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Real Estate Prices & Overview

Ruby Junction median real estate price is $188,267, which is less expensive than 89.6% of Minnesota neighborhoods and 80.9% of all U.S. neighborhoods.

The average rental price in Ruby Junction is currently $1,085, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 93.9% of Minnesota neighborhoods.

Ruby Junction is a rural neighborhood (based on population density) located in Hibbing, Minnesota.

Ruby Junction real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Ruby Junction neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Ruby Junction has a 12.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.7% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Modes of Transportation

While most Americans do drive to work alone each day, the Ruby Junction neighborhood stands out by having 93.2% of commuters doing so, which is a higher proportion of people driving alone to work than NeighborhoodScout found in 98.8% of all American neighborhoods.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Ruby Junction neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Ruby Junction neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 65.1% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.5% of U.S. neighborhoods. Less time commuting means more time for other things in life.

People

The Ruby Junction neighborhood stands out within Minnesota for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 8.8% of college-friendly places to live in MN.

Diversity

Did you know that the Ruby Junction neighborhood has more Finnish and Croatian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.8% of this neighborhood's residents have Finnish ancestry and 4.4% have Croatian ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Ruby Junction neighborhood in Hibbing are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 83.5% of U.S. neighborhoods. With 18.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.0% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Ruby Junction neighborhood, 30.7% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 26.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (25.4%), and 17.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Ruby Junction neighborhood is English, spoken by 92.8% of households. Some people also speak Polish (5.9%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Ruby Junction neighborhood in Hibbing, MN, residents most commonly identify their ethnicity or ancestry as German (18.1%). There are also a number of people of Swedish ancestry (11.9%), and residents who report Finnish roots (11.8%), and some of the residents are also of Italian ancestry (10.9%), along with some Norwegian ancestry residents (6.9%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Ruby Junction neighborhood spend under 15 minutes commuting one-way to work (65.1% of working residents), one of the shortest commutes across America.

Here most residents (93.2%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
Average Home Values
Rental Market
Housing Market Details
Neighborhood Setting
Economics & Demographics include:
Lifestyle & Special Character
Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
Employment Industries & Occupations
Income & Unemployment Rate
Higher Education Attainment
Crime includes:
Neighborhood Crime Index
Crimes Per Square Mile
Property Crime Comparison
Violent Crime Comparison
Schools include:
School Ratings
Schools In District
Public School Test Scores
School District Enrollment
Educational Expenditures

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