Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.6 yrs |
|---|---|
| Avg HH Size | 2.15 |
| Below Poverty | 8.0% ▼ 20% below avg |
| College Grads | 42.2% ▲ 9% above avg |
| Unemployment | 6.3% ▲ 28% above avg |
| HS Graduate | 145 (28.7%) |
| Some College | 44 (8.7%) |
| Associates | 103 (20.4%) |
| Bachelors | 92 (18.2%) |
| Graduate Degree | 121 (24%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $82,031 ≈ Avg |
|---|---|
| Median Home Value | $177,200 ▼ 36% below avg |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $548/mo |
| Total Housing Units | 437 |
| Vacant Units | 84 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Herman is a city in Minnesota, located in Grant County. The city spans 1 ZIP code and is home to approximately 760 residents. It is a mature city, with a median age of 47.6 years.
Economically, Herman is a middle-income community. The median household income of $82,031 is near the national average. Approximately 8.0% of residents live below the poverty line. The unemployment rate is 6.3%, above the national average.
The real estate market in Herman is an affordable housing market. Median home values stand at $177,200, which is below the national average. Renters typically pay around $548 per month. Homeownership is high at 83.6%, typical of suburban and family-oriented communities.
The population of Herman is well-educated. 42.2% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (97.24%).
Herman, MN offers residents above-average earning potential within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56248 | 760 | $82,031 | $177,200 | $548 | 6.3% | 42.2% | 83.6% |