EconPulse

place

Hector city, Minnesota

MN · population 1,130 · GEOID 2728124

No score yet. It is computed when the file is built.

Median gross rent is better than the national figure.

U.S. Census Bureau · American Community Survey 5-Year · B01003 · 2020-2024 · ±155 · pulled 2026-10-31

data 2026.10 · built 2026-10-31 · pulled 2026-10-31

Population

1,130

0.02% of Minnesota · 1,130 of 5,739,445

Receipt U.S. Census Bureau · American Community Survey 5-Year · B01003 · 2020-2024 · ±155 · pulled 2026-10-31

Unemployment

No unemployment series for this place.

Median gross rent

$1,125

better than the United States

This place $1,125
Minnesota $1,280
United States $1,413

Receipt U.S. Census Bureau · American Community Survey 5-Year · B25064 · 2020-2024 · pulled 2026-10-31

Output

No output series for this place.

Federal obligations

No federal obligations series for this place.

More about this place

Median age 40.1 U.S. Census Bureau · 2020-2024
Bachelor's degree or higher 12.1% U.S. Census Bureau · 2020-2024
Poverty rate 8.8% U.S. Census Bureau · 2020-2024
Labor force participation 67.2% U.S. Census Bureau · 2020-2024
Median home value $132,000 U.S. Census Bureau · 2020-2024
Median household income $63,362 U.S. Census Bureau · 2020-2024
Unemployment rate, five-year average 3.5% U.S. Census Bureau · 2020-2024
Consumer price index (United States) 336 U.S. Bureau of Labor Statistics · 2026-09-01
30-year fixed mortgage rate (United States) 7.2% Freddie Mac · 2026-10-29
Share of Minnesota 0.02% U.S. Census Bureau · 2020-2024