Living in Hastings, Minnesota

Cost of living, income, home prices, rent and demographics of Hastings · Census data 2020–2024

Hastings has 22,117 residents with a median age of 41. The median household income is $93,998 (6% higher than the Minnesota median), the median home value is $322,400, the median rent is $1,183/month.

Hastings at a glance

Population
22,117
Median age
41State: 38.8
Median household income
$93,998State: $89,062
Median home value
$322,400State: $329,300
Median rent
$1,183/moState: $1,280
Homeowners
76.4%
Bachelor's degree or higher
30.9%
Average commute
25 min

Is Hastings a good place to live?

Pros: Median household income 6% higher than the Minnesota median; home values about the same as the state median; a poverty rate of 5.4%.

Cons: An average commute of 25 minutes; unemployment of 4.9%.

The weather is best in June to September.

Cost of living in Hastings

Housing is the biggest part of the cost of living. In Hastings the median home value is $322,400, 3% lower than the U.S. median. Renters pay a median of $1,183 per month, which is 25.7% of household income. Homeowners with a mortgage pay $1,913 a month in housing costs.

Median home value

Hastings$322,400
Minnesota$329,300
United States$332,700

Median monthly rent

Hastings$1,183
Minnesota$1,280
United States$1,413

Hastings median household income

The median household income in Hastings is $93,998 and the income per person is $44,593. 5.4% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Hastings$93,998
Minnesota$89,062
United States$80,734

Housing in Hastings: homes for sale and rent

Housing units
9,302
Owner-occupied
76.4%
Renter-occupied
23.6%
Vacant
3.4%Includes seasonal homes
Median year built
1984
Average household size
2.39

Hastings demographics

Population
22,117
Median age
41
Under 18
21.7%
65 and older
19.8%
Households
8,985
Foreign-born
2.5%
Veterans
8.9%Adults 18+

Race and ethnicity

White87.2%
Hispanic or Latino6.1%
Black1.1%
Asian2.1%

Hispanic or Latino can be of any race. Population history of Hastings ›

Education in Hastings

30.9% of adults 25 and older in Hastings have a bachelor's degree or higher (Minnesota: 39.4%), and 7.5% have a graduate or professional degree.

Bachelor's degree or higher

Hastings30.9%
Minnesota39.4%
United States35.7%

Jobs and commute in Hastings

Unemployment rate
4.9%State: 4.1%
Average commute
25 minState: 23 min
Work from home
13%
Drive alone
77.2%
Public transit
0.2%
Walk to work
1.9%
Homes with broadband
90.9%

Hastings vs nearby towns

TownPopulationMedian incomeHome valueRent
Hastings22,117$93,998$322,400$1,183
Prescott4,503$74,412$306,900$1,189
Cottage Grove40,992$120,791$378,800$1,783
Vermillion399$107,188$319,300$1,208
Coates131$82,250$240,000$1,146
Miesville125$95,500$348,200—
St. Paul Park5,457$100,642$263,500$2,174
Rosemount27,562$129,625$424,100$1,640
Hampton590$109,545$318,300$1,083

More for people moving to Hastings

Hastings ZIP code ›Weather and climate ›

Living in Hastings: FAQ

What is the median household income in Hastings, MN?

The median household income in Hastings is $93,998, 6% higher than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Hastings?

The median home value in Hastings is $322,400, compared with $329,300 in Minnesota.

How much is rent in Hastings?

The median gross rent in Hastings is $1,183 per month, about 25.7% of household income.

Is Hastings, MN a good place to live?

Pluses: median household income 6% higher than the Minnesota median; home values about the same as the state median; a poverty rate of 5.4%. Minuses: an average commute of 25 minutes; unemployment of 4.9%.

What is the median age in Hastings?

The median age in Hastings is 41 years (Minnesota: 38.8).

How long is the commute in Hastings?

The average commute to work in Hastings is 25 minutes; 13% of workers work from home.

What is the unemployment rate in Hastings?

The unemployment rate in Hastings is 4.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Hastings?

30.9% of adults in Hastings have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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