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CITY

Lanesboro

Minnesota · 712 residents (2025 est.) · 1.515 sq mi
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The short version

Lanesboro has roughly average household income, with a median household income of $75,313. Population has declined 6% since 2000. Median home value has more than doubled since 2000, reaching $213,200. With a median age of 49.4, the population is older than the US median of 38.9.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 49.4
US median: 38.9
More educated
43% hold a bachelor's degree
US average: 36%
Less affordable
home values up 45%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
744
−6%since 2000
from 788 in 2000
1990 – 2025
Population density
491 / sq mi
−6%since 2000
from 520 / sq mi in 2000
US average: 281
Median age
49.4
+8%since 2000
from 45.6 in 2000
US average: 38.9

PEP 2025 EST:712 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
6537147758358961990201020202024Lanesboro
2024744
1990201020202024
Section 02

Income & economy

Median household income
$75,313
+28%inflation adjusted, since 2000
from $32,206 in 2000
US average: $82,259
1990 – 2024
Per capita income
$41,132
+125%since 2000
from $18,311 in 2000
US average: $44,673
Households earning $100K+
50.1%
+33.4 ptssince 2009
from 16.8% in 2009
US average: 53.3%
Poverty rate
11.4%
+1.2 ptssince 2000
from 10.2% in 2000
US average: 12.5%
Income inequality (Gini)
0.429
−5%since 2010
from 0.450 in 2010
US average: 0.476
Workforce by industry, 2024
Information11%
US avg: 10.8%
Retail trade9.9%
US avg: 9.9%
Other services3.6%
US avg: 6.7%
Wholesale trade3.3%
US avg: 6.9%
Agriculture, forestry, fishing3%
US avg: 1.6%
Construction3%
US avg: 1.2%
Public administration3%
US avg: 4.8%
Transportation & warehousing1.4%
US avg: 2.2%
Finance & insurance1.1%
US avg: 5.9%
Professional, scientific, technical0.6%
US avg: 5.1%
Education & health services0.6%
US avg: 0.9%
Arts, entertainment, food0.6%
US avg: 1.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$213,200
+45%inflation adjusted, since 2000
from $80,600 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$518
−6%inflation adjusted, since 2000
from $303 in 2000
US average: $1,442
Owner-occupied
68.6%
−5.4 ptssince 2000
from 74.0% in 2000
31.4% rent
Vacancy rate
24.4%
+11.1 ptssince 2009
from 13.3% in 2009
US average: 10.0%
Owner cost-burdened
14.9%
−15.8 ptssince 2009
from 30.7% in 2009
US average: 22.9%
Renter cost-burdened
30.6%
+6.1 ptssince 2009
from 24.6% in 2009
US average: 47.4%
Afford Score
2.8
+13%since 2000
from 2.5 in 2000
1990 – 2024
Gentrification Score
83
RELATED:See current rent listings in Lanesboro on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic99.1%(781)
Black0.3%(2)
Hispanic / Latino0.3%(2)
Asian0.1%(1)
Other0%
Diversity Score1.6%(12)
2024
White, non-Hispanic93.7%(697)
Black0%(0)
Hispanic / Latino3%(22)
Asian0%(0)
Other3.4%(25)
Diversity Score15%(112)
Diversity Score
15
+850%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
43.1%
+21.3 ptssince 2000
from 21.8% in 2000
US average: 35.6%
High school or higher
95.6%
+12.4 ptssince 2000
from 83.2% in 2000
US average: 89.6%
Graduate degree
18.7%
+9.6 ptssince 2000
from 9.1% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
20.6 min
+15%since 2000
from 18.0 min in 2000
US average: 26.5
Drive alone to work
73.2%
+16.7 ptssince 2009
from 56.5% in 2009
US average: 68.9%
Carpooled to work
4.1%
−11.0 ptssince 2009
from 15.1% in 2009
US average: 8.5%
Public transit
0.0%
−7.0 ptssince 2009
from 7.0% in 2009
US average: 3.2%
Worked from home
7.2%
−1.7 ptssince 2009
from 8.9% in 2009
US average: 15.0%
Walked to work
15.5%
+4.2 ptssince 2009
from 11.3% in 2009
US average: 2.4%
Biked to work
0.0%
−1.2 ptssince 2009
from 1.2% in 2009
US average: 0.4%
No vehicle available
13.3%
+1.3 ptssince 2009
from 12.0% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
3.2%
−2.4 ptssince 2011
from 5.6% in 2011
US average: 5.2%
Labor force participation
60.4%
+0.7 ptssince 2011
from 59.7% in 2011
US average: 63.5%
Self-employed
29.5%
+12.0 ptssince 2009
from 17.5% in 2009
US average: 13.1%
Management & professional
50.7%
−6.4 ptssince 2009
from 57.1% in 2009
US average: 42.5%
Section 08

People & community

Male
52.2%
−0.3 ptssince 2009
from 52.5% in 2009
Female
47.8%
+0.3 ptssince 2009
from 47.5% in 2009
Foreign born
2.2%
Unchangedsince 2009
from 2.1% in 2009
US average: 14.1%
Veterans
9.8%
−43.9 ptssince 2009
from 53.6% in 2009
US average: 6.2%
With a disability
13.7%
−0.1 ptssince 2012
from 13.8% in 2012
US average: 13.3%
Uninsured
1.6%
−89.5 ptssince 2013
from 91.1% in 2013
US average: 8.4%
Broadband at home
85.8%
+11.3 ptssince 2017
from 74.5% in 2017
US average: 91.0%
English only at home
96.3%
−0.7 ptssince 2016
from 97.0% in 2016
US average: 77.7%
Spanish at home
3.5%
+2.8 ptssince 2016
from 0.7% in 2016
US average: 13.6%
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Compare Lanesboro to nearby cities

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LANESBORO VS
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Home value$310,500+46%
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LANESBORO VS
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LANESBORO VS
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Home value$285,900+34%
Population12,105+1600%
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Frequently asked

How many people live in Lanesboro, Minnesota?

Lanesboro, Minnesota has about 744 residents according to the 2024 American Community Survey.

What is the median household income in Lanesboro, Minnesota?

The typical household in Lanesboro, Minnesota earns about $75,313 a year. Half of households make more than that, and half make less.

Is Lanesboro, Minnesota expensive?

In Lanesboro, Minnesota, the median home is worth about $213,200, and the typical rent is about $518 a month.

How educated are people in Lanesboro, Minnesota?

About 43.1% of adults age 25 and over in Lanesboro, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Lanesboro, Minnesota?

About 11.4% of people in Lanesboro, Minnesota live below the federal poverty line.

Has Lanesboro, Minnesota grown since 1990?

Yes, Lanesboro, Minnesota has shrunk since 1990. The population has lost about 125 residents, a change of about -14 percent over that period.

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

How we source and harmonize this data →