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ZipNumbers

Minnesota · Census place 29294

Hinckley city, MN

Quick answer

Hinckley city has 1,665 residents, ranking #290 of 914 places in Minnesota. Median household income is $41,979, the median home is worth $165,200 and median gross rent runs $1,004 a month.

Population
1,665Hinckley city residents
Median household income
$41,979Past 12 months, inflation adjusted
Median home value
$165,200Owner-occupied units
Median gross rent
$1,004Rent plus utilities, monthly
Median age
44.5 yrsAll residents
Homeownership rate
57.2%Owner-occupied households

What the numbers mean in Hinckley city

Housing cost measured against local earnings.

A household earning the Hinckley city median would spend about 28.7% 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 3.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18% of residents and 57.2% 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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