St. Louis Park, Minnesota, is a fantastic place to live. Located in Hennepin County, this smaller/midsized city has a population of approximately 45,043 people. Particularly, St. Louis Park is part of a series of suburbs surrounding the Twin Cities metro area. It has 15 constituent neighborhoods and is the 20th largest community in Minnesota. Notably, the St. Louis Park public school system is highly rated. Overall, St. Louis Park is one of the best places to live within Minnesota.
Below we will briefly discuss some of the top benefits of living in St. Louis Park, Minnesota.
Perfect Balance Between City Living and Suburban Life
St. Louis Park offers the perfect balance between city living and suburban life. It is easily accessible to the central business district, many restaurants, upscale shopping entertainment, and plenty of green spaces. Overall, it is an ideal location for those who want to live near the bustling downtown area but not directly within the city.
Cost of Living in St. Louis Park, Minnesota is Reasonable
The cost of living in St. Louis Park, Minnesota, is comparable to that of Minnesota in general. However, the housing trend is more affordable than living within the city. Compared with other suburbs in the area, St. Louis Park is moderate when comparing home prices.
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St. Louis Park Minnesota Real Estate is Competitive
According to Redfin, the St. Louis Park Minnesota real estate market is very competitive. At the moment, you will find quite a few homes in St. Louis Park received multiple offers, and currently the average home stays on the market for approximately 22 days before going pending.
The median sale price is around $341,500 in St. Louis Park. The average rent in St. Louis Park, Minnesota, is roughly $1600. However, this number can vary depending upon the type of lifestyle sought. If you’re seeking a more luxurious lifestyle, these types of newer homes to choose from. You will find a large amount of the homes in St. Louis Park were built in the 1940’s and 1950’s.
Employment Opportunities in St. Louis Park, Minnesota
St. Louis Park is home to numerous corporations. Such as; Bell Bank, Regency, Sentage, Park Nicollet Health Services, Healthland, and aAllies Interstate.. Almost 90% of the workforce holds corporate jobs, which is well above the US average. There are particularly a lot of residents in St. Louis Park who work in business/financial jobs, management jobs, and sales jobs. Additionally, in St. Louis Park, more residents work in the computers and math industries than 95% of other areas of the country.
Overall, St. Louis Park is a beautiful place to live. It offers the benefits of living close to the Twin Cities with the convenience of suburban life. St. Louis Park offers a little bit for everyone to enjoy.
If you’re looking to buy a sell a condo, a townhome or a single-family home in or near St. Louis Park, please feel free to contact RE/MAX Results – Shannon Lindstrom, Realtor @ 612-616-9714 or visit www.ShannonLindstromRealtor.com today!