Victoria is a somewhat small city located in the state of Minnesota. With a population of 11,297 people and two associated neighborhoods, Victoria is the 98th largest community in Minnesota. There's nothing like the smell of a brand new house, and in Victoria, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Victoria, and putting down their money on brand new construction. Victoria’s real estate is, on average, some of the newest in the nation. Victoria does seem to be experiencing an influx of affluent people, because the median household income is $179,515.00. Victoria home prices are not only among the most expensive in Minnesota, but Victoria real estate also consistently ranks among the most expensive in America.Victoria is a decidedly white-collar city, with fully 91.37% of the workforce employed in white-collar jobs, well above the national average. Overall, Victoria is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Victoria who work in management occupations (17.97%), computer science and math (11.31%), and sales jobs (11.29%). Also of interest is that Victoria has more people living here who work in computers and math than 95% of the places in the US. Telecommuters are a relatively large percentage of the workforce: 26.05% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. In addition, Victoria is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums. Victoria is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Victoria’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.If knowledge is power, Victoria is a pretty powerful place. 67.71% of the adults in Victoria have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. The per capita income in Victoria in 2022 was $71,237, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $284,948 for a family of four. Victoria is a somewhat ethnically-diverse city. The people who call Victoria home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Victoria residents report their race to be White, followed by Asian. Important ancestries of people in Victoria include German, Norwegian, Irish, English, and European. The most common language spoken in Victoria is English. Other important languages spoken here include German/Yiddish and Spanish.
