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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.

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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?
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?
$90,700 (U.S. Census Bureau ACS 2023).
What percentage of Hoyt Lakes city residents have a college degree?
18.4% of adults in Hoyt Lakes city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
2,074
Median Income
$64,514
Median Home Value
$90,700
Poverty Rate
9.3%
Unemployment (ACS 2023)
15.7%
Median Age
42.0 yrs
Since 2019 Median Income: +$10,451 (+19.3%) Home Value: +$21,100 (+30.3%) Poverty Rate: +0.7 pp (+8.1%) Bachelor's+: +4.9 pp (+36.3%) Unemployment: +8.8 pp (+127.5%)

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.)
Mexican
5.1%
Puerto Rican
1.4%

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
< $10k
7.0%
$10–15k
0.6%
$15–25k
7.9%
$25–35k
10.2%
$35–50k
11.1%
$50–75k
18.3%
$75–100k
18.1%
$100–150k
19.1%
$150–200k
3.2%
$200k+
4.5%

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%
Home Value Distribution
< $50k
11.3%
$50–100k
51.9%
$100–200k
19.2%
$200–300k
6.8%
$300–500k
1.3%
$500k–$1M
2.4%
$1M+
0.8%
Gross Rent Distribution
< $500
7.3%
$500–1k
51.2%
$1.5–2k
41.5%
Vehicle Availability
No vehicle
3.0%
1 vehicle
31.3%
2 vehicles
52.1%
3+
13.5%
Housing Type
Single-fam. det.
97.0%
Single-fam. att.
0.5%
Mobile home
0.5%
Housing Age
Pre-1940
1.0%
1940–1969
3.0%
1970–1999
8.3%
2000–2009
2.0%
2010+
1.1%

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%
Industry
Edu/Health
25.3%
Retail
9.3%
Finance
8.6%
Prof. Services
8.1%
Transportation
7.1%
Wholesale
6.9%
Construction
6.4%
Arts/Entmt.
6.2%
Public Admin
5.6%
Agriculture
5.5%
Manufacturing
5.0%
Information
1.0%
Occupation
Management
33.0%
Sales
25.8%
Construction
16.8%
Production
14.0%
Food Prep
10.4%

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 5
3.6%
5–9
5.3%
10–14
10.7%
15–19
4.1%
20–24
10.3%
25–34
4.5%
35–44
18.2%
45–54
8.5%
55–64
7.7%
65–74
5.4%
75–84
10.0%
85+
9.5%
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

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