Quality of Life and Culture in Hoyt Lakes, MN

Overview

Hoyt Lakes is a small town in the state of Minnesota with a population of 2,204. The cost of living is low making it one of the most affordable places to live in the US. Hoyt Lakes has a four seasons climate. There are mountains nearby so you can enjoy the smell of fresh air and inspiration to be active. The presence of parks and green space will enable you to spend time in the outdoors

Quality of Life Summary

Area Size: Small Town
Living Costs: Low Cost
Employment: (F) Poor
Cultural Diversity: (D) Fair
Residents: Families
School Rating: NA
Safety Rating: NA
Public Transport: (B) Good
Average Commute: 31.1 minutes
Walkability: (C) Average
Climate: Four Seasons
Shopping Mall: -
Near Beach or Lake: Yes
Near Mountains: Yes
Near Parks & Green Space: Yes

Social and Economic Statistics of Hoyt Lakes, MN

Employment and Income	Hoyt Lakes	Minnesota	United States
Per Capita Income	$27,835	$32,954	$32,693
Median Household Income	$60,987	$65,641	$65,483
Unemployment Rate	15.5%	4.6%	5.7%
Poverty Rate	8.0%	7.7%	10.5%

Age	Hoyt Lakes	Minnesota	United States
Median Age	42.6	41.4	42.3

Gender	Hoyt Lakes	Minnesota	United States
Male	53.3%	50.4%	49.8%
Female	46.7%	49.6%	50.2%

Race	Hoyt Lakes	Minnesota	United States
White	93.9%	88.3%	80.3%
Black or African American	0.0%	1.6%	7.0%
American Indian and Alaska Native	2.5%	2.9%	2.7%
Asian	0.0%	1.3%	1.9%
Native Hawaiian and Other Pacific Islander	0.0%	0.1%	0.2%
Other Race	0.0%	1.7%	2.7%
Multiracial	3.5%	4.1%	5.2%

Housing Information	Hoyt Lakes	Minnesota	United States
Median Home Price	$69,800	$165,036	$208,542
Median Monthly Rent	$483	$702	$801
Family Households	55.1%	55.1%	48.6%
Nonfamily Households	16.0%	16.0%	26.2%
Homeowners	93.0%	77.9%	72.9%
Renters	7.0%	22.1%	27.1%

Education	Hoyt Lakes	Minnesota	United States
High School Graduate or Equivalent	4.0%	5.9%	7.5%
Some College, no Degree	35.3%	35.3%	34.0%
Associate's Degree	29.0%	23.0%	21.2%
Bachelor's Degree	17.5%	12.8%	9.3%
Graduate or Professional Degree	10.6%	15.5%	15.0%