Breckenridge 77 Exceptional
Breckenridge Livability #120 ranked city in Minnesota#2,747 ranked city in the USARanks better than 90% of areas

Pros and Cons of Living in Breckenridge

PROS
  • Cost Of Living

    The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.

  • Crime

    With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.

  • 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.

  • Health & Safety

    A high score in the health and safety category is a result of good air quality and the accessibility to health facilities such as hospitals, clinics, doctors, pharmacies and fire stations.

CONS
  • Amenities

    A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.

  • 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.

  • Employment

    A low score in the employment category could indicate that this area struggles with high unemployment rates and low household income and income per capita levels.

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What's it like Living in Breckenridge?

Breckenridge is a small-sized city located in the state of Minnesota. The city has a population of 3,198 inhabitants. 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, Breckenridge could be considered less diverse than other cities. If you are not a fan of long commutes, you will enjoy living in Breckenridge. With an average one way commute time of only 12 minutes, getting to and from work is a breeze compared to 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 Breckenridge could be a positive experience compared to other cities in Minnesota if you know where to look. 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. To help you find the best places to live in and around Breckenridge, AreaVibes has created a livability score using key metrics like crime, cost of living, commute, employment and more.

Using data and statistics Breckenridge has received a livability score of 75 out of 100. This score is ranked in the 88th percentile when compared to all other cities. Pack your bags! This is a very high score in comparison to other US cities. Living in Breckenridge could be a great choice! If we probe a little deeper into each category within the livability score, we see that Breckenridge has higher than average scores for the following: crime (B+), cost of living (A+), education (B-) and housing (A-). Unfortunately for Breckenridge, there are some categories for which it does not rank well, this includes: amenities (F) and employment (F).

Low rates of violent crime, encompassing offenses such as murder, rape, robbery and assault, contribute significantly to a safer living environment. This reduction in crime minimizes the chances of personal harm, property theft, or violent incidents. Furthermore, low crime rates can have a positive impact on property values and the overall desirability of an area. There were 89 crimes per 100,000 residents, which signifies that Breckenridge boasts an impressively low violent crime rate that falls well below the national average.

A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Breckenridge 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.

Breckenridge real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Breckenridge. Median real estate prices in Breckenridge come in at $113,500, which is 40.7% lower than the Minnesota average. The home price to income ratio compares the median home prices to the median household income. In Breckenridge, the home price to income ratio is 2.7, which is 10% lower than the Minnesota average.

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Compare Breckenridge, MN Livability

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      Breckenridge transportation information

      Statistic Breckenridge Minnesota National
      Average one way commute12min23min26min
      Workers who drive to work85.2%78.0%76.4%
      Workers who carpool4.1%8.7%9.3%
      Workers who take public transit2.0%3.5%5.1%
      Workers who bicycle0.0%0.8%0.6%
      Workers who walk2.7%2.8%2.8%
      Working from home4.0%5.3%4.6%
      Source: The Breckenridge, MN data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).