CensusEasy
CITY

Hoyt Lakes

Minnesota · 1,978 residents (2025 est.) · 55.912 sq mi
Time machine
COMPARE TO
Part of the Duluth metro area
Compare
The short version

Hoyt Lakes has lower-than-average household income, with a median household income of $65,764. Population has held roughly steady since 2000. 17% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $93,300. Households here earn about 26% less than the Minnesota median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 42.8
US median: 38.9
Less educated
17% hold a bachelor's degree
US average: 36%
Less affordable
home values up 31%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,064
−1%since 2000
from 2,082 in 2000
1990 – 2025
Population density
37 / sq mi
−1%since 2000
from 37 / sq mi in 2000
US average: 281
Median age
42.8
−6%since 2000
from 45.6 in 2000
US average: 38.9

PEP 2025 EST:1,978 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
2K2K2K2K2K1990201020202024Hoyt Lakes
20242K
1990201020202024
Section 02

Income & economy

Median household income
$65,764
−9%inflation adjusted, since 2000
from $39,493 in 2000
US average: $82,259
1990 – 2024
Per capita income
$31,446
+67%since 2000
from $18,882 in 2000
US average: $44,673
Households earning $100K+
45.6%
+31.5 ptssince 2009
from 14.2% in 2009
US average: 53.3%
Poverty rate
7.3%
−1.6 ptssince 2000
from 8.9% in 2000
US average: 12.5%
Income inequality (Gini)
0.373
+20%since 2010
from 0.310 in 2010
US average: 0.476
Workforce by industry, 2024
Information9.2%
US avg: 10.8%
Agriculture, forestry, fishing8%
US avg: 1.6%
Manufacturing8%
US avg: 0.4%
Other services6.8%
US avg: 6.7%
Public administration6.8%
US avg: 4.8%
Wholesale trade6.5%
US avg: 6.9%
Transportation & warehousing6.1%
US avg: 2.2%
Finance & insurance5.1%
US avg: 5.9%
Professional, scientific, technical4.3%
US avg: 5.1%
Retail trade3.9%
US avg: 9.9%
Education & health services0.8%
US avg: 0.9%
Arts, entertainment, food0.7%
US avg: 1.9%
Construction0%
US avg: 1.2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$93,300
+31%inflation adjusted, since 2000
from $39,200 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,550
+114%inflation adjusted, since 2000
from $397 in 2000
US average: $1,442
Owner-occupied
95.7%
+4.0 ptssince 2000
from 91.7% in 2000
4.3% rent
Vacancy rate
12.1%
+5.1 ptssince 2009
from 7.0% in 2009
US average: 10.0%
Owner cost-burdened
8.2%
−7.8 ptssince 2009
from 16.0% in 2009
US average: 22.9%
Renter cost-burdened
19.4%
−40.9 ptssince 2009
from 60.4% in 2009
US average: 47.4%
Afford Score
1.4
+43%since 2000
from 1.0 in 2000
1990 – 2024
Gentrification Score
39
RELATED:See current rent listings in Hoyt Lakes on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic99%(2,062)
Black0.3%(6)
Hispanic / Latino0.2%(4)
Asian0.1%(2)
Other0%
Diversity Score1.4%(30)
2024
White, non-Hispanic88.3%(1,822)
Black0%(0)
Hispanic / Latino3.8%(78)
Asian0%(0)
Other7.9%(164)
Diversity Score26.6%(550)
Diversity Score
27
+1748%since 2000
from 1 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
17.1%
−1.1 ptssince 2000
from 18.2% in 2000
US average: 35.6%
High school or higher
95.3%
+7.2 ptssince 2000
from 88.2% in 2000
US average: 89.6%
Graduate degree
5.5%
+2.3 ptssince 2000
from 3.2% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
29.3 min
+74%since 2000
from 16.8 min in 2000
US average: 26.5
Drive alone to work
72.8%
−4.2 ptssince 2009
from 77.0% in 2009
US average: 68.9%
Carpooled to work
10.0%
−4.1 ptssince 2009
from 14.1% in 2009
US average: 8.5%
Public transit
0.1%
−2.2 ptssince 2009
from 2.3% in 2009
US average: 3.2%
Worked from home
17.0%
+13.5 ptssince 2009
from 3.4% in 2009
US average: 15.0%
Walked to work
0.0%
−2.3 ptssince 2009
from 2.3% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
4.5%
+3.8 ptssince 2009
from 0.8% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
13.9%
Unchangedsince 2011
from 13.9% in 2011
US average: 5.2%
Labor force participation
55.8%
−1.6 ptssince 2011
from 57.4% in 2011
US average: 63.5%
Self-employed
17.4%
+6.2 ptssince 2009
from 11.2% in 2009
US average: 13.1%
Management & professional
34.5%
−17.4 ptssince 2009
from 51.9% in 2009
US average: 42.5%
Section 08

People & community

Male
53.2%
+7.5 ptssince 2009
from 45.7% in 2009
Female
46.8%
−7.5 ptssince 2009
from 54.3% in 2009
Foreign born
0.0%
−0.5 ptssince 2009
from 0.5% in 2009
US average: 14.1%
Veterans
14.2%
−32.6 ptssince 2009
from 46.8% in 2009
US average: 6.2%
With a disability
19.4%
+4.9 ptssince 2012
from 14.5% in 2012
US average: 13.3%
Uninsured
3.2%
−89.5 ptssince 2013
from 92.7% in 2013
US average: 8.4%
Broadband at home
90.0%
+13.3 ptssince 2017
from 76.7% in 2017
US average: 91.0%
English only at home
96.5%
−2.9 ptssince 2016
from 99.4% in 2016
US average: 77.7%
Spanish at home
2.6%
+2.6 ptssince 2016
from 0.0% in 2016
US average: 13.6%
Drill deeper

Places similar to Hoyt Lakes

Rainbow Park
Pop 2,056
Oak Hill
Pop 2,188
Bear Creek
Pop 2,179
Pine Island Center
Pop 1,834
Places similar to Hoyt Lakes
Head to head

Compare Hoyt Lakes to nearby cities

HOYT LAKES VS
Virginia
Income$51,720−21%
Home value$120,600+29%
Population8,187+314%
SEE FULL COMPARISON →
HOYT LAKES VS
Hibbing
Income$55,789−15%
Home value$130,200+40%
Population15,823+700%
SEE FULL COMPARISON →
HOYT LAKES VS
Hermantown
Income$90,849+38%
Home value$382,300+310%
Population10,110+411%
SEE FULL COMPARISON →
HOYT LAKES VS
Duluth
Income$68,807+5%
Home value$242,700+160%
Population88,330+4366%
SEE FULL COMPARISON →
Frequently asked

How many people live in Hoyt Lakes, Minnesota?

Hoyt Lakes, Minnesota has about 2,064 residents according to the 2024 American Community Survey.

What is the median household income in Hoyt Lakes, Minnesota?

The typical household in Hoyt Lakes, Minnesota earns about $65,764 a year. Half of households make more than that, and half make less.

Is Hoyt Lakes, Minnesota expensive?

In Hoyt Lakes, Minnesota, the median home is worth about $93,300, and the typical rent is about $1,550 a month.

How educated are people in Hoyt Lakes, Minnesota?

About 17.1% of adults age 25 and over in Hoyt Lakes, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Hoyt Lakes, Minnesota?

About 7.3% of people in Hoyt Lakes, Minnesota live below the federal poverty line.

Has Hoyt Lakes, Minnesota grown since 1990?

Yes, Hoyt Lakes, Minnesota has shrunk since 1990. The population has lost about 269 residents, a change of about -12 percent over that period.

Keep going

Explore from here

Up the hierarchy
Minnesota
Rankings
Highest income citiesFastest growing citiesMost educated cities
Compare
Compare Hoyt Lakes with another place

DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →