What is the median home price in Scandia?

The median home price in Scandia, Scandia city, Minnesota is $458,700, which is 63% above the national average of 281,900 ($281,900).

Scandia, Scandia city, Minnesota has a violent crime rate of 1.2 per 1,000 residents, which is 67% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 5.7 per 1,000 residents.

What is the median household income in Scandia?

The median household income in Scandia, Scandia city, Minnesota is $97,159, which is 30% above the national average of 74,580 ($74,580).

What is the average rent in Scandia?

The median rent in Scandia, Scandia city, Minnesota is $899 per month. The national average median rent is $1,163/month.

What is the population of Scandia?

The population of Scandia, Scandia city, Minnesota is approximately 3,965. The homeownership rate is 86.7% (national average: 65.9%).

What is the unemployment rate in Scandia?

The unemployment rate in Scandia, Scandia city, Minnesota is 1.1%. The national average unemployment rate is 3.7%. The poverty rate is 2.0% (national average: 12.4%).

Scandia

Scandia city, Minnesota

Family-Friendly

About Scandia

Nestled in the heart of Minnesota, Scandia offers a compelling blend of small-town charm and comfortable living, making it an appealing choice for those seeking a family-friendly environment. With a population just shy of 4,000, this community fosters a close-knit atmosphere where neighbors know each other and community events thrive. The median household income of nearly $97,000 significantly surpasses the national average, reflecting a stable and prosperous local economy. While the median home value of around $459,000 is higher than the national median, it still offers attractive value when considering the quality of life and the strong sense of community that Scandia provides.

From an investment perspective, Scandia presents a stable housing market with a focus on single-family homes, ideal for families seeking long-term residences. The area's safety is a major draw, providing peace of mind for residents. Given its family-friendly reputation and strong economic indicators, Scandia is particularly well-suited for families with children and professionals seeking a balanced lifestyle. The area's affordability, relative to the national average, coupled with its safety and community spirit, makes it a sound investment for those seeking both a comfortable home and a strong sense of belonging.

Scandia, Minnesota at a Glance

Scandia is a city in Scandia city, Minnesota with a population of approximately 3,965. The median home value is $458,700 and the median household income is $97,159.. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average.. Median rent is $899 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.