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.
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.
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Located in the state of North Dakota, Minot is a mid-sized city with a population of 47,834 inhabitants. At 84%, the majority of the Minot population is White; this is followed by 5% Black and 2% Asian. If you are a young adult or student, you might be pleased to know that the average age of all Minot residents is 32. If you're not a fan of traffic congestion and long commute times to work, Minot is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 19 minutes, significantly lower than the national average of 26 minutes.
Whether you’re relocating to a new area to be closer to family, friends or for a new job, living in Minot could be a positive experience compared to other cities in North Dakota 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. With useful information like cost of living, commute, health & safety, housing and other key data points, finding the best places to live in Minot and in the areas around Minot is a much easier task.
With a livability score of 72 out of 100, Minot is ranked #4,577 in the United States and #29 in North Dakota. If we consider each of the categories on their own, we see that Minot ranks well for crime (B), cost of living (B), employment (B-) and housing (B+). On a less positive note, Minot does not have favorable ranks for the following: amenities (F). If we take a look at the data, we can find out why.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Minot has an unemployment rate of 2.68% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Minot 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.
Being close to public transit, grocery stores, parks and other conveniences are all important when weighing your options for a new home in Minot. 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 Minot are affordable. The median home price for Minot homes is $211,000, which is 28.7% 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 3.3, which is 17.9% higher than the North Dakota average.
|Average one way commute
|Workers who drive to work
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|Workers who take public transit
|Workers who bicycle
|Workers who walk
|Working from home