Is Hoffman Lake a Good Place to Live?
Based on current data, Hoffman Lake receives an overall livability score of 3.8 out of 5.0, earning a grade of B+. Key strengths include above-average household incomes, affordable housing, a low poverty rate, high health insurance coverage. Areas to be aware of include above-average unemployment. Hoffman Lake offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Hoffman Lake is $86,731, 15% above the national average of $75,149. Residents generally enjoy above-average earning potential. The unemployment rate of 6.3% is somewhat elevated compared to the national rate of 3.6%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 24 minutes.
Cost of Living & Housing
The median home value in Hoffman Lake is $200,500, 29% below the national median — offering relatively affordable homeownership. At just 2.3x median income, home prices are very affordable relative to local earnings.
Education
18.1% of residents hold a bachelor's degree, below the national average of 33.7%. 90.0% have completed high school. Area schools have an average test score of 6/10.
Climate & Weather
Hoffman Lake experiences four distinct seasons with an average temperature of 50°F. Winters average 25°F in January while summers reach 73°F in July. Annual precipitation totals 40.5 inches. Air quality is rated Good with a median AQI of 41.