Living in Hermantown, Minnesota
Cost of living, income, home prices, rent and demographics of Hermantown · Census data 2020–2024
Hermantown has 10,218 residents with a median age of 38.7. The median household income is $90,849 (about the same as the Minnesota median), the median home value is $382,300, the median rent is $1,463/month.
Hermantown at a glance
- Population
- 10,218
- Median age
- 38.7State: 38.8
- Median household income
- $90,849State: $89,062
- Median home value
- $382,300State: $329,300
- Median rent
- $1,463/moState: $1,280
- Homeowners
- 73.1%
- Bachelor's degree or higher
- 39.9%
- Average commute
- 18 min
Is Hermantown a good place to live?
Pros: Median household income about the same as the Minnesota median; an average commute of 18 minutes; unemployment of 2.1%; a poverty rate of 5.4%.
Cons: Home values 16% higher than the state median.
The weather is best in June to September.
Cost of living in Hermantown
Housing is the biggest part of the cost of living. In Hermantown the median home value is $382,300, 15% higher than the U.S. median. Renters pay a median of $1,463 per month, which is 37.2% of household income. Homeowners with a mortgage pay $2,224 a month in housing costs.
Hermantown median household income
The median household income in Hermantown is $90,849 and the income per person is $55,803. 5.4% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Hermantown: homes for sale and rent
- Housing units
- 3,946
- Owner-occupied
- 73.1%
- Renter-occupied
- 26.9%
- Vacant
- 2.8%Includes seasonal homes
- Median year built
- 1993
- Average household size
- 2.53
Hermantown demographics
- Population
- 10,218
- Median age
- 38.7
- Under 18
- 23.3%
- 65 and older
- 17%
- Households
- 3,836
- Foreign-born
- 1.3%
- Veterans
- 6.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Hermantown ›
Education in Hermantown
39.9% of adults 25 and older in Hermantown have a bachelor's degree or higher (Minnesota: 39.4%), and 16.9% have a graduate or professional degree.
Jobs and commute in Hermantown
- Unemployment rate
- 2.1%State: 4.1%
- Average commute
- 18 minState: 23 min
- Work from home
- 11%
- Drive alone
- 84.2%
- Public transit
- 0%
- Walk to work
- 1.5%
- Homes with broadband
- 87.8%
Hermantown vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hermantown | 10,218 | $90,849 | $382,300 | $1,463 |
| Proctor | 3,100 | $67,377 | $224,700 | $1,044 |
| Duluth | 87,093 | $68,807 | $242,700 | $1,087 |
| Esko | 1,813 | $109,063 | $318,800 | $1,215 |
| Rice Lake | 4,153 | $89,663 | $309,600 | $1,305 |
| Scanlon | 1,146 | $68,750 | $228,800 | $1,435 |
| Superior | 26,677 | $64,216 | $180,400 | $900 |
| Oliver | 462 | $86,250 | $223,200 | $967 |
| Superior | 653 | $70,694 | $274,200 | $1,270 |
More for people moving to Hermantown
Hermantown ZIP code ›Weather and climate ›Living in Hermantown: FAQ
What is the median household income in Hermantown, MN?
The median household income in Hermantown is $90,849, about the same as 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 Hermantown?
The median home value in Hermantown is $382,300, compared with $329,300 in Minnesota.
How much is rent in Hermantown?
The median gross rent in Hermantown is $1,463 per month, about 37.2% of household income.
Is Hermantown, MN a good place to live?
Pluses: median household income about the same as the Minnesota median; an average commute of 18 minutes; unemployment of 2.1%; a poverty rate of 5.4%. Minuses: home values 16% higher than the state median.
What is the median age in Hermantown?
The median age in Hermantown is 38.7 years (Minnesota: 38.8).
How long is the commute in Hermantown?
The average commute to work in Hermantown is 18 minutes; 11% of workers work from home.
What is the unemployment rate in Hermantown?
The unemployment rate in Hermantown is 2.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hermantown?
39.9% of adults in Hermantown 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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