Living in Hinckley, Minnesota
Cost of living, income, home prices, rent and demographics of Hinckley · Census data 2020–2024
Hinckley has 1,596 residents with a median age of 45. The median household income is $50,714 (43% lower than the Minnesota median), the median home value is $182,800, the median rent is $956/month.
Hinckley at a glance
- Population
- 1,596
- Median age
- 45State: 38.8
- Median household income
- $50,714State: $89,062
- Median home value
- $182,800State: $329,300
- Median rent
- $956/moState: $1,280
- Homeowners
- 56.3%
- Bachelor's degree or higher
- 14.5%
- Average commute
- 24 min
Is Hinckley a good place to live?
Pros: Home values 44% lower than the state median.
Cons: Median household income 43% lower than the Minnesota median; an average commute of 24 minutes; unemployment of 6.8%; a poverty rate of 19.7%.
The weather is best in June to September.
Cost of living in Hinckley
Housing is the biggest part of the cost of living. In Hinckley the median home value is $182,800, 45% lower than the U.S. median. Renters pay a median of $956 per month, which is 30.1% of household income. Homeowners with a mortgage pay $1,216 a month in housing costs.
Hinckley median household income
The median household income in Hinckley is $50,714 and the income per person is $26,296. 19.7% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Hinckley: homes for sale and rent
- Housing units
- 764
- Owner-occupied
- 56.3%
- Renter-occupied
- 43.8%
- Vacant
- 5.8%Includes seasonal homes
- Median year built
- 1974
- Average household size
- 2.19
Hinckley demographics
- Population
- 1,596
- Median age
- 45
- Under 18
- 20.1%
- 65 and older
- 24.7%
- Households
- 720
- Foreign-born
- 1.6%
- Veterans
- 14.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Hinckley ›
Education in Hinckley
14.5% of adults 25 and older in Hinckley have a bachelor's degree or higher (Minnesota: 39.4%), and 4.8% have a graduate or professional degree.
Jobs and commute in Hinckley
- Unemployment rate
- 6.8%State: 4.1%
- Average commute
- 24 minState: 23 min
- Work from home
- 7.1%
- Drive alone
- 73.8%
- Public transit
- 0.9%
- Walk to work
- 2.9%
- Homes with broadband
- 86.1%
Hinckley vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hinckley | 1,596 | $50,714 | $182,800 | $956 |
| Sandstone | 2,482 | $51,875 | $166,300 | $1,015 |
| Pine City | 3,468 | $52,056 | $186,900 | $680 |
| Askov | 304 | $31,250 | $152,700 | $346 |
| Finlayson | 267 | $68,500 | $219,400 | $950 |
| Rutledge | 275 | $65,000 | $102,700 | $825 |
| Rock Creek | 1,748 | $94,856 | $318,200 | $872 |
| Grasston | 112 | $97,500 | $162,500 | — |
| Grantsburg | 1,340 | $35,114 | $153,300 | $756 |
More for people moving to Hinckley
Hinckley ZIP code ›Weather and climate ›Living in Hinckley: FAQ
What is the median household income in Hinckley, MN?
The median household income in Hinckley is $50,714, 43% 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 Hinckley?
The median home value in Hinckley is $182,800, compared with $329,300 in Minnesota.
How much is rent in Hinckley?
The median gross rent in Hinckley is $956 per month, about 30.1% of household income.
Is Hinckley, MN a good place to live?
Pluses: home values 44% lower than the state median. Minuses: median household income 43% lower than the Minnesota median; an average commute of 24 minutes; unemployment of 6.8%; a poverty rate of 19.7%.
What is the median age in Hinckley?
The median age in Hinckley is 45 years (Minnesota: 38.8).
How long is the commute in Hinckley?
The average commute to work in Hinckley is 24 minutes; 7.1% of workers work from home.
What is the unemployment rate in Hinckley?
The unemployment rate in Hinckley is 6.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hinckley?
14.5% of adults in Hinckley 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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