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CITY · 2010 ACS

Minnesota Lake

Minnesota · 687 residents · 1.62 sq mi
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The short version

Minnesota Lake has lower-than-average household income, with a median household income of $42,212. Population has held roughly steady since 2000. 15% of adults hold a bachelor's degree or higher, below the national rate of 28%. Median home value has risen by half since 2000, reaching $96,800. Households here earn about 26% less than the Minnesota median.

At a glance
Lower income
below the US median
US median: $52,703
Older
median age 41.1
US median: 37.2
Less educated
15% hold a bachelor's degree
US average: 28%
Less affordable
home values up 38%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
687
+1%since 2000
from 681 in 2000
1990 – 2025
Population density
424 / sq mi
+1%since 2000
from 420 / sq mi in 2000
US average: 261
Median age
41.1
+4%since 2000
from 39.5 in 2000
US average: 37.2
Population, 1990 – 2024
5856276687097511990201020202024Minnesota Lake
2024687
1990201020202024
Section 02

Income & economy

Median household income
$42,212
−4%inflation adjusted, since 2000
from $34,896 in 2000
US average: $52,703
1990 – 2024
Per capita income
$24,163
+30%since 2000
from $18,609 in 2000
US average: $27,286
Households earning $100K+
19.7%
+2.6 ptssince 2009
from 17.1% in 2009
US average: 33.3%
Poverty rate
7.4%
+3.2 ptssince 2000
from 4.3% in 2000
US average: 13.8%
Income inequality (Gini)
0.423
US average: 0.461
Workforce by industry, 2010
Information17.4%
US avg: 11.5%
Retail trade16.5%
US avg: 10.9%
Agriculture, forestry, fishing7.2%
US avg: 1.9%
Construction7.2%
US avg: 1.4%
Wholesale trade6.7%
US avg: 7.2%
Finance & insurance6.7%
US avg: 5.1%
Other services5.2%
US avg: 7%
Professional, scientific, technical4.3%
US avg: 4.2%
Public administration3.8%
US avg: 4.9%
Transportation & warehousing2.6%
US avg: 3.1%
Arts, entertainment, food2.6%
US avg: 2.4%
Education & health services2.3%
US avg: 0.9%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$96,800
+38%inflation adjusted, since 2000
from $55,500 in 2000
US average: $225,659
1990 – 2024
Median gross rent
$494
+19%inflation adjusted, since 2000
from $327 in 2000
US average: $853
Owner-occupied
52.5%
−29.6 ptssince 2000
from 82.2% in 2000
18.0% rent
Vacancy rate
8.8%
+0.4 ptssince 2009
from 8.4% in 2009
US average: 12.1%
Owner cost-burdened
23.9%
−10.2 ptssince 2009
from 34.1% in 2009
US average: 30.9%
Renter cost-burdened
41.5%
−10.6 ptssince 2009
from 52.0% in 2009
US average: 46.8%
Afford Score
2.3
+44%since 2000
from 1.6 in 2000
1990 – 2024
RELATED:See current rent listings in Minnesota Lake on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic99.1%(675)
Black0%(0)
Hispanic / Latino0.6%(4)
Asian0%(0)
Other0%
Diversity Score1.5%(10)
2010
White, non-Hispanic96.8%(665)
Black0.3%(2)
Hispanic / Latino2.9%(20)
Asian0%(0)
Other2.6%(18)
Diversity Score13.5%(93)
Diversity Score
14
+824%since 2000
from 1 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
15.0%
+2.3 ptssince 2000
from 12.7% in 2000
US average: 27.9%
High school or higher
88.6%
+5.2 ptssince 2000
from 83.4% in 2000
US average: 84.9%
Graduate degree
1.6%
−0.7 ptssince 2000
from 2.3% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
24.0 min
+32%since 2000
from 18.1 min in 2000
US average: 25.2
Drive alone to work
80.2%
+1.3 ptssince 2009
from 78.9% in 2009
US average: 76.2%
Carpooled to work
13.0%
−3.1 ptssince 2009
from 16.1% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
2.1%
+0.7 ptssince 2009
from 1.4% in 2009
US average: 4.1%
Walked to work
4.7%
+1.1 ptssince 2009
from 3.6% in 2009
US average: 2.8%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
6.5%
−0.5 ptssince 2009
from 7.0% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
9.3%
−0.7 ptssince 2009
from 10.0% in 2009
US average: 12.9%
Management & professional
24.6%
−38.3 ptssince 2009
from 63.0% in 2009
US average: 35.2%
Section 08

People & community

Male
49.8%
−2.7 ptssince 2009
from 52.5% in 2009
Female
50.2%
+2.7 ptssince 2009
from 47.5% in 2009
Foreign born
1.2%
−1.0 ptssince 2009
from 2.2% in 2009
US average: 12.8%
Veterans
15.4%
−33.0 ptssince 2009
from 48.4% in 2009
US average: 9.9%
Drill deeper

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Compare Minnesota Lake to nearby cities

MINNESOTA LAKE VS
Waseca
Income$64,074+52%
Home value$189,200+95%
Population9,035+1265%
SEE FULL COMPARISON →
MINNESOTA LAKE VS
Mankato
Income$66,873+58%
Home value$261,700+170%
Population46,529+6929%
SEE FULL COMPARISON →
MINNESOTA LAKE VS
North Mankato
Income$80,791+91%
Home value$262,100+171%
Population14,165+2040%
SEE FULL COMPARISON →
MINNESOTA LAKE VS
Albert Lea
Income$64,603+53%
Home value$157,500+63%
Population18,217+2652%
SEE FULL COMPARISON →
Frequently asked

How many people live in Minnesota Lake, Minnesota?

Minnesota Lake, Minnesota has about 687 residents according to the 2010 American Community Survey.

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

The typical household in Minnesota Lake, Minnesota earns about $42,212 a year. Half of households make more than that, and half make less.

Is Minnesota Lake, Minnesota expensive?

In Minnesota Lake, Minnesota, the median home is worth about $96,800, and the typical rent is about $494 a month.

How educated are people in Minnesota Lake, Minnesota?

About 15.0% of adults age 25 and over in Minnesota Lake, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Minnesota Lake, Minnesota?

About 7.4% of people in Minnesota Lake, Minnesota live below the federal poverty line.

Has Minnesota Lake, Minnesota grown since 1990?

Yes, Minnesota Lake, Minnesota has grown since 1990. The population has added about 6 residents, a change of about 1 percent over that period.

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

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