The median household income in Hoyt Lakes, MN in 2022 was $66,562, which was 23.7% less than the median annual income of $82,338 across the entire state of Minnesota. Compared to the median income of $39,493 in 2000 this represents an increase of 40.7%. The per capita income in 2022 was $28,810, which means an increase of 34.5% compared to 2000 when it was $18,882.
Whole page based on the data from 2000 / 2022 when the population of Hoyt Lakes, Minnesota was 2,082 / 2,089
Income statistics for all residents
Median household income in Hoyt Lakes, MN in 2022:
Hoyt Lakes:
$66,563
State:
$82,338
Change in median household income between 2000 and 2022:
Hoyt Lakes, Minnesota:
+68.5%
Minnesota:
+74.8%
Number of households with income < $10k:
Hoyt Lakes:
4.3% (37)
Minnesota:
4.3% (100,518)
Number of households with income $10k - 20k:
Hoyt Lakes:
5.3% (46)
Minnesota:
5.6% (130,945)
Number of households with income $20k - 30k:
Hoyt Lakes:
10.0% (87)
State:
6.1% (140,637)
Number of households with income $30k - 40k:
Hoyt Lakes:
9.1% (79)
Minnesota:
6.5% (151,862)
Number of households with income $40k - 50k:
Hoyt Lakes:
9.4% (82)
State:
6.7% (154,930)
Number of households with income $50k - 60k:
Hoyt Lakes:
10.6% (92)
Minnesota:
6.9% (159,181)
Number of households with income $60k - 75k:
Hoyt Lakes:
13.4% (116)
State:
9.4% (218,220)
Number of households with income $75k - 100k:
Hoyt Lakes:
12.6% (109)
Minnesota:
13.8% (319,951)
Number of households with income $100k - 125k:
Hoyt Lakes:
14.2% (123)
Minnesota:
10.8% (251,243)
Number of households with income $125k - 150k:
Hoyt Lakes:
7.0% (61)
State:
8.2% (190,349)
Number of households with income $150k - 200k:
Hoyt Lakes:
3.3% (29)
Minnesota:
10.2% (236,018)
Number of households with income > $200k:
Hoyt Lakes:
0.8% (7)
State:
11.6% (268,336)
Aggregate household income in Hoyt Lakes in 2022: $59,997,334
Median family income in Hoyt Lakes in 2022:
Hoyt Lakes:
$72,864
State:
$105,324
Number of families with income < $10k:
Hoyt Lakes:
1.3% (7)
Minnesota:
2.2% (31,728)
Number of families with income $10k - 20k:
Hoyt Lakes:
3.1% (18)
State:
2.5% (36,635)
Number of families with income $20k - 30k:
Hoyt Lakes:
1.5% (9)
State:
3.5% (50,742)
Number of families with income $30k - 40k:
Hoyt Lakes:
4.6% (26)
State:
4.4% (64,281)
Number of families with income $40k - 50k:
Hoyt Lakes:
11.1% (63)
Minnesota:
5.2% (76,436)
Number of families with income $50k - 60k:
Hoyt Lakes:
13.2% (75)
State:
5.7% (83,050)
Number of families with income $60k - 75k:
Hoyt Lakes:
17.4% (99)
Minnesota:
8.8% (127,783)
Number of families with income $75k - 100k:
Hoyt Lakes:
14.2% (80)
State:
14.7% (214,426)
Number of families with income $100k - 125k:
Hoyt Lakes:
15.9% (90)
State:
13.1% (190,094)
Number of families with income $125k - 150k:
Hoyt Lakes:
11.2% (64)
Minnesota:
10.3% (149,830)
Number of families with income $150k - 200k:
Hoyt Lakes:
5.4% (30)
State:
13.6% (197,479)
Number of families with income > $200k:
Hoyt Lakes:
1.2% (7)
State:
16.1% (233,828)
Median non-family income in Hoyt Lakes in 2022:
Hoyt Lakes:
$33,887
Minnesota:
$48,461
Change in median non-family income between 2000 and 2022:
Hoyt Lakes, Minnesota:
+54.9%
State:
+73.6%
Median per capita income in Hoyt Lakes in 2022:
Hoyt Lakes:
$28,810
State:
$45,021
Change in median per capita income between 2000 and 2022:
Hoyt Lakes, Minnesota:
+52.6%
State:
+94.1%
Income statistics for White residents
Median household income in Hoyt Lakes, MN in 2022:
Hoyt Lakes:
$58,905
Minnesota:
$85,697
Change in median household income between 2000 and 2022:
Hoyt Lakes, Minnesota:
+48.6%
State:
+77.5%
Number of households with income < $10k:
Hoyt Lakes:
4.8% (39)
State:
3.9% (74,145)
Number of households with income $10k - 20k:
Hoyt Lakes:
5.6% (46)
State:
5.1% (97,289)
Number of households with income $20k - 30k:
Hoyt Lakes:
10.3% (84)
Minnesota:
5.8% (111,536)
Number of households with income $30k - 40k:
Hoyt Lakes:
9.9% (81)
State:
6.2% (118,402)
Number of households with income $40k - 50k:
Hoyt Lakes:
9.6% (78)
State:
6.6% (126,331)
Number of households with income $50k - 60k:
Hoyt Lakes:
11.2% (91)
Minnesota:
6.8% (129,961)
Number of households with income $60k - 75k:
Hoyt Lakes:
14.0% (114)
State:
9.4% (181,337)
Number of households with income $75k - 100k:
Hoyt Lakes:
9.8% (80)
State:
13.8% (265,776)
Number of households with income $100k - 125k:
Hoyt Lakes:
13.7% (112)
State:
11.2% (214,803)
Number of households with income $125k - 150k:
Hoyt Lakes:
7.4% (60)
State:
8.6% (164,715)
Number of households with income $150k - 200k:
Hoyt Lakes:
2.8% (23)
State:
10.6% (203,283)
Number of households with income > $200k:
Hoyt Lakes:
0.9% (7)
State:
12.2% (233,694)
Aggregate household income in Hoyt Lakes in 2022: $55,010,142
Median family income in Hoyt Lakes in 2022:
Hoyt Lakes:
$71,528
State:
$110,049
Number of families with income < $10k:
Hoyt Lakes:
1.5% (8)
State:
1.5% (17,407)
Number of families with income $10k - 20k:
Hoyt Lakes:
3.1% (16)
Minnesota:
1.9% (22,955)
Number of families with income $20k - 30k:
Hoyt Lakes:
1.6% (8)
State:
2.9% (34,913)
Number of families with income $30k - 40k:
Hoyt Lakes:
5.1% (27)
State:
3.7% (44,598)
Number of families with income $40k - 50k:
Hoyt Lakes:
11.6% (61)
Minnesota:
4.9% (58,683)
Number of families with income $50k - 60k:
Hoyt Lakes:
13.5% (71)
State:
5.4% (64,644)
Number of families with income $60k - 75k:
Hoyt Lakes:
18.8% (99)
State:
8.9% (105,839)
Number of families with income $75k - 100k:
Hoyt Lakes:
10.2% (54)
State:
14.8% (177,106)
Number of families with income $100k - 125k:
Hoyt Lakes:
16.5% (86)
State:
13.6% (162,292)
Number of families with income $125k - 150k:
Hoyt Lakes:
11.9% (63)
State:
10.9% (130,417)
Number of families with income $150k - 200k:
Hoyt Lakes:
4.7% (25)
State:
14.3% (171,257)
Number of families with income > $200k:
Hoyt Lakes:
1.3% (7)
Minnesota:
17.1% (204,721)
Median non-family income in Hoyt Lakes in 2022:
Hoyt Lakes:
$32,928
Minnesota:
$49,920
Change in median non-family income between 2000 and 2022:
Hoyt Lakes, Minnesota:
+50.5%
State:
+76.0%
Median per capita income in Hoyt Lakes in 2022:
Hoyt Lakes:
$29,725
State:
$49,507
Change in median per capita income between 2000 and 2022:
Hoyt Lakes, Minnesota:
+55.9%
Minnesota:
+103.3%
Income statistics for Hispanic or Latino residents
Number of households with income < $10k:
Hoyt Lakes:
0.0% (0)
Minnesota:
4.0% (3,834)
Number of households with income $10k - 20k:
Hoyt Lakes:
0.0% (0)
State:
6.1% (5,874)
Number of households with income $20k - 30k:
Hoyt Lakes:
0.0% (0)
State:
9.9% (9,526)
Number of households with income $30k - 40k:
Hoyt Lakes:
0.0% (0)
State:
10.1% (9,710)
Number of households with income $40k - 50k:
Hoyt Lakes:
0.0% (0)
State:
8.0% (7,724)
Number of households with income $50k - 60k:
Hoyt Lakes:
40.7% (11)
State:
9.6% (9,248)
Number of households with income $60k - 75k:
Hoyt Lakes:
0.0% (0)
State:
10.8% (10,444)
Number of households with income $75k - 100k:
Hoyt Lakes:
59.3% (16)
State:
15.0% (14,464)
Number of households with income $100k - 125k:
Hoyt Lakes:
0.0% (0)
State:
7.6% (7,348)
Number of households with income $125k - 150k:
Hoyt Lakes:
0.0% (0)
Minnesota:
5.1% (4,890)
Number of households with income $150k - 200k:
Hoyt Lakes:
0.0% (0)
State:
6.5% (6,257)
Number of households with income > $200k:
Hoyt Lakes:
0.0% (0)
State:
7.3% (7,057)
Median per capita income in Hoyt Lakes in 2022:
Hoyt Lakes:
$17,789
State:
$27,748
Income statistics for American Indian and Alaska Native residents
Median per capita income in Hoyt Lakes in 2022:
Hoyt Lakes:
$19,631
Minnesota:
$24,180
Income statistics for Multirace residents
Median household income in Hoyt Lakes, MN in 2022:
Hoyt Lakes:
$107,973
State:
$74,586
Number of households with income < $10k:
Hoyt Lakes:
0.0% (0)
State:
4.8% (5,071)
Number of households with income $10k - 20k:
Hoyt Lakes:
0.0% (0)
Minnesota:
7.2% (7,697)
Number of households with income $20k - 30k:
Hoyt Lakes:
0.0% (0)
Minnesota:
8.0% (8,495)
Number of households with income $30k - 40k:
Hoyt Lakes:
0.0% (0)
State:
8.9% (9,445)
Number of households with income $40k - 50k:
Hoyt Lakes:
0.0% (0)
Minnesota:
6.3% (6,680)
Number of households with income $50k - 60k:
Hoyt Lakes:
0.0% (0)
State:
6.7% (7,171)
Number of households with income $60k - 75k:
Hoyt Lakes:
0.0% (0)
Minnesota:
8.4% (8,916)
Number of households with income $75k - 100k:
Hoyt Lakes:
83.0% (44)
Minnesota:
13.8% (14,719)
Number of households with income $100k - 125k:
Hoyt Lakes:
0.0% (0)
State:
10.0% (10,590)
Number of households with income $125k - 150k:
Hoyt Lakes:
0.0% (0)
Minnesota:
7.3% (7,720)
Number of households with income $150k - 200k:
Hoyt Lakes:
17.0% (9)
State:
8.2% (8,751)
Number of households with income > $200k:
Hoyt Lakes:
0.0% (0)
Minnesota:
10.5% (11,170)
Aggregate household income in Hoyt Lakes in 2022: $5,292,868
Median family income in Hoyt Lakes in 2022:
Hoyt Lakes:
$100,560
State:
$91,504
Number of families with income $75k - 100k:
Hoyt Lakes:
82.9% (44)
Minnesota:
15.0% (9,721)
Number of families with income $150k - 200k:
Hoyt Lakes:
17.1% (9)
State:
11.1% (7,156)
Median per capita income in Hoyt Lakes in 2022:
Hoyt Lakes:
$17,434
Minnesota:
$28,529
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