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ZipNumbers

Minnesota · Census place 26828

Hammond city, MN

Quick answer

Hammond city has 125 residents, ranking #764 of 914 places in Minnesota. Median household income is $50,000, the median home is worth $139,600 and median gross rent runs $845 a month.

Population
125Hammond city residents
Median household income
$50,000Past 12 months, inflation adjusted
Median home value
$139,600Owner-occupied units
Median gross rent
$845Rent plus utilities, monthly
Median age
39.8 yrsAll residents
Homeownership rate
68.5%Owner-occupied households

What the numbers mean in Hammond city

Housing cost measured against local earnings.

A household earning the Hammond city median would spend about 20.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.6% of residents and 68.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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