
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.
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.
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 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.
Based on the most recent cost of living data, this area is more expensive to live in. You can expect to pay more for everyday goods and services, housing, groceries and utilities.
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Corcoran, Minnesota is a small-sized city with a population of 6,327 residents. The majority of Corcoran residents report their race to be White; this is followed by Asian and Black. Corcoran has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 71% of the population is classified as married and 39% have kids. 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 Corcoran is the right fit for you, your one way commute time will average 28 minutes, which is about average when compared to the national commute time of 26 minutes.
Without the right tools, relocating to any new city can be very stressful and challenging. Living in Corcoran, Minnesota could be a good experience for anyone who puts in the time 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. To help you find the best places to live in and around Corcoran, AreaVibes has created a livability score using key metrics like cost of living, commute, health & safety, employment, housing and more.
Corcoran, MN receives 63 out of 100 for its livability score; this results in a ranking of #551 in Minnesota and #14,264 in the USA. For each of the livability categories, we see that Corcoran ranks very well for crime (A+). There are some categories that Corcoran ranks poorly for, including: amenities (F), cost of living (F) and education (D). It might be worth taking a closer look to figure out why.
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. Corcoran has a violent crime rate of 12 crimes per 100,000 residents which is far lower than the national average.
The Corcoran unemployment rate of 1.2% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Corcoran market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Corcoran. Before you determine if any of these amenities are available in the area, you will also want to know if the real estate prices in Corcoran are affordable. Median real estate prices in Corcoran come in at $675,608, which is 99.3% higher than the Minnesota average. The home price to income ratio compares the median home prices to the median household income. In Corcoran, the home price to income ratio is 3.2, which is 13.5% lower than the Minnesota average.
| Statistic | Corcoran | Minnesota | National |
| Average one way commute | 28min | 23min | 26min |
| Workers who drive to work | 81.5% | 78.0% | 76.4% |
| Workers who carpool | 5.7% | 8.7% | 9.3% |
| Workers who take public transit | 1.0% | 3.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.8% | 0.6% |
| Workers who walk | 1.2% | 2.8% | 2.8% |
| Working from home | 10.1% | 5.3% | 4.6% |