Living in Victoria, Minnesota
Cost of living, income, home prices, rent and demographics of Victoria · Census data 2020–2024
Victoria has 11,295 residents with a median age of 41.2. The median household income is $195,639 (120% higher than the Minnesota median), the median home value is $581,200, the median rent is $2,235/month.
Victoria at a glance
- Population
- 11,295
- Median age
- 41.2State: 38.8
- Median household income
- $195,639State: $89,062
- Median home value
- $581,200State: $329,300
- Median rent
- $2,235/moState: $1,280
- Homeowners
- 93.6%
- Bachelor's degree or higher
- 66.4%
- Average commute
- 35 min
Is Victoria a good place to live?
Pros: Median household income 120% higher than the Minnesota median; unemployment of 1.8%; a poverty rate of 2.1%.
Cons: Home values 76% higher than the state median; an average commute of 35 minutes.
The weather is best in June to September.
Cost of living in Victoria
Housing is the biggest part of the cost of living. In Victoria the median home value is $581,200, 75% higher than the U.S. median. Renters pay a median of $2,235 per month, which is 21.2% of household income. Homeowners with a mortgage pay $2,937 a month in housing costs.
Victoria median household income
The median household income in Victoria is $195,639 and the income per person is $76,567. 2.1% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Victoria: homes for sale and rent
- Housing units
- 4,230
- Owner-occupied
- 93.6%
- Renter-occupied
- 6.4%
- Vacant
- 4.3%Includes seasonal homes
- Median year built
- 2006
- Average household size
- 2.77
Victoria demographics
- Population
- 11,295
- Median age
- 41.2
- Under 18
- 26.6%
- 65 and older
- 14.5%
- Households
- 4,049
- Foreign-born
- 3.9%
- Veterans
- 9.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Victoria ›
Education in Victoria
66.4% of adults 25 and older in Victoria have a bachelor's degree or higher (Minnesota: 39.4%), and 22.8% have a graduate or professional degree.
Jobs and commute in Victoria
- Unemployment rate
- 1.8%State: 4.1%
- Average commute
- 35 minState: 23 min
- Work from home
- 33.3%
- Drive alone
- 55.3%
- Public transit
- 1.4%
- Walk to work
- 2.5%
- Homes with broadband
- 98.2%
Victoria vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Victoria | 11,295 | $195,639 | $581,200 | $2,235 |
| Mound | 9,107 | $86,675 | $370,800 | $1,098 |
| Shorewood | 7,647 | $171,063 | $703,200 | $1,607 |
| St. Bonifacius | 1,997 | $109,922 | $355,800 | $1,270 |
| Spring Park | 1,896 | $48,315 | $661,600 | $1,241 |
| Chaska | 28,706 | $110,956 | $404,700 | $1,553 |
| Minnetrista | 8,708 | $163,051 | $658,300 | $3,501 |
| Tonka Bay | 1,270 | $156,458 | $917,100 | $2,320 |
| Chanhassen | 26,006 | $143,651 | $566,300 | $1,831 |
More for people moving to Victoria
Victoria ZIP code ›Weather and climate ›Living in Victoria: FAQ
What is the median household income in Victoria, MN?
The median household income in Victoria is $195,639, 120% higher than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Victoria?
The median home value in Victoria is $581,200, compared with $329,300 in Minnesota.
How much is rent in Victoria?
The median gross rent in Victoria is $2,235 per month, about 21.2% of household income.
Is Victoria, MN a good place to live?
Pluses: median household income 120% higher than the Minnesota median; unemployment of 1.8%; a poverty rate of 2.1%. Minuses: home values 76% higher than the state median; an average commute of 35 minutes.
What is the median age in Victoria?
The median age in Victoria is 41.2 years (Minnesota: 38.8).
How long is the commute in Victoria?
The average commute to work in Victoria is 35 minutes; 33.3% of workers work from home.
What is the unemployment rate in Victoria?
The unemployment rate in Victoria is 1.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Victoria?
66.4% of adults in Victoria have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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