Minnesota 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. With useful information like cost of living, commute, employment, housing and other key data points, finding the best places to live in Albertville and in the areas around Albertville is a much easier task.
The livability score in Albertville is 72 out of 100 and the city is ranked in the 82nd percentile of all cities across America. There are nine total categories that generate the livability score. Albertville scores well for crime (B), education (A-), employment (A+) and housing (A+) There is at least one category that does not have great scores in Albertville. The following was graded with a concerning score: amenities (D).
Unemployment rates can range pretty dramatically from one city to another. Knowing that Albertville has an unemployment rate of 0.84% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Test scores serve as a vital gauge of a school's academic prowess and the proficiency of its students. They play a pivotal role in assessing whether local schools can deliver a robust educational foundation for children. In Albertville, the schools boast an impressive average test score of 74%, significantly higher than the national average. This outstanding academic achievement not only reflects the excellence of the local educational system, but also indicates the potential for students to thrive academically, making it an attractive destination for families seeking a high-quality education for their children.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Albertville 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.
Assuming that Albertville 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 Albertville. Everything else becomes a lot less important if it turns out that home prices in Albertville are simply unattainable. Median real estate prices in Albertville come in at $240,800, which is 25.7% higher than the Minnesota average. The home price to income ratio compares the median home prices to the median household income. In Albertville, the home price to income ratio is 3.3, which is 10% higher than the Minnesota average.
| Statistic | Albertville | Minnesota | National |
| Average one way commute | 29min | 23min | 26min |
| Workers who drive to work | 90.1% | 78.0% | 76.4% |
| Workers who carpool | 2.3% | 8.7% | 9.3% |
| Workers who take public transit | 0.4% | 3.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.8% | 0.6% |
| Workers who walk | 0.7% | 2.8% | 2.8% |
| Working from home | 6.6% | 5.3% | 4.6% |
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