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ZipNumbers

Minnesota · Census place 27116

Hardwick city, MN

Quick answer

Hardwick city has 199 residents, ranking #688 of 914 places in Minnesota. Median household income is $37,917, the median home is worth $75,000 and median gross rent runs $646 a month.

Population
199Hardwick city residents
Median household income
$37,917Past 12 months, inflation adjusted
Median home value
$75,000Owner-occupied units
Median gross rent
$646Rent plus utilities, monthly
Median age
28.4 yrsAll residents
Homeownership rate
48.8%Owner-occupied households

What the numbers mean in Hardwick city

Housing cost measured against local earnings.

A household earning the Hardwick city median would spend about 20.4% 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.6% of residents and 48.8% 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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