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Herman, 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
441
Population
$82,917
Median Income
$106,300
Home Value
46.8
Median Age

Demographics

Herman has a population of 441 with a median age of 46.8. Here is the racial and ethnic breakdown of the population:

White
97.3%
Other
1.8%
Black
0.7%
Demographic Value
Total Population441
Median Age46.8
White97.3%
Black or African American0.7%
Hispanic or Latino0.2%
Other / Two or More Races1.8%
Herman, Minnesota — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 97.3%Other: 2.7%441PopulationWhiteWhite97.3%OtherOther2.7%

Income & Economy

The median household income in Herman is $82,917, which is 2.9% above the national median of $80,610. The per capita income is $42,160. The poverty rate is 12.9%.

$82,917
Median Household Income
$42,160
Per Capita Income
12.9%
Poverty Rate

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Education

In Herman, 97.5% of residents age 25+ have a high school diploma or higher, and 18.6% hold a bachelor's degree or higher (4.1% with a graduate or professional degree).

HS Diploma+
97.5%
Bachelor's+
18.6%
Graduate+
4.1%
Education Level % of Adults (25+)
High School Diploma or Higher97.5%
Bachelor's Degree or Higher18.6%
Graduate or Professional Degree4.1%

Housing

The median home value in Herman is $106,300, below the national median of $303,400. The median monthly rent is $540. The homeownership rate is 84.6%.

$106,300
Median Home Value
$540/mo
Median Rent
84.6%
Homeownership Rate
Housing Metric Value
Median Home Value$106,300
Median Monthly Rent$540
Homeownership Rate84.6%
Vacancy Rate23.6%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Herman, Minnesota?
The population of Herman, Minnesota is 441 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Herman, Minnesota?
The median household income in Herman, Minnesota is $82,917. This is 2.9% above the national median of $80,610.
What is the median home value in Herman, Minnesota?
The median home value in Herman, Minnesota is $106,300. The median monthly rent is $540.
What percentage of people in Herman have a college degree?
In Herman, Minnesota, 18.6% of adults age 25 and older hold a bachelor's degree or higher, and 97.5% have a high school diploma or higher.
Is Herman, Minnesota an affordable place to live?
The home price-to-income ratio in Herman, Minnesota is 1.3x (median home value $106,300 vs. median income $82,917), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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