The City of Hugo is a growing community located northeast of the Twin Cities metropolitan area. With a pleasant blend of rural and suburban landscapes and an abundance of natural resources, Hugo has seen rapid growth in recent years that has led to an emerging retail and commercial market, bringing many new businesses and services to the community. Industrial businesses continue to locate and expand within the City’s industrial parks, adding new jobs to the community. With low tax rates and knowledgeable staff willing to help, residents and business owners who locate here can find what they are looking for.
As of 2024 the population of Hugo is 17,199. The population is expected to grow to 18,301 by 2029 - a growth rate of 1.25%.
The median age of Hugo residents is 40.
The diversity index of Hugo is 30.4, meaning that there is a 30% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.
The average household income in Hugo is $142,698 and projected to be $165,028 in 2029. Per capita income is $54,008, projected to be $62,955 in 2029. 7% of households – 1,204 – have an income of $200,000 or higher. Average net worth is $1,948,011 and the average disposable income is $101,172.
There are 6,718 housing units in Hugo; 5,800 are owner-occupied, 709 are rented, and 209 are vacant. The average home value is $508,720, with 1,164 homes built in 2010 or later, and 228 built in 1939 or earlier.
There are 307 businesses in Hugo, employing 3,346 workers and pulling from a labor force of 9,238 age 16 and above. 6,219 workers commute into Hugo from outside the county or state. Key industries for the area include:
2,815 residents both live and work in/around Hugo. The average travel time is 27.6 minutes. 3.02% people have a commute of less than 5 minutes while 6.04% commute 90 minutes or more each way. Of commuters, 7,512 drive alone, 365 carpool, and 81 take public transportation. 78 use other modes of transport such as motorcycle, bicycle, walking, etc. 1,191 residents work from home.
2,554 members of the workforce hold a high school diploma or GED. 1,673 have associates degrees, 2,945 have bachelor’s degrees, and 1,640 hold a graduate or professional degree.
