Lake George CDP, Minnesota Demographics & Population 2026

Name: Lake George CDP, Minnesota Demographics
Creator: U.S. Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

As of 2026, Lake George CDP, Minnesota has a total population of 245, the 647th largest city in Minnesota, with a median household income of $68,500, which is 22% lower than the state average. The poverty rate is 7.8%.

Key Takeaways

Unemployment rate of 15.5% is notably above the national average.

Lake George CDP Quick Facts

Population 245

Median Household Income $68,500

Median Home Value $222,500

Poverty Rate 7.8%

Unemployment Rate 15.5%

Median Age 51.8 years

Homeownership Rate 89.8%

Affordability Ratio 3.2x

Bachelor's Degree or Higher 25.4%

High School Graduation Rate 97.4%

Diversity Index 13/100

Population 245 647th of 913

Median Income $68,500 average

Poverty Rate 7.8% 38% lower national

Median Home Value $222,500 above average

How Lake George CDP Compares

Median Household Income

Lake George CDP

$68,500

$87,556

National

$78,538

Median Home Value

Lake George CDP

$222,500

$305,500

National

$303,400

Economy & Housing

Household Income Distribution

Under $25K 6.8%

$25K-$50K 28.4%

$50K-$100K 38.6%

$100K+ 26.1%

Employment

15.5% Unemployment Rate State: 3.9% | National: 5.2%

53.9% Labor Force Participation

Housing Overview

Owner 89.8%

Renter 10.2%

Affordability Index Affordable

3.2x home value to income ratio

People & Demographics

Age Distribution

Under 18

13.5%

18-34

14.3%

35-54

26.9%

55-74

31.8%

75+

13.5%

Race & Ethnicity

Diversity Index

Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Educational Attainment (Adults 25+)

Lake George CDP Rankings in Minnesota

#647 Population of 913

#414 Median Income of 913

#312 Education of 913

#279 Home Value of 913

Explore Minnesota Rankings

Cities by Population All cities ranked by size Richest Cities Ranked by median income Most Educated By bachelor's degree rate Most Affordable By housing affordability

Cities Similar to Lake George CDP

These cities in the same state have comparable population and economic profiles.

City	Population	Median Income	Home Value	Bachelor's+	Poverty
Beaver Creek city	248	$70,625	$187,500	20.7%	7.3%
Peterson city	256	$66,250	$112,500	12.9%	16.8%
Gilman city	226	$68,750	$221,100	13.4%	4.6%
Beardsley city	226	$67,857	$74,500	13.6%	11.9%
Lewisville city	254	$61,500	$55,500	5.8%	3.5%

Population Overview

Lake George CDP is a small community located in Minnesota. The total population is 245. It ranks as the 647th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Lake George CDP is 51.8 years. This is 34% higher than the state median of 38.6 years. Only 13.5% of residents are under 18, indicating fewer families with children. 13.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Lake George CDP is $68,500. This is 22% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 13% lower. The poverty rate stands at 7.8%. This is 16% lower than the state poverty rate of 9.2%. The unemployment rate is 15.5%. This is 295% higher than the state rate of 3.9%. The median home value is $222,500. Housing costs are 27% lower than the state median of $305,500. The home-value-to-income ratio is 3.2x. 89.8% of occupied housing units are owner-occupied. This homeownership rate is 24% higher than the state average of 72.4%.

Race & Ethnicity

Lake George CDP has a predominantly White (non-Hispanic) population, comprising 93.1% of all residents. Hispanic or Latino residents account for 3.3%.

Education

25.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 35% lower than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.4%.

Data Sources & Methodology

All demographic data for Lake George CDP, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Lake George CDP, Minnesota?

Lake George CDP, Minnesota has a population of 245 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lake George CDP, MN?

The median household income in Lake George CDP is $68,500, which is 13% lower the national median of $78,538.

What is the poverty rate in Lake George CDP, MN?

The poverty rate in Lake George CDP is 7.8%. This means approximately 19 residents live below the federal poverty line.

What is the racial makeup of Lake George CDP, Minnesota?

Lake George CDP's population is 93.1% White, 0.0% Black, 3.3% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Lake George CDP, MN?

The median home value in Lake George CDP is $222,500. The home-value-to-income ratio is 3.2x.

How educated is Lake George CDP, Minnesota?

25.4% of adults (25+) in Lake George CDP hold a bachelor's degree or higher, and 4.2% hold a graduate or professional degree.