Download
Share
Contents
Save
The total population of Hoyt Lakes is estimated to be 2,095 with 1,108 males (52.89%) and 987 females (47.11%). There are 121 less females than males in Hoyt Lakes.
The median household income in Hoyt Lakes was $65,922 in 2021, which marked an a decrease of 650(0.98%) from $66,572 in 2020. This income is 88.36% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Hoyt Lakes sees its highest median household income among householders in the age group of 45 to 64 years old, at $95,931. Overall, the median household income for the city of Hoyt Lakes stands at $65,922.
In Hoyt Lakes, the median income for all workers aged 15 years and older, regardless of work hours, was $40,148 for males and $21,273 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $62,963 for males and $47,020 for females.
In Hoyt Lakes, population is primarily represented by White households, reporting a median income of $64,775.
In 2022, the population of Hoyt Lakes was 2,002, a 0.15% decrease year-by-year from 2021. Previously, in 2021, Hoyt Lakes's population was 2,005, a decline of 0.59% compared to a population of 2,017 in 2020.
The median age in Hoyt Lakes, MN is 42.6, as per 2021 ACS 5-Year Estimates. Of the total population, 17.38% were under the age of 15, 16.20% aged 15 to 29, 45.46% aged 30 to 64, 18.56% aged 65 to 84, and 2.40% were 85 years of age and older.
Racial distribution of Hoyt Lakes population: 93.92% are White, 2.54% are American Indian and Alaska Native and 3.54% are multiracial.