Herman, MN
Population 428 · Minnesota
About Herman, MN
Herman is a small community located in Minnesota with a population of 428 residents according to the latest US Census Bureau American Community Survey data. The median household income is $72,917 per year, which is 3% below the national median of $75,149. The median age of 47 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 Herman features a median home value of $102,100, which is 58% below the national median of $244,900. This makes Herman one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $545, 53% below the national average of $1,163/month. Of the 263 total housing units, 81% are owner-occupied (171 units) and 19% are renter-occupied (40 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Herman shows an unemployment rate of 11.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 9.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Herman have an average one-way commute time of 19.4 minutes, one of the shorter commutes in the region.
Education & Demographics
17.7% of Herman 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 0.0% White, 0.7% Hispanic or Latino, 0.0% Black or African American, and 0.2% Asian residents, with 0.5% of the population being foreign-born.
How Herman Ranks in Minnesota
Cost of Living in Herman, MN
Compared to national averages, Herman has a median household income of $72,917 (3% below the national median of $75,149). Home values average $102,100, which is 58% below the national median. Monthly rent at $545 is 53% below the US average of $1,163. Within Minnesota, Herman's income is 2% below the state average of $74,221, and home values are 50% below the state median of $204,472.
Why Live in Herman, MN?
Herman offers affordable housing with a median home value of $102,100, below the US average of $244,900, and rent that’s lower than the national average at $545/month, and a low poverty rate of 9.6%, better than the national average. Additionally, the city features short commute times averaging just 19.4 minutes.
Potential considerations include median household income ($72,917) that falls below the national average. However, Herman’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Herman has a population of 428 with a median age of 47 years. Compare Herman with other cities to see how it stacks up, or explore all cities in Minnesota.
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Demographics
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Economy & Education
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Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Herman
What is the population of Herman, MN?
The population of Herman, MN is 428 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 Herman?
The median household income in Herman, MN is $72,917 per year, which is 3% below the national median of $75,149.
What is the median home value in Herman?
The median home value in Herman, MN is $102,100, which is 58% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Herman?
The median monthly rent in Herman, MN is $545, which is 53% below the national average of $1,163/month.
What is the unemployment rate in Herman?
The unemployment rate in Herman, MN is 11.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Herman, MN a good place to live?
Herman offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 428 and a median age of 47, the city appeals to established professionals and retirees.
How educated is Herman, MN?
17.7% of residents in Herman 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 Herman?
Key cost-of-living indicators for Herman, MN: median home value is $102,100 (58% below national), median rent is $545/month, and median household income is $72,917. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Herman?
The poverty rate in Herman, MN is 9.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Herman, MN?
Herman's population is 0.0% White, 0.7% Hispanic or Latino, 0.0% Black or African American, 0.2% Asian, and 0.7% two or more races. 0.5% of residents are foreign-born.