Economy & Jobs — Hugo, Minnesota

Income & Employment

Median Household Income (Census)$116,228
Estimated 2026~$130,000
Per Capita Income$58,830
Poverty Rate2.8%
Unemployment Rate1.6%
In Labor Force9,379

Top Industries

IndustryShare
Education Healthcare25.6%
Manufacturing13.5%
Professional11.1%

Local Businesses (County)

TypeCount
Real Estate Offices210
Insurance Agencies173
Fast Food163
Full Service Restaurants161
Dental Offices117
Beauty Salons102
Law Offices93
Physician Offices85
Chiropractors72
Child Day Care62
Auto Repair59
Commercial Banks59
Gas Stations55
Fitness Centers43
Liquor Stores40
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.