Is Ericson a Good Place to Live?
Based on current data, Ericson receives an overall livability score of 4.5 out of 5.0, earning a grade of A+. Key strengths include low unemployment, a highly educated population, affordable housing, a low poverty rate. Areas to be aware of include below-average incomes, high obesity rates. Ericson stands out as an excellent place to live, with strong marks across most quality-of-life indicators.
Economy & Jobs
The median household income in Ericson is $53,333, 29% below the national average of $75,149. The job market is very strong with unemployment at just 0.0%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 22 minutes.
Cost of Living & Housing
The median home value in Ericson is $112,500, 60% below the national median — offering relatively affordable homeownership. Renters pay a median of $485 per month, below the national average — a plus for affordability. At just 2.1x median income, home prices are very affordable relative to local earnings.
Education
Educational attainment is solid, with 41.7% holding a bachelor's degree or higher, near the national average. 94.2% have completed high school. Area schools have an average test score of 5.8/10.
Climate & Weather
Ericson experiences four distinct seasons with an average temperature of 48°F. Winters average 23°F in January while summers reach 73°F in July. Annual precipitation totals 26.6 inches. Air quality is rated Good with a median AQI of 32.