Economy & Jobs — Hugo, Minnesota
Income & Employment
| Median Household Income (Census) | $116,228 |
| Estimated 2026 | ~$130,000 |
| Per Capita Income | $58,830 |
| Poverty Rate | 2.8% |
| Unemployment Rate | 1.6% |
| In Labor Force | 9,379 |
Top Industries
| Industry | Share |
| Education Healthcare | 25.6% |
| Manufacturing | 13.5% |
| Professional | 11.1% |
Local Businesses (County)
| Type | Count |
| Real Estate Offices | 210 |
| Insurance Agencies | 173 |
| Fast Food | 163 |
| Full Service Restaurants | 161 |
| Dental Offices | 117 |
| Beauty Salons | 102 |
| Law Offices | 93 |
| Physician Offices | 85 |
| Chiropractors | 72 |
| Child Day Care | 62 |
| Auto Repair | 59 |
| Commercial Banks | 59 |
| Gas Stations | 55 |
| Fitness Centers | 43 |
| Liquor Stores | 40 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.