Hoyt Lakes, MN
Full City Profile · Minnesota · St. Louis County County
3.1
/5.0
B
Good
2,074
Population
37/sq mi density
$64,514
Median Income
$29,087 per capita
$90,700
Home Value
$115,070 Zillow
36°F
Avg Temperature
276 sunny days/yr
50
Violent Crime/100K
0 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$64,514 median income, 8.8% unemployment
A+
Affordability
5.0 / 5.0
$90,700 home value, /mo rent
C
Safety
2.0 / 5.0
50 violent crimes/100K
C
Education
2.5 / 5.0
18.4% bachelor's degree or higher
Income Overview
Median Household Income
$64,514
14% below
US avg: $75,149
Per Capita Income
$29,087
26% below
US avg: $39,052
Unemployment Rate
8.8%
144% above
US avg: 3.6%
Poverty Rate
9.3%
25% below
US avg: 12.4%
Income Comparison: Hoyt Lakes vs. U.S. Average
Each bar shows Hoyt Lakes’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$64,514
86%
Per Capita
US: $39,052
$29,087
74%
IRS Avg AGI
US: $72,000
$73,234
102%
Avg Weekly Wage
US: $1,432
$1,163
81%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,163
19% below US avg ($1,432)
Mean Commute Time
32 min
17% above US avg (28 min)
Work From Home
20.3%
34% above US avg (15.2%)
Drive Alone
66.7%
9% below US avg (73.2%)
Public Transit
0.8%
84% below US avg (5.0%)
County GDP
$13,874M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
66.7%
Public Transit
0.8%
Work From Home
20.3%
Other
12.2%
Average commute time
32 minutes
US avg: 28 min
Business Landscape
Total Establishments
5,646
Restaurants
557
Healthcare
843
Retail
793
Manufacturing
188
Tax & Financial
IRS Avg Adjusted Gross Income
$73,234
2% above US avg ($72,000)
Avg Property Tax
$5,326
52% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $64,514 |
| Per Capita Income | $29,087 |
| IRS Avg Adjusted Gross Income | $73,234 |
| Avg Weekly Wage | $1,163 |
| County GDP | $13,874M |
Hardship Indicators
| Unemployment Rate | 8.8% |
| Poverty Rate | 9.3% |
| Gini Coefficient | 0.453 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 32 minutes |
| Drive Alone | 66.7% |
| Public Transit | 0.8% |
| Work From Home | 20.3% |
Businesses
| Total Establishments | 5,646 |
| Restaurants | 557 |
| Healthcare | 843 |
| Retail | 793 |
| Manufacturing | 188 |
Tax
| IRS Avg AGI | $73,234 |
| Avg Property Tax | $5,326 |
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