Hayfield is located in south Minnesota. Hayfield is between the Dodge, Mower, Olmsted county. Hayfield has 1.27 square miles of land area and has no water area. As of 2010-2014, the total Hayfield population is 1,242, which has shrunk 6.26% since 2000. The population growth rate is much lower than the state average rate of 9.44% and is much lower than the national average rate of 11.61%. Hayfield median household income is $49,833 in 2010-2014 and has grown by 30.41% since 2000. The income growth rate is about the same as the state average rate of 29.12% and is higher than the national average rate of 27.36%. Hayfield median house value is $114,600 in 2010-2014 and has grown by 36.92% since 2000. The house value growth rate is lower than the state average rate of 51.31% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Hayfield is close to the state average in quality. The Hayfield area code is 507.