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Balaton - Russell, MN

This is a small community in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.





Overview


Balaton - Russell is a very small town located in the state of Minnesota. With a population of 2,765 people and just one neighborhood, Balaton - Russell is the 256th largest community in Minnesota. Much of the housing stock in Balaton - Russell was built prior to World War II, making it one of the older and more historic towns in the country.

Occupations and Workforce

Balaton - Russell is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Balaton - Russell is a town of professionals, managers, and sales and office workers. There are especially a lot of people living in Balaton - Russell who work in management occupations (16.78%), office and administrative support (10.76%), and healthcare (7.29%).

Also of interest is that Balaton - Russell has more people living here who work in computers and math than 95% of the places in the US.

Telecommuters are a relatively large percentage of the workforce: 13.90% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Setting & Lifestyle

Because of many things, Balaton - Russell is a great place for families with children to consider. First of all, many other families with children live here, making Balaton - Russell a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Balaton - Russell has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Balaton - Russell’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.

Balaton - Russell is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.

Demographics

The overall education level of Balaton - Russell is somewhat higher than in the average US city of 21.84%: 25.24% of adults 25 and older in the town have at least a bachelor's degree.

The per capita income in Balaton - Russell in 2018 was $36,523, which is upper middle income relative to Minnesota and the nation. This equates to an annual income of $146,092 for a family of four. However, Balaton - Russell contains both very wealthy and poor people as well.

The people who call Balaton - Russell home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Balaton - Russell residents report their race to be White, followed by Asian. Important ancestries of people in Balaton - Russell include German, Norwegian, Swedish, Irish, and Belgian.

The most common language spoken in Balaton - Russell is English. Other important languages spoken here include Spanish and German/Yiddish.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

Uncrowded roads, rural America and space to be the individual you are. If you like these characteristics, this neighborhood may fit you. With just 10 residents per square mile, is less crowded than 97.0% of all U.S. neighborhoods.

People

If you're looking for a great spot to raise a family, then look no further than the neighborhood. NeighborhoodScout's analysis found that the combination of good quality public schools, above-average safety from crime, and a high rate of home ownership in predominantly single-family homes, help make this neighborhood among the top 11.3% of family-friendly neighborhoods across the state of Minnesota. In addition, there are a high proportion of other families with school-aged children living here, making it easy for parents and their children to socialize and develop a sense of community support. In addition, families here highly value education, as is reflected by the strength of the local schools, in part due to the educational attainment of the parents here, who vote in support of the public schools.

Diversity

Did you know that the neighborhood has more Belgian and Danish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.9% of this neighborhood's residents have Belgian ancestry and 5.5% have Danish ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the neighborhood in Balaton - Russell are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 55.3% of the neighborhoods in America. In addition, 8.5% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 55.2% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the neighborhood, 41.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 27.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (14.4%), and 13.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the neighborhood is English, spoken by 98.0% of households.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the neighborhood in Balaton - Russell, MN, residents most commonly identify their ethnicity or ancestry as German (40.5%). There are also a number of people of Norwegian ancestry (16.7%), and residents who report Swedish roots (6.8%), and some of the residents are also of Irish ancestry (6.8%), along with some Belgian ancestry residents (5.9%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 15 and 30 minutes commuting one-way to work (57.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (73.3%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (10.9%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

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