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ZipNumbers

Minnesota · Census place 28124

Hector city, MN

Quick answer

Hector city has 1,111 residents, ranking #349 of 914 places in Minnesota. Median household income is $59,762, the median home is worth $124,100 and median gross rent runs $1,108 a month.

Population
1,111Hector city residents
Median household income
$59,762Past 12 months, inflation adjusted
Median home value
$124,100Owner-occupied units
Median gross rent
$1,108Rent plus utilities, monthly
Median age
38.5 yrsAll residents
Homeownership rate
75.1%Owner-occupied households

What the numbers mean in Hector city

Housing cost measured against local earnings.

A household earning the Hector city median would spend about 22.2% 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 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.9% of residents and 75.1% 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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