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CITY · 2020 ACS

Lake Shore

Minnesota · 1,056 residents · 12.682 sq mi
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The short version

Lake Shore is significantly wealthier than the US average, with a median household income of $97,802. Population has held roughly steady since 2000. Median home value has more than doubled since 2000, reaching $447,300. With a median age of 55.4, the population is older than the US median of 38.8. Households here earn about 33% more than the Minnesota median.

At a glance
Wealthier
above the US median
US median: $66,278
Older
median age 55.4
US median: 38.8
More educated
41% hold a bachelor's degree
US average: 33%
Less affordable
home values up 33%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,056
+9%since 2000
from 966 in 2000
1990 – 2025
Population density
83 / sq mi
+9%since 2000
from 76 / sq mi in 2000
US average: 280
Median age
55.4
+13%since 2000
from 49.2 in 2000
US average: 38.8
Population, 1990 – 2024
6558189821K1K1990201020202024Lake Shore
20241K
1990201020202024
Section 02

Income & economy

Median household income
$97,802
+26%inflation adjusted, since 2000
from $51,500 in 2000
US average: $66,278
1990 – 2024
Per capita income
$51,356
+54%since 2000
from $33,387 in 2000
US average: $35,364
Households earning $100K+
61.6%
+18.2 ptssince 2009
from 43.3% in 2009
US average: 43.9%
Poverty rate
6.8%
+2.3 ptssince 2000
from 4.5% in 2000
US average: 12.8%
Workforce by industry, 2020
Information14.3%
US avg: 11.1%
Other services9.2%
US avg: 6.6%
Wholesale trade8.4%
US avg: 6.7%
Retail trade7.2%
US avg: 10%
Finance & insurance5%
US avg: 5.5%
Arts, entertainment, food5%
US avg: 2%
Public administration4.8%
US avg: 4.7%
Agriculture, forestry, fishing3.2%
US avg: 1.7%
Construction3.2%
US avg: 1.2%
Education & health services2.6%
US avg: 0.8%
Professional, scientific, technical2.4%
US avg: 4.7%
Transportation & warehousing0.4%
US avg: 2.5%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$447,300
+33%inflation adjusted, since 2000
from $223,900 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$825
−6%inflation adjusted, since 2000
from $585 in 2000
US average: $1,124
Owner-occupied
91.0%
−3.5 ptssince 2000
from 94.5% in 2000
9.0% rent
Afford Score
4.6
+5%since 2000
from 4.3 in 2000
1990 – 2024
RELATED:See current rent listings in Lake Shore on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.7%(953)
Black0%(0)
Hispanic / Latino0.2%(2)
Asian0.1%(1)
Other0%
Diversity Score0.8%(8)
2020
White, non-Hispanic94.9%(1,002)
Black0.1%(1)
Hispanic / Latino1.6%(17)
Asian0.4%(4)
Other2.5%(26)
Diversity Score11.1%(117)
Diversity Score
11
+1318%since 2000
from 1 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
41.3%
+13.3 ptssince 2000
from 28.0% in 2000
US average: 32.9%
High school or higher
97.0%
+5.3 ptssince 2000
from 91.7% in 2000
US average: 88.5%
Graduate degree
12.1%
+3.6 ptssince 2000
from 8.4% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
24.0 min
+59%since 2000
from 15.1 min in 2000
US average: 26.9
Drive alone to work
74.8%
+6.4 ptssince 2009
from 68.4% in 2009
US average: 75.1%
No vehicle available
0.9%
−0.7 ptssince 2009
from 1.5% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.5%
−3.3 ptssince 2011
from 6.7% in 2011
US average: 5.4%
Labor force participation
61.8%
+1.0 ptssince 2011
from 60.7% in 2011
US average: 63.4%
Management & professional
48.0%
−28.4 ptssince 2009
from 76.4% in 2009
US average: 39.3%
Section 08

People & community

Male
50.2%
+3.0 ptssince 2009
from 47.2% in 2009
Female
49.8%
−3.0 ptssince 2009
from 52.8% in 2009
Foreign born
1.0%
−1.0 ptssince 2009
from 2.0% in 2009
US average: 13.5%
Uninsured
0.0%
−89.9 ptssince 2013
from 89.9% in 2013
US average: 8.8%
Drill deeper

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Head to head

Compare Lake Shore to nearby cities

LAKE SHORE VS
Baxter
Income$70,688−28%
Home value$324,100−28%
Population9,217+718%
SEE FULL COMPARISON →
LAKE SHORE VS
Brainerd
Income$56,111−43%
Home value$192,500−57%
Population14,428+1180%
SEE FULL COMPARISON →
LAKE SHORE VS
Little Falls
Income$47,863−51%
Home value$202,600−55%
Population9,277+723%
SEE FULL COMPARISON →
LAKE SHORE VS
Sartell
Income$84,131−14%
Home value$297,300−34%
Population19,918+1667%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lake Shore, Minnesota?

Lake Shore, Minnesota has about 1,056 residents according to the 2020 American Community Survey.

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

The typical household in Lake Shore, Minnesota earns about $97,802 a year. Half of households make more than that, and half make less.

Is Lake Shore, Minnesota expensive?

In Lake Shore, Minnesota, the median home is worth about $447,300, and the typical rent is about $825 a month.

How educated are people in Lake Shore, Minnesota?

About 41.3% of adults age 25 and over in Lake Shore, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Lake Shore, Minnesota?

About 6.8% of people in Lake Shore, Minnesota live below the federal poverty line.

Has Lake Shore, Minnesota grown since 1990?

Yes, Lake Shore, Minnesota has grown since 1990. The population has added about 347 residents, a change of about 49 percent over that period.

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

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