Hammond, Minnesota Unemployment

Hammond, Minnesota has a population of 130, with a median household income of $51,400.

Current unemployment data for Hammond.

4.20%

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Population

130

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Median Income

$51,400

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Unemployment

4.20%

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Housing Price

$145,000

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Crime Rate

8.50

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Internet Speed

50.00 Mbps

Hammond is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Hammond, located in Minnesota, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Hammond has a population of 130, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Hammond is $51,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Hammond is about $145,000, making it relatively affordable compared to many cities in Minnesota.

Employment and Safety

The unemployment rate in Hammond is 4.20%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Hammond are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Minnesota, Hammond shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Hammond continues to play a role in shaping regional trends in Minnesota, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Hammond

What is the population of Hammond?

The population of Hammond is approximately 130.

Is Hammond a good place to live?

Hammond offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Hammond?

The median household income in Hammond is around $51,400.

How expensive is housing in Hammond?

The average housing price in Hammond is approximately $145,000.