Hibbing, Minnesota.
Typical home $165,132 (+5.4% in a year). Duluth, MN-WI metro.
to buy the typical home at today's mortgage rate — +$493 (+132%) since Jan 2020.
- 1 year
- Up $8,434 +5%
- $156,698$165,132 since Sep 2025
- 5 years
- Up $41,511 +34%
- $123,621$165,132 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Hibbing$867
- Minnesota$1,831
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 12 years.
Typical home values in Hibbing, MN rose 5.4% over the past year — faster than the nation's +1.2%.
Living in Hibbing, St. Louis County, Minnesota
Hibbing is a city of 16,214 people in St. Louis County. Half its households earn more than $55,789 a year and half less, against $70,069 across St. Louis County; 16% of its people live below the poverty line. 71% of its homes are lived in by their owners and 29% are rented. Unemployment in St. Louis County was 5.4% in August 2026, and the county had 0.4% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Hibbing is a small city on Minnesota's Iron Range, where the population is older than in much of the country and most homes are lived in by their owners. Household incomes run below those across St. Louis County, and a larger share of residents live below the poverty line than many would expect, while typical home values sit well within reach for many buyers. Winters are long and very cold, with January the coldest month and nights well below zero, and summers are mild and pleasant in July.
Work. Many residents work in schools, hospitals and social care, followed by shops, the building trades, and restaurants, hotels and entertainment. Among the largest workplaces in Hibbing are Range Regional Health Services, Minnesota North College and Hibbing Public School District. Commutes are short, and relatively few people work from home. Across St. Louis County, jobs have slipped slightly and unemployment is a little higher than a year ago.
Things to do. Close to town, the Minnesota Discovery Center and the Greyhound Bus Museum are both museums a short drive away, and Longyear Lake is a lake a short drive away. For a longer outing, Hill Annex Mine State Park and McCarthy Beach State Park are protected areas a longer drive away.
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- 7,760households
- 19%of adults have a degree
- 16%below the poverty line
- 16 mintypical commute
- 6%work from home
What residents work in
Employed residents by industry, from the Census survey. St. Louis County had 95,078 jobs in 2025, 0.4% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 17° and lows near -4°; warmest in July, with highs near 77° and lows near 50°. About 25 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Hibbing Chisholm Hibbing Airport weather station, 5 miles away (NOAA).
Largest workplaces in Hibbing
- Range Regional Health ServicesGeneral hospital692FTE
- Minnesota North CollegeTwo-year college404
- WalmartWarehouse clubs and supercenters265
- LM RadiatorRadiators and cores manufacturing245
- Hibbing Public School DistrictSchool district225FTE
- City of HibbingCity and town managers' offices183
- Detroit DieselPower measuring equipment, electrical, manufacturing170
- Heartland PCA HibbingIdd multi-service124
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 31 workplaces with 20 or more staff, 2,934 people in all. Hospitals come from their Medicare cost reports (CMS, 2023), colleges from IPEDS (NCES, 2023–24) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesVery high
- Winter weatherVery high
- LightningVery high
- Heat wavesRelatively high
- Inland floodingRelatively high
- HailRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Hibbing’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on St. Louis County and the Duluth, MN-WI metro.
Hibbing home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Hibbing$165,132
- Minnesota$348,778
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 4 Hibbing listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Hibbing25.59%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Hibbing64
New listings per month
Sellers arriving at the market.
- Hibbing24
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Hibbing$169,395
- United States$371,407
Zip codes with a Hibbing address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Hibbing — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.