Hoffman, MN
Population 708 · Minnesota
About Hoffman, MN
Hoffman is a small community in Minnesota with a population of 708 residents. The median household income is $47,000 per year, which is below the national average. The median age in Hoffman is 34.8 years.
Housing in Hoffman has a median home value of $127,700 and median monthly rent of $750. Of the 343 total housing units, the majority are owner-occupied, with 187 owner-occupied and 117 renter-occupied units.
The unemployment rate in Hoffman is 3.4% and the poverty rate is 21.4%. 14.3% of residents hold a bachelor's degree or higher. The average commute time is 32.1 minutes.
Cost of Living in Hoffman, MN
Compared to national averages, Hoffman has a median household income of $47,000 (37% below the national median of $75,149). Home values average $127,700, which is 48% below the national median. Monthly rent at $750 is 36% below the US average of $1,163. Within Minnesota, Hoffman's income is 37% below the state average of $74,221, and home values are 38% below the state median of $204,472.
Why Live in Hoffman, MN?
Hoffman offers affordable housing with a median home value of $127,700, below the US average of $244,900, and rent that’s lower than the national average at $750/month, and a strong job market with an unemployment rate of just 3.4%.
Potential considerations include median household income ($47,000) that falls below the national average. However, Hoffman’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hoffman has a population of 708 with a median age of 34.8 years. Compare Hoffman with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Hoffman
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Vineland | 709 | $55,781 | $135,000 | Compare |
| Marine on St. Croix | 712 | $123,750 | $464,100 | Compare |
| Blackduck | 715 | $35,417 | $138,800 | Compare |
| Clarissa | 700 | $45,500 | $104,000 | Compare |
| Sebeka | 716 | $40,179 | $82,900 | Compare |
| Lake Benton | 698 | $52,000 | $91,900 | Compare |
| Walnut Grove | 719 | $59,583 | $81,000 | Compare |
| Greenwood | 720 | $199,063 | $1,041,700 | 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.
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Frequently Asked Questions about Hoffman
What is the population of Hoffman, MN?
The population of Hoffman, MN is 708 according to the latest Census data.
What is the median household income in Hoffman?
The median household income in Hoffman, MN is $47,000 per year.
What is the median home value in Hoffman?
The median home value in Hoffman, MN is $127,700.
What is the average rent in Hoffman?
The median monthly rent in Hoffman, MN is $750.
What is the unemployment rate in Hoffman?
The unemployment rate in Hoffman, MN is 3.4%.