CitytisticsShortlist

Cost of living, pay and housing

44.87° N · 93.67° W · GEOID 2767036

Victoria

Carver County, Minnesota · part of the Minneapolis, MN metro

MinnesotaVictoria, MNVictoriaVictoria

The short answer

Victoria is home to 11,295 people. Median household income is $195,639 a year and median rent is $2,235 a month, 13.7% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $581,200, about 3.0x annual median household income.

What sets Victoria apart is how far household money goes. After the median rent, with other prices set to the US average, the median household keeps about $163,300 a year, more than in 96% of places its size. It is the 3rd-highest of 121 Minnesota places we track. Also notable: Rent rose 11.7% a year while household income rose 5.2% between the 2019 and 2024 surveys, rent outran pay by more than in 97% of places its size.

97OF 100

CTXCitytistics Index

Exceptional

Victoria scores better than 97% of the 6,612 places we rate, and ranks 9th of 151 in Minnesota.

How the CTX is built

Category ratings · 0 to 100, typical place 50

Affordability 20%86
Economy 20%98
Safety 20%n/a
Amenities 15%50
Education 10%93
Commute 10%7
Growth 5%84

Not rated: safety, for want of data (the city police department does not report a full year to the FBI). The other weights are spread over the categories rated.

Median gross rent
$2,235
64% above the median place
Median household income
$195,639
144% above the median place
Median home value
$581,200
82% above the median place
Unemployment
1.8%
63% below the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Victoria

  • Life nearbyOpenStreetMap shows 0 grocery stores per 10,000 residents, fewer than in 93% of the 2,301 places of 10,000 to 25,000 people we track. It is the lowest of 151 Minnesota places we track.
01

Moving to Victoria

Carver County gains about 6.4 residents per 1,000 a year to moves between counties.

Moved in6,264
Moved out5,599
Net+665

Where people come from and where they go, top counties

Within Minnesota, other states or abroad

Arrivals
Leavers
Within MinnesotaOther statesAbroad

Income per tax return

Arrivals$106K
Leavers$91K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Carver County; flows under 20 returns are not published.

Who moves here
5.5% of residents arrived from another county in the past year, 1.4% from another state.
Who arrives and who leaves
Households moving into Carver County report $105,500 a year in income on average; those leaving, $91,100, so newcomers earn more than leavers.
Income you would need
$89,400 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $2,235 a month; owners with a mortgage pay $2,937 a month including taxes and insurance, on a median home of $581,200.
Getting to work
35 minutes each way on average; 33.3% work from home.
If it is close but not quite
Poolesville, MD matches it on character for less of your income. Compare the two
Moved here in the past year1
5.5%
3% below the median place
Income of households moving in8
$105,522
50% above the median place
Net movers per 1,000 people8
6.4
above the median place (median -0.6)
All 5 moving measures
MeasureVictoriaAmong 6,645 placesVs median
Moved here in the past year15.5%3% below
Moved from another state1County figure1.4%31% below
Net movers per 1,000 people8County figure6.4above (median -0.6)
Income of households moving in8County figure$105,52250% above
Income of households moving out8County figure$91,08330% above
02

What it costs to live here

The median household earns $195,639 a year, more than in 97% of the 2,301 places of 10,000 to 25,000 people we track. It is the 3rd-highest of 151 Minnesota places we track.

Victoria13.7%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$89,400
a year, at the 30% line
Rent to income
13.7%
33% below the median place
Home price to income
3.0x
22% below the median place

Could you afford it?

The median rent would take
14%
comfortably under the 30% line
Left after rent, in US prices
$163,600
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Victoria, $2,235 a month, and local prices for everything else (103.4 against a US average of 100). It runs in your browser and stores nothing.

Like Victoria, but easier on the budget

Places that match Victoria on character (size, age, education, homeownership, household size, housing age, remote work and climate) but where rent takes a clearly smaller share of income. Cost was left out of the match on purpose.

PlaceMatchRent to incomeMore left a year
Poolesville, MD7910.7% vs 13.7%$20,200Compare
Parkville, MO778.1% vs 13.7%$4,500Compare
Campton Hills, IL7510.0% vs 13.7%$21,400Compare
Polk City, IA755.7% vs 13.7%$3,200Compare

Moving from somewhere else? Work out the salary you would need in Victoria.

Sponsored · exampleMoving to Victoria? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Homeownership1
93.6%
41% above the median place
Median year built1
2006
1% above the median place
Owner costs with a mortgage1
$2,937
57% above the median place
All 16 cost and housing measures
MeasureVictoriaAmong 6,645 placesVs median
Median gross rent1$2,23564% above
Rent to income113.7%33% below
Property tax rate11.0%9% above
Home price to income13.0x22% below
Prices vs US average2Metro figure104.84% above
Fair market rent, 2 bedrooms3County figure$1,7347% above
HUD area median income4County figure$131,50023% above
Property tax paid (median)1$5,77677% above
Median home value1$581,20082% above
Home prices, 1-year change5County figure3.8%18% above
Home prices, 5-year change5County figure36.1%30% below
Homeownership193.6%41% above
Renters paying 30%+1County figure42.9%15% below
Owner costs with a mortgage1$2,93757% above
Vacant homes1County figure2.6%63% below
Median year built120061% above
03

Work and pay

Poverty rate is 2.1%, 81% below the median place.

Poverty rate1
2.1%
81% below the median place
Unemployment1
1.8%
63% below the median place
Median household income1
$195,639
144% above the median place

More on work and pay, against the typical place

Works from home33.3% 2.7×
Income per person$76,567 +91%
Mean commute35 min +40%
All 10 work and pay measures
MeasureVictoriaAmong 6,645 placesVs median
Median household income1$195,639144% above
Income per person1$76,56791% above
Unemployment11.8%63% below
Average annual pay6County figure$76,44216% above
Pay growth, 1 year6County figure13.3%259% above
Jobs6County figure40,64173% below
Poverty rate12.1%81% below
Mean commute135 min40% above
Works from home133.3%168% above
Commutes by transit1County figure0.7%20% below
04

Who lives here

High school or higher is 99.3%, 8% above the median place.

High school or higher1
99.3%
8% above the median place
Homes with broadband1
98.2%
6% above the median place
Population change since 20207
17.9%
above the median place (median 1.1%)

More about who lives here, against the typical place

Bachelor's or higher66.4% 2.1×
Born abroad3.9% −56%
Household size2.8 +11%
Median age41.2 +6%
All 9 people measures
MeasureVictoriaAmong 6,645 placesVs median
Population111,2953744th largest
Population change since 2020717.9%above (median 1.1%)
Median age141.26% above
Bachelor's or higher166.4%107% above
High school or higher199.3%8% above
Household size12.811% above
Born abroad13.9%56% below
No health insurance1County figure2.1%67% below
Homes with broadband198.2%6% above
05

Life in Victoria

About 34 km of named paths and bike trails are mapped in and around the city, more than in 97% of the 2,301 places of 10,000 to 25,000 people we track.

2 sites are on the National Register of Historic Places. Its history on Wikipedia

  • Grimm, Wendelin, Farmstead listed 1974
  • Laketown Moravian Brethren's Church listed 1980

Out the door, against the typical place

Parks per 10k residents17.7 +74%
Playgrounds per 10k15.9 +69%
Grocery stores per 10k0.0 −100%
Restaurants, cafes and bars per 10k6.2 −44%
Libraries per 10k0.9 +2%
Named paths and bike trails34 km 17.1×
Bus and rail stops per sq mi0.1 −62%

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

National Park Service sites nearby

  • Mississippi National River and Recreation Area 32 miles
  • Saint Croix National Scenic Riverway 61 miles
  • Pipestone National Monument 144 miles

Businesses per 10,000 residents (county figures)

Restaurants and bars17.2 −17%
Shops20.6 −32%
Arts, recreation and fitness4.5 +10%
Doctors' offices and clinics15.5 −23%
Child care centers3.4 +48%

Counts businesses with paid staff, so small owner-run shops are not included.

Public schools13
1
89% below the median place
Public school students13
670
86% below the median place
Students per teacher13
16.8
9% above the median place
All 18 schools and local life measures
MeasureVictoriaAmong 6,645 placesVs median
Public schools13189% below
Public school students1367086% below
Students per teacher1316.89% above
Restaurants and bars per 10k9County figure17.217% below
Shops per 10k9County figure20.632% below
Arts, recreation and fitness per 10k9County figure4.510% above
Doctors' offices and clinics per 10k9County figure15.523% below
Child care centers per 10k9County figure3.448% above
Parks per 10k1017.774% above
Playgrounds per 10k1015.969% above
Grocery stores per 10k100.0below (median 2.1)
Restaurants, cafes and bars per 10k106.244% below
Libraries per 10k100.92% above
Named paths and bike trails1034.3above (median 2.0)
Transit stops per sq mi100.162% below
Nearest National Park Service site1132.04% above
National Park Service sites within 60 miles11150% below
National Register listings12285% below
06

Safety, weather and risk

January average low is 6°F, 77% below the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Victoria. Larger places are fetched first.

January average low14
6°F
77% below the median place
Average temperature14
45°F
18% below the median place
Natural hazard risk15
59.7
35% below the median place
All 10 weather and risk measures
MeasureVictoriaAmong 6,645 placesVs median
July average high14County figure82°F5% below
January average low14County figure6°F77% below
Average temperature14County figure45°F18% below
Annual precipitation14County figure31.9 in27% below
Natural hazard risk15County figure59.735% below
Tornado risk15County figure79.52% below
Wildfire risk15County figure39.336% below
Heat wave risk15County figure73.718% below
Median air quality index16Metro figure479% above
Good air days16Metro figure55.1%20% below
08

Victoria in 2030: where the trends point

If recent trends hold, the median rent will take about 15% of the median income in 2030, up from 14% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases. On projected 2030 affordability, Victoria does better than 85% of places. Its projected home value growth beats 23%.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$2,235/mo (2024)$3,000/mo$2,460 to $3,650/mo+5.0%
Median household income$195,639 (2024)$248,000$209,500 to $293,500+4.0%
Median home value$581,200 (2024)$818,000$594,000 to $1,127,000+5.9%
Population12,447 (2025)13,47012,920 to 14,040+1.6%

The median home would be worth 3.3 years of the median income in 2030, against 3.0 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Victoria

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
East Freehold, NJ$2,069$189,219Compare
Kinnelon, NJ$2,282$187,438Compare
Maple Glen, PA$2,201$181,103Compare
Trophy Club, TX$1,992$201,054Compare
Trophy Club, TXMaple Glen, PAKinnelon, NJEast Freehold, NJVictoria, MNVictoriaEast FreeholdKinnelonTrophy ClubVictoriaKinnelonMaple GlenTrophy Club

Places built like Victoria

Its statistical peers: the closest matches on size, age, education, homeownership, household size, housing age, origin and remote work, in the same part of the country. Cost and outcomes are left out of the match, so the table shows how Victoria performs against places like it.

PlaceRent to incomeIncome growthPop. change
Victoria, MN13.7%5.2%/yr17.9%
Minnetrista, MN25.8%-1.0%/yr14.5%Compare
Roxborough Park, CO22.5%5.2%/yrn/aCompare
Mahtomedi, MN16.5%3.1%/yr0.6%Compare
Medina, MN7.4%9.3%/yr8.8%Compare
Chanhassen, MN15.3%3.0%/yr-0.8%Compare
Carver, MN11.2%5.1%/yr35.0%Compare

Common questions

Is Victoria a good place to live?

It depends on what you need, so here is what the numbers say. Its Citytistics Index is 97 out of 100, better than 97% of the places we rate and 9th of 151 in Minnesota. OpenStreetMap shows 0 grocery stores per 10,000 residents, fewer than in 93% of the 2,301 places of 10,000 to 25,000 people we track. It is the lowest of 151 Minnesota places we track. On cost, space and class size it scores 97 out of 100 for families. See how it ranks with your own weights.

Is Victoria expensive to live in?

The median rent takes 13.7% of the median household income, against 20.4% in the typical place we track. Housing is a lighter load here than usual. The median home is valued at $581,200.

What salary do you need to live in Victoria?

To rent the median home without spending more than 30% of income on rent, a household needs about $89,400 a year. Work it out from your current city.

What places are similar to Victoria?

On income, rent, home value, education and age, the closest matches are East Freehold, NJ, Kinnelon, NJ, Maple Glen, PA and Trophy Club, TX.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. Population Estimates · US Census Bureau · Vintage 2025
  8. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  9. County Business Patterns · US Census Bureau · 2023 data
  10. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  11. National Park Service sites · Wikidata (CC0), units operated by the National Park Service · Retrieved 2026-11
  12. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  13. Common Core of Data · National Center for Education Statistics · 2024 release
  14. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  15. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  16. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Victoria with places of a similar size, using only figures measured for Victoria itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/victoria-minnesota

Citytistics. “Victoria, Minnesota.” Data as of 2026-11-14. https://www.citytistics.com/city/victoria-minnesota/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.