Victoria is a somewhat small city located in the state of Minnesota. With a population of 8,917 people and two constituent neighborhoods, Victoria is the 116th largest community in Minnesota. Victoria has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Victoria, where the median household income is $132,431.00.
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 89.70% 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 (23.80%), sales jobs (14.32%), and business and financial occupations (10.89%).
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.
In addition, Victoria is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Victoria is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Victoria’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
In Victoria, a lot of people use the bus to get to work every day though Victoria is a relatively small city. Those that ride the bus are primarily traveling out of town to good jobs in other cities.
If knowledge is power, Victoria is a pretty powerful place. 63.18% of the adults in Victoria have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Victoria in 2010 was $49,473, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $197,892 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 Irish, Norwegian, English, and Swedish.
The most common language spoken in Victoria is English. Other important languages spoken here include Spanish and German/Yiddish.