Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Health & Safety
Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Minot is a moderately-sized city located in the state of North Dakota. The city has a population of 49,742 people. If we look at the most recent Census, Minot is known to have a predominantly White population. The next two most common races are Black and Asian. The median age of all Minot residents is 32, which is well below the national average. This is a good indication that this city could be ideal for a younger demographic. If you are not a fan of long commutes, you will enjoy living in Minot. With an average one way commute time of only 19 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Are you trying to figure out if living in Minot is the right fit for your lifestyle? To ensure a great experience before relocating to any new city in North Dakota, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. Using the livability score which includes data from categories like amenities, education, employment, you can easily compare the best places to live in Minot and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Minot to North Dakota and the national average.
With a livability score of 74 out of 100, Minot is ranked #4,306 in the United States and #28 in North Dakota. If we take a closer look at each of the categories on their own, we see that Minot ranks well for crime (B), cost of living (B-), employment (B) and housing (A+). There is at least one category that did not score well in Minot. The following was graded with a discouraging score: amenities (F).
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, Minot 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 Minot 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 Minot. Everything else becomes a lot less important if it turns out that home prices in Minot are simply unattainable. The median home price for Minot homes is $380,020, which is 29.3% higher than the North Dakota average. If we take a closer look at the affordability of homes in Minot, we’ll see that the home price to income ratio is 3.9, which is 18.2% higher than the North Dakota average.
| Statistic | Minot | North Dakota | National |
| Average one way commute | 19min | 17min | 26min |
| Workers who drive to work | 81.1% | 80.4% | 76.4% |
| Workers who carpool | 10.8% | 9.3% | 9.3% |
| Workers who take public transit | 0.5% | 0.5% | 5.1% |
| Workers who bicycle | 0.1% | 0.4% | 0.6% |
| Workers who walk | 2.2% | 3.6% | 2.8% |
| Working from home | 4.1% | 4.9% | 4.6% |
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