Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.5 yrs |
|---|---|
| Avg HH Size | 2.40 |
| Below Poverty | 14.6% ▲ 46% above avg |
| College Grads | 43.1% ▲ 11% above avg |
| Unemployment | 2.8% ▼ 42% below avg |
| HS Graduate | 192 (28.4%) |
| Some College | 100 (14.8%) |
| Associates | 93 (13.7%) |
| Bachelors | 167 (24.7%) |
| Graduate Degree | 125 (18.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $57,143 ▼ 25% below avg |
|---|---|
| Median Home Value | $195,400 ▼ 30% below avg |
| Home/Income Ratio | 3.4x (nat avg ~3.5x) |
| Median Rent | $769/mo |
| Total Housing Units | 579 |
| Vacant Units | 137 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Hoffman is a city in Minnesota, located in Grant County. The city spans 1 ZIP code and is home to approximately 1,068 residents. It is a relatively young city, with a median age of 37.5 years.
Economically, Hoffman is a solidly middle-class community. The median household income of $57,143 is below the national average. Approximately 14.6% of residents live below the poverty line. The unemployment rate is 2.8%, below the national average.
The real estate market in Hoffman is an affordable housing market. Median home values stand at $195,400, which is below the national average. Renters typically pay around $769 per month. Homeownership is high at 71.3%, typical of suburban and family-oriented communities.
The population of Hoffman is well-educated. 43.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (86.24%).
Hoffman, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56339 | 1,068 | $57,143 | $195,400 | $769 | 2.8% | 43.1% | 71.3% |