Median Household Income
$65,764 ± $11,486
Median Home Value
$93,300 ± $5,873
Median Gross Rent
$1,550 ± $1,282/mo
Per Capita Income
$31,446
Poverty Rate
7.3%
Unemployment Rate
13.9%
Homeownership Rate
95.7%
Bachelor's Degree or Higher
17.1%
Median Age
42.8
Average Commute
24 min
Households
839
Veterans
234
Population Over Time
Hoyt Lakes grew 3.0% from 2014 to 2024.
2014
2,003
2016
2,080
2018
2,081
2020
2,099
2022
2,095
2024
2,064
Population by Race & Ethnicity
White
89.0%
Hispanic or Latino
3.8%
Black or African American
0.0%
Asian
0.0%
Nearby Cities in Minnesota
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.