Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.7 yrs |
|---|---|
| Avg HH Size | 2.17 |
| Below Poverty | 12.7% ▲ 27% above avg |
| College Grads | 42.1% ▲ 9% above avg |
| Unemployment | 1.8% ▼ 63% below avg |
| HS Graduate | 53 (29.8%) |
| Some College | 20 (11.2%) |
| Associates | 30 (16.9%) |
| Bachelors | 33 (18.5%) |
| Graduate Degree | 42 (23.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,500 ▼ 18% below avg |
|---|---|
| Median Home Value | $185,900 ▼ 33% below avg |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $850/mo |
| Total Housing Units | 163 |
| Vacant Units | 29 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Hendrum is a city in Minnesota, located in Norman County. The city spans 1 ZIP code and is home to approximately 291 residents. It is a middle-aged city, with a median age of 42.7 years.
Economically, Hendrum is a solidly middle-class community. The median household income of $62,500 is below the national average. Approximately 12.7% of residents live below the poverty line. The unemployment rate is 1.8%, well below the national average.
The real estate market in Hendrum is an affordable housing market. Median home values stand at $185,900, which is below the national average. Renters typically pay around $850 per month. Homeownership is high at 79.1%, typical of suburban and family-oriented communities.
The population of Hendrum is well-educated. 42.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (92.1%).
Hendrum, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56550 | 291 | $62,500 | $185,900 | $850 | 1.8% | 42.1% | 79.1% |