The median household income in Hoffman, MN in 2022 was $52,626, which was 56.5% less than the median annual income of $82,338 across the entire state of Minnesota. Compared to the median income of $29,464 in 2000 this represents an increase of 44.0%. The per capita income in 2022 was $25,236, which means an increase of 33.7% compared to 2000 when it was $16,725.
Whole page based on the data from 2000 / 2022 when the population of Hoffman, Minnesota was 672 / 683
Income statistics for all residents
Median household income in Hoffman, MN in 2022:
Hoffman:
$52,627
State:
$82,338
Change in median household income between 2000 and 2022:
Hoffman, Minnesota:
+78.6%
Minnesota:
+74.8%
Number of households with income < $10k:
Hoffman:
1.8% (5)
State:
4.3% (100,518)
Number of households with income $10k - 20k:
Hoffman:
14.6% (40)
State:
5.6% (130,945)
Number of households with income $20k - 30k:
Hoffman:
20.4% (56)
Minnesota:
6.1% (140,637)
Number of households with income $30k - 40k:
Hoffman:
1.8% (5)
State:
6.5% (151,862)
Number of households with income $40k - 50k:
Hoffman:
6.6% (18)
State:
6.7% (154,930)
Number of households with income $50k - 60k:
Hoffman:
10.9% (30)
Minnesota:
6.9% (159,181)
Number of households with income $60k - 75k:
Hoffman:
10.6% (29)
State:
9.4% (218,220)
Number of households with income $75k - 100k:
Hoffman:
16.8% (46)
Minnesota:
13.8% (319,951)
Number of households with income $100k - 125k:
Hoffman:
8.8% (24)
State:
10.8% (251,243)
Number of households with income $125k - 150k:
Hoffman:
5.8% (16)
Minnesota:
8.2% (190,349)
Number of households with income $150k - 200k:
Hoffman:
1.1% (3)
Minnesota:
10.2% (236,018)
Number of households with income > $200k:
Hoffman:
0.7% (2)
State:
11.6% (268,336)
Aggregate household income in Hoffman in 2022: $16,430,764
Median family income in Hoffman in 2022:
Hoffman:
$69,472
State:
$105,324
Number of families with income < $10k:
Hoffman:
1.3% (2)
State:
2.2% (31,728)
Number of families with income $10k - 20k:
Hoffman:
7.4% (14)
Minnesota:
2.5% (36,635)
Number of families with income $20k - 30k:
Hoffman:
15.6% (29)
State:
3.5% (50,742)
Number of families with income $30k - 40k:
Hoffman:
2.7% (5)
State:
4.4% (64,281)
Number of families with income $40k - 50k:
Hoffman:
7.9% (14)
Minnesota:
5.2% (76,436)
Number of families with income $50k - 60k:
Hoffman:
9.9% (18)
State:
5.7% (83,050)
Number of families with income $60k - 75k:
Hoffman:
13.8% (25)
State:
8.8% (127,783)
Number of families with income $75k - 100k:
Hoffman:
21.5% (39)
Minnesota:
14.7% (214,426)
Number of families with income $100k - 125k:
Hoffman:
11.2% (20)
Minnesota:
13.1% (190,094)
Number of families with income $125k - 150k:
Hoffman:
7.1% (13)
State:
10.3% (149,830)
Number of families with income $150k - 200k:
Hoffman:
0.6% (1)
State:
13.6% (197,479)
Number of families with income > $200k:
Hoffman:
1.1% (2)
Minnesota:
16.1% (233,828)
Median non-family income in Hoffman in 2022:
Hoffman:
$21,287
Minnesota:
$48,461
Change in median non-family income between 2000 and 2022:
Hoffman, Minnesota:
+61.1%
State:
+73.6%
Median per capita income in Hoffman in 2022:
Hoffman:
$25,236
State:
$45,021
Change in median per capita income between 2000 and 2022:
Hoffman, Minnesota:
+50.9%
Minnesota:
+94.1%
Income statistics for White residents
Median household income in Hoffman, MN in 2022:
Hoffman:
$52,324
Minnesota:
$85,697
Change in median household income between 2000 and 2022:
Hoffman, Minnesota:
+77.6%
State:
+77.5%
Number of households with income < $10k:
Hoffman:
1.9% (5)
Minnesota:
3.9% (74,145)
Number of households with income $10k - 20k:
Hoffman:
14.9% (39)
Minnesota:
5.1% (97,289)
Number of households with income $20k - 30k:
Hoffman:
20.3% (53)
State:
5.8% (111,536)
Number of households with income $30k - 40k:
Hoffman:
1.9% (5)
State:
6.2% (118,402)
Number of households with income $40k - 50k:
Hoffman:
6.9% (18)
State:
6.6% (126,331)
Number of households with income $50k - 60k:
Hoffman:
11.1% (29)
Minnesota:
6.8% (129,961)
Number of households with income $60k - 75k:
Hoffman:
10.3% (27)
State:
9.4% (181,337)
Number of households with income $75k - 100k:
Hoffman:
16.5% (43)
State:
13.8% (265,776)
Number of households with income $100k - 125k:
Hoffman:
8.0% (21)
State:
11.2% (214,803)
Number of households with income $125k - 150k:
Hoffman:
6.1% (16)
State:
8.6% (164,715)
Number of households with income $150k - 200k:
Hoffman:
1.1% (3)
State:
10.6% (203,283)
Number of households with income > $200k:
Hoffman:
0.8% (2)
State:
12.2% (233,694)
Aggregate household income in Hoffman in 2022: $15,531,189
Median family income in Hoffman in 2022:
Hoffman:
$68,717
Minnesota:
$110,049
Number of families with income < $10k:
Hoffman:
1.2% (2)
State:
1.5% (17,407)
Number of families with income $10k - 20k:
Hoffman:
7.8% (14)
Minnesota:
1.9% (22,955)
Number of families with income $20k - 30k:
Hoffman:
15.9% (28)
State:
2.9% (34,913)
Number of families with income $30k - 40k:
Hoffman:
2.7% (5)
State:
3.7% (44,598)
Number of families with income $40k - 50k:
Hoffman:
8.2% (14)
State:
4.9% (58,683)
Number of families with income $50k - 60k:
Hoffman:
10.0% (17)
State:
5.4% (64,644)
Number of families with income $60k - 75k:
Hoffman:
13.7% (24)
State:
8.9% (105,839)
Number of families with income $75k - 100k:
Hoffman:
21.7% (38)
Minnesota:
14.8% (177,106)
Number of families with income $100k - 125k:
Hoffman:
9.7% (17)
Minnesota:
13.6% (162,292)
Number of families with income $125k - 150k:
Hoffman:
7.3% (13)
State:
10.9% (130,417)
Number of families with income $150k - 200k:
Hoffman:
0.6% (1)
Minnesota:
14.3% (171,257)
Number of families with income > $200k:
Hoffman:
1.1% (2)
Minnesota:
17.1% (204,721)
Median non-family income in Hoffman in 2022:
Hoffman:
$21,406
Minnesota:
$49,920
Change in median non-family income between 2000 and 2022:
Hoffman, Minnesota:
+62.0%
State:
+76.0%
Median per capita income in Hoffman in 2022:
Hoffman:
$26,130
Minnesota:
$49,507
Change in median per capita income between 2000 and 2022:
Hoffman, Minnesota:
+55.7%
State:
+103.3%
Income statistics for Hispanic or Latino residents
Median per capita income in Hoffman in 2022:
Hoffman:
$13,302
State:
$27,748
Income statistics for Multirace residents
Median household income in Hoffman, MN in 2022:
Hoffman:
$106,729
Minnesota:
$74,586
Aggregate household income in Hoffman in 2022: $665,999
Median per capita income in Hoffman in 2022:
Hoffman:
$15,892
Minnesota:
$28,529
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