Deephaven 65 Good
Deephaven Livability #482 ranked city in Minnesota#12,554 ranked city in the USARanks better than 57% of areas

Pros and Cons of Living in Deephaven

PROS
  • Crime

    The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.

  • Employment

    This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.

  • Housing

    High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.

  • Schools

    The schools category boasts a high score thanks to factors like excellent test scores, impressive graduation rates and the convenient placement of elementary and high schools in this area.

CONS
  • Amenities

    A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.

  • Commute

    Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.

  • Cost Of Living

    The cost of living in this area is notably high, making it a more expensive place to live. You'll find higher expenses for everyday goods and services, housing and groceries.

  • Health & Safety

    A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.

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What's it like Living in Deephaven?

Deephaven is a smaller city located in the state of Minnesota. The city has a population of 3,904 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (97% White). Given that fact, Deephaven could be considered less diverse than other cities. 72% of the people in Deephaven (over the age of 15) are married and 51% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Deephaven, your commute time will align closely with the national average, spanning a one-way duration of approximately 24 minutes.

Without the right tools, moving to any new area can be very stressful and challenging. Living in Deephaven, 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 amenities, commute, health & safety, education and other key data points, finding the best places to live in Deephaven and in the areas around Deephaven is a much easier task.

Deephaven, MN receives 64 out of 100 for its livability score; this results in a ranking of #488 in Minnesota and #12,582 in the USA. If we explore each of the categories individually, we see that Deephaven ranks well for crime (A+), education (B+) and housing (B+). Unfortunately for Deephaven, there are some categories for which it does not rank well, this includes: amenities (F) and cost of living (F).

Crime rates can be the deciding factor for anyone looking to relocate to a new area, as the result is often a greater level of safety and security as well as an improved quality of life. Deephaven gets top scores for their low violent crime rates of 27 crimes per 100,000 residents, which are significantly lower than the national average.

Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Deephaven, the unemployment rate stands at 0.36%, 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 Deephaven 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 Deephaven 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 Deephaven. Everything else becomes a lot less important if it turns out that home prices in Deephaven are simply unattainable. The median home price for Deephaven homes is $583,100, which is 204.5% higher than the Minnesota average. If we take a closer look at the affordability of homes in Deephaven, we’ll see that the home price to income ratio is 4.4, which is 46.7% higher than the Minnesota average.

Best Places to Live in and Around Deephaven

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Compare Deephaven, MN Livability

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      Deephaven transportation information

      Statistic Deephaven Minnesota National
      Average one way commute24min23min26min
      Workers who drive to work66.8%78.0%76.4%
      Workers who carpool2.9%8.7%9.3%
      Workers who take public transit6.0%3.5%5.1%
      Workers who bicycle0.6%0.8%0.6%
      Workers who walk1.5%2.8%2.8%
      Working from home21.8%5.3%4.6%
      Source: The Deephaven, MN data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).