According to statistics, the population in Hendrum, MN amounts to 347, which shows growth 5% compared to the previous year. The median age of the city’s residents is 38. The average household income is $42,083, shifting decline -16% from the past year, and the average property value in Hendrum, MN decline -3% to $67,900 throughout the year.
The average household income in Hendrum, MN declined from $50,000 to $42,083 in the past year. This data is an estimate based upon 144 households in Hendrum, MN . The chart below presents how household income is distributed in Hendrum, MN in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Hendrum, MN shifted from $70,000 to $67,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Hendrum, MN in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Hendrum, MN properties falls in the '$125,000 to $149,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Hendrum, MN compared to median property taxes around the country. The prevalent amount of property taxes in Hendrum, MN equals $1150, which is less than the national average.