Lake Benton vs Hoffman
Side-by-side comparison
How does Lake Benton, MN compare to Hoffman, MN? Lake Benton has a population of 698 with a median household income of $52,000, while Hoffman has 708 residents and a median income of $47,000. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Lake Benton, MN | Hoffman, MN | Difference |
|---|---|---|---|
| Population | 698 | 708 | -1.4% |
| Median Age | 45.1 | 34.8 | +29.6% |
| Foreign Born % | 0.7% | 2.4% | -70.8% |
| Metric | Lake Benton | Hoffman | Difference |
|---|---|---|---|
| Median Income | $52,000 | $47,000 | +10.6% |
| Unemployment | 3.3% | 3.4% | -2.9% |
| Poverty Rate | 13.3% | 21.4% | -37.9% |
| Bachelor's+ | 21.7% | 14.3% | +51.7% |
| Metric | Lake Benton | Hoffman | Difference |
|---|---|---|---|
| Home Value | $91,900 | $127,700 | -28.0% |
| Median Rent | $550/mo | $750/mo | -26.7% |
| Housing Units | 401 | 343 | +16.9% |