Zip Code
55342
City
Hector, MN
Population & Migration
What is the forecasted population for Zip code 55342 Hector, MN?
- Population census 2020
- 1,761
- Forecasted population 2025
- 1,842
- 0.05% vs. 2020
- Forecasted population 2030
- 1,779
- 0.01% vs. 2020
Zip code 55342 Hector, MN population is forecasted to decrease 0.05% by 2025 (-0.1 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 1,842 people for 2025 zip code 55342 Hector, MN will generate a good demand for housing, which is expected to have a deficit of 9 houses for 2030. Vacancy rate is 5.9 points above national US average.
- Total homes available 2020
- 959
- Estimated total home demand in 2030
- 968
- Total homes balance inventory
- 9
Average Household Income in zip code 55342 Hector, MN
from Internal Revenue Service
- Average household income in 2021
- $79,589
Affordability
- Affordability Index
- 2
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 55342 Hector, MN?
County total number of drinking water violations
27
-89%
244
County total number of drinking water contaminations
7
-71%
24
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