Hector, MN 55342 has a population of approximately 1,804 and experiences a population change rate of -15.82%. The population density is 11.2 / sq mi .
Hector, MN 55342 has a population of approximately 1,804 and experiences a population change rate of -15.82%. The population density is 11.2 / sq mi .
The median household income for Hector, MN 55342 is $58,352, with 723 households and an average household size of 2.48.
The median value of a home in Hector, MN 55342 is $157,600 with an appreciation rate of 11.00%. 66.26% of housing in the state is owned while 14.25% is rented.
The cost of living in Hector, MN 55342 is 83.2 %.
The unemployment rate in Hector, MN 55342 is 4.20%, and recent job growth is at -4.33%. Future job growth is projected at 9.22%.
The sales tax rate in Hector, MN 55342 is 7.38%, while the income tax rate is 6.80% .
School expenditures in Hector, MN 55342 are $15,683, and the school ratio is 14.6:1.
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 2.9 degrees. The average rainfall is approximately 29 inches per year, with 41.9 inches of snow per year.