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CITY · 2010 ACS

Lake George

Minnesota · 230 residents · 5.072 sq mi
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The short version

Lake George has lower-than-average household income, with a median household income of $41,250. Population has grown 35% since 2011. 17% of adults hold a bachelor's degree or higher, below the national rate of 28%. Median home value is $125,000. With a median age of 48.4, the population is older than the US median of 37.2. Households here earn about 28% less than the Minnesota median.

At a glance
Lower income
below the US median
US median: $52,703
Older
median age 48.4
US median: 37.2
Less educated
17% hold a bachelor's degree
US average: 28%
More affordable
home values down 11%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
230
+35%vs 2011
vs 171 in 2011
2010 – 2024
Population density
45 / sq mi
+35%vs 2011
vs 34 / sq mi in 2011
US average: 261
Median age
48.4
−24%vs 2011
vs 64.1 in 2011
US average: 37.2
Population, 2010 – 2024
159195231266302201020202024Lake George
2024204
201020202024
Section 02

Income & economy

Median household income
$41,250
−19%inflation adjusted, since 2011
vs $52,857 in 2011
US average: $52,703
2010 – 2024
Per capita income
$27,336
−14%vs 2011
vs $31,758 in 2011
US average: $27,286
Households earning $100K+
24.1%
−11.6 ptsvs 2011
vs 35.7% in 2011
US average: 33.3%
Poverty rate
2.4%
−0.6 ptsvs 2011
vs 2.9% in 2011
US average: 13.8%
Income inequality (Gini)
0.437
−2%vs 2011
vs 0.446 in 2011
US average: 0.461
Workforce by industry, 2010
Wholesale trade25.3%
US avg: 7.2%
Information16.5%
US avg: 11.5%
Finance & insurance15.2%
US avg: 5.1%
Professional, scientific, technical15.2%
US avg: 4.2%
Arts, entertainment, food3.8%
US avg: 2.4%
Other services3.8%
US avg: 7%
Public administration3.8%
US avg: 4.9%
Retail trade2.5%
US avg: 10.9%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 3.1%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$125,000
−11%inflation adjusted, since 2011
vs $144,600 in 2011
US average: $225,659
2010 – 2024
Median gross rent
$728
+9%inflation adjusted, since 2011
vs $688 in 2011
US average: $853
Owner-occupied
46.2%
−38.3 ptsvs 2011
vs 84.5% in 2011
23.6% rent
Vacancy rate
48.2%
+0.1 ptsvs 2011
vs 48.1% in 2011
US average: 12.1%
Owner cost-burdened
4.8%
−5.0 ptsvs 2011
vs 9.9% in 2011
US average: 30.9%
Renter cost-burdened
64.0%
+48.6 ptsvs 2011
vs 15.4% in 2011
US average: 46.8%
Afford Score
3.0
+11%vs 2011
vs 2.7 in 2011
2010 – 2024
RELATED:See current rent listings in Lake George on RentDataNow
Section 04

Race & ethnicity

2011
White, non-Hispanic95.3%(163)
Black0%(0)
Hispanic / Latino3.5%(6)
Asian0%(0)
Other1.2%(2)
Diversity Score11.3%(19)
2010
White, non-Hispanic94.3%(217)
Black0%(0)
Hispanic / Latino3%(7)
Asian1.3%(3)
Other0%(0)
Diversity Score10.6%(24)
Diversity Score
11
−6%vs 2011
vs 11 in 2011
2010 – 2024
Section 05

Education

Bachelor's degree or higher
17.0%
+3.8 ptsvs 2011
vs 13.2% in 2011
US average: 27.9%
High school or higher
88.7%
−3.7 ptsvs 2011
vs 92.4% in 2011
US average: 84.9%
Graduate degree
2.8%
−1.3 ptsvs 2011
vs 4.2% in 2011
US average: 10.2%
Section 06

Commute & transportation

Average commute
26.1 min
Unchangedvs 2011
vs 26.1 min in 2011
US average: 25.2
Drive alone to work
69.4%
−1.6 ptsvs 2011
vs 71.0% in 2011
US average: 76.2%
Carpooled to work
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 10.4%
Public transit
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 4.7%
Worked from home
9.7%
−0.4 ptsvs 2011
vs 10.1% in 2011
US average: 4.1%
Walked to work
16.7%
+0.7 ptsvs 2011
vs 15.9% in 2011
US average: 2.8%
Biked to work
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 0.5%
No vehicle available
10.3%
+5.6 ptsvs 2011
vs 4.8% in 2011
US average: 8.7%
Section 07

Work & employment

Self-employed
20.3%
−2.8 ptsvs 2011
vs 23.1% in 2011
US average: 12.9%
Management & professional
27.8%
−5.5 ptsvs 2011
vs 33.3% in 2011
US average: 35.2%
Section 08

People & community

Male
58.8%
+0.3 ptsvs 2011
vs 58.5% in 2011
Female
41.2%
−0.3 ptsvs 2011
vs 41.5% in 2011
Foreign born
0.0%
−1.2 ptsvs 2011
vs 1.2% in 2011
US average: 12.8%
Veterans
18.7%
+1.4 ptsvs 2011
vs 17.2% in 2011
US average: 9.9%
Drill deeper

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Frequently asked

How many people live in Lake George, Minnesota?

Lake George, Minnesota has about 230 residents according to the 2010 American Community Survey.

What is the median household income in Lake George, Minnesota?

The typical household in Lake George, Minnesota earns about $41,250 a year. Half of households make more than that, and half make less.

Is Lake George, Minnesota expensive?

In Lake George, Minnesota, the median home is worth about $125,000, and the typical rent is about $728 a month.

How educated are people in Lake George, Minnesota?

About 17.0% of adults age 25 and over in Lake George, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Lake George, Minnesota?

About 2.4% of people in Lake George, Minnesota live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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