Hoyt Lakes is a city located in St. Louis County, Minnesota. Hoyt Lakes has a 2026 population of 1,974. Hoyt Lakes is currently declining at a rate of -0.35% annually and its population has decreased by -2.08% since the most recent census, which recorded a population of 2,016 in 2020.
The median household income in Hoyt Lakes is $65,764 with a poverty rate of 7.27%. The median age in Hoyt Lakes is 42.8 years: 43.2 years for males, and 42.3 years for females. For every 100 females there are 113.9 males.
Data after 2023 is projected based on recent change
Overall: 42.8 years
Female: 42.3 years
Male: 43.2 years
There are 1,652 adults, (472 of whom are seniors) in Hoyt Lakes.
Female: 965 (46.8%)
Male: 1,099 (53.2%)
The racial composition of Hoyt Lakes includes 89% White, 3.15% Native American, and smaller percentages for and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 1,837 | 89% |
| Two or more races | 162 | 7.85% |
| Native American | 65 | 3.15% |
Hoyt Lakes ' average per capita income is $47,067. Household income levels show a median of $65,764. The poverty rate stands at 7.27%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $92,778 | - |
| Families | $79,668 | $98,318 |
| Households | $65,764 | $77,637 |
| Non Families | $40,125 | $43,584 |
Average Income
Median Household Income
Poverty Rate