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ZipNumbers

Minnesota · Census place 27530

Hastings city, MN

Quick answer

Hastings city has 22,050 residents, ranking #50 of 914 places in Minnesota. Median household income is $92,940, the median home is worth $294,100 and median gross rent runs $1,184 a month.

Population
22,050Hastings city residents
Median household income
$92,940Past 12 months, inflation adjusted
Median home value
$294,100Owner-occupied units
Median gross rent
$1,184Rent plus utilities, monthly
Median age
40.8 yrsAll residents
Homeownership rate
74.2%Owner-occupied households

What the numbers mean in Hastings city

Housing cost measured against local earnings.

A household earning the Hastings city median would spend about 15.3% 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 3.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.6% of residents and 74.2% 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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