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Lake Benton, MN

Comprehensive demographics, housing data, local amenities, and economic statistics for Lake Benton.

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Community Insights

Highly Educated
24% bachelor's · 13% graduate
top 21% nationally
Affordable Market
$161k median home
lower cost than 69% of the country
Leading Industries
Retail · Arts, Food & Hospitality · Healthcare
24% retail
Home Value Growth⬆⬆
+16.8% over 2 years
Young Adults
39% of residents
top 3% nationally
Homeowners
79% of occupied units

People & Demographics

Total Population678
Households
Under 18
20.0%
Age 18–34
39.0%
Age 35–64
29.0%
Age 65+
12.0%
Veterans
6.0%
Active Duty
0.0%

Housing & Living

Median Home Value$160,600
Median Gross Rent$646/mo
Owner Occupied
78.5%
Renter Occupied
21.5%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$69,861
Poverty Rate

Key Industries

Healthcare12.0%
Professional Services1.0%
Manufacturing0.0%
Retail24.0%
Education1.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities46 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
24.0%
Master's or Higher
13.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Lake Benton?

The total population of Lake Benton is approximately 678. The community has a large population of young adults (18-34). This demographic data is sourced from the U.S. Census Bureau.

Is Lake Benton walkable and transit-friendly?

Based on local geographic data, Lake Benton has an amenity and walkability score of 46/100 and a transit score of 28/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Lake Benton?

The housing market in Lake Benton is predominantly driven by homeowners, with 79% of housing units being owner-occupied and 21% being renter-occupied.

What is the education level of residents in Lake Benton?

In Lake Benton, approximately 24% of adult residents hold a bachelor's degree or higher. Additionally, 13% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.