What percentage of people rent in Hastings, MN?

23.6% (±2.9 points) of the occupied homes in Hastings, MN are rented (2020–2024 American Community Survey).

That is 2,124 renting households against 6,861 that own their home.

In Hastings, the share of households that rent went from 30.9% in 2015–2019 to 23.6% in 2020–2024 (−7.3 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
23.6% (±2.9 points)
Renting households
2,124 (±280)
Median renter income
$52,267 (±$9,433)

Who rents and who owns in Hastings

Tenure, estimate (90% margin of error)
HastingsDakota CountyMinnesotaUnited States
Renter-occupied share23.6% (±2.9 points)25.1% (±0.6 points)27.8% (±0.2 points)34.8%
Renting households2,124 (±280)43,687 (±1,026)641,268 (±4,528)45,017,354
Owning households6,861 (±330)130,675 (±1,057)1,666,687 (±7,556)84,210,142
Average renter household size1.8 (±0.2)2.1 (±0.0)2.0 (±0.0)2.3
Average owner household size2.6 (±0.1)2.7 (±0.0)2.6 (±0.0)2.6
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

In Hastings, the renter share is not measurably different from Dakota County (25.1%).

It is also lower than in Minnesota (27.8%).

It is lower than the national figure (34.8%).

In Dakota County, Hastings ranks 8 of 33 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 441 of 2,628.

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

How renting in Hastings has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent30.9% (±2.8 points)23.6% (±2.9 points)−7.3 percentage pointsMeasurable decrease
Median gross rent$950 (±$41)$1,183 (±$74)+24.5%No measurable change after inflation
Median household income$71,264 (±$3,657)$93,998 (±$5,229)+31.9%No measurable change 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.

Households that rent in places near Hastings

Nearest places with a published estimate, compared with Hastings
PlaceDistanceHouseholds that rentCompared with this place
Hastings—23.6% (±2.9 points)—
Nininger Township3.4 mi5.3% (±4.8 points)Lower
Prescott3.5 mi37.4% (±9.1 points)Higher
Marshan Township5.1 mi9.1% (±4.9 points)Lower
Ravenna Township5.1 mi0.6% (±0.8 points)Lower
Denmark Township5.3 mi4.2% (±2.8 points)Lower
Cottage Grove6.4 mi11.8% (±1.9 points)Lower
Vermillion6.9 mi8.6% (±6.6 points)Lower
Grey Cloud Island Township8.4 mi2.8% (±6.6 points)Lower

Nearby places with a measurably lower figure: Nininger Township, MN (5.3%), Marshan Township, MN (9.1%), Ravenna Township, MN (0.6%).

Nearby places with a measurably higher figure: Prescott, WI (37.4%).

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

Households that rent across Dakota County, place by place

RankPlaceHouseholds that rent
2West St. Paul42.8% (±3.9 points)
3Burnsville35.3% (±1.9 points)
4Coates34.4% (±17.9 points)
5Eagan32.3% (±1.8 points)
6South St. Paul30.3% (±3.9 points)
7Apple Valley26.6% (±1.6 points)
8Hastings23.6% (±2.9 points)
9Inver Grove Heights23.1% (±2.4 points)
10Mendota22.7% (±12.1 points)
11Mendota Heights21.3% (±4.3 points)
12Randolph20.8% (±12.2 points)
13New Trier15.6% (±11.0 points)
14Farmington13.5% (±2.6 points)

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

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Questions about Hastings

How many renters are there in Hastings?

Hastings has an estimated 2,124 (±280) renting households, 23.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Hastings?

In Hastings, the share of households that rent went from 30.9% in 2015–2019 to 23.6% in 2020–2024 (−7.3 percentage points), a measurable decrease.

How big are renting households in Hastings?

A renting household in Hastings has 1.8 people on average, against 2.6 in an owned home.

How much do renters earn in Hastings?

The median renting household in Hastings, MN has an income of $52,267 (±$9,433) a year, against $109,205 for households that own their home.

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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.

Figures last updated on .

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