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Lake, MN

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

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Community Insights

Leading Industries
Public Administration · Transportation · Retail
30% public administration
Home Value Growth⬆⬆⬆
+21.5% over 2 years
Retirees
25% of residents
above average nationally
Homeowners
83% of occupied units

People & Demographics

Total Population5,298
Households—
Under 18
21.0%
Age 18–34
22.0%
Age 35–64
33.0%
Age 65+
25.0%
Veterans
8.0%
Active Duty
0.0%

Housing & Living

Median Home Value$261,249
Median Gross Rent$878/mo
Owner Occupied
82.7%
Renter Occupied
17.3%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$79,638
Poverty Rate—

Key Industries

Healthcare6.0%
Professional Services1.0%
Manufacturing0.0%
Retail15.0%
Education1.0%

Amenities & Transit

Transit Score63 / 100
Walkability / Amenities52 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
16.0%
Master's or Higher
8.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Lake?›

The total population of Lake is approximately 5,298. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Lake walkable and transit-friendly?›

Based on local geographic data, Lake has an amenity and walkability score of 52/100 and a transit score of 63/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Lake?›

The housing market in Lake is predominantly driven by homeowners, with 83% of housing units being owner-occupied and 17% being renter-occupied.

What is the education level of residents in Lake?›

In Lake, approximately 16% of adult residents hold a bachelor's degree or higher. Additionally, 8% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.