Minnesota Lake is home to 687 people in Minnesota. Four-year degrees are less common here than nationally, at 21% of adults. The foreign-born share is 0%. The typical home is worth $158,100, having roughly tripled since 2000. 77% of homes are owner-occupied. Households here earn about 23% less than in Minnesota as a whole.
At a glance
Lower income
median household income $68,750, below the US median
US median: $82,259
Older
median age 41.2
US median: 38.9
Less educated
21% hold a bachelor's degree
US average: 36%
Less affordable
home values up 56%, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Minnesota Lake
What changed most since 1990
Median home value (2024 dollars)$64,562 → $158,100(+145%)US over the same years: +67%
Adults with a bachelor's degree14.2% → 21.2%(+7.0 pts)US over the same years: +15.3 pts
Homes owned by their occupants84.2% → 76.9%(−7.2 pts)US over the same years: +0.9 pts
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)9.7%(6)
US avg: 26.4%
Gulf War (1990s)24.2%(15)
US avg: 24.3%
Vietnam era12.9%(8)
US avg: 33.1%
Korean War3.2%(2)
US avg: 4.5%
World War II0%(0)
US avg: 1%
Share of the 62 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Minnesota Lake, decade by decade
Minnesota Lake population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
681
$51,001
$64,562
14.2%
0.7
2000
681
$63,568
$101,102
12.7%
2.2
2010
687
$60,725
$139,254
15.0%
7.7
2020
661
$65,147
$132,961
17.9%
17.3
2024
687
$68,750
$158,100
21.2%
23.6
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.