Living in Hector, Minnesota
Cost of living, income, home prices, rent and demographics of Hector · Census data 2020–2024
Hector has 1,130 residents with a median age of 40.1. The median household income is $63,362 (29% lower than the Minnesota median), the median home value is $132,000, the median rent is $1,125/month.
Hector is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Hector at a glance
- Population
- 1,130
- Median age
- 40.1State: 38.8
- Median household income
- $63,362State: $89,062
- Median home value
- $132,000State: $329,300
- Median rent
- $1,125/moState: $1,280
- Homeowners
- 73.9%
- Bachelor's degree or higher
- 12.1%
- Average commute
- 16 min
Is Hector a good place to live?
Pros: Home values 60% lower than the state median; an average commute of 16 minutes; unemployment of 3.5%; a poverty rate of 8.8%.
Cons: Median household income 29% lower than the Minnesota median.
The weather is best in June to September.
Cost of living in Hector
Housing is the biggest part of the cost of living. In Hector the median home value is $132,000, 60% lower than the U.S. median. Renters pay a median of $1,125 per month, which is 26.6% of household income. Homeowners with a mortgage pay $1,586 a month in housing costs.
Hector median household income
The median household income in Hector is $63,362 and the income per person is $35,371. 8.8% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Hector: homes for sale and rent
- Housing units
- 551
- Owner-occupied
- 73.9%
- Renter-occupied
- 26.1%
- Vacant
- 11.1%Includes seasonal homes
- Median year built
- 1959
- Average household size
- 2.30
Hector demographics
- Population
- 1,130
- Median age
- 40.1
- Under 18
- 17.5%
- 65 and older
- 19.8%
- Households
- 490
- Foreign-born
- 2.1%
- Veterans
- 8.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Hector ›
Education in Hector
12.1% of adults 25 and older in Hector have a bachelor's degree or higher (Minnesota: 39.4%), and 1.1% have a graduate or professional degree.
Jobs and commute in Hector
- Unemployment rate
- 3.5%State: 4.1%
- Average commute
- 16 minState: 23 min
- Work from home
- 4.4%
- Drive alone
- 74.2%
- Public transit
- 0%
- Walk to work
- 4.1%
- Homes with broadband
- 81%
Hector vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hector | 1,130 | $63,362 | $132,000 | $1,125 |
| Buffalo Lake | 635 | $66,167 | $113,400 | $759 |
| Bird Island | 930 | $75,833 | $142,100 | $617 |
| Stewart | 644 | $65,982 | $125,400 | $763 |
| Cosmos | 536 | $56,635 | $105,500 | $685 |
| Olivia | 2,205 | $63,098 | $159,200 | $780 |
| Fairfax | 1,088 | $60,172 | $116,300 | $432 |
| Lake Lillian | 157 | $60,250 | $114,200 | $700 |
| Franklin | 526 | $51,500 | $89,800 | $838 |
More for people moving to Hector
Hector ZIP code ›Weather and climate ›Living in Hector: FAQ
What is the median household income in Hector, MN?
The median household income in Hector is $63,362, 29% lower 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 Hector?
The median home value in Hector is $132,000, compared with $329,300 in Minnesota.
How much is rent in Hector?
The median gross rent in Hector is $1,125 per month, about 26.6% of household income.
Is Hector, MN a good place to live?
Pluses: home values 60% lower than the state median; an average commute of 16 minutes; unemployment of 3.5%; a poverty rate of 8.8%. Minuses: median household income 29% lower than the Minnesota median.
What is the median age in Hector?
The median age in Hector is 40.1 years (Minnesota: 38.8).
How long is the commute in Hector?
The average commute to work in Hector is 16 minutes; 4.4% of workers work from home.
What is the unemployment rate in Hector?
The unemployment rate in Hector is 3.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hector?
12.1% of adults in Hector 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.
Last updated: