Living in Herman, Minnesota
Cost of living, income, home prices, rent and demographics of Herman · Census data 2020–2024
Herman has 441 residents with a median age of 46.8. The median household income is $82,917 (7% lower than the Minnesota median), the median home value is $106,300, the median rent is $540/month.
Herman is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Herman at a glance
- Population
- 441
- Median age
- 46.8State: 38.8
- Median household income
- $82,917State: $89,062
- Median home value
- $106,300State: $329,300
- Median rent
- $540/moState: $1,280
- Homeowners
- 84.6%
- Bachelor's degree or higher
- 18.6%
- Average commute
- 17 min
Is Herman a good place to live?
Pros: Home values 68% lower than the state median; an average commute of 17 minutes.
Cons: Median household income 7% lower than the Minnesota median; unemployment of 9.5%; a poverty rate of 12.9%.
The weather is best in June to September.
Cost of living in Herman
Housing is the biggest part of the cost of living. In Herman the median home value is $106,300, 68% lower than the U.S. median. Renters pay a median of $540 per month, which is 19.2% of household income. Homeowners with a mortgage pay $1,110 a month in housing costs.
Herman median household income
The median household income in Herman is $82,917 and the income per person is $42,160. 12.9% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Herman: homes for sale and rent
- Housing units
- 280
- Owner-occupied
- 84.6%
- Renter-occupied
- 15.4%
- Vacant
- 23.6%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.06
Herman demographics
- Population
- 441
- Median age
- 46.8
- Under 18
- 12.2%
- 65 and older
- 26.3%
- Households
- 214
- Foreign-born
- 0.2%
- Veterans
- 10.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Herman ›
Education in Herman
18.6% of adults 25 and older in Herman have a bachelor's degree or higher (Minnesota: 39.4%), and 4.1% have a graduate or professional degree.
Jobs and commute in Herman
- Unemployment rate
- 9.5%State: 4.1%
- Average commute
- 17 minState: 23 min
- Work from home
- 24.4%
- Drive alone
- 69.9%
- Public transit
- 0%
- Walk to work
- 2.4%
- Homes with broadband
- 86.9%
Herman vs nearby towns
More for people moving to Herman
Herman ZIP code ›Weather and climate ›Living in Herman: FAQ
What is the median household income in Herman, MN?
The median household income in Herman is $82,917, 7% 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 Herman?
The median home value in Herman is $106,300, compared with $329,300 in Minnesota.
How much is rent in Herman?
The median gross rent in Herman is $540 per month, about 19.2% of household income.
Is Herman, MN a good place to live?
Pluses: home values 68% lower than the state median; an average commute of 17 minutes. Minuses: median household income 7% lower than the Minnesota median; unemployment of 9.5%; a poverty rate of 12.9%.
What is the median age in Herman?
The median age in Herman is 46.8 years (Minnesota: 38.8).
How long is the commute in Herman?
The average commute to work in Herman is 17 minutes; 24.4% of workers work from home.
What is the unemployment rate in Herman?
The unemployment rate in Herman is 9.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Herman?
18.6% of adults in Herman 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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