Hoyt Lakes, MN Employment

C-
6%
Income/capita NAT. AVG.
6%
Household income NAT. AVG.
79%
Unemployment NAT. AVG.
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IndexHoyt LakesMinnesotaNational
Income per capita$27,909$33,225$29,829
Median household income$58,750$63,217$55,322
Median income owner occupied$59,943$77,618$70,586
Median income renter occupied$0$34,348$35,192
Median earnings male$34,906$40,933$36,919
Median earnings female$24,167$29,114$26,250
Unemployment rate8.3%3.4%4.7%
Poverty level6.8%10.8%15.1%
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Key findings

  • The income per capita in Hoyt Lakes is 6% lower than the national average
  • The median household income in Hoyt Lakes is 6% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Hoyt Lakes is 79% higher than the national average
  • The poverty level in Hoyt Lakes is 55% lower than the national average

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      am i middle class

      $
      Input your household income
      $39,162 $58,750 $117,500
      City
      $42,140 $63,217 $126,434
      State
      $36,877 $55,322 $110,644
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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      Hoyt Lakes median earnings by income bracket

      Hoyt Lakes employment by industry

      Labour TypeMaleFemale
      Construction industry18.4%18.4%
      Manufacturing sector14.6%14.6%
      Financial & insurance services0.0%0.0%
      Wholesale & retail services17.6%17.6%
      Public administration2.7%2.7%
      Transportation, warehousing & utilities12.7%12.7%
      Education, health & social services10.9%10.9%
      Other23.1%23.1%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Gilbert, MN1,828$51,7056.5%
      Biwabik, MN643$47,40714.3%
      Babbitt, MN1,454$46,45216.0%
      McKinley, MN131$45,83317.2%
      Aurora, MN1,679$31,52343.0%
      Hoyt Lakes, MN2,099$58,7506.2%

      Cities with similar population

      City Population Household Income National Avg.
      Gurdon, AR2,099$34,33037.9%
      Arnold, CA2,099$61,29010.8%
      Oakland, MD2,099$54,5191.5%
      Choctaw Lake, OH2,099$115,847109.4%
      Winnsboro Mills, SC2,099$36,06634.8%
      Hoyt Lakes, MN2,099$58,7506.2%
      Source: The Hoyt Lakes, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).
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