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
Housing Overview
Median Home Value
$90,700
68% below
US avg: $281,900
Homeownership Rate
94.4%
44% above US avg (65.4%)
Total Housing Units
948
Median year built: 1956
Home Value by Source
Census Median
$90,700
Zillow (ZHVI)
$115,070
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
94.4%
Owner-Occupied
5.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Affordability & Housing Stock
Rent Burden
21.0%
of renters spending 30%+ of income on housing
32% below US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
94.4%
Complete Housing Data
Home Values
| Census Median Value | $90,700 |
| Zillow Home Value (ZHVI) | $115,070 |
Rent
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 94.4% |
| Renter-Occupied | 5.6% |
| Homeownership Rate | 94.4% |
| Total Housing Units | 948 |
| Median Year Built | 1956 |
| Rent Burden | 21.0% |
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