Hibbing, MN
Population 16,100 · Minnesota
About Hibbing, MN
Hibbing is a mid-sized city located in Minnesota with a population of 16,100 residents according to the latest US Census Bureau American Community Survey data. The median household income is $55,463 per year, which is 26% below the national median of $75,149. The median age of 43 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 Hibbing features a median home value of $123,900, which is 49% below the national median of $244,900. This makes Hibbing one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $739, 36% below the national average of $1,163/month. Of the 8,457 total housing units, 74% are owner-occupied (5,682 units) and 26% are renter-occupied (1,958 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hibbing shows an unemployment rate of 5.2%, which is near the national rate of 3.7%. The poverty rate stands at 14.2%, above the national average of 12.4%. Workers in Hibbing have an average one-way commute time of 17 minutes, one of the shorter commutes in the region.
Education & Demographics
18.9% of Hibbing 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 0.7% White, 1.1% Hispanic or Latino, 0.8% Black or African American, and 0.2% Asian residents, with 2.3% of the population being foreign-born.
Cost of Living in Hibbing, MN
Compared to national averages, Hibbing has a median household income of $55,463 (26% below the national median of $75,149). Home values average $123,900, which is 49% below the national median. Monthly rent at $739 is 36% below the US average of $1,163. Within Minnesota, Hibbing's income is 25% below the state average of $74,221, and home values are 39% below the state median of $204,472.
Why Live in Hibbing, MN?
Hibbing offers affordable housing with a median home value of $123,900, below the US average of $244,900, and rent that’s lower than the national average at $739/month, and short commute times averaging just 17 minutes.
Potential considerations include median household income ($55,463) that falls below the national average. However, Hibbing’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hibbing has a population of 16,100 with a median age of 43 years. Compare Hibbing with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Hibbing
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hugo | 16,076 | $114,057 | $394,200 | Compare |
| Buffalo | 16,388 | $88,306 | $281,900 | Compare |
| Ham Lake | 16,575 | $116,845 | $430,100 | Compare |
| Red Wing | 16,660 | $65,259 | $224,800 | Compare |
| Bemidji | 15,490 | $53,850 | $189,500 | Compare |
| Hutchinson | 14,629 | $71,730 | $210,300 | Compare |
| Monticello | 14,607 | $81,563 | $298,400 | Compare |
| Alexandria | 14,579 | $61,558 | $247,200 | 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 Hibbing With Other Cities
Frequently Asked Questions about Hibbing
What is the population of Hibbing, MN?
The population of Hibbing, MN is 16,100 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Minnesota.
What is the median household income in Hibbing?
The median household income in Hibbing, MN is $55,463 per year, which is 26% below the national median of $75,149.
What is the median home value in Hibbing?
The median home value in Hibbing, MN is $123,900, which is 49% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hibbing?
The median monthly rent in Hibbing, MN is $739, which is 36% below the national average of $1,163/month.
What is the unemployment rate in Hibbing?
The unemployment rate in Hibbing, MN is 5.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Hibbing, MN a good place to live?
Hibbing offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 16,100 and a median age of 43, the city appeals to a broad range of residents.
How educated is Hibbing, MN?
18.9% of residents in Hibbing 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 Hibbing?
Key cost-of-living indicators for Hibbing, MN: median home value is $123,900 (49% below national), median rent is $739/month, and median household income is $55,463. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hibbing?
The poverty rate in Hibbing, MN is 14.2%, 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 Hibbing, MN?
Hibbing's population is 0.7% White, 1.1% Hispanic or Latino, 0.8% Black or African American, 0.2% Asian, and 2.2% two or more races. 2.3% of residents are foreign-born.