Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.8 yrs |
|---|---|
| Avg HH Size | 2.38 |
| Below Poverty | 9.5% ≈ Avg |
| College Grads | 32.7% ▼ 16% below avg |
| Unemployment | 4.4% ▼ 11% below avg |
| No HS Diploma | 19 (1.6%) |
| HS Graduate | 438 (36.5%) |
| Some College | 145 (12.1%) |
| Associates | 206 (17.2%) |
| Bachelors | 199 (16.6%) |
| Graduate Degree | 194 (16.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $63,257 ▼ 17% below avg |
|---|---|
| Median Home Value | $148,100 ▼ 47% below avg |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Median Rent | $1,014/mo |
| Total Housing Units | 937 |
| Vacant Units | 150 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Hector is a city in Minnesota, located in Renville County. The city spans 1 ZIP code and is home to approximately 1,884 residents. It is a middle-aged city, with a median age of 40.8 years.
Economically, Hector is a solidly middle-class community. The median household income of $63,257 is below the national average. Approximately 9.5% of residents live below the poverty line. The unemployment rate is 4.4%, near the national average.
The real estate market in Hector is one of the more affordable housing markets in the country. Median home values stand at $148,100, which is below the national average. Renters typically pay around $1,014 per month. Homeownership is high at 80.8%, typical of suburban and family-oriented communities.
The population of Hector is moderately educated. 32.7% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (89.65%).
Hector, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 55342 | 1,884 | $63,257 | $148,100 | $1,014 | 4.4% | 32.7% | 80.8% |