Luverne
Luverne city, Minnesota
Alright, let's talk about Luverne, Minnesota. Nestled in Rock County, this charming town offers a slice of Americana with a refreshing dose of affordability. Forget the sticker shock of the national housing market, where the median home value hovers around $350,000. In Luverne, you're looking at a median home value of just $173,800. That's right, you can get a lot of house for your money here, making it an excellent option for first-time homebuyers or those seeking a more relaxed pace of life. With a population of just under 5,000, Luverne has a close-knit community feel where neighbors know each other and front porches are for more than just show.
From an investment perspective, Luverne presents a solid opportunity. While the median household income of $66,394 is slightly below the national average, the low cost of living more than compensates. The local economy is stable, and the crime rate is exceptionally low, making it a safe haven for families. Luverne is best suited for those seeking a quiet, family-friendly environment with a focus on community. If you're tired of the hustle and bustle of city life and crave a place where you can truly put down roots without breaking the bank, Luverne should be at the top of your list.
Luverne, Minnesota at a Glance
Luverne is a city in Luverne city, Minnesota with a population of approximately 4,910. The median home value is $173,800 and the median household income is $66,394.. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average.. Median rent is $768 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$173,800
Median Income
$66,394
Population
4,910
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Excellent
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- Population
- 4,910
- Median Age
- N/A
- Median Household Income
- $66,394
11% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 9.3%
25% below nat'l avg
- Median Home Value
- $173,800
38% below nat'l avg
- Median Rent
- $768
34% below nat'l avg
- Homeownership Rate
- 72.1%
9% above nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.2 per 1K
67% below nat'l avg
- Property Crime Rate
- 5.7 per 1K
70% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 2.2%
41% below nat'l avg
- Poverty Rate
- 9.3%
25% below nat'l avg
Political Landscape
→ Politically stable
Based on Benton County county-level presidential election data
Culture & Things to Do in Luverne
Rock County Fair
Annual county fair featuring agricultural exhibits, carnival rides, and entertainment.
Luverne Summer Celebration
A community festival with parades, live music, and family activities.
Christmas in the Park
Holiday event with light displays and festive activities in Blue Mounds State Park.
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