Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

5 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $963

Average Rent as Percentage of Gross Income

Median rent for 2018: $465

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $847
--Home Prepared Food $478
--Restaurant/Takeaway Food $370
Alcoholic Beverages $62
Housing $2,148
--Rent/Mortgage/Upkeep/Taxes $1,256
--Utilities $433
--Operations $163
--Supplies $80
--Furnishings $217
Apparel $199
--Men & Boys $45
--Women & Girls $81
--Children < 2 $1
--Footwear $42
Transportation $1,043
--New Vehicles $195
--Used Vehicles $223
--Fuel $225
--Insurance $104
--Public Transit $87
Healthcare $531
Entertainment $345
--Pets $71
--Toys $17
Personal Care Products $82
Books & Literature $12
Education $150
Tobacco Products $37
Miscellaneous $106
Retirement $202
Non-health Insurance $780
Total Expenditures $6,546

Selected Population Data

Period Geography Population
2014 Herman city, Minnesota 452
2015 Herman city, Minnesota 371
2016 Herman city, Minnesota 394
2017 Herman city, Minnesota 404
2018 Herman city, Minnesota 443