Hill City, MN Profile: Facts & Data

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Hill City, Minnesota - Basic Facts

The City of Hill City had a population of 627 as of July 1, 2023. Hill City ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Minnesota. See peer rankings below.

The primary coordinate point for Hill City is located at latitude 46.9933 and longitude -93.5986 in Aitkin County. The formal boundaries for the City of Hill City encompass a land area of 1.28 sq. miles and a water area of 0.24 sq. miles. Aitkin County is in the Central time zone (GMT -6).

The City of Hill City has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.


Jump to... (On This Page!)
  1. Hill City 2023 Demographic Data
  2. Growth Rates for Hill City (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Minnesota Research Tools (Easy Tools & Current Data)
  3. Minnesota Data Comparison Tool - 2023 Demographics
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Hill City, MN Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 627 (100%)
Population in Households 627 (100.0%)
Population in Families 477 (76.1%)
Population in Group Quarters1 0
Population Density 563
Diversity Index2 14
 
 

INCOME

Median Household Income $49,086
Average Household Income $65,870
% of Income for Mortgage4 30%
Per Capita Income $30,676
Wealth Index5 48
Socioeconomic Status Index6 Moderate (45.9)
 

HOUSING

Total HU (Housing Units) 436 (100%)
Owner Occupied HU 220 (50.5%)
Renter Occupied HU 72 (16.5%)
Vacant Housing Units 144 (33.0%)
Median Home Value $244,737
Average Home Value $271,136
Housing Affordability Index3 84
 

HOUSEHOLDS

Total Households 292
Average Household Size 2.15
Family Households 173
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 0.70% -0.35%
Households -1.33% -0.28%
Families   -0.47%
Median Household Income   0.95%
Per Capita Income   2.26%
Owner Occupied HU   -0.46%

Hill City, MN - Peer Comparisons by Rank and Percentile

The table below compares Hill City to the other 914 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 451 51st
Population Density # 456 50th
Median Household Income # 849 7th
Housing Affordability Index # 229 25th
Per Capita Income # 785 14th
Diversity Index # 692 25th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.

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