Economy & Jobs — Hoffman, Minnesota
Income & Employment
| Median Household Income (Census) | $51,500 |
|---|
| Estimated 2026 | ~$53,600 |
|---|
| Per Capita Income | $27,170 |
|---|
| Poverty Rate | 17.0% |
|---|
| Unemployment Rate | 1.6% |
|---|
| In Labor Force | 382 |
|---|
Top Industries
| Industry | Share |
|---|
| Education Healthcare | 22.9% |
| Manufacturing | 20.3% |
| Retail | 14.7% |
Local Businesses (County)
| Type | Count |
|---|
| Insurance Agencies | 10 |
| Commercial Banks | 8 |
| Gas Stations | 7 |
| Liquor Stores | 4 |
| Auto Repair | 4 |
| Full Service Restaurants | 4 |
| Bars | 4 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
