Hayward, MN Profile: Facts & Data

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Hayward, Minnesota - Basic Facts

The City of Hayward had a population of 241 as of July 1, 2019. Hayward 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 Hayward is located at latitude 43.6505 and longitude -93.2441 in Freeborn County. The formal boundaries for the City of Hayward encompass a land area of 0.63 sq. miles and a water area of 0 sq. miles. Freeborn County is in the Central time zone (GMT -6). The elevation is 1,257 feet.

The City of Hayward (GNIS ID: 2394338) 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.

Alternate Unofficial Names for Hayward: City of Hayward, Haward.

Jump to... (On This Page!)
  1. Hayward 2019 Demographic Data
  2. Growth Rates for Hayward (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 - 2019 Demographics

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Hayward, MN Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Hayward, MN Housing Affordability Index is 227
State of Minnesota Housing Affordability Index is 135
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.

WEALTH INDEX

Hayward, MN Wealth Index is 106
State of Minnesota Wealth Index is 112
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Minnesota COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 241 (100%)
Population in Households 237 (98.3%)
Population in Families 197 (81.7%)
Population in Group Quarters1 4 ( 1.7%)
Population Density 396
Diversity Index2 7
 

INCOME

Median Household Income $67,491
Average Household Income $83,235
Per Capita Income $34,697
Wealth Index4 106

HOUSING

Total Housing Units 123 (100%)
Owner Occupied HU 94 (76.4%)
Renter Occupied HU 16 (13.0%)
Vacant Housing Units 13 (10.6%)
Median Home Value $159,615
Housing Affordability Index3 227
 

HOUSEHOLDS

Total Households 110
Average Household Size 2.15
Family Households 80
Average Family Size 2
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 race 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 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.4% -0.25%
Households -0.39% -0.37%
Families 1.15% -0.51%
Median Household Income   2.62%
Per Capita Income   2.71%

Hayward, MN - Peer Comparisons by Rank and Percentile

The table below compares Hayward to the other 903 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2019 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 # 656 27th
Population Density # 574 37th
Diversity Index # 820 9th
Median Household Income # 277 69th
Per Capita Income # 261 71st

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

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