Crime
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
Employment
The combination of higher than average median home income, income per capita and low unemployment rates results in a score that is well above average in the employment category.
Housing
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Amenities
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Commute
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Cost Of Living
Based on the most recent cost of living data, this area is more expensive to live in. You can expect to pay more for everyday goods and services, housing, groceries and utilities.
Health & Safety
Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.
Corcoran, Minnesota is a smaller city with a population of 6,113 inhabitants. According to the most recent Census, 93% of Corcoran residents are White, 4% Asian and 1% Black. 71% of the people in Corcoran (over the age of 15) are married and 39% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Corcoran is the right fit for you, your one way commute time will average 28 minutes, which is about average when compared to the national commute time of 26 minutes.
Whether you’re moving to a new city to be closer to family, friends or for a new job, living in Corcoran could be a positive experience compared to other cities in Minnesota if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. With useful information like health & safety, employment, housing and other key data points, finding the best places to live in Corcoran and in the areas around Corcoran is a much easier task.
The livability score in Corcoran is 63 out of 100 and the city is ranked in the 52nd percentile of all cities across America. If we explore each of the categories on their own, we see that Corcoran ranks well for crime (A+) and housing (A+). On a more negative note, Corcoran does not have favorable grades for the following: amenities (F), cost of living (F) and education (D). If we take a look at the data, we can find out why.
Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Corcoran shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 27 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Corcoran has an unemployment rate of 1.16% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Corcoran excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Corcoran real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Corcoran. The median home price for Corcoran homes is $376,700, which is 96.7% higher than the Minnesota average. If we take a closer look at the affordability of homes in Corcoran, we’ll see that the home price to income ratio is 2.7, which is 10% lower than the Minnesota average.
| Statistic | Corcoran | Minnesota | National |
| Average one way commute | 28min | 23min | 26min |
| Workers who drive to work | 81.5% | 78.0% | 76.4% |
| Workers who carpool | 5.7% | 8.7% | 9.3% |
| Workers who take public transit | 1.0% | 3.5% | 5.1% |
| Workers who bicycle | 0.0% | 0.8% | 0.6% |
| Workers who walk | 1.2% | 2.8% | 2.8% |
| Working from home | 10.1% | 5.3% | 4.6% |
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