Hoyt Lakes city, Minnesota
City
Population: 2,074
(2023 estimate)
Located in
Minnesota , Minnesota
Census Bureau data for Hoyt Lakes city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Hoyt Lakes city
- What is the median household income in Hoyt Lakes city?
-
The median household income in Hoyt Lakes city is $64,514 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Hoyt Lakes city?
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The poverty rate in Hoyt Lakes city is 9.3% (U.S. Census Bureau ACS 2023).
- What is the median home value in Hoyt Lakes city?
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$90,700 (U.S. Census Bureau ACS 2023).
- What percentage of Hoyt Lakes city residents have a college degree?
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18.4% of adults in Hoyt Lakes city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Demographics
Total Population
2,074
Median Age
42.0
Female
47.8%
Race & Ethnicity
Hispanic or Latino 6.6%
White (non-Hisp.) 88.3%
Two or More 5.7%
Hispanic Subgroups (% of total pop.)
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$64,514
±$16,321
-$23,042 vs. state
Per Capita Income
$83,054
Median Family Income
$77,234
Poverty Rate
9.3%
+3.8 pp vs. state
Child Poverty Rate
7.5%
Working-Age Poverty Rate
—
SNAP Recipients
7.8%
Social Security Income
—
Retirement Income
40.0%
Household Income Distribution
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
941
Owner-Occupied
94.4%
Renter-Occupied
5.6%
Vacancy Rate
12.5%
Median Home Value
$90,700
-$214,800 vs. state
Median Gross Rent
—
Owner Cost Burden (30%+)
14.4%
Renter Cost Burden (30%+)
17.1%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
94.9%
Bachelor's or Higher
18.4%
-20.4 pp vs. state
Graduate Degree
5.0%
Some College / Associate
28.8%
Less Than High School
0.9%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
56.0%
Unemployment Rate
15.7%
+11.8 pp vs. state
Work from Home
20.3%
Self-Employed
3.3%
Government Workers
14.7%
Private For-Profit
82.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
32.4 min
Drove Alone
66.7%
Carpool
12.2%
Public Transit
0.8%
Work from Home
20.3%
Walked
0.0%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
823
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
52.5%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
24.1%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 18: 22.5%
Working age (18–64): 77.5%
65 and over: 21.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
0.4%
Naturalized Citizen
100.0%
Speaks English Less Than Very Well
0.0%
Veterans & Disability
Veteran
12.8%
With a Disability
16.6%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
96.1%
Uninsured
3.9%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
88.9%
Has a Computer
91.9%
Same House 1 Year Ago
95.7%
Moved from Abroad
0.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023