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AREA INFORMATION

Hoyt Lakes, MN

Explore the real estate in Hoyt Lakes, MN

Area Highlights

Hoyt Lakes, MN residents have a median age of 42.8 years old, with employment highest in the production occupations and transportation industries.

2,043 Population

The population has increased by 1.1% since the year 2010.

920 Households

$61,353 /yr
Median Household Income

$130,000
Median Home Sale Price

29m Median Commute Time

Most people in this area drive to work.

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

42.8 Median Age

Average Household Size

2.2
persons per
household

54%

Married Households

Community Population By Education

High School Graduate 34%
Some College 29%
Associates Degree 19%
Bachelors Degree 11%
Some High School 5%
Graduate Degree 3%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 33.6% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
30.5% of households have children

Economics

$61,353 /yr
Median Household Income
$130,000
Median Sales Price
29 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 22.5% of the households.

Transportation to Work

  • Drive 88%
  • Work from Home 11%
  • Public Transit 1%
  • Walk or Bike 1%

Occupancy by Type

Owned 856 83%
Vacant 114 11%
Rented 64 6%

White vs Blue Collar Jobs







White Collar 57%
Blue Collar 43%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 42.8 years old. The smallest percentage group is 35-44 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 93%
Hispanic 2%
Native American <1%
Other <1%
Asian <1%
Black <1%
The most prevalent ethnicity is White at 93%, followed by Hispanic at 2%, Native American at <1%, and Other at <1%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

78° July
Hottest Average Month
-7° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
-7°
16°
Feb
-2°
23°
Mar
11°
35°
Apr
26°
51°
May
38°
65°
Jun
47°
73°
Jul
52°
78°
Aug
50°
75°
Sep
41°
65°
Oct
31°
52°
Nov
17°
34°
Dec
1°
21°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

$79,900
For sale
3 beds • 1 baths • 1,022 sqft

315 Arlington Rd
Hoyt Lakes, MN 55750

$104,900
For sale
2 beds • 1 baths • 1 half baths • 1,512 sqft

209 Dorchester Dr
Hoyt Lakes, MN 55750

$149,900
For sale
4 beds • 2 baths • 1,840 sqft

313 Brandon Rd
Hoyt Lakes, MN 55750

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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