Gilbert vs Hoyt Lakes

A side-by-side comparison of Gilbert and Hoyt Lakes: population, income, housing, and more.

Gilbert and Hoyt Lakes are places in Minnesota. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Hoyt Lakes has the higher population (2,074 vs 1,693 in Gilbert). Hoyt Lakes has the higher median household income ($64,514 vs $62,625 in Gilbert). Gilbert has the higher median home value ($116,200 vs $90,700 in Hoyt Lakes).

Population, income & housing

	Gilbert	Hoyt Lakes
Population	1,693	2,074
Median age	49.5 yrs	42.2 yrs
Median household income	$62,625	$64,514
Median home value	$116,200	$90,700
Median gross rent	$598	—
Housing units	847	941
Homeownership rate	85.3%	94.4%
Bachelor's degree or higher	17.5%	18.4%
Unemployment rate	1.1%	15.7%

Trends (ACS 5-year, 2019–2023)

	Gilbert	Hoyt Lakes
Population	1,850 → 1,693 (-8.5%)	2,074 → 2,074 (+0.0%)
Median household income	$53,846 → $62,625 (+16.3%)	$54,063 → $64,514 (+19.3%)
Median home value	$92,500 → $116,200 (+25.6%)	$69,600 → $90,700 (+30.3%)
Median gross rent	$671 → $598 (-10.9%)	$615 → $745 (+21.1%)

Gilbert

Population

1,8501,693

Median household income

$53,846$62,625

Median home value

$92,500$116,200

Median gross rent

$671$598

Hoyt Lakes

Population

2,0742,074

Median household income

$54,063$64,514

Median home value

$69,600$90,700

Median gross rent

$615$745

Age & race/ethnicity

Age distribution (share)

	Gilbert	Hoyt Lakes
Under 5	5.8%	3.6%
5 to 17	17.0%	18.9%
18 to 24	4.0%	11.5%
25 to 34	9.1%	4.5%
35 to 44	9.9%	18.2%
45 to 54	9.7%	8.5%
55 to 64	18.3%	13.0%
65 to 74	15.2%	10.0%
75 and over	11.0%	11.8%

Race & ethnicity (share)

	Gilbert	Hoyt Lakes
White (non-Hispanic)	95.9%	88.3%
Black or African American	0.0%	0.0%
American Indian & Alaska Native	0.1%	3.1%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.4%	0.0%
Two or more races	3.7%	2.0%
Hispanic or Latino	0.0%	6.6%

Educational attainment (age 25+)

Share of adults 25+

	Gilbert	Hoyt Lakes
No high school diploma	3.5%	5.1%
High school graduate	29.3%	28.2%
Some college or associate's	49.8%	48.2%
Bachelor's degree	14.8%	13.4%
Graduate or professional degree	2.7%	5.0%

Commute to work

How workers get to work (share)

	Gilbert	Hoyt Lakes
Drove alone	88.7%	66.7%
Carpooled	5.3%	12.2%
Public transit	0.1%	0.8%
Walked	1.6%	0.0%
Bicycle	0.6%	0.0%
Worked from home	2.7%	20.3%
Other means	1.0%	0.0%

Housing

Units in structure (share)

	Gilbert	Hoyt Lakes
1-unit, detached	84.7%	97.0%
1-unit, attached	0.4%	0.5%
2 to 4 units	5.7%	0.0%
5 to 19 units	1.2%	1.9%
20 or more units	7.8%	0.0%
Mobile home & other	0.4%	0.5%

Poverty & households

	Gilbert	Hoyt Lakes
Poverty rate	9.8%	10.1%
Average household size	2.28	2.52
Mean commute (minutes)	19	32
Median year structure built	1953	—