Hugo is a medium-sized city located in the state of Minnesota. With a population of 16,408 people and three associated neighborhoods, Hugo is the 71st largest community in Minnesota. Much of the housing stock in Hugo was built relatively recently. The construction of new real estate can often be taken as an indication that the local Hugo economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Hugo, where the median household income is $110,160.00.

Hugo real estate is some of the most expensive in Minnesota, although Hugo house values don't compare to the most expensive real estate in the U.S.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.89% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Because of many things, Hugo is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Hugo really has some of the features that families look for when choosing a good community to raise children. Is Hugo perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.

The education level of Hugo citizens is very high relative to the national average among all cities (21.84%): 38.62% of adults in Hugo have a bachelor's degree or even advanced degree.

The per capita income in Hugo in 2022 was $55,075, which is wealthy relative to Minnesota and the nation. This equates to an annual income of $220,300 for a family of four.

The people who call Hugo home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Hugo residents report their race to be White, followed by Asian. Important ancestries of people in Hugo include German, Norwegian, Irish, Swedish, and French.

The most common language spoken in Hugo is English. Other important languages spoken here include Polish and Miao/Hmong.