Hoffman, MN Employment - Median Household Income, Unemployment Rate

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D

17%

Income/capita NAT. AVG.

16%

Household income NAT. AVG.

40%

Unemployment NAT. AVG.

Index	Hoffman	Minnesota	National
Income per capita	$24,839	$33,225	$29,829
Median household income	$46,563	$63,217	$55,322
Median income owner occupied	$62,917	$77,618	$70,586
Median income renter occupied	$25,357	$34,348	$35,192
Median earnings male	$41,786	$40,933	$36,919
Median earnings female	$27,500	$29,114	$26,250
Unemployment rate	2.8%	3.4%	4.7%
Poverty level	15.3%	10.8%	15.1%

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Key findings

The income per capita in Hoffman is 17% lower than the national average
The median household income in Hoffman is 16% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Hoffman is 40% lower than the national average
The poverty level in Hoffman is 1% higher than the national average

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am i middle class

$31,038 $46,563 $93,126

City

$42,140 $63,217 $126,434

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Hoffman median earnings by income bracket

Hoffman employment by industry

Labour Type	Male	Female
Construction industry	20.9%	20.9%
Manufacturing sector	26.4%	26.4%
Financial & insurance services	1.4%	1.4%
Wholesale & retail services	8.1%	8.1%
Public administration	3.4%	3.4%
Transportation, warehousing & utilities	5.4%	5.4%
Education, health & social services	4.7%	4.7%
Other	28.4%	28.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Donnelly, MN	250	$71,250	28.8%
Lowry, MN	345	$70,341	27.1%
Elbow Lake, MN	1,166	$53,333	3.6%
Garfield, MN	362	$51,667	6.6%
Kensington, MN	229	$47,917	13.4%
Hoffman, MN	585	$46,563	15.8%

Cities with similar population

City	Population	Household Income	National Avg.
Silverhill, AL	585	$51,296	7.3%
Gillett, AR	585	$45,833	17.2%
Clayton, IL	585	$44,583	19.4%
Patoka, IL	585	$52,917	4.3%
Arlington, KS	585	$31,058	43.9%
Hoffman, MN	585	$46,563	15.8%

Source: The Hoffman, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).