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Prior Lake, MN

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

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Community Insights

Highly Educated
36% hold a bachelor's degree
top 3% nationally
High Incomes
$126k/year
top 7% nationally
Leading Industries
Transportation · Arts, Food & Hospitality · Retail
4% transportation
Home Value Growth
+3.7% over 2 years
Family-Friendly
25% of residents
slightly above average
Homeowners
87% of occupied units

People & Demographics

Total Population27,984
Households
Under 18
25.0%
Age 18–34
25.0%
Age 35–64
34.0%
Age 65+
16.0%
Veterans
7.0%
Active Duty
0.0%

Housing & Living

Median Home Value$444,122
Median Gross Rent$1,862/mo
Owner Occupied
86.7%
Renter Occupied
13.3%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$125,633
Poverty Rate

Key Industries

Healthcare11.0%
Professional Services1.0%
Manufacturing0.0%
Retail16.0%
Education2.0%

Amenities & Transit

Transit Score70 / 100
Walkability / Amenities61 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
36.0%
Master's or Higher
10.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Prior Lake?

The total population of Prior Lake is approximately 27,984. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Prior Lake walkable and transit-friendly?

Based on local geographic data, Prior Lake has an amenity and walkability score of 61/100 and a transit score of 70/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Prior Lake?

The housing market in Prior Lake is predominantly driven by homeowners, with 87% of housing units being owner-occupied and 13% being renter-occupied.

What is the education level of residents in Prior Lake?

In Prior Lake, approximately 36% of adult residents hold a bachelor's degree or higher. Additionally, 10% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.