Is Russell a Good Place to Live?
Based on current data, Russell receives an overall livability score of 3.7 out of 5.0, earning a grade of B+. Key strengths include above-average household incomes, a low poverty rate. Areas to be aware of include high housing costs, above-average unemployment. Russell offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Russell is $123,000, which is significantly higher than the national average — 64% above $75,149. This places Russell among higher-income communities. The unemployment rate of 5.4% is somewhat elevated compared to the national rate of 3.6%. Only 3.6% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 30 minutes.
Cost of Living & Housing
The median home value in Russell is $552,000, making it a premium housing market at 96% above the U.S. median of $281,900. Renters pay a median of $1,240 per month. A price-to-income ratio of 4.5x indicates a reasonably affordable housing market.
Education
17.8% of residents hold a bachelor's degree, below the national average of 33.7%. 26.8% have completed high school.
Climate & Weather
Russell experiences four distinct seasons with an average temperature of 46°F. Winters average 23°F in January while summers reach 70°F in July. The area gets 228 sunny days per year. Annual precipitation totals 47.1 inches, including 69.8 inches of snow.