Victoria is a somewhat small city located in the state of Minnesota. With a population of 8,676 people and two constituent neighborhoods, Victoria is the 116th largest community in Minnesota. Much of the housing stock in Victoria was built relatively recently. The construction of new real estate can often be taken as an indication that the local Victoria economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Victoria, where the median household income is $131,833.00.
Victoria home prices are not only among the most expensive in Minnesota, but Victoria real estate also consistently ranks among the most expensive in America.
Victoria is a decidedly white-collar city, with fully 92.46% of the workforce employed in white-collar jobs, well above the national average. Overall, Victoria is a city of managers, sales and office workers, and professionals. There are especially a lot of people living in Victoria who work in management occupations (24.65%), sales jobs (17.03%), and business and financial occupations (11.18%).
Also of interest is that Victoria has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.36% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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.
Because of many things, Victoria is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Victoria really has some of the features that families look for when choosing a good community to raise children. Is Victoria perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
Do you like to read, write and learn? If you move to Victoria, you'll likely find that many of your neighbors like to as well. Victoria is one of the more educated communities in America, with a full 61.60% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Victoria in 2010 was $46,672, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $186,688 for a family of four.
The people who call Victoria home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Victoria residents report their race to be White, followed by Asian. Important ancestries of people in Victoria include Norwegian, Irish, Swedish, and English.
The most common language spoken in Victoria is English. Other important languages spoken here include Spanish and Miao/Hmong.