Hayfield, MN
Population 1,382 · Minnesota
About Hayfield, MN
Hayfield is a small town located in Minnesota with a population of 1,382 residents according to the latest US Census Bureau American Community Survey data. The median household income is $69,688 per year, which is 7% below the national median of $75,149. The median age of 36 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Hayfield features a median home value of $173,000, which is 29% below the national median of $244,900. This positions Hayfield in a moderately priced market relative to the rest of the country. Median monthly rent is $933, 20% below the national average of $1,163/month. Of the 595 total housing units, 70% are owner-occupied (394 units) and 30% are renter-occupied (172 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hayfield shows an unemployment rate of 2.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Hayfield have an average one-way commute time of 26.4 minutes.
Education & Demographics
17.6% of Hayfield 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 3.5% White, 0.1% Hispanic or Latino, 0.0% Black or African American, and 0.4% Asian residents, with 1.3% of the population being foreign-born.
Cost of Living in Hayfield, MN
Compared to national averages, Hayfield has a median household income of $69,688 (7% below the national median of $75,149). Home values average $173,000, which is 29% below the national median. Monthly rent at $933 is 20% below the US average of $1,163. Within Minnesota, Hayfield's income is 6% below the state average of $74,221, and home values are 15% below the state median of $204,472.
Why Live in Hayfield, MN?
Hayfield offers affordable housing with a median home value of $173,000, below the US average of $244,900, and rent that’s lower than the national average at $933/month, and a strong job market with an unemployment rate of just 2.4%. Additionally, the city features a low poverty rate of 12.3%, better than the national average.
Potential considerations include median household income ($69,688) that falls below the national average. However, Hayfield’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hayfield has a population of 1,382 with a median age of 36 years. Compare Hayfield with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Hayfield
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Renville | 1,397 | $73,750 | $109,700 | Compare |
| Tonka Bay | 1,361 | $151,563 | $869,900 | Compare |
| Appleton | 1,360 | $40,117 | $71,300 | Compare |
| Fulda | 1,348 | $68,056 | $155,100 | Compare |
| Babbitt | 1,420 | $54,318 | $96,000 | Compare |
| Richmond | 1,336 | $67,381 | $225,500 | Compare |
| Wheaton | 1,334 | $52,260 | $82,200 | Compare |
| Dassel | 1,332 | $59,750 | $218,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Hayfield With Other Cities
Frequently Asked Questions about Hayfield
What is the population of Hayfield, MN?
The population of Hayfield, MN is 1,382 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Minnesota.
What is the median household income in Hayfield?
The median household income in Hayfield, MN is $69,688 per year, which is 7% below the national median of $75,149.
What is the median home value in Hayfield?
The median home value in Hayfield, MN is $173,000, which is 29% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hayfield?
The median monthly rent in Hayfield, MN is $933, which is 20% below the national average of $1,163/month.
What is the unemployment rate in Hayfield?
The unemployment rate in Hayfield, MN is 2.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Hayfield, MN a good place to live?
Hayfield offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,382 and a median age of 36, the city appeals to a broad range of residents.
How educated is Hayfield, MN?
17.6% of residents in Hayfield 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 Hayfield?
Key cost-of-living indicators for Hayfield, MN: median home value is $173,000 (29% below national), median rent is $933/month, and median household income is $69,688. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hayfield?
The poverty rate in Hayfield, MN is 12.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Hayfield, MN?
Hayfield's population is 3.5% White, 0.1% Hispanic or Latino, 0.0% Black or African American, 0.4% Asian, and 9.4% two or more races. 1.3% of residents are foreign-born.