Victoria is a somewhat small city located in the state of Minnesota. With a population of 8,374 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.
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.
Telecommuters are a relatively large percentage of the workforce: 10.36% 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.
Because of many things, Victoria is a great place for families with children to consider. First of all, many other families with children live here, making Victoria 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 city’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Victoria has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Victoria’s overall crime rate is lower than average for the country.
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 German, Norwegian, Irish, Swedish, English and Polish.
The most common language spoken in Victoria is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||2,516|
|VICTORIA HOME OWNERSHIP|
|% OWNER OCCUPIED||88.55%|
|% RENTER OCCUPIED||11.46%|
|TYPE OF VICTORIA HOMES|
|SINGLE FAMILY DETACHED||80.96%|
|ROWHOUSES AND ATTACHED HOMES||14.08%|
|SMALL APARTMENT BUILDINGS||0.00%|
|COMPLEXES OR HIGH RISE APARTMENTS||4.96%|
|SIZE OF VICTORIA HOMES|
|5 OR MORE BEDROOMS||17.00%|
|AGE OF VICTORIA HOMES|
|NEWER HOMES (2000 OR LATER)||47.92%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||39.92%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||6.89%|
|HISTORIC (1939 OR BEFORE)||5.27%|
|VICTORIA REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$441,071|
|MEDIAN RENTAL PRICE||$1,215|
|HOME VALUE RANGE|
|$0 - $59,000||2.00%|
|$59,001 - $119,000||0.00%|
|$119,001 - $238,000||8.83%|
|$238,001 - $357,000||23.23%|
|$357,001 - $476,000||19.49%|
|$476,001 - $594,000||21.18%|
|$594,001 - $892,000||19.27%|
|$892,001 - $1,189,000||4.48%|
|PEOPLE OF VICTORIA||DETAILS|
|UNDER 5 YEARS||6.77%|
|5 TO 17||25.44%|
|18 TO 24||7.61%|
|25 TO 34||6.90%|
|35 TO 54||32.80%|
|55 TO 64||11.66%|
|65 YEARS AND OVER||8.82%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||98.16%|
|MEDIAN HOUSEHOLD INCOME||$131,833|
|PER CAPITA INCOME||$46,672|
|INDIVIDUALS BELOW POVERTY LEVEL||2.67%|
|INDUSTRIES PEOPLE WORK IN||Manufacturing (15.46%)
Professional, scientific, and technical services (10.90%)
Real estate (2.40%)
|BLACK OR AFRICAN AMERICAN||0.06%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.06%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||0.00%|
|TWO OR MORE RACES||1.27%|
|HISPANIC OR LATINO (OF ANY RACE)||2.41%|
|ETHNICITIES PRESENT||German (39.49%)
|LANGUAGES SPOKEN||English (92.85%)
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