Minnesota Lake, MN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Minnesota Lake, MN: Quick Facts & Overview
- Population: 687 residents (164 people per sq. mi.)
- Average House Price: $167,421
- Average Household Income: $68,750
Minnesota Lake, MN is located in the state of Minnesota. It is home to about 687 people, with around 164 residents living in every square mile.
If you want to buy a house in Minnesota Lake, the average price is around $167,421. That makes local housing 36% lower than the Minnesota average of $260,056, and 46% lower than the national average of $308,592.
The average household in Minnesota Lake earns about $68,750 a year. This income is 16% lower than the average family in Minnesota ($82,068), and 13% lower than the national average ($78,686).
Population
687
Median Household Income
$68,750
Median Home Value
$167,421
Median Age
41.2 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $38,947 |
| Labor Force Participation | 67.1% |
| Unemployment Rate | 2.7% |
| Average Commute Time | 30.9 mins |
Housing & Community Metrics
| Home Ownership Rate | 76.9% |
| Median Rent | $1,015 |
| Rent Burdened (>30% Income) | 18.1% |
| Total Housing Units | 308 |
Additional Census & Housing Profile
Geographic Overview
| County | Faribault |
| County FIPS | 27043 |
| Metro Area (CBSA) | 0 |
| Population Density | 163.7/sq mi |
| Coordinates (lat/lng) | 43.8409, -93.8279 |
| Timezone | America/Chicago |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 2.91 |
| Dual Income Families | 62.1% |
Marital Status
| Married | 53.0% |
| Never Married | 29.5% |
| Divorced | 11.9% |
| Widowed | 5.6% |
Gender
| Male | 55.6% |
| Female | 44.4% |
Health & Poverty
| Uninsured Rate (Health) | 3.9% |
| Poverty Rate | 7.0% |
Key Population Groups
| Veterans | 11.6% |
| Disabled Population | 13.4% |
| Limited English Proficiency | - |
All ZIP Codes in Minnesota Lake
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 56068 | 1,041 | $74,250 | $187,636 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Easton, MN | 6.3 miles | 178 |
| Wells, MN | 8.4 miles | 2,296 |
| Mapleton, MN | 8.7 miles | 1,728 |
| Waldorf, MN | 9.1 miles | 171 |
| Delavan, MN | 10.7 miles | 160 |
| Pemberton, MN | 11.8 miles | 223 |
| Freeborn, MN | 14.1 miles | 348 |
| Good Thunder, MN | 16.6 miles | 456 |
| Amboy, MN | 16.8 miles | 602 |
| St. Clair, MN | 16.9 miles | 710 |
| New Richland, MN | 17 miles | 1,184 |
| Hartland, MN | 17.3 miles | 422 |
| Alden, MN | 17.4 miles | 629 |
| Winnebago, MN | 17.9 miles | 1,280 |
| Frost, MN | 18.4 miles | 275 |
| Vernon Center, MN | 18.8 miles | 329 |
| Blue Earth, MN | 19.4 miles | 3,165 |
| Bricelyn, MN | 19.4 miles | 392 |
| Janesville, MN | 20.1 miles | 2,378 |
| Kiester, MN | 21.8 miles | 494 |
| Garden City, MN | 22.3 miles | 194 |
| Eagle Lake, MN | 22.5 miles | 3,281 |
| Skyline, MN | 23.1 miles | 307 |
| Waseca, MN | 23.2 miles | 9,164 |
| Mankato, MN | 24 miles | 45,473 |
| Madison Lake, MN | 25.3 miles | 1,322 |
| Rake, IA | 25.3 miles | 190 |
| Clarks Grove, MN | 25.5 miles | 636 |
| North Mankato, MN | 25.7 miles | 14,211 |
| Ellendale, MN | 26.4 miles | 754 |
| Elysian, MN | 26.4 miles | 676 |
| Albert Lea, MN | 26.5 miles | 18,330 |
| Elmore, MN | 26.5 miles | 451 |
| Lake Crystal, MN | 26.7 miles | 2,606 |
| Geneva, MN | 27.9 miles | 387 |
| Granada, MN | 28 miles | 243 |
| Emmons, MN | 28.7 miles | 363 |
| Waterville, MN | 29.3 miles | 1,947 |
| Truman, MN | 30.4 miles | 1,212 |
| Lewisville, MN | 30.7 miles | 255 |
| Northrop, MN | 31.2 miles | 240 |
| Hollandale, MN | 31.6 miles | 340 |
| Buffalo Center, IA | 31.7 miles | 911 |
| Kasota, MN | 31.9 miles | 554 |
| Hayward, MN | 31.9 miles | 231 |
| Morristown, MN | 32.6 miles | 1,265 |
| Thompson, IA | 32.6 miles | 459 |
| Madelia, MN | 32.7 miles | 2,327 |
| Lake Mills, IA | 32.8 miles | 2,088 |
| Glenville, MN | 33 miles | 572 |
| Cleveland, MN | 33.4 miles | 563 |
| Ledyard, IA | 33.5 miles | 112 |
| Owatonna, MN | 34.3 miles | 26,498 |
| St. Peter, MN | 34.4 miles | 12,185 |
| Fairmont, MN | 34.5 miles | 10,296 |
| Lakota, IA | 34.6 miles | 266 |
| Nicollet, MN | 34.9 miles | 957 |
| Kilkenny, MN | 35.1 miles | 125 |
| Warsaw, MN | 36.5 miles | 560 |
| Leland, IA | 36.5 miles | 306 |
| Medford, MN | 36.7 miles | 1,257 |
| Joice, IA | 37.8 miles | 207 |
| Le Center, MN | 38 miles | 2,513 |
| Blooming Prairie, MN | 38.5 miles | 1,843 |
| Courtland, MN | 39.3 miles | 770 |
| Hanska, MN | 39.4 miles | 380 |
| Swea City, IA | 39.8 miles | 591 |
| Searles, MN | 40.5 miles | 201 |
| Welcome, MN | 40.7 miles | 978 |
| St. James, MN | 40.9 miles | 4,767 |
| Northwood, IA | 41.1 miles | 2,040 |
| Forest City, IA | 41.5 miles | 4,290 |
| Faribault, MN | 41.8 miles | 24,631 |
| Woden, IA | 42.4 miles | 219 |
| Bancroft, IA | 42.6 miles | 626 |
| Crystal Lake, IA | 42.7 miles | 283 |
| Titonka, IA | 43.1 miles | 452 |
| Ormsby, MN | 43.4 miles | 136 |
| Montgomery, MN | 43.5 miles | 3,434 |
| Lansing, MN | 43.5 miles | 152 |
| Le Sueur, MN | 43.6 miles | 4,215 |
| Claremont, MN | 43.6 miles | 502 |
| Mapleview, MN | 43.9 miles | 110 |
| Austin, MN | 44 miles | 26,358 |
| Trimont, MN | 44.6 miles | 546 |
| Hanlontown, IA | 44.7 miles | 249 |
| Fertile, IA | 44.8 miles | 255 |
| Armstrong, IA | 45 miles | 703 |
| Ceylon, MN | 45.4 miles | 259 |
| New Ulm, MN | 45.5 miles | 14,056 |
| Odin, MN | 45.6 miles | 126 |
| Kensett, IA | 45.7 miles | 270 |
| Heidelberg, MN | 46.2 miles | 235 |
| Sherburn, MN | 46.7 miles | 1,015 |
| Dolliver, IA | 47.2 miles | 161 |
| Waltham, MN | 47.5 miles | 182 |
| Henderson, MN | 47.6 miles | 875 |
| Lonsdale, MN | 48.4 miles | 4,896 |
| Brownsdale, MN | 48.4 miles | 850 |
| Burt, IA | 48.5 miles | 511 |