The top 5 communities to live in Minnesota are now in.Â Even though it is one of the coldest states in the country, people continue to flock here.Â That means there must be something wonderful about Minnesota if people are choosing to live here year round. Â So, letâ€™s take a look at the top 5 communities and what they have to offer.
Movoto Real Estate came up with the following information:
5. Hugo, MN
4. Maple Grove, MN
3. Plymouth, MN
2. Lakeville, MN
1. Chanhassen, MN
They came up with these best places to live in Minnesota by following the seven measurable categories:
* Cost of Living
* Crime Rate
* Unemployment Rate
* Median Home Price
* Median Household Income
* Median Rent Price
* High School Graduate Rate
A more in-depth look at the top 5 communities:
5. Hugo, MN â€“ Hugo score well because of its high median rent price of over $1,200, it low unemployment rate with under 5%, and itâ€™s low crime rate of less than $1,400 crimes per 100,000 people, which is over 50% lower than the stateâ€™s average.
Hugo has seen fast growth over the last few years, but the city is keeping a good portion of it zones agricultural so there is still plenty of farm land.Â People living in Hugo, MN enjoy shopping, restaurants, businesses, parks, lakes and more.
4. Maple Grove, MN â€“ This community came in very close to number 3 on the list.Â The city has high rent prices of over $1,100, high median household income levels of over $90,000 and over 95% of residents graduated high school. Â Residents living in Maple Grove have more money to spend so they enjoy the Shoppes at Arbor Lakes, one of the Twin Cities largest shopping centers.
3. Plymouth, MN â€“ The Minneapolis suburb comes in at number three because of its high graduation rate at an outstanding rate of 96%, it low unemployment rate of less than 5%, and its median home price of over $300,000. The median home price is over 75% higher than the state average.Â Residents living in Plymouth, MN enjoy top rated schools, beautiful parks, unique residential areas and more.
2. Lakeville, MN â€“ A short 23 miles from downtown Minnesota, this community is full of parks like Steve Michaud Park and Ritter Farm Park, which are popular parks in the area.Â Lakeville comes in number two because of its high graduation rate of over 95%. Itâ€™s one of the most educated cities in the state.Â The cost of living is a little high but itâ€™s still lower than other nearby communities.Â The unemployment rate is also low at under 5%, which is one of the lowest in the state.
1. Chanhassen, MN â€“ The community comes in at number one for many great reasons.Â It did well in all seven categories that were looked at except the cost of living. However, they excelled in home values, education, income and unemployment.
The median home price is over $350,000, the graduation rate is over 95%, the median household income is over $100,000 and unemployment is super low at 4.6%.Â Itâ€™s the income levels that help make up for the cost of living in Chanhassen.
This information is brought to you by: Mark Schwope. â€œYour Local Real Estate Connection and Your Trusted Agent for Life.â€ Serving the North East Metro of the Twin City's and Surrounding Area and the N.E quadrant of The Minneapolis/St. Paul area including Hugo, Centerville, Circle Pines, Forest Lake, Lino Lakes, Scandia and surrounding areas.