Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

2 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: $1,088

Average Rent as Percentage of Gross Income

Median rent for 2018: $599

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $1,366
--Home Prepared Food $770
--Restaurant/Takeaway Food $596
Alcoholic Beverages $100
Housing $3,464
--Rent/Mortgage/Upkeep/Taxes $2,025
--Utilities $698
--Operations $263
--Supplies $129
--Furnishings $350
Apparel $321
--Men & Boys $72
--Women & Girls $130
--Children < 2 $1
--Footwear $68
Transportation $1,682
--New Vehicles $315
--Used Vehicles $359
--Fuel $363
--Insurance $168
--Public Transit $141
Healthcare $857
Entertainment $556
--Pets $114
--Toys $27
Personal Care Products $133
Books & Literature $19
Education $243
Tobacco Products $60
Miscellaneous $171
Retirement $325
Non-health Insurance $1,258
Total Expenditures $10,555

Selected Population Data

Period Geography Population
2014 Hoffman city, Minnesota 686
2015 Hoffman city, Minnesota 710
2016 Hoffman city, Minnesota 667
2017 Hoffman city, Minnesota 620
2018 Hoffman city, Minnesota 587