Hermantown, MN
Population 10,192 · Minnesota
About Hermantown, MN
Hermantown is a mid-sized city in Minnesota with a population of 10,192 residents. The median household income is $92,026 per year, which is above the national average. The median age in Hermantown is 37.8 years.
Housing in Hermantown has a median home value of $374,000 and median monthly rent of $1,375. Of the 3,878 total housing units, the majority are owner-occupied, with 2,806 owner-occupied and 935 renter-occupied units.
The unemployment rate in Hermantown is 1.8% and the poverty rate is 5.1%. 39.8% of residents hold a bachelor's degree or higher. The average commute time is 18.6 minutes.
Cost of Living in Hermantown, MN
Compared to national averages, Hermantown has a median household income of $92,026 (22% above the national median of $75,149). Home values average $374,000, which is 53% above the national median. Monthly rent at $1,375 is 18% above the US average of $1,163. Within Minnesota, Hermantown's income is 24% above the state average of $74,221, and home values are 83% above the state median of $204,472.
Why Live in Hermantown, MN?
Hermantown offers a strong local economy with a median household income of $92,026, well above the national average, and a strong job market with an unemployment rate of just 1.8%, and a well-educated community where 39.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.1%, better than the national average, and short commute times averaging just 18.6 minutes.
Potential considerations include a competitive housing market where the typical home costs $374,000. However, Hermantown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hermantown has a population of 10,192 with a median age of 37.8 years. Compare Hermantown with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Hermantown
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fairmont | 10,348 | $59,228 | $168,800 | Compare |
| Detroit Lakes | 10,002 | $62,123 | $246,200 | Compare |
| Cambridge | 9,992 | $67,632 | $234,800 | Compare |
| Little Canada | 10,546 | $71,370 | $302,600 | Compare |
| Arden Hills | 9,737 | $128,668 | $423,800 | Compare |
| St. Anthony city (Hennepin and Ramsey Counties), Minnesota | 9,516 | $97,784 | $365,700 | Compare |
| Victoria | 10,972 | $192,821 | $572,800 | Compare |
| Waseca | 9,209 | $61,546 | $185,600 | 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.
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Frequently Asked Questions about Hermantown
What is the population of Hermantown, MN?
The population of Hermantown, MN is 10,192 according to the latest Census data.
What is the median household income in Hermantown?
The median household income in Hermantown, MN is $92,026 per year.
What is the median home value in Hermantown?
The median home value in Hermantown, MN is $374,000.
What is the average rent in Hermantown?
The median monthly rent in Hermantown, MN is $1,375.
What is the unemployment rate in Hermantown?
The unemployment rate in Hermantown, MN is 1.8%.