What is the median household income in Hastings, MN?

Name: Income and affordability in Hastings, MN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median household income in Hastings, MN is $93,998 (±$5,229) a year (2020–2024 American Community Survey).

Paying the median gross rent of $1,183 a month would take about $47,300 a year at the common guideline of spending no more than 30% of income on rent.

In Hastings, the median household income went from $71,264 in 2015–2019 to $93,998 in 2020–2024 (+31.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on November 12, 2026.

Median household income: $93,998 (±$5,229)
Median renter income: $52,267 (±$9,433)
Income to afford median rent: about $47,300

Income in Hastings against Dakota County, its state and the nation

Income, estimate (90% margin of error)
	Hastings	Dakota County	Minnesota	United States
Median household income	$93,998 (±$5,229)	$106,318 (±$1,455)	$89,062 (±$409)	$80,734
Median renter household income	$52,267 (±$9,433)	$60,763 (±$2,526)	$51,080 (±$531)	$52,966
Median owner household income	$109,205 (±$3,233)	$125,301 (±$2,231)	$108,214 (±$476)	$100,009
Median gross rent	$1,183 (±$74)	$1,548 (±$31)	$1,280 (±$7)	$1,413

In Hastings, median household income is lower than in Dakota County ($106,318).

It is not measurably different from Minnesota ($89,062).

It is higher than the national figure ($80,734).

In Dakota County, Hastings ranks 26 of 33 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 909 of 2,568.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How much you need to earn to rent in Hastings

Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.

At that guideline, the median gross rent of $1,183 a month ($14,196 a year) needs an income of about $47,300 a year.

The median renting household in Hastings earns $52,267 a year.

This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.

Income against housing costs since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median household income	$71,264 (±$3,657)	$93,998 (±$5,229)	+31.9%	No measurable change after inflation
Median gross rent	$950 (±$41)	$1,183 (±$74)	+24.5%	No measurable change after inflation
Median home value	$214,900 (±$6,944)	$322,400 (±$12,046)	+50.0%	Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median household income in places near Hastings

Nearest places with a published estimate, compared with Hastings
Place	Distance	Median household income	Compared with this place
Hastings	—	$93,998 (±$5,229)	—
Nininger Township	3.4 mi	$112,206 (±$18,942)	Not measurably different
Prescott	3.5 mi	$74,412 (±$10,449)	Lower
Marshan Township	5.1 mi	$120,000 (±$23,082)	Higher
Ravenna Township	5.1 mi	$131,304 (±$8,491)	Higher
Denmark Township	5.3 mi	$148,269 (±$11,515)	Higher
Cottage Grove	6.4 mi	$120,791 (±$6,247)	Higher
Vermillion	6.9 mi	$107,188 (±$29,446)	Not measurably different
Grey Cloud Island Township	8.4 mi	$125,833 (±$18,496)	Higher

Nearby places with a measurably lower figure: Prescott, WI ($74,412).

Nearby places with a measurably higher figure: Marshan Township, MN ($120,000), Ravenna Township, MN ($131,304), Denmark Township, MN ($148,269).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median household income across Dakota County, place by place

Rank	Place	Median household income
20	Randolph	$104,286 (±$15,577)
21	Douglas Township	$101,667 (±$25,022)
22	Inver Grove Heights	$101,316 (±$10,086)
23	Eureka Township	$100,000 (±$19,276)
24	Apple Valley	$97,673 (±$4,987)
25	Miesville	$95,500 (±$51,468)
26	Hastings	$93,998 (±$5,229)
27	Lilydale	$89,583 (±$13,623)
28	South St. Paul	$87,994 (±$5,891)
29	Burnsville	$87,024 (±$4,297)
30	Waterford Township	$86,250 (±$26,817)
31	Coates	$82,250 (±$10,955)
32	New Trier	$73,750 (±$41,638)

Showing 13 of 33 places in Dakota County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Hastings

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Hastings beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Hastings, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near Hastings, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Hastings

What is the median household income in Hastings?

The median household income in Hastings is $93,998 (±$5,229) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Hastings?

About $47,300 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,183 a month.

Have incomes in Hastings kept up with inflation?

In Hastings, the median household income went from $71,264 in 2015–2019 to $93,998 in 2020–2024 (+31.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

What do renters earn in Hastings?

The median renting household in Hastings, MN earns $52,267 (±$9,433) a year.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Hastings city, Minnesota (place:27530, in state:27).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.