Lake Benton
Lake Benton has notably lower household income than the US average, with a median household income of $29,583. Population has held roughly steady since 1990. 12% 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 $40,000. With a median age of 46.6, the population is older than the US median of 35.2. Households here earn about 37% less than the Minnesota median.
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How many people live in Lake Benton, Minnesota?
Lake Benton, Minnesota has about 703 residents according to the 2000 Census.
What is the median household income in Lake Benton, Minnesota?
The typical household in Lake Benton, Minnesota earns about $29,583 a year. Half of households make more than that, and half make less.
Is Lake Benton, Minnesota expensive?
In Lake Benton, Minnesota, the median home is worth about $40,000, and the typical rent is about $281 a month.
How educated are people in Lake Benton, Minnesota?
About 12.2% of adults age 25 and over in Lake Benton, Minnesota hold a bachelor's degree or higher.
What is the poverty rate in Lake Benton, Minnesota?
About 5.7% of people in Lake Benton, Minnesota live below the federal poverty line.
Has Lake Benton, Minnesota grown since 1990?
Yes, Lake Benton, Minnesota has grown since 1990. The population has added about 22 residents, a change of about 3 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024