
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.
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.
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.
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.
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
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.
Located in the state of Minnesota, Breckenridge is a small-sized city with a population of 3,273 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 prefer shorter commutes, living in Breckenridge will be a delight. With an average one-way commute time of just 12 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Whether you’re relocating 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 search. 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. The best areas in Breckenridge and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, employment, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Minnesota and national averages.
The livability score in Breckenridge is 77 out of 100 and the city is ranked in the 90th percentile of all cities across America. Based on this score, Breckenridge would be considered a very livable city! Breckenridge is also ranked in the top 10 percentile of all cities across the USA. If we take a closer look at each of the categories on their own, we see that Breckenridge ranks well for crime (A+), cost of living (A+), education (B) and housing (A+). There are some categories that Breckenridge scores poorly for, including: amenities (F) and employment (F). It might be worth taking a closer look to figure out why.
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, Breckenridge 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 Breckenridge 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 Breckenridge. Everything else becomes a lot less important if it turns out that home prices in Breckenridge are simply unattainable. Median real estate prices in Breckenridge come in at $200,132, which is 41% 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 3.1, which is 16.2% lower than the Minnesota average.
| Statistic | Breckenridge | Minnesota | National |
| Average one way commute | 12min | 23min | 26min |
| Workers who drive to work | 85.2% | 78.0% | 76.4% |
| Workers who carpool | 4.1% | 8.7% | 9.3% |
| Workers who take public transit | 2.0% | 3.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.8% | 0.6% |
| Workers who walk | 2.7% | 2.8% | 2.8% |
| Working from home | 4.0% | 5.3% | 4.6% |