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CITY · 2020 ACS

Twin Lakes

Minnesota · 192 residents · 2.673 sq mi
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The short version

Twin Lakes has lower-than-average household income, with a median household income of $54,375. Population has fallen 18% since 2019, a loss of 43 residents. 19% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $183,300. The poverty rate of 31.3% is well above the national figure. Households here earn about 26% less than the Minnesota median.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 40.7
US median: 38.8
Less educated
19% hold a bachelor's degree
US average: 33%
More affordable
home values down 6%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

192
−18%since 2019
from 235 in 2019
2010 – 2024
72 / sq mi
−18%since 2019
from 88 / sq mi in 2019
US average: 280
40.7
−4%since 2019
from 42.6 in 2019
US average: 38.8
Population, 20102024
140166192218244201020202024Twin Lakes
2024197
201020202024
Section 02

Income & economy

$54,375
−6%inflation adjusted, since 2019
from $57,222 in 2019
US average: $66,278
2010 – 2024
$20,921
−17%since 2019
from $25,299 in 2019
US average: $35,364
Households earning $100K+
33.0%
−6.1 ptssince 2019
from 39.0% in 2019
US average: 43.9%
31.3%
+8.8 ptssince 2019
from 22.6% in 2019
US average: 12.8%
Workforce by industry, 2020
Wholesale trade9.9%
US avg: 6.7%
Agriculture, forestry, fishing4.4%
US avg: 1.7%
Construction4.4%
US avg: 1.2%
Retail trade3.3%
US avg: 10%
Information3.3%
US avg: 11.1%
Other services3.3%
US avg: 6.6%
Transportation & warehousing1.1%
US avg: 2.5%
Manufacturing0%
US avg: 0.5%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$183,300
−6%inflation adjusted, since 2019
from $192,500 in 2019
US average: $265,253
2010 – 2024
88.8%
−7.6 ptssince 2019
from 96.3% in 2019
11.3% rent
3.4
Unchangedsince 2019
from 3.4 in 2019
2010 – 2024
RELATED:See current rent listings in Twin Lakes on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic30.2%(71)
Black0%(0)
Hispanic / Latino6%(14)
Asian0%(0)
Other63.8%(150)
Diversity Score62.2%(146)
2020
White, non-Hispanic24.5%(47)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other71.5%(137)
Diversity Score47.5%(91)
48
−24%since 2019
from 62 in 2019
2010 – 2024
Section 05

Education

18.8%
−6.3 ptssince 2019
from 25.0% in 2019
US average: 32.9%
High school or higher
90.6%
+1.7 ptssince 2019
from 88.9% in 2019
US average: 88.5%
3.9%
−1.0 ptssince 2019
from 4.9% in 2019
US average: 12.7%
Section 06

Commute & transportation

23.3 min
+13%since 2019
from 20.6 min in 2019
US average: 26.9
74.0%
−1.9 ptssince 2019
from 75.9% in 2019
US average: 75.1%
14.3%
+13.1 ptssince 2019
from 1.2% in 2019
US average: 8.4%
Section 07

Work & employment

6.2%
−1.8 ptssince 2019
from 8.0% in 2019
US average: 5.4%
60.6%
+7.9 ptssince 2019
from 52.7% in 2019
US average: 63.4%
49.5%
−4.9 ptssince 2019
from 54.3% in 2019
US average: 39.3%
Section 08

People & community

50.2%
−2.1 ptssince 2019
from 52.3% in 2019
49.8%
+2.1 ptssince 2019
from 47.7% in 2019
0.8%
+0.4 ptssince 2019
from 0.4% in 2019
US average: 13.5%
15.3%
−0.4 ptssince 2019
from 15.7% in 2019
US average: 8.8%
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Frequently asked

How many people live in Twin Lakes, Minnesota?

Twin Lakes, Minnesota has about 192 residents according to the 2020 American Community Survey.

What is the median household income in Twin Lakes, Minnesota?

The typical household in Twin Lakes, Minnesota earns about $54,375 a year. Half of households make more than that, and half make less.

Is Twin Lakes, Minnesota expensive?

In Twin Lakes, Minnesota, the median home is worth about $183,300.

How educated are people in Twin Lakes, Minnesota?

About 18.8% of adults age 25 and over in Twin Lakes, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Twin Lakes, Minnesota?

About 31.3% of people in Twin Lakes, Minnesota live below the federal poverty line.

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

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