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ZipNumbers

Minnesota · Census place 28682

Hermantown city, MN

Quick answer

Hermantown city has 10,192 residents, ranking #100 of 914 places in Minnesota. Median household income is $92,026, the median home is worth $374,000 and median gross rent runs $1,375 a month.

Population
10,192Hermantown city residents
Median household income
$92,026Past 12 months, inflation adjusted
Median home value
$374,000Owner-occupied units
Median gross rent
$1,375Rent plus utilities, monthly
Median age
37.8 yrsAll residents
Homeownership rate
75%Owner-occupied households

What the numbers mean in Hermantown city

Housing cost measured against local earnings.

A household earning the Hermantown city median would spend about 17.9% 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 4.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.1% of residents and 75% 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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