Hoyt Lakes, MN

Population
1,978
U.S. Census Population Estimates Program · 2025
Elevation
1,472 ft
Median Home Value
$93,300
U.S. Census American Community Survey 5-Year · 2024
Median Rent
$1,550/mo
U.S. Census American Community Survey 5-Year · 2024
Median Income
$65,764
U.S. Census American Community Survey 5-Year · 2024
General Quality
Overall rating out of 100

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About Hoyt Lakes

Hoyt Lakes sits on northeastern Minnesota's Iron Range and was built from the ground up in the 1950s for local mining families. Because it was carefully planned from the start, the town features a clean, orderly layout where quiet residential streets, schools, and green spaces link together easily. Water is central to daily life here, with Colby Lake and Whitewater Reservoir hugging the town and offering convenient spots for fishing, boating, and walking along the shore.

Even after the original taconite plants closed down, Hoyt Lakes held onto its friendly, small-town character. For people moving in today, the big draw is a mix of affordable housing and direct access to northern Minnesota's wilderness. Groomed trails wind right past town, and the Superior National Forest borders the area, creating endless opportunities for snowmobiling, hiking, and camping. It is a quiet, comfortable community with deep industrial roots and the great outdoors right outside your front door.

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