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CITY · 2020 ACS

Round Lake

Minnesota · 377 residents · 0.725 sq mi
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The short version

Round Lake has lower-than-average household income, with a median household income of $54,063. Population has declined 11% since 2000. 8% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $72,300. With a median age of 44.2, the population is older than the US median of 38.8. Households here earn about 26% less than the Minnesota median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 44.2
US median: 38.8
Less educated
8% hold a bachelor's degree
US average: 33%
Less affordable
home values up 30%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
377
−11%since 2000
from 424 in 2000
1990 – 2025
Population density
520 / sq mi
−11%since 2000
from 585 / sq mi in 2000
US average: 280
Median age
44.2
+18%since 2000
from 37.5 in 2000
US average: 38.8
Population, 1990 – 2024
3203583974354731990201020202024Round Lake
2024333
1990201020202024
Section 02

Income & economy

Median household income
$54,063
+39%inflation adjusted, since 2000
from $25,938 in 2000
US average: $66,278
1990 – 2024
Per capita income
$26,965
+74%since 2000
from $15,476 in 2000
US average: $35,364
Households earning $100K+
33.0%
+19.5 ptssince 2009
from 13.5% in 2009
US average: 43.9%
Poverty rate
9.9%
−1.4 ptssince 2000
from 11.3% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade12.8%
US avg: 10%
Information12%
US avg: 11.1%
Wholesale trade11.7%
US avg: 6.7%
Transportation & warehousing8.6%
US avg: 2.5%
Finance & insurance7.9%
US avg: 5.5%
Professional, scientific, technical6.4%
US avg: 4.7%
Agriculture, forestry, fishing2.3%
US avg: 1.7%
Construction2.3%
US avg: 1.2%
Education & health services1.5%
US avg: 0.8%
Other services1.5%
US avg: 6.6%
Public administration1.5%
US avg: 4.7%
Manufacturing0%
US avg: 0.5%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$72,300
+30%inflation adjusted, since 2000
from $37,100 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$524
+46%inflation adjusted, since 2000
from $238 in 2000
US average: $1,124
Owner-occupied
75.4%
−2.1 ptssince 2000
from 77.5% in 2000
24.6% rent
Afford Score
1.3
−7%since 2000
from 1.4 in 2000
1990 – 2024
RELATED:See current rent listings in Round Lake on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.9%(411)
Black0%(0)
Hispanic / Latino1.9%(8)
Asian0%(0)
Other0%
Diversity Score4.7%(20)
2020
White, non-Hispanic87.3%(329)
Black0.5%(2)
Hispanic / Latino8%(30)
Asian0.5%(2)
Other3.1%(12)
Diversity Score27.6%(104)
Diversity Score
28
+490%since 2000
from 5 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
8.3%
+4.4 ptssince 2000
from 3.9% in 2000
US average: 32.9%
High school or higher
87.2%
+9.8 ptssince 2000
from 77.4% in 2000
US average: 88.5%
Graduate degree
2.2%
+1.2 ptssince 2000
from 1.1% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
24.3 min
+90%since 2000
from 12.8 min in 2000
US average: 26.9
Drive alone to work
69.4%
−9.4 ptssince 2009
from 78.8% in 2009
US average: 75.1%
No vehicle available
5.9%
−1.1 ptssince 2009
from 7.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
1.8%
−5.4 ptssince 2011
from 7.3% in 2011
US average: 5.4%
Labor force participation
74.2%
+11.0 ptssince 2011
from 63.3% in 2011
US average: 63.4%
Management & professional
21.4%
−27.0 ptssince 2009
from 48.4% in 2009
US average: 39.3%
Section 08

People & community

Male
48.5%
−3.6 ptssince 2009
from 52.1% in 2009
Female
51.5%
+3.6 ptssince 2009
from 47.9% in 2009
Foreign born
0.9%
−0.5 ptssince 2009
from 1.5% in 2009
US average: 13.5%
Uninsured
5.4%
−83.2 ptssince 2013
from 88.6% in 2013
US average: 8.8%
Drill deeper

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Pop 363
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Brooker
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Houston
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Head to head

Compare Round Lake to nearby cities

ROUND LAKE VS
Worthington
Income$61,797+14%
Home value$210,300+191%
Population13,979+3668%
SEE FULL COMPARISON →
ROUND LAKE VS
Spencer
Income$59,667+10%
Home value$184,800+156%
Population11,218+2924%
SEE FULL COMPARISON →
ROUND LAKE VS
Sioux Center
Income$92,983+72%
Home value$290,800+302%
Population8,864+2289%
SEE FULL COMPARISON →
ROUND LAKE VS
Fairmont
Income$53,084−2%
Home value$169,900+135%
Population10,099+2622%
SEE FULL COMPARISON →
Frequently asked

How many people live in Round Lake, Minnesota?

Round Lake, Minnesota has about 377 residents according to the 2020 American Community Survey.

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

The typical household in Round Lake, Minnesota earns about $54,063 a year. Half of households make more than that, and half make less.

Is Round Lake, Minnesota expensive?

In Round Lake, Minnesota, the median home is worth about $72,300, and the typical rent is about $524 a month.

How educated are people in Round Lake, Minnesota?

About 8.3% of adults age 25 and over in Round Lake, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Round Lake, Minnesota?

About 9.9% of people in Round Lake, Minnesota live below the federal poverty line.

Has Round Lake, Minnesota grown since 1990?

Yes, Round Lake, Minnesota has shrunk since 1990. The population has lost about 83 residents, a change of about -18 percent over that period.

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

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