What is the median home price in Proctor?

The median home price in Proctor, Proctor city, Minnesota is $196,200, which is 30% below the national average of 281,900 ($281,900).

Proctor, Proctor 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 Proctor?

The median household income in Proctor, Proctor city, Minnesota is $80,385, which is 8% above the national average of 74,580 ($74,580).

What is the average rent in Proctor?

The median rent in Proctor, Proctor city, Minnesota is $799 per month. The national average median rent is $1,163/month.

What is the population of Proctor?

The population of Proctor, Proctor city, Minnesota is approximately 3,113. The homeownership rate is 73.7% (national average: 65.9%).

What is the unemployment rate in Proctor?

The unemployment rate in Proctor, Proctor city, Minnesota is 2.4%. The national average unemployment rate is 3.7%. The poverty rate is 5.9% (national average: 12.4%).

Proctor

Proctor city, Minnesota

Affordable

About Proctor

Looking for a small-town feel without sacrificing your hard-earned dollars? Proctor, Minnesota, is a hidden gem where affordability reigns supreme. With a median home value of just $196,200, this charming community offers a significant discount compared to the national average. But it's not just about the price tag. Proctor boasts a strong sense of community and a relaxed pace of life, perfect for those seeking a break from the hustle and bustle. The median household income of $80,385 reflects a comfortable standard of living, allowing residents to enjoy the simple pleasures of life without financial stress.

From an investment perspective, Proctor presents an attractive opportunity. The housing market is stable, and the demand for affordable housing remains consistently high. While specific unemployment figures aren't available, the strong median income suggests a healthy job market. Though the walk score is average, you're never far from the essentials. Proctor is an ideal choice for first-time homebuyers, young families, and those looking to downsize and enjoy a more relaxed lifestyle. It's a place where you can build equity, enjoy a strong community, and still have money left over to explore the beautiful Minnesota landscape.

Proctor, Minnesota at a Glance

Proctor is a city in Proctor city, Minnesota with a population of approximately 3,113. The median home value is $196,200 and the median household income is $80,385.. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average.. Median rent is $799 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.