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CITY · 2010 ACS

Prior Lake

Minnesota · 22,796 residents · 16.293 sq mi
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The short version

Prior Lake is significantly wealthier than the US average, with a median household income of $90,360. Population has grown 43% since 2000. 42% of adults hold a bachelor's degree or higher, well above the national rate of 28%. Median home value has risen by half since 2000, reaching $299,800. Poverty is rare here, at 2.7% of residents. Households here earn about 58% more than the Minnesota median.

At a glance
Wealthier
above the US median
US median: $52,703
Mid-age
median age 37.8
US median: 37.2
More educated
42% hold a bachelor's degree
US average: 28%
Less affordable
home values up 35%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

22,796
+43%since 2000
from 15,917 in 2000
1990 – 2025
1,399 / sq mi
+43%since 2000
from 977 / sq mi in 2000
US average: 261
37.8
+14%since 2000
from 33.3 in 2000
US average: 37.2
Population, 19902024
10K15K20K25K30K1990201020202024Prior Lake
202428K
1990201020202024
Section 02

Income & economy

$90,360
−5%inflation adjusted, since 2000
from $75,363 in 2000
US average: $52,703
1990 – 2024
$40,295
+26%since 2000
from $32,089 in 2000
US average: $27,286
Households earning $100K+
58.8%
+0.6 ptssince 2009
from 58.3% in 2009
US average: 33.3%
2.7%
−0.9 ptssince 2000
from 3.6% in 2000
US average: 13.8%
0.405
US average: 0.461
Workforce by industry, 2010
Retail trade14.4%
US avg: 10.9%
Other services11.5%
US avg: 7%
Information10.8%
US avg: 11.5%
Public administration8.6%
US avg: 4.9%
Wholesale trade6%
US avg: 7.2%
Finance & insurance5.1%
US avg: 5.1%
Professional, scientific, technical4.8%
US avg: 4.2%
Transportation & warehousing4%
US avg: 3.1%
Arts, entertainment, food1.9%
US avg: 2.4%
Education & health services0.3%
US avg: 0.9%
Agriculture, forestry, fishing0.2%
US avg: 1.9%
Construction0.1%
US avg: 1.4%
Manufacturing0.1%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$299,800
+35%inflation adjusted, since 2000
from $176,000 in 2000
US average: $225,659
1990 – 2024
$885
−1%inflation adjusted, since 2000
from $705 in 2000
US average: $853
71.4%
−15.9 ptssince 2000
from 87.4% in 2000
15.9% rent
6.9%
+0.1 ptssince 2009
from 6.8% in 2009
US average: 12.1%
28.0%
−2.0 ptssince 2009
from 30.0% in 2009
US average: 30.9%
45.7%
−1.7 ptssince 2009
from 47.5% in 2009
US average: 46.8%
3.3
+42%since 2000
from 2.3 in 2000
1990 – 2024
RELATED:See current rent listings in Prior Lake on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic93.9%(14,951)
Black0.7%(119)
Hispanic / Latino1.1%(177)
Asian0.9%(148)
Other0%
Diversity Score7.1%(1,125)
2010
White, non-Hispanic89.6%(20,431)
Black1.5%(334)
Hispanic / Latino2.1%(482)
Asian3%(688)
Other2.6%(604)
Diversity Score22%(5,014)
22
+211%since 2000
from 7 in 2000
1990 – 2024
Section 05

Education

42.5%
+9.7 ptssince 2000
from 32.8% in 2000
US average: 27.9%
High school or higher
97.4%
+3.7 ptssince 2000
from 93.7% in 2000
US average: 84.9%
10.9%
+4.0 ptssince 2000
from 6.9% in 2000
US average: 10.2%
Section 06

Commute & transportation

26.8 min
+73%since 2000
from 15.5 min in 2000
US average: 25.2
84.2%
+0.8 ptssince 2009
from 83.4% in 2009
US average: 76.2%
7.5%
−0.2 ptssince 2009
from 7.7% in 2009
US average: 10.4%
2.4%
+0.2 ptssince 2009
from 2.2% in 2009
US average: 4.7%
4.8%
−0.7 ptssince 2009
from 5.5% in 2009
US average: 4.1%
0.6%
+0.2 ptssince 2009
from 0.5% in 2009
US average: 2.8%
0.1%
Unchangedsince 2009
from 0.1% in 2009
US average: 0.5%
3.1%
+0.6 ptssince 2009
from 2.5% in 2009
US average: 8.7%
Section 07

Work & employment

7.7%
+0.8 ptssince 2009
from 6.9% in 2009
US average: 12.9%
42.3%
−23.1 ptssince 2009
from 65.4% in 2009
US average: 35.2%
Section 08

People & community

51.2%
+0.2 ptssince 2009
from 51.0% in 2009
48.8%
−0.2 ptssince 2009
from 49.0% in 2009
4.1%
+0.2 ptssince 2009
from 3.9% in 2009
US average: 12.8%
9.6%
−41.0 ptssince 2009
from 50.6% in 2009
US average: 9.9%
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Frequently asked

How many people live in Prior Lake, Minnesota?

Prior Lake, Minnesota has about 22,796 residents according to the 2010 American Community Survey.

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

The typical household in Prior Lake, Minnesota earns about $90,360 a year. Half of households make more than that, and half make less.

Is Prior Lake, Minnesota expensive?

In Prior Lake, Minnesota, the median home is worth about $299,800, and the typical rent is about $885 a month.

How educated are people in Prior Lake, Minnesota?

About 42.5% of adults age 25 and over in Prior Lake, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Prior Lake, Minnesota?

About 2.7% of people in Prior Lake, Minnesota live below the federal poverty line.

Has Prior Lake, Minnesota grown since 1990?

Yes, Prior Lake, Minnesota has grown since 1990. The population has added about 11,314 residents, a change of about 99 percent over that period.

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

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