5 Reasons to Consider Living in Minneapolis

5 Reasons to Consider Living in Minneapolis

Minneapolis is the larger of the Twin Cities and a world class city drawing residents from around the world. This city is world famous for a number of reasons, but it is also notable for its deeply engaged local community. Let’s look at the top five reasons to consider living in Minneapolis.

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Employment Opportunities

Minneapolis has a very strong, diverse economy, which is why Minneapolis has long enjoyed an unemployment rate lower than that of the rest of the United States.

There are jobs in commerce, finance, rail, trucking, medicine, agricultural products and manufacturing. Five Fortune 500 corporations have headquarters in Minneapolis. It is the largest center of commerce between Chicago and Seattle, but without Chicago’s crime problem or Seattle’s expensive real estate.

Several foreign companies, including Accenture and Canadian Pacific, have offices in Minneapolis. Major employers in the medical sector include Abbott Northwestern Hospital, the University of Minnesota Medical Center and Shriner’s Hospitals for Children. The world famous Mayo Clinic is an hour drive from Minneapolis.

Real Estate Prices

Minneapolis real estate is affordable, and it becomes a great deal when you realize you get the same quality of life and high livability index scores as San Francisco but at a much lower price. Another benefit of Minneapolis’ location along the Mississippi River and Minnesota River is the abundance of waterfront real estate without the risk of hurricanes and very low risk of flooding.

One of the interesting trends of Minneapolis is how compact the urban area is. About half the population works in the city where they live, and most of the rest are commuting to St. Paul. Minneapolis has a light rail system and bus network to reduce reliance on cars and has ended up limiting suburban sprawl. There are several suburbs of Minneapolis, and Money Magazine rated Minneapolis suburb Eden Prairie one of the best places to live in the United States.

Culture

Minneapolis was home to the late musician Prince, but it has also been the launching pad of musicians like Bob Dylan. The city is an epicenter of folk music, alternative rock and funk. The city offers more than a literally rocking music scene. It is home to the Guthrie Center and has a strong public television network featuring local shows that get broadcast nationwide. Minneapolis is second only to New York City in the number of live theaters per capita. It has the third largest theater market, coming in only after New York City and Chicago.

The Walker Art Center is one of the five biggest modern art museums in the United States. The Weisman Art Museum opened in 1993. The city is also home to the Minneapolis Institute of Art. USA Today rated the Northeast Minneapolis Arts District the best in the country in 2015.

Sports

Minneapolis is notable for its sports teams. It is home to both an NBA and WNBA team. The Minnesota Twins baseball team and Minnesota Vikings NFL team are based out of Minneapolis. The Minnesota Wild, a National Hockey League team, plays in neighboring St. Paul.

Education

A large segment of the Minneapolis economy is dedicated to education. The University of Minnesota’s Minneapolis campus had the fourth largest student body in the nation in 2010. Augsburg College, Northcentral University and the Minneapolis College of Art and Design are located here. There are several trade schools in Minneapolis such as the Art Institutes and the private Dunwoody College of Technology. St. Mary’s University of Minnesota, University of St. Thomas and Capella University have campuses here.

Minneapolis offers a wide array of job opportunities. It gives residents a broad and deep culture scene, sports venues and educational opportunities. And Minneapolis does this while offering very affordable real estate given the livability of the city.

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