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CITY

Martin Lake

Minnesota · 1,068 residents · 1.377 sq mi
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The short version

Martin Lake is significantly wealthier than the US average, with a median household income of $123,208. Population has declined 11% since 2023. 21% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $498,400. It ranks in the top 5% of US cities for household income. Households here earn about 38% more than the Minnesota median.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 42.6
US median: 38.9
Less educated
21% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

1,068
−11%since 2023
from 1,203 in 2023
2010 – 2024
776 / sq mi
−11%since 2023
from 874 / sq mi in 2023
US average: 281
42.6
Unchangedsince 2023
from 42.4 in 2023
US average: 38.9
Population, 20102024
7068419771K1K201020202024Martin Lake
20241K
201020202024
Section 02

Income & economy

$123,208
−1%inflation adjusted, since 2023
from $120,705 in 2023
US average: $82,259
2010 – 2024
$54,705
+14%since 2023
from $47,866 in 2023
US average: $44,673
Households earning $100K+
64.1%
−3.1 ptssince 2023
from 67.1% in 2023
US average: 53.3%
8.0%
+1.1 ptssince 2023
from 6.9% in 2023
US average: 12.5%
0.360
−2%since 2023
from 0.367 in 2023
US average: 0.476
Workforce by industry, 2024
Retail trade21.6%
US avg: 9.9%
Other services16.4%
US avg: 6.7%
Information14%
US avg: 10.8%
Public administration13.3%
US avg: 4.8%
Wholesale trade11.2%
US avg: 6.9%
Finance & insurance2.4%
US avg: 5.9%
Education & health services2.4%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Professional, scientific, technical0%
US avg: 5.1%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$498,400
+14%inflation adjusted, since 2023
from $426,100 in 2023
US average: $376,019
2010 – 2024
67.5%
−0.6 ptssince 2023
from 68.2% in 2023
32.5% rent
11.6%
+2.2 ptssince 2023
from 9.4% in 2023
US average: 10.0%
5.7%
−4.7 ptssince 2023
from 10.5% in 2023
US average: 22.9%
45.7%
+6.6 ptssince 2023
from 39.1% in 2023
US average: 47.4%
4.0
+15%since 2023
from 3.5 in 2023
2010 – 2024
RELATED:See current rent listings in Martin Lake on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic100%(1,203)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%(0)
Diversity Score0%(0)
2024
White, non-Hispanic97.8%(1,045)
Black0%(0)
Hispanic / Latino0%(0)
Asian2.2%(23)
Other0%(0)
Diversity Score5.3%(56)
5
from 0 in 2023
2010 – 2024
Section 05

Education

20.6%
+8.2 ptssince 2023
from 12.4% in 2023
US average: 35.6%
High school or higher
84.9%
−0.4 ptssince 2023
from 85.3% in 2023
US average: 89.6%
11.1%
+3.6 ptssince 2023
from 7.5% in 2023
US average: 14.0%
Section 06

Commute & transportation

30.6 min
+4%since 2023
from 29.3 min in 2023
US average: 26.5
67.8%
−3.6 ptssince 2023
from 71.4% in 2023
US average: 68.9%
15.2%
−2.9 ptssince 2023
from 18.1% in 2023
US average: 8.5%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
17.0%
+6.5 ptssince 2023
from 10.5% in 2023
US average: 15.0%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
14.8%
+2.4 ptssince 2023
from 12.4% in 2023
US average: 8.3%
Section 07

Work & employment

0.0%
−1.1 ptssince 2023
from 1.1% in 2023
US average: 5.2%
76.4%
+3.9 ptssince 2023
from 72.5% in 2023
US average: 63.5%
21.9%
+2.2 ptssince 2023
from 19.7% in 2023
US average: 13.1%
49.2%
+6.6 ptssince 2023
from 42.5% in 2023
US average: 42.5%
Section 08

People & community

44.4%
+0.2 ptssince 2023
from 44.1% in 2023
55.6%
−0.2 ptssince 2023
from 55.9% in 2023
2.2%
+2.2 ptssince 2023
from 0.0% in 2023
US average: 14.1%
2.0%
+0.9 ptssince 2023
from 1.1% in 2023
US average: 6.2%
19.4%
−0.6 ptssince 2023
from 20.0% in 2023
US average: 13.3%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.4%
96.6%
+1.3 ptssince 2023
from 95.3% in 2023
US average: 91.0%
89.3%
−3.3 ptssince 2023
from 92.6% in 2023
US average: 77.7%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
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Frequently asked

How many people live in Martin Lake, Minnesota?

Martin Lake, Minnesota has about 1,068 residents according to the 2024 American Community Survey.

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

The typical household in Martin Lake, Minnesota earns about $123,208 a year. Half of households make more than that, and half make less.

Is Martin Lake, Minnesota expensive?

In Martin Lake, Minnesota, the median home is worth about $498,400.

How educated are people in Martin Lake, Minnesota?

About 20.6% of adults age 25 and over in Martin Lake, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Martin Lake, Minnesota?

About 8.0% of people in Martin Lake, Minnesota live below the federal poverty line.

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

How we source and harmonize this data →

Martin Lake, Minnesota: demographics, income & housing data · CensusEasy