Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

29 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: $798

Average Rent as Percentage of Gross Income

Median rent for 2018: $679

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $5,174
--Home Prepared Food $2,916
--Restaurant/Takeaway Food $2,259
Alcoholic Beverages $380
Housing $13,116
--Rent/Mortgage/Upkeep/Taxes $7,669
--Utilities $2,644
--Operations $996
--Supplies $488
--Furnishings $1,324
Apparel $1,217
--Men & Boys $272
--Women & Girls $493
--Children < 2 $5
--Footwear $257
Transportation $6,370
--New Vehicles $1,191
--Used Vehicles $1,360
--Fuel $1,376
--Insurance $637
--Public Transit $534
Healthcare $3,244
Entertainment $2,105
--Pets $431
--Toys $103
Personal Care Products $503
Books & Literature $72
Education $919
Tobacco Products $226
Miscellaneous $647
Retirement $1,232
Non-health Insurance $4,764
Total Expenditures $39,968

Selected Population Data

Period Geography Population
2014 Hoyt Lakes city, Minnesota 2,003
2015 Hoyt Lakes city, Minnesota 2,002
2016 Hoyt Lakes city, Minnesota 2,080
2017 Hoyt Lakes city, Minnesota 2,086
2018 Hoyt Lakes city, Minnesota 2,081