Savage is a medium-sized city located in the state of Minnesota. The city has a population of 29,399 inhabitants. At 82%, the majority of the Savage population is White; this is followed by 9% Asian and 4% Black. If you are looking for a family friendly city, Savage might be a good fit as 85% of the population over 15 years old are married, and 46% have kids who are 18 years old or younger.
If you’re considering relocating to any new city, it could be a very intimidating task. However, it could also be a good experience if you are willing to get to know the town before actually living in Savage, Minnesota. Finding the best places to live in Savage and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes amenities, crime, weather, employment and other important metrics.
The livability score in Savage is 80 out of 100 and the city is ranked in the 93rd percentile of all cities across America. This is a terrific score, as Savage ranks well in multiple categories! Savage also ranks in the top 10 percent of all cities, which is no small feat! If we dig down a little deeper into each category within the livability score, we see that Savage has higher than average scores for the following: amenities (A+), crime (A-), education (A+), employment (B+) and housing (B+). On a more negative note, Savage does not have favorable grades for the following: cost of living (F) and weather (F). If we take a look at the data, we can find out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Savage has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive.
Crime rates can be the deciding factor for anyone looking to relocate to a new area. Savage gets top scores for their low violent crime rates of 83 crimes per 100,000 residents, which are significantly lower than the national average.
The average school test scores in Savage are 67%. This far exceeds the national average and ensures that this educational system will provide your children with the skills and the tools they need to thrive.
Finding affordable real estate and apartments for rent in Savage can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category.
Savage real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Savage. The median home price for Savage homes is $263,300, which is 37.5% higher than the Minnesota average. If we take a closer look at the affordability of homes in Savage, we’ll see that the home price to income ratio is 2.7, which is 10% lower than the Minnesota average. Real estate appreciation rates in Savage are important to consider, as they can act as a guide to determine if your new home purchase will be a solid investment going forward. During the last twelve months, the appreciation rate for Savage homes comes in at 3.8%, and the 5 year appreciation rates were 6.5%.