Income & Economy in Hardwick, MN

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$37,917

-48% vs national

Per Capita Income

$20,866

-44% vs national

Poverty Rate

15.6%

+15% vs national

Gini Index

0.4163

0 = perfect equality

Unemployment

2.1%

-59% vs national

SNAP Recipients

15.5%

of households

How Hardwick Compares

Source: Census ACS (2023)

Hardwick vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Hardwick is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Hardwick. The median household income here is $37,917.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
35.7%
$25-50K
26.2%
$50-75K
19.1%
$75-100K
4.8%
$100-150K
11.9%
$150-200K
2.4%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

2.1%

-53% vs MN avg

Labor Force

95

Employed

93

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

13.6%

of adults 25+

High School Diploma+

27.6%

of adults 25+

Median Age

28.4

Work from Home

17.2%

of workers

The median household income in Hardwick, MN is $37,917, which is 48.2% below the national average of $73,224. Per capita income is $20,866. The poverty rate of 15.6% is higher than the MN state average of 11.4%. The Gini index of income inequality is 0.4163, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 2.1%, compared to the state average of 4.5%. 13.6% of adults hold a bachelor's degree or higher.