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Hoffman, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Hoffman, Minnesota had a total population of 730, the 417th largest city in Minnesota, with a median household income of $51,500, which is 42% lower than the state average. The poverty rate is 17.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Hoffman Quick Facts

Population 730
Median Household Income $51,500
Median Home Value $161,800
Poverty Rate 17.0%
Unemployment Rate 1.6%
Median Age 33.4 years
Homeownership Rate 60.3%
Affordability Ratio 3.1x
Bachelor's Degree or Higher 11.7%
High School Graduation Rate 87.5%
Diversity Index 30/100
Population 730 417th of 914
Median Income $51,500 bottom 20%
Poverty Rate 17.0% 37% higher than national
Median Home Value $161,800 average

How Hoffman Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population708730+3.1%
Median household income$47,000$51,500+9.6%
Median home value$127,700$161,800+26.7%

How Hoffman Compares

Economy & Housing

Household Income Distribution

Under $25K 29.1%
$25K-$50K 19.9%
$50K-$100K 28.8%
$100K+ 22.3%
Detailed income brackets
Under $10K
3.8%
$10K-$15K
5.1%
$15K-$20K
8.6%
$20K-$25K
11.6%
$25K-$30K
7.5%
$30K-$35K
3.8%
$35K-$40K
0.7%
$40K-$45K
6.2%
$45K-$50K
1.7%
$50K-$60K
8.6%
$60K-$75K
7.2%
$75K-$100K
13.0%
$100K-$125K
10.6%
$125K-$150K
3.1%
$150K-$200K
3.8%
$200K+
4.8%

Employment

1.6% Unemployment Rate State: 4.1%|National: 5.2%
70.6% Labor Force Participation

Housing Overview

Owner 60.3%
Renter 39.7%
Affordability Index Affordable
3.1x home value to income ratio
Median gross rent $866/mo 20.2% of median household income annually

People & Demographics

Diversity Index

30out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Hoffman Rankings in Minnesota

#417 Population of 914
#743 Median Income of 887
#725 Education of 914
#489 Home Value of 870

Other Cities in Grant County

CityPopulationMedian IncomePovertyHome Value
Elbow Lake 1,301 $59,792 19.3% $126,900
Herman 441 $82,917 12.9% $106,300
Ashby 394 $63,333 13.7% $154,500
Barrett 349 $60,000 7.7% $131,900
Wendell 186 $61,250 22.0% $82,500
Norcross 106 $118,056 0.0% N/A

Cities Similar to Hoffman

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Belgrade758$51,103$163,40019.4%17.0%
Twin Valley719$57,500$93,40011.6%10.0%
Mabel730$59,392$131,40019.4%8.5%
Isle695$54,773$237,50017.5%18.0%
Randall695$55,859$176,70013.4%11.9%

A note before these figures: with a population of 730, Hoffman's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Hoffman is a small community located in Minnesota, within Grant County. The total population is 730. It ranks as the 417th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Hoffman is 33.4 years. This is 14% lower than the state median of 38.8 years. With 30.6% of the population under 18, Hoffman has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Hoffman is $51,500. This is 42% lower than the state median of $89,062. It is also 36% lower than the national median of $80,734. The poverty rate stands at 17.0%. This is 83% higher than the state poverty rate of 9.3%. The unemployment rate is 1.6%. This is 60% lower than the state rate of 4.1%. The median home value is $161,800. Housing costs are 51% lower than the state median of $329,300. The home-value-to-income ratio is 3.1x. 60.3% of occupied housing units are owner-occupied. This homeownership rate is 17% lower than the state average of 72.2%.

Race & Ethnicity

The largest racial or ethnic group in Hoffman is White (non-Hispanic), making up 82.9% of the population. Hispanic or Latino residents account for 6.9%. The Black or African American population (0.3%) is well below the state average of 7.0%.

Education

11.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 70% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.5%.

Data Sources & Methodology

All demographic data for Hoffman, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Hoffman, Minnesota?

Hoffman, Minnesota has a population of 730 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hoffman, MN?

The median household income in Hoffman is $51,500, which is 36% lower than the national median of $80,734.

What is the poverty rate in Hoffman, MN?

The poverty rate in Hoffman is 17.0%. This means approximately 124 residents live below the federal poverty line.

What is the racial makeup of Hoffman, Minnesota?

Hoffman's population is 82.9% White, 0.3% Black, 6.9% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Hoffman, MN?

The median home value in Hoffman is $161,800. The home-value-to-income ratio is 3.1x.

How educated is Hoffman, Minnesota?

11.7% of adults (25+) in Hoffman hold a bachelor's degree or higher, and 3.2% hold a graduate or professional degree.