Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
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.
Ratings
Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.
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.
Park Rapids is a small city located in the state of Minnesota. The city has a population of 4,253 inhabitants. The majority of Park Rapids residents report their race to be White; this is followed by American Indian and Alaskan and Black. If you're not a fan of traffic congestion and long commute times to work, Park Rapids is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 21 minutes, significantly lower than the national average of 26 minutes.
Living in Park Rapids can be a positive experience for anyone moving to the city. Having said that, in the state of Minnesota, there are many amazing 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. The best areas in Park Rapids and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, education, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Minnesota and national averages.
With a livability score of 70/100, Park Rapids is ranked #7,012 in the United States and #294 in Minnesota. Based on the rankings for each individual category, Park Rapids has been rewarded with high marks for cost of living (A-) and housing (A+). Regrettably for Park Rapids, there are some categories for which it does not rank well, this includes: amenities (F) and employment (D).
When contemplating a move, job prospects often top the list of priorities. In Park Rapids, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 2.5% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
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, Park Rapids has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Park Rapids is real estate affordability. The median home price for Park Rapids homes is $317,368, which is 6.4% lower than the Minnesota average. If we take a closer look at the affordability of homes in Park Rapids, we’ll see that the home price to income ratio is 5.5, which is 48.6% higher than the Minnesota average.
| Statistic | Park Rapids | Minnesota | National |
| Average one way commute | 21min | 23min | 26min |
| Workers who drive to work | 74.9% | 78.0% | 76.4% |
| Workers who carpool | 7.7% | 8.7% | 9.3% |
| Workers who take public transit | 2.0% | 3.5% | 5.1% |
| Workers who bicycle | 0.9% | 0.8% | 0.6% |
| Workers who walk | 5.5% | 2.8% | 2.8% |
| Working from home | 8.6% | 5.3% | 4.6% |
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