City profile · Minnesota · Census ACS 2023

Hoyt Lakes, MN

Hoyt Lakes's Census ACS profile: residents, income, housing, and the joined public-record layers available for this place.

2,074
Residents
$64,514
Median income
$90,700
Median home
$1,125
Median rent (state)
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See how it ranks

State rank, size-class rank, and four peer cities for Hoyt Lakes.

Place dossier plate

Sheet MN-HOYT-LAKES-MN · Hoyt Lakes, MN 2,074 pop · income 42nd pct

POP-VILLAGE · INC-MID · COL-PAR · SAFE-UNK · RANK-MID · PHOTO-FINISH · HOME-LOW · BOOK-UNK

  • POP-VILLAGE 2,074
  • INC-MID $64,514
  • COL-PAR 98.6
  • SAFE-UNK Safety pending
  • RANK-MID 42nd
  • PHOTO-FINISH ≈ Charleston
  • HOME-LOW $90,700
  • BOOK-UNK Tracts pending

Nearest income peer: Charleston, WV ( $2 income $)

Instrument codes from this place’s ACS population and household income, BEA state COL, FBI safety, national income percentile, photo-finish peer city, home-value band, and matched Census-tract book - not a moving recommendation.

Income neighbourhood around Hoyt Lakes

Lowest/highest poles plus peers nearest Hoyt Lakes on median household income. Full ladder: /browse and /rankings.

median HH income

What this shows Neighbourhood peers only - not a full nationwide city board. Open a near peer when the gap is small; open the poles when the spread is wide.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2026-08-08

Compare beyond this state

Nationwide peers by population, income

Out-of-state nearest neighbors for Hoyt Lakes on ACS population and median household income . Link sets are deduped so each column is a distinct comparison path, not a forecast that peers share a labor market or climate.

Similar population

Nearest out-of-state cities by ACS population. This city: 2,074.

4 peers

Similar household income

Nearest out-of-state cities by ACS median household income. This city: $64,514. Population peers are excluded.

4 peers

Hoyt Lakes - the verdict

Nationally, Hoyt Lakes sits in the 42nd percentile for household income among US cities with a population of 1,000 or more. Source: Census ACS.

42nd
percentile, household income
7th
percentile, home value
36th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Hoyt Lakes, MN

Census ACS 2023 estimates count 2,074 residents in Hoyt Lakes, a small town within Minnesota. Households in Hoyt Lakes report a median income of $64,514 per year, below the median for U.S. cities on this measure, with a poverty rate of 9.3%. Hoyt Lakes's housing stock carries a median value of $90,700, and the median resident age is 42.2 years. About 18.4% of adults hold a bachelor's degree or higher, while 47.2% of working-age residents are in the labor force.

Housing supply pressure shows in Census Building Permit Survey data: 2 residential units were authorized in 2024 (Low Activity).

Minnesota tracks close to the national cost-of-living baseline: the state registers 98.6 on a 100-equals-national-average index (Near Average) per BEA Regional Price Parities 2024. Statewide, HUD pegs Fair Market Rent for a two-bedroom unit at $1,125 monthly. EIA 2023 residential energy data puts Minnesota's average monthly utility costs around $225 (state average). On FEMA's National Risk Index, this area rates 42.4 out of 100 for natural-hazard exposure (Low).

A decision-led reading path

Useful questions to ask of Hoyt Lakes's data

How this reading path is ordered

This is not a composite city score. It is a city-specific route through the available public records, ordered for this profile so the page starts with questions the joined data can actually answer. The route here runs from population change to work and mobility to comparison shortlist to housing and income; another city can have a different sequence or fewer supported layers because the source joins are not uniform.

For Hoyt Lakes, city-specific coverage includes annual population history, commute-mode shares, local building permits. No matched row is reported here for FBI reported-crime rates, within-city Census tract profiles, matched public-school count; the page leaves those layers out instead of substituting a statewide or national value.

Question 1

Is Hoyt Lakes growing, shrinking, or holding steady?

Census PEP estimates show the population declined by -37 residents from 2020 to 2025, a -1.8% change. Separately, Census BPS recorded 2 housing units authorized in 2024. PEP and ACS are different Census series, so the trend is kept separate from the headline ACS population.

Recent estimates point downward. A falling count can reflect migration, household size, annexation boundaries, or estimation noise, so it is a prompt to inspect the full series rather than a claim about local economic health.

See the national growth ranking →

Question 2

What does the journey to work look like in Hoyt Lakes?

Driving alone is the largest reported mode at 66.7%. A reliable mean commute time is not available for this row, so the mode shares carry the comparison.

Mode share answers how workers usually travel; it does not measure congestion, reliability, distance to a particular job, or the quality of transit service. Remote work has a visible role in the local pattern. That can reduce commute exposure for some workers, but it says nothing about job availability or broadband quality; read it alongside income and housing rather than as a stand-alone lifestyle score.

Compare commute patterns →

3. Comparison shortlist

Which cities make useful reference points for Hoyt Lakes?

Use the in-state set to hold state policy and broad price conditions more nearly constant. Use the nationwide size set to ask whether cities with a similar resident count produce different housing, income, or commute outcomes. The income set is a third lens, deliberately separate from population matching.

Within Minnesota, the closest population matches are Gaylord (2,074 residents, $60,500 income); Warroad (2,067 residents, $50,685 income); Esko (2,063 residents, $116,406 income). Outside the state, the closest population matches in this dataset are Lexington, IL (2,074 residents); Monroe, IA (2,074 residents); Madison, NE (2,074 residents). A third, income-matched reference set of 6 out-of-state cities sits in the income neighbourhood chart near the Place Dossier plate. These are mechanical peer sets, not claims that the places share a labor market, climate, culture, or metro context.

Open a side-by-side comparison →

4. Housing and income

How far does income reach against housing in Hoyt Lakes?

This is a citywide price-to-income reference, not a mortgage-affordability test; it does not include interest rates, taxes, insurance, household size, or an individual buyer's down payment. The ratio makes housing the clearest place to start this profile, but a low multiple can coexist with slow demand, older stock, or household-level hardship. Compare the home-value distribution and same-state peer table before treating it as an advantage.

The home-value-to-income reference is relatively compact: the ACS median home value is 1.4 times median household income. The ACS poverty estimate is 9.3%, which keeps the citywide median from describing every household.

Compare the housing trade-off →

Population

2,074 residents

Micro place (under 10k)

Median Household Income

$64,514 /yr

Below median income · poverty 9.3% (Above-median poverty)

Cost of Living Index (state)

98.6 (US=100)

Above-average cost · BEA RPP 2024, Minnesota average

City profile score · Hoyt Lakes, MN

40/100

4 published dimensions · ACS/FBI 2023

Comparative score against U.S. cities with population of 1,000 or more on Census ACS medians (income, poverty, bachelor's share, cost of living) and FBI UCR violent-crime rates when published. Higher means a stronger standing on those published figures, not a livability rating, not a recommendation to move, buy, or pick a "best" city. Missing inputs drop out and redistribute weight. How it is calculated.

Cost of living D
98.6 index

BEA state Regional Price Parities index (100 ≈ national average); lower is stronger on this axis. Same value for every city in the state.

Poverty rate D
9.3%

Share of residents below the poverty line; lower scores better on this axis.

Household income D
$64,514

Median household income vs U.S. cities (pop ≥1,000); ACS.

Bachelor's+ share F
18.4%

Adults with a bachelor's degree or higher; ACS.

Violent crime N/A
N/A

No FBI UCR violent-crime rate for this place (coverage is incomplete).

Hoyt Lakes profile (scored ACS/FBI dimensions) 4-axis radar comparing 1 series across Cost of living, Poverty rate, Household income, Bachelor's+ share. Cost of livingPoverty rateHousehold incomeBachelor's+ share 40 D
Hoyt Lakes profile (scored ACS/FBI dimensions)
Read the chart values
  • Cost of living: 46/100 (D) · 98.6 index
  • Poverty rate: 42/100 (D) · 9.3%
  • Household income: 41/100 (D) · $64,514
  • Bachelor's+ share: 30/100 (F) · 18.4%

How does Hoyt Lakes compare to other US cities?

Where Hoyt Lakes sits among all US cities (population 1,000+) on each measure, computed live from Census and FBI data.

Household income 42% higher than other cities
Home value 7% pricier than other cities
Median rent 36% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

Each percentile compares Hoyt Lakes against every qualifying US city; each in-state rank narrows that to Minnesota only. Full formula and direction notes: methodology.

Minnesota-relative analysis

Median Gross Rent places Hoyt Lakes near the bottom of Minnesota's cities

Among the 785 Minnesota cities PlainCities tracks with reported median gross rent data, Hoyt Lakes ranks #1 - the 0th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Hoyt Lakes only against its own state's cities, not the full US field.

Median Household Income
#445 of 775
43rd percentile in Minnesota
Median Gross Rent
#1 of 785
0th percentile in Minnesota
Median Home Value
#672 of 774
13th percentile in Minnesota
Poverty Rate
#220 of 785
71st percentile in Minnesota
Bachelor's Degree or Higher
#464 of 784
41st percentile in Minnesota
How in-state ranks are ordered

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Minnesota only, not a livability score. See the methodology for the source and calculation.

42ndIncome percentile
Gauge source note

42nd percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Hoyt Lakes's home value compares nationally

Median home value vs. every US city (population 1,000+)

$90,700 Among the most affordable more affordable than 93% of 15,600 US cities

Show national distribution $0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). This entry sits in this band. $100,000–$125,000: 1,516 US cities (10%). Above this entry. $125,000–$150,000: 1,170 US cities (8%). Above this entry. $150,000–$175,000: 1,278 US cities (8%). Above this entry. $175,000–$200,000: 1,229 US cities (8%). Above this entry. $200,000–$225,000: 1,035 US cities (7%). Above this entry. $225,000–$250,000: 976 US cities (6%). Above this entry. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Hoyt Lakes $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Hoyt Lakes's home-value-to-income ratio: 1.4×

ACS median home value divided by median household income.

Band
affordable
< 3.0×
National rank
#278 of 15,516
More affordable than 98% of tracked cities (pop. 1,000+)
Size class
#274 of 11,323
Micro cities (under 10,000)

At 1.4×, Hoyt Lakes sits in the affordable band: national rank #278 of 15,516 and #274 of 11,323micro cities (under 10,000). The multiple is comparatively compact among tracked cities, but a low ratio can still coexist with slow demand or household-level hardship.

How this ratio is calculated

Ratio = Census ACS 2023 median home value ÷ median household income for cities with both fields and population ≥ 1,000. Rank 1 = lowest ratio (most compact). Bands match the fleet affordability thresholds used on guides (<3.0 / 3.0–5.0 / >5.0). This is not a mortgage payment estimate and does not include rates, taxes, insurance, or down payment.

Income distribution context

$64,514 Hoyt Lakes, MN median household income (Census ACS)

Show U.S. national quintile / Lorenz context Household income distribution - Hoyt Lakes, MN Hoyt Lakes, MN's median household income ($64,514) against the U.S. national quintile-share pattern. The Lorenz curve and quintile bars are national context, not Hoyt Lakes, MN-specific shares. $ Household Income Distribution Hoyt Lakes, MN median $64,514/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Hoyt Lakes, MN median household income (Census ACS 5-year) with U.S. national quintile shares for context. Diagonal = equality; the curve is national, not computed for Hoyt Lakes, MN.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 18.4%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 9.3%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 47.2%

Census ACS S2301, share of working-age residents in the labor force

Population
2,074
Median Income
$64,514
Median Home Value
$90,700
Median Age
42.2
Poverty Rate
9.3%
Labor force participation
47.2%
Bachelor's Degree+
18.4%

Population Change

PEP vintage

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
1,960 residents1,980 residents2,000 residents2,020 residents 202020212022202320242025 2,015 residents 1,978 residents ▼ -1.8%
Hoyt Lakes's Census PEP population estimates, 2020–2025.
Read the chart as text
Period Population
2020 2,015 residents
2021 2,006 residents
2022 2,002 residents
2023 1,990 residents
2024 1,986 residents
2025 1,978 residents

Housing Supply

BPS source

Census Bureau Building Permits Survey (BPS) - annual residential permits authorized

🏗️ Low Activity
Total Permits (2024)
2
housing units authorized
Single-Family
2
detached homes
Multifamily
0
apartments & condos
Supply Intensity
1
permits per 1,000 residents

5-Year Permit Trend (2019–2024)

Year Total
2019 0
2020 1
2021 1
2022 0
2023 4
2024 2

Commute Patterns

Commute source

How workers travel to work, Census ACS 2023

Drive Alone
66.7%
Carpool
12.2%
Public Transit
0.8%
Walk
0.0%
Work from Home
20.3%

Based on 738 workers 16 and over.

Monthly Utility Costs

Minnesota statewide monthly utility average (EIA 2023): $225

EIA 2023 residential energy data puts average monthly utilities across Minnesota at $225 (electricity about $95 , water and sewer about $45 ).

These are Minnesota statewide averages, not a meter reading for Hoyt Lakes. Actual bills vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Minnesota's BEA cost-of-living index is 98.6 (Near Average; US average = 100, RPP 2024). HUD Fair Market Rent for a typical two-bedroom in the county around Hoyt Lakes is $1,125/mo. FEMA's National Risk Index, averaged to Minnesota statewide on PlainCities, rates natural-hazard exposure at 42.4 / 100 (Low).

Cost/risk geography note

Cost of living is a Minnesota statewide BEA average; rent is a county-level HUD Fair Market Rent for the county Hoyt Lakes sits in; the FEMA hazard score shown here is a statewide average of county NRI inputs, not a parcel-level reading.

How Hoyt Lakes compares to similar-size Minnesota cities

Same-state peer method

Closest same-state population matches, not geographic neighbors. Population + median household income come from Census Bureau ACS 5-year B01001 and B19013.

City Population Median Household Income
Hoyt Lakes (this city) 2,074 $64,514
Gaylord 2,074 $60,500
Warroad 2,067 $50,685
Esko 2,063 $116,406
Census BPS 2024
Primary sources on this page

Source: U.S. Census Bureau ACS 5-Year 2023, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES. Joins use OMB Bulletin 23-01 / FIPS keys.

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Estimate caveats

ACS and UCR figures are citywide estimates with vintage lags; they do not replace a local visit, school visit, or insurance quote.

Editorial standards, provenance, and how to cite this page

Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.

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