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Hector, 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
1,130
Population
$63,362
Median Income
$132,000
Home Value
40.1
Median Age

Demographics

Hector has a population of 1,130 with a median age of 40.1. Here is the racial and ethnic breakdown of the population:

White
89.7%
Hispanic
5.8%
Other
3.2%
Asian
0.8%
Demographic Value
Total Population1,130
Median Age40.1
White89.7%
Black or African American0.5%
Asian0.8%
Hispanic or Latino5.8%
Other / Two or More Races3.2%
Hector, Minnesota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 89.7%Hispanic/Latino: 5.8%Other: 3.2%Other: 1.3%1,130PopulationWhiteWhite89.7%Hispanic/LatinoHispanic/Latino5.8%OtherOther3.2%OtherOther1.3%

Income & Economy

The median household income in Hector is $63,362, which is 21.4% below the national median of $80,610. The per capita income is $35,371. The poverty rate is 8.8%.

$63,362
Median Household Income
$35,371
Per Capita Income
8.8%
Poverty Rate

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Education

In Hector, 91.4% of residents age 25+ have a high school diploma or higher, and 12.1% hold a bachelor's degree or higher (1.1% with a graduate or professional degree).

HS Diploma+
91.4%
Bachelor's+
12.1%
Graduate+
1.1%
Education Level % of Adults (25+)
High School Diploma or Higher91.4%
Bachelor's Degree or Higher12.1%
Graduate or Professional Degree1.1%

Housing

The median home value in Hector is $132,000, below the national median of $303,400. The median monthly rent is $1,125. The homeownership rate is 73.9%.

$132,000
Median Home Value
$1,125/mo
Median Rent
73.9%
Homeownership Rate
Housing Metric Value
Median Home Value$132,000
Median Monthly Rent$1,125
Homeownership Rate73.9%
Vacancy Rate11.1%

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Frequently Asked Questions

What is the population of Hector, Minnesota?
The population of Hector, Minnesota is 1,130 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Hector, Minnesota?
The median household income in Hector, Minnesota is $63,362. This is 21.4% below the national median of $80,610.
What is the median home value in Hector, Minnesota?
The median home value in Hector, Minnesota is $132,000. The median monthly rent is $1,125.
What percentage of people in Hector have a college degree?
In Hector, Minnesota, 12.1% of adults age 25 and older hold a bachelor's degree or higher, and 91.4% have a high school diploma or higher.
Is Hector, Minnesota an affordable place to live?
The home price-to-income ratio in Hector, Minnesota is 2.1x (median home value $132,000 vs. median income $63,362), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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