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ZipNumbers

Minnesota · Census place 28700

Heron Lake city, MN

Quick answer

Heron Lake city has 591 residents, ranking #464 of 914 places in Minnesota. Median household income is $66,607, the median home is worth $86,200 and median gross rent runs $681 a month.

Population
591Heron Lake city residents
Median household income
$66,607Past 12 months, inflation adjusted
Median home value
$86,200Owner-occupied units
Median gross rent
$681Rent plus utilities, monthly
Median age
40.4 yrsAll residents
Homeownership rate
85.3%Owner-occupied households

What the numbers mean in Heron Lake city

Housing cost measured against local earnings.

A household earning the Heron Lake city median would spend about 12.3% 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 1.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8% of residents and 85.3% 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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