Hendricks, MN
Population 572 · Minnesota
About Hendricks, MN
Hendricks is a small community located in Minnesota with a population of 572 residents according to the latest US Census Bureau American Community Survey data. The median household income is $45,125 per year, which is 40% below the national median of $75,149. The median age of 54.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Hendricks features a median home value of $78,100, which is 68% below the national median of $244,900. This makes Hendricks one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $666, 43% below the national average of $1,163/month. Of the 393 total housing units, 72% are owner-occupied (221 units) and 28% are renter-occupied (86 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hendricks shows an unemployment rate of 1.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 15.4%, above the national average of 12.4%. Workers in Hendricks have an average one-way commute time of 15.1 minutes, one of the shorter commutes in the region.
Education & Demographics
24.5% of Hendricks residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 2.1% White, 4.4% Hispanic or Latino, 1.2% Black or African American, and 0.7% Asian residents, with 4.4% of the population being foreign-born.
Cost of Living in Hendricks, MN
Compared to national averages, Hendricks has a median household income of $45,125 (40% below the national median of $75,149). Home values average $78,100, which is 68% below the national median. Monthly rent at $666 is 43% below the US average of $1,163. Within Minnesota, Hendricks's income is 39% below the state average of $74,221, and home values are 62% below the state median of $204,472.
Why Live in Hendricks, MN?
Hendricks offers affordable housing with a median home value of $78,100, below the US average of $244,900, and rent that’s lower than the national average at $666/month, and a strong job market with an unemployment rate of just 1.9%. Additionally, the city features short commute times averaging just 15.1 minutes.
Potential considerations include median household income ($45,125) that falls below the national average. However, Hendricks’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hendricks has a population of 572 with a median age of 54.6 years. Compare Hendricks with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Hendricks
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lake Park | 573 | $63,250 | $160,900 | Compare |
| Lynd | 570 | $79,375 | $170,000 | Compare |
| Stewart | 570 | $62,692 | $115,900 | Compare |
| Littlefork | 577 | $61,685 | $114,500 | Compare |
| New Germany | 581 | $88,438 | $252,600 | Compare |
| Brooten | 582 | $47,500 | $128,900 | Compare |
| Bethel | 559 | $102,500 | $260,200 | Compare |
| Graceville | 586 | $51,667 | $101,700 | 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 Hendricks With Other Cities
Frequently Asked Questions about Hendricks
What is the population of Hendricks, MN?
The population of Hendricks, MN is 572 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 Hendricks?
The median household income in Hendricks, MN is $45,125 per year, which is 40% below the national median of $75,149.
What is the median home value in Hendricks?
The median home value in Hendricks, MN is $78,100, which is 68% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hendricks?
The median monthly rent in Hendricks, MN is $666, which is 43% below the national average of $1,163/month.
What is the unemployment rate in Hendricks?
The unemployment rate in Hendricks, MN is 1.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Hendricks, MN a good place to live?
Hendricks offers a moderate cost of living, affordable housing, and a strong job market. With a population of 572 and a median age of 54.6, the city appeals to established professionals and retirees.
How educated is Hendricks, MN?
24.5% of residents in Hendricks 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 Hendricks?
Key cost-of-living indicators for Hendricks, MN: median home value is $78,100 (68% below national), median rent is $666/month, and median household income is $45,125. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hendricks?
The poverty rate in Hendricks, MN is 15.4%, 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 Hendricks, MN?
Hendricks's population is 2.1% White, 4.4% Hispanic or Latino, 1.2% Black or African American, 0.7% Asian, and 1.4% two or more races. 4.4% of residents are foreign-born.