City profile · Minnesota · Census ACS 2023

Hoyt Lakes, MN

Population, income, housing, safety, climate and schools for Hoyt Lakes - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

2,074
Residents
$64,514
Median income
$90,700
Median home
$1,232
Median rent (state)

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
39th
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. The typical household in Hoyt Lakes brings in $64,514 a 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 $1,232 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 91.6 out of 100 for natural-hazard exposure (Very High).

Population

2,074 residents

Census ACS 2023 - Minnesota

Median Household Income

$64,514 /yr

Poverty 9.3%

Cost of Living Index (state)

98.6 (US=100)

Near Average - BEA RPP 2024, Minnesota average

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 39% 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 Home Value places Hoyt Lakes toward the bottom of Minnesota's cities

Among the 774 Minnesota cities PlainCities tracks with reported median home value data, Hoyt Lakes ranks #672 - the 13th 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
#204 of 785
70th 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

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

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

$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

Income distribution context

Household income distribution - Hoyt Lakes, MN Hoyt Lakes, MN's reported median household income shown against the U.S. national quintile-share pattern (not Hoyt Lakes, MN-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ 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's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Hoyt Lakes, MN. Diagonal = perfect equality.

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

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.

Housing Supply

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

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

State-average estimates for Minnesota - EIA 2023 residential energy data

Electricity
$95
avg/month
Natural Gas
$85
avg/month
Water & Sewer
$45
avg/month
Total Utilities
$225
estimated/month

Estimates reflect Minnesota state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Minnesota state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Hoyt Lakes sits in

Cost of Living Index
98.6
Near Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,232/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
91.6 / 100
Very High
FEMA NRI composite score (county)

Similar Cities in Minnesota

Gaylord
2,074 people
Warroad
2,067 people
Esko
2,063 people
Hawley
2,086 people
Slayton
2,089 people
Eyota
2,090 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Hoyt Lakes's 2,074 residents (Census ACS 5-Year 2023).

Lexington, IL
2,074 people
Monroe, IA
2,074 people
Madison, NE
2,074 people
Moriarty, NM
2,074 people
Caln, PA
2,074 people
North Warren, PA
2,074 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Hoyt Lakes's $64,514 (Census ACS 5-Year 2023, table B19013).

Charleston, WV
$64,512 median income
Blountville, TN
$64,509 median income
Millbrook, AL
$64,522 median income
Melbourne, FL
$64,504 median income
Orleans, IN
$64,504 median income
New Buffalo, MI
$64,524 median income

Race & Ethnicity Composition

Race and ethnicity - Hoyt Lakes, MN Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Hoyt Lakes, MN - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 90.9% ETHNICITY, Hispanic or Latino (any race) 6.6% White 90.9% Black or African American 0.0% Asian 0.0% American Indian 3.4% Native Hawaiian 0.0% Some other race 0.0% Two or more races 5.7% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Hoyt Lakes compares to nearby Minnesota cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

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 ACS 5-year FIPS MN Census BPS 2024 OMB Bulletin 23-01

What do people ask about Hoyt Lakes, MN?

What is the population of Hoyt Lakes, MN? +

Hoyt Lakes, MN has a population of 2,074 according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Hoyt Lakes, MN? +

Median annual household income in Hoyt Lakes runs $64,514, based on Census ACS 2023 data.

What is the cost of living in Hoyt Lakes? +

BEA does not publish a city-level cost-of-living figure for Hoyt Lakes; the closest available measure is the Minnesota state average, a cost of living index of 98.6 (U.S. average = 100), rated "Near Average" based on BEA Regional Price Parities 2024 data. Costs within Minnesota vary by metro area.

What is the median home value in Hoyt Lakes, MN? +

Homes in Hoyt Lakes carry a median value of $90,700, according to Census ACS 2023 estimates.

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.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

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

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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.