City

Hayward, MN

1 ZIP code  ·  Freeborn County  ·  Minnesota

👥429Population
💰$93,333Median HH Income▲ 22% above avg
🎂50.9Median Age
🏠$189,300Median Home Value▼ 32% below avg
🎓40.1%College Grads≈ Avg
📊1.3%Unemployment▼ 73% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 44.3% Female 55.7% ♀

Race & Ethnicity

White: 83.2%Hispanic: 8.4%Asian: 1.9%Other: 6.5%Race
White83.2%
Hispanic8.4%
Asian1.9%
Other6.5%

Age Breakdown

Under 5
4%
5–17
10%
18–24
8%
25–44
23%
45–64
31%
65+
12%

Key Indicators

Median Age50.9 yrs
Avg HH Size2.33
Below Poverty9.6% ≈ Avg
College Grads40.1% ≈ Avg
Unemployment1.3% ▼ 73% below avg
HS Graduate81 (26.2%)
Some College64 (20.7%)
Associates40 (12.9%)
Bachelors70 (22.7%)
Graduate Degree54 (17.5%)

Education

HS Grad: 26.2%Some College: 20.7%Associates: 12.9%Bachelors: 22.7%Graduate: 17.5%Edu
HS Grad26.2%
Some College20.7%
Associates12.9%
Bachelors22.7%
Graduate17.5%
Housing & Income

Housing Tenure

Owner: 87%Renter: 13%Tenure
Owner87.0%
Renter13.0%

Home Value Distribution

Under $50k
4%
$50k–$100k
19%
$100k–$150k
11%
$150k–$200k
21%
$200k–$300k
19%
$300k–$500k
18%
Over $500k
6%

Financials

Median HH Income$93,333 ▲ 22% above avg
Median Home Value$189,300 ▼ 32% below avg
Home/Income Ratio2.0x (nat avg ~3.5x)
Total Housing Units199
Vacant Units15

Income Distribution

Under $25k
9%
$25k–$50k
16%
$50k–$75k
16%
$75k–$100k
13%
$100k–$150k
28%
$150k–$200k
10%
Over $200k
8%
Employment & Commute

How People Get to Work

Drove Alone
92%
Walked
2%
Work From Home
6%

Commute Time

Under 15 min
43%
15–30 min
40%
30–45 min
9%
Over 45 min
8%
Housing Stock

Year Built

Before 1940
3%
1940s–1950s
18%
1960s–1970s
9%
1980s–1990s
8%
2000+
62%
About Hayward, MN

Hayward is a city in Minnesota, located in Freeborn County. The city spans 1 ZIP code and is home to approximately 429 residents. It is a mature city, with a median age of 50.9 years.

Economically, Hayward is a middle-income community. The median household income of $93,333 is above the national average. Approximately 9.6% of residents live below the poverty line. The unemployment rate is 1.3%, well below the national average.

The real estate market in Hayward is an affordable housing market. Median home values stand at $189,300, which is below the national average. Homeownership is high at 87.0%, typical of suburban and family-oriented communities.

The population of Hayward is well-educated. 40.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (83.22%).

Hayward, MN offers residents above-average earning potential within Minnesota.

ZIP Codes in Hayward
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
56043 429 $93,333 $189,300 1.3% 40.1% 87.0%