Hoyt Lakes is a city located in Minnesota. With a 2020 population of 1,948, it is the 263rd largest city in Minnesota and the 7704th largest city in the United States. Hoyt Lakes is currently declining at a rate of -0.46% annually and its population has decreased by -3.42% since the most recent census, which recorded a population of 2,017 in 2010. Hoyt Lakes reached it's highest population of 2,017 in 2010. Spanning over 58 miles, Hoyt Lakes has a population density of 35 people per square mile.
The average household income in Hoyt Lakes is $63,610 with a poverty rate of 7.59%. The median rental costs in recent years comes to $679 per month, and the median house value is $67,600. The median age in Hoyt Lakes is 52.4 years, 51.7 years for males, and 52.9 years for females. For every 100 females there are 113.4 males.