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Hayward, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
231
Population
$61,250
Median Income
$114,000
Home Value
48.3
Median Age

Demographics

Hayward has a population of 231 with a median age of 48.3. Here is the racial and ethnic breakdown of the population:

White
77.5%
Hispanic
14.3%
Other
5.6%
Asian
2.6%
Demographic Value
Total Population231
Median Age48.3
White77.5%
Asian2.6%
Hispanic or Latino14.3%
Other / Two or More Races5.6%
Hayward, Minnesota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 77.5%Hispanic/Latino: 14.3%Other: 5.6%Asian: 2.6%231PopulationWhiteWhite77.5%Hispanic/LatinoHispanic/Latino14.3%OtherOther5.6%AsianAsian2.6%

Income & Economy

The median household income in Hayward is $61,250, which is 24.0% below the national median of $80,610. The per capita income is $38,688. The poverty rate is 12.6%.

$61,250
Median Household Income
$38,688
Per Capita Income
12.6%
Poverty Rate

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Education

In Hayward, 91.7% of residents age 25+ have a high school diploma or higher, and 6.6% hold a bachelor's degree or higher (1.1% with a graduate or professional degree).

HS Diploma+
91.7%
Bachelor's+
6.6%
Graduate+
1.1%
Education Level % of Adults (25+)
High School Diploma or Higher91.7%
Bachelor's Degree or Higher6.6%
Graduate or Professional Degree1.1%

Housing

The median home value in Hayward is $114,000, below the national median of $303,400. The homeownership rate is 83.2%.

$114,000
Median Home Value
83.2%
Homeownership Rate
Housing Metric Value
Median Home Value$114,000
Homeownership Rate83.2%
Vacancy Rate3.6%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Hayward, Minnesota?
The population of Hayward, Minnesota is 231 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Hayward, Minnesota?
The median household income in Hayward, Minnesota is $61,250. This is 24.0% below the national median of $80,610.
What is the median home value in Hayward, Minnesota?
The median home value in Hayward, Minnesota is $114,000.
What percentage of people in Hayward have a college degree?
In Hayward, Minnesota, 6.6% of adults age 25 and older hold a bachelor's degree or higher, and 91.7% have a high school diploma or higher.
Is Hayward, Minnesota an affordable place to live?
The home price-to-income ratio in Hayward, Minnesota is 1.9x (median home value $114,000 vs. median income $61,250), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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