Hardwick, MN
Population 199 · Minnesota
About Hardwick, MN
Hardwick is a small community located in Minnesota with a population of 199 residents according to the latest US Census Bureau American Community Survey data. The median household income is $37,917 per year, which is 50% below the national median of $75,149. The median age of 28.4 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Hardwick features a median home value of $75,000, which is 69% below the national median of $244,900. This makes Hardwick one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $646, 44% below the national average of $1,163/month. Of the 92 total housing units, 49% are owner-occupied (41 units) and 51% are renter-occupied (43 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Hardwick shows an unemployment rate of 2.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 15.6%, above the national average of 12.4%. Workers in Hardwick have an average one-way commute time of 19.3 minutes, one of the shorter commutes in the region.
Education & Demographics
21.4% of Hardwick residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 20.6% White, 0.5% Hispanic or Latino, 0.0% Black or African American, and 9.0% Asian residents, with 7.5% of the population being foreign-born.
Cost of Living in Hardwick, MN
Compared to national averages, Hardwick has a median household income of $37,917 (50% below the national median of $75,149). Home values average $75,000, which is 69% below the national median. Monthly rent at $646 is 44% below the US average of $1,163. Within Minnesota, Hardwick's income is 49% below the state average of $74,221, and home values are 63% below the state median of $204,472.
Why Live in Hardwick, MN?
Hardwick offers affordable housing with a median home value of $75,000, below the US average of $244,900, and rent that’s lower than the national average at $646/month, and a strong job market with an unemployment rate of just 2.1%. Additionally, the city features short commute times averaging just 19.3 minutes.
Potential considerations include median household income ($37,917) that falls below the national average. However, Hardwick’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hardwick has a population of 199 with a median age of 28.4 years. Compare Hardwick with other cities to see how it stacks up, or explore all cities in Minnesota.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Hardwick
What is the population of Hardwick, MN?
The population of Hardwick, MN is 199 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Minnesota.
What is the median household income in Hardwick?
The median household income in Hardwick, MN is $37,917 per year, which is 50% below the national median of $75,149.
What is the median home value in Hardwick?
The median home value in Hardwick, MN is $75,000, which is 69% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Hardwick?
The median monthly rent in Hardwick, MN is $646, which is 44% below the national average of $1,163/month.
What is the unemployment rate in Hardwick?
The unemployment rate in Hardwick, MN is 2.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Hardwick, MN a good place to live?
Hardwick offers a moderate cost of living, affordable housing, and a strong job market. With a population of 199 and a median age of 28.4, the city appeals to young professionals and families.
How educated is Hardwick, MN?
21.4% of residents in Hardwick aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Hardwick?
Key cost-of-living indicators for Hardwick, MN: median home value is $75,000 (69% below national), median rent is $646/month, and median household income is $37,917. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hardwick?
The poverty rate in Hardwick, MN is 15.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Hardwick, MN?
Hardwick's population is 20.6% White, 0.5% Hispanic or Latino, 0.0% Black or African American, 9.0% Asian, and 0.0% two or more races. 7.5% of residents are foreign-born.