Minnesota · Census place 30302
Hoyt Lakes, MN population, income and ZIP codes
Quick answer
The population of the city of Hoyt Lakes, Minnesota (Hoyt Lakes, MN — Census place “Hoyt Lakes city”) is 2,074 residents, ranking #256 of 914 places in Minnesota. Median household income is $64,514, the median home is worth $90,700 and median gross rent runs — a month. Looking for the Hoyt Lakes Minnesota ZIP code list? 1 ZIP codes serve Hoyt Lakes, MN: 55750.
- Population
- 2,074Hoyt Lakes city residents
- Median household income
- $64,514Past 12 months, inflation adjusted
- Median home value
- $90,700Owner-occupied units
- Median gross rent
- —Rent plus utilities, monthly
- Median age
- 42.2 yrsAll residents
- Homeownership rate
- 94.4%Owner-occupied households
Hoyt Lakes ZIP codes (Minnesota)
Census ZCTAs whose delivery area overlaps Hoyt Lakes.
The Hoyt Lakes MN ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.
What the numbers mean in Hoyt Lakes city
Housing cost measured against local earnings.
The median home costs 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.1% of residents and 94.4% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Hoyt Lakes city, MN in context
How this area compares with national benchmarks.
Hoyt Lakes city is a small town in Minnesota, with 2,074 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #256 of 914 ranked by population — larger than 72% of them. The median age here is 42.2 years against 39.1 nationally, a slightly older profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.
Households in Hoyt Lakes city earn a median of $64,514 a year, 17.9% below the national figure of $78,538 and 15% below the $75,469 median for the 361 Minnesota cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 10.1% of residents here, below the 12.4% national rate.
The typical owner-occupied home in Hoyt Lakes city is valued at $90,700, 70.1% below the national figure and 62% below the $240,400 peer median, while median gross rent runs not published a month. The home-price-to-income ratio works out to 1.4×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 94.4% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.
The Census withheld gross rent for Hoyt Lakes city because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.
Compare with nearby places
Places of similar size in Minnesota.
- Warroad city 2,067
- Gaylord city 2,074
- Esko CDP 2,063
- Hawley city 2,086
- Winsted city 2,023
- Slayton city 2,089
- Rice city 1,998
- Eyota city 2,090
Keep going
More Minnesota coverage.
Frequently asked questions
Common questions about this area.
- What is the population of Hoyt Lakes city?
- Hoyt Lakes city has 2,074 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #256 of 914 in Minnesota.
- What is the median household income in Hoyt Lakes city?
- Median household income in Hoyt Lakes city is $64,514 a year, 17.9% below the national figure of $78,538.
- How much does it cost to rent or buy in Hoyt Lakes city?
- Median gross rent is not published a month and the median home value is $90,700.
- Is Hoyt Lakes city affordable compared with the rest of the US?
- Homes cost about 1.4× the local median income here versus roughly 3.9× nationally, so Hoyt Lakes city is more affordable to buy in than the typical US market.
- How current is this Hoyt Lakes city data?
- All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.