Hector, MN
Population 1,111 · Minnesota
About Hector, MN
Hector is a small town located in Minnesota with a population of 1,111 residents according to the latest US Census Bureau American Community Survey data. The median household income is $59,762 per year, which is 20% below the national median of $75,149. The median age of 38.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Hector features a median home value of $124,100, which is 49% below the national median of $244,900. This makes Hector one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,108, 5% below the national average of $1,163/month. Of the 554 total housing units, 75% are owner-occupied (350 units) and 25% are renter-occupied (116 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hector shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 7.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Hector have an average one-way commute time of 15.6 minutes, one of the shorter commutes in the region.
Education & Demographics
14.7% of Hector 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 3.6% White, 4.1% Hispanic or Latino, 0.0% Black or African American, and 2.4% Asian residents, with 2.3% of the population being foreign-born.
Cost of Living in Hector, MN
Compared to national averages, Hector has a median household income of $59,762 (20% below the national median of $75,149). Home values average $124,100, which is 49% below the national median. Monthly rent at $1,108 is 5% below the US average of $1,163. Within Minnesota, Hector's income is 19% below the state average of $74,221, and home values are 39% below the state median of $204,472.
Why Live in Hector, MN?
Hector offers affordable housing with a median home value of $124,100, below the US average of $244,900, and rent that’s lower than the national average at $1,108/month, and a low poverty rate of 7.9%, better than the national average. Additionally, the city features short commute times averaging just 15.6 minutes.
Potential considerations include median household income ($59,762) that falls below the national average. However, Hector’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hector has a population of 1,111 with a median age of 38.5 years. Compare Hector with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Hector
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lake St. Croix Beach | 1,106 | $100,134 | $334,600 | Compare |
| Baudette | 1,117 | $71,042 | $171,000 | Compare |
| Lake Shore | 1,117 | $96,923 | $532,500 | Compare |
| Cottonwood | 1,120 | $90,750 | $180,200 | Compare |
| Royalton | 1,092 | $64,643 | $201,500 | Compare |
| Harmony | 1,089 | $65,536 | $154,800 | Compare |
| Parkers Prairie | 1,089 | $58,750 | $152,500 | Compare |
| Fairfax | 1,134 | $53,750 | $99,800 | 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 Hector With Other Cities
Frequently Asked Questions about Hector
What is the population of Hector, MN?
The population of Hector, MN is 1,111 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 Hector?
The median household income in Hector, MN is $59,762 per year, which is 20% below the national median of $75,149.
What is the median home value in Hector?
The median home value in Hector, MN is $124,100, which is 49% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hector?
The median monthly rent in Hector, MN is $1,108, which is 5% below the national average of $1,163/month.
What is the unemployment rate in Hector?
The unemployment rate in Hector, MN is 3.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Hector, MN a good place to live?
Hector offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,111 and a median age of 38.5, the city appeals to a broad range of residents.
How educated is Hector, MN?
14.7% of residents in Hector 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 Hector?
Key cost-of-living indicators for Hector, MN: median home value is $124,100 (49% below national), median rent is $1,108/month, and median household income is $59,762. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hector?
The poverty rate in Hector, MN is 7.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Hector, MN?
Hector's population is 3.6% White, 4.1% Hispanic or Latino, 0.0% Black or African American, 2.4% Asian, and 0.1% two or more races. 2.3% of residents are foreign-born.