Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

77 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: $1,676

Average Rent as Percentage of Gross Income

Median rent for 2018: $1,086

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $25,642
--Home Prepared Food $14,449
--Restaurant/Takeaway Food $11,193
Alcoholic Beverages $1,882
Housing $64,995
--Rent/Mortgage/Upkeep/Taxes $38,005
--Utilities $13,101
--Operations $4,935
--Supplies $2,417
--Furnishings $6,563
Apparel $6,029
--Men & Boys $1,348
--Women & Girls $2,442
--Children < 2 $25
--Footwear $1,272
Transportation $31,569
--New Vehicles $5,902
--Used Vehicles $6,741
--Fuel $6,817
--Insurance $3,154
--Public Transit $2,646
Healthcare $16,077
Entertainment $10,430
--Pets $2,137
--Toys $509
Personal Care Products $2,493
Books & Literature $356
Education $4,553
Tobacco Products $1,119
Miscellaneous $3,205
Retirement $6,105
Non-health Insurance $23,607
Total Expenditures $198,062

Selected Population Data

Period Geography Population
2014 Hermantown city, Minnesota 9,588
2015 Hermantown city, Minnesota 9,627
2016 Hermantown city, Minnesota 9,599
2017 Hermantown city, Minnesota 9,603
2018 Hermantown city, Minnesota 9,621