New Prague 79 Exceptional
New Prague Livability #78 ranked city in Minnesota#1,990 ranked city in the USARanks better than 93% of areas

Pros and Cons of Living in New Prague

PROS
  • Crime

    Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.

  • Employment

    Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.

  • Housing

    High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.

  • Health & Safety

    Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.

  • Schools

    The schools category earns a high score due to factors like exceptional test scores, strong education levels and the close proximity of elementary and high schools in this area.

CONS
  • Amenities

    The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.

  • Commute

    A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.

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What's it like Living in New Prague?

New Prague is a smaller city located in the state of Minnesota. The city has a population of 8,022 residents. According to the most recent Census, 93% of New Prague residents are White, 2% Asian and 1% American Indian and Alaskan. An important consideration when living in New Prague is the longer-than-average commute times. If you seek a short work commute, this area may not be the best choice for you. The one-way commute time here typically takes 31 minutes, far surpassing the national average of 26 minutes.

Living in New Prague can be a great experience for anyone moving to the town. Having said that, in the state of Minnesota, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. To help you find the best places to live in and around New Prague, AreaVibes has created a livability score using key metrics like amenities, cost of living, commute, health & safety, housing and more.

The livability score in New Prague is 77 out of 100 and the city is ranked in the 92nd percentile of all cities across America. Based on this score, New Prague would be considered a very livable city! Another exciting tidbit, is that New Prague ranks better than 90% of all US cities! If we consider each of the categories individually, we see that New Prague ranks well for crime (A+), education (A+), employment (A+) and housing (A+). There is at least one category that does not have great scores in New Prague. The following was graded with a discouraging score: amenities (F).

Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. New Prague shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 60 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.

The unemployment rate in New Prague has consistently declined over the years and currently stands well below the national average at 1.96%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.

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 New Prague 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 New Prague 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 New Prague. Everything else becomes a lot less important if it turns out that home prices in New Prague are simply unattainable. Median real estate prices in New Prague come in at $264,400, which is 38.1% higher than the Minnesota average. The home price to income ratio compares the median home prices to the median household income. In New Prague, the home price to income ratio is 3.2, which is 6.7% higher than the Minnesota average.

Best Places to Live in and Around New Prague

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Compare New Prague, MN Livability

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      New Prague transportation information

      Statistic New Prague Minnesota National
      Average one way commute31min23min26min
      Workers who drive to work82.6%78.0%76.4%
      Workers who carpool8.2%8.7%9.3%
      Workers who take public transit0.0%3.5%5.1%
      Workers who bicycle1.8%0.8%0.6%
      Workers who walk1.7%2.8%2.8%
      Working from home5.8%5.3%4.6%
      Source: The New Prague, MN data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).