Balaton
Balaton has lower-than-average household income, with a median household income of $36,442. Population has declined 13% since 1990. 13% of adults hold a bachelor's degree or higher, below the national rate of 24%. Median home value has more than doubled since 1990, reaching $41,400. Poverty is rare here, at 6.0% of residents.
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How many people live in Balaton, Minnesota?
Balaton, Minnesota has about 637 residents according to the 2000 Census.
What is the median household income in Balaton, Minnesota?
The typical household in Balaton, Minnesota earns about $36,442 a year. Half of households make more than that, and half make less.
Is Balaton, Minnesota expensive?
In Balaton, Minnesota, the median home is worth about $41,400, and the typical rent is about $421 a month.
How educated are people in Balaton, Minnesota?
About 13.1% of adults age 25 and over in Balaton, Minnesota hold a bachelor's degree or higher.
What is the poverty rate in Balaton, Minnesota?
About 6.0% of people in Balaton, Minnesota live below the federal poverty line.
Has Balaton, Minnesota grown since 1990?
Yes, Balaton, Minnesota has shrunk since 1990. The population has lost about 95 residents, a change of about -13 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024