What percentage of people rent in Herman, MN?
15.4% (±5.1 points) of the occupied homes in Herman, MN are rented (2020–2024 American Community Survey).
That is 33 renting households against 181 that own their home.
In Herman, the share of households that rent went from 33.8% in 2015–2019 to 15.4% in 2020–2024 (−18.4 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 15.4% (±5.1 points)
- Renting households
- 33 (±12)
- Median renter income
- $32,188 (±$4,107)
Who rents and who owns in Herman
| Herman | Grant County | Minnesota | United States | |
|---|---|---|---|---|
| Renter-occupied share | 15.4% (±5.1 points) | 20.8% (±2.2 points) | 27.8% (±0.2 points) | 34.8% |
| Renting households | 33 (±12) | 519 (±54) | 641,268 (±4,528) | 45,017,354 |
| Owning households | 181 (±40) | 1,971 (±94) | 1,666,687 (±7,556) | 84,210,142 |
| Average renter household size | 1.2 (±0.1) | 2.3 (±0.2) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.2 (±0.3) | 2.5 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $32,188 (±$4,107) | $33,750 (±$3,151) | $51,080 (±$531) | $52,966 |
| Median owner household income | $87,679 (±$13,300) | $85,531 (±$4,186) | $108,214 (±$476) | $100,009 |
In Herman, the renter share is not measurably different from Grant County (20.8%).
It is also lower than in Minnesota (27.8%).
It is lower than the national figure (34.8%).
In Grant County, Herman ranks 9 of 23 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 826 of 2,628.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Herman has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 33.8% (±8.6 points) | 15.4% (±5.1 points) | −18.4 percentage points | Measurable decrease |
| Median gross rent | $473 (±$23) | $540 (±$44) | +14.2% | No measurable change after inflation |
| Median household income | $40,000 (±$13,801) | $82,917 (±$25,007) | +107.3% | 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.
Households that rent in places near Herman
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Herman | — | 15.4% (±5.1 points) | — |
| Logan Township (Grant County) | 3.1 mi | 20.5% (±24.6 points) | Not measurably different |
| Macsville Township | 3.8 mi | 10.2% (±7.7 points) | Not measurably different |
| Norcross | 4.8 mi | 0.0% (±45.1 points) | Not measurably different |
| Gorton Township | 6.1 mi | 7.7% (±15.4 points) | Not measurably different |
| Donnelly Township (Stevens County) | 6.7 mi | 0.0% (±38.1 points) | Not measurably different |
| Delaware Township | 7.0 mi | 20.0% (±19.5 points) | Not measurably different |
| Eldorado Township | 7.2 mi | 8.0% (±15.0 points) | Not measurably different |
| Clifton Township (Traverse County) | 8.6 mi | 11.1% (±19.7 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Grant County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 3 | Ashby | 30.1% (±9.2 points) |
| 4 | Sanford Township | 29.9% (±13.3 points) |
| 5 | Barrett | 26.6% (±10.6 points) |
| 6 | Logan Township (Grant County) | 20.5% (±24.6 points) |
| 7 | Delaware Township | 20.0% (±19.5 points) |
| 8 | Wendell | 15.6% (±14.6 points) |
| 9 | Herman | 15.4% (±5.1 points) |
| 10 | Pelican Lake Township | 12.1% (±6.9 points) |
| 11 | Macsville Township | 10.2% (±7.7 points) |
| 12 | Elk Lake Township | 9.9% (±7.9 points) |
| 13 | Erdahl Township | 9.7% (±5.3 points) |
| 14 (tie) | Elbow Lake Township | 8.2% (±7.2 points) |
| 14 (tie) | Land Township | 8.2% (±10.4 points) |
Showing 13 of 23 places in Grant 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.
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Questions about Herman
How many renters are there in Herman?
Herman has an estimated 33 (±12) renting households, 15.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Herman?
In Herman, the share of households that rent went from 33.8% in 2015–2019 to 15.4% in 2020–2024 (−18.4 percentage points), a measurable decrease.
How big are renting households in Herman?
A renting household in Herman has 1.2 people on average, against 2.2 in an owned home.
How much do renters earn in Herman?
The median renting household in Herman, MN has an income of $32,188 (±$4,107) a year, against $87,679 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Herman city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Herman city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Herman city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Herman city, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Herman city, Minnesota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Herman city, Minnesota (place:28646, 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.
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 .
Related
- Housing in Herman at a glance
- Income and affordability in Herman
- Homeowner costs in Herman
- Property taxes in Herman
- Types of homes in Herman
- Bedrooms in Herman
- Age of homes in Herman
- Heating fuel in Herman
- Commute and cars in Herman
- How long people stay in Herman
- Minnesota landlord and tenant rules
- Housing across Grant County
- Minnesota places ranked by share of renters
- Housing data for every place in Minnesota