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Lake Park city, Minnesota Demographics & Population 2026

As of 2026, Lake Park city, Minnesota has a total population of 573, the 472nd largest city in Minnesota, with a median household income of $63,250, which is 28% lower than the state average. The poverty rate is 8.0%.

Key Takeaways

Lake Park city Quick Facts

Population 573
Median Household Income $63,250
Median Home Value $160,900
Poverty Rate 8.0%
Unemployment Rate 0.0%
Median Age 36.8 years
Homeownership Rate 84.0%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 25.8%
High School Graduation Rate 96.0%
Diversity Index 19/100
Population 573 472nd of 913
Median Income $63,250 average
Poverty Rate 8.0% 36% lower national
Median Home Value $160,900 average

How Lake Park city Compares

Economy & Housing

Employment

0.0% Unemployment Rate State: 3.9% | National: 5.2%
72.8% Labor Force Participation

Housing Overview

Owner 84.0%
Renter 16.0%
Affordability Index Very Affordable
2.5x home value to income ratio

People & Demographics

Diversity Index

19out of 100
Very Low Diversity

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

State average: 40 | National average: 60

Education

Lake Park city Rankings in Minnesota

#472 Population of 913
#507 Median Income of 913
#297 Education of 913
#452 Home Value of 913

Other Cities in Ramsey County

CityPopulationMedian IncomePovertyHome Value
Blaine city 71,261 $103,382 6.5% $327,500
Maplewood city 40,981 $88,534 10.0% $291,300
Roseville city 35,905 $88,440 7.2% $334,800
Shoreview city 26,724 $109,399 5.5% $365,100
New Brighton city 22,900 $87,272 10.3% $345,900
Mounds View city 12,992 $90,148 12.5% $294,500
Vadnais Heights city 12,789 $91,946 5.3% $334,500
North St. Paul city 12,511 $81,641 13.1% $286,600
Arden Hills city 9,737 $128,668 4.3% $423,800
Spring Lake Park city 6,997 $77,112 14.3% $281,800

Cities Similar to Lake Park city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Stewart city570$62,692$115,9005.4%9.5%
Littlefork city577$61,685$114,50026.8%6.3%
Wabasso city598$63,900$105,10020.9%8.0%
Heron Lake city591$66,607$86,20019.9%8.0%
Claremont city554$66,458$114,10012.7%27.9%

Population Overview

Lake Park city is a small community located in Minnesota, within Ramsey County. The total population is 573. It ranks as the 472nd most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Lake Park city is 36.8 years. This is 5% lower than the state median of 38.6 years. With 28.8% of the population under 18, Lake Park city has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Lake Park city is $63,250. This is 28% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 19% lower. The poverty rate stands at 8.0%. This is 13% lower than the state poverty rate of 9.2%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 3.9%. The median home value is $160,900. Housing costs are 47% lower than the state median of $305,500. With a home-value-to-income ratio of just 2.5x, Lake Park city is one of the most affordable housing markets in the area. 84.0% of occupied housing units are owner-occupied. This homeownership rate is 16% higher than the state average of 72.4%.

Race & Ethnicity

Lake Park city has a predominantly White (non-Hispanic) population, comprising 89.3% of all residents. Asian residents account for 7.0%.

Education

25.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 34% 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 96.0%.

Data Sources & Methodology

All demographic data for Lake Park city, 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 Park city, Minnesota?

Lake Park city, Minnesota has a population of 573 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lake Park city, MN?

The median household income in Lake Park city is $63,250, which is 19% lower the national median of $78,538.

What is the poverty rate in Lake Park city, MN?

The poverty rate in Lake Park city is 8.0%. This means approximately 45 residents live below the federal poverty line.

What is the racial makeup of Lake Park city, Minnesota?

Lake Park city's population is 89.3% White, 0.0% Black, 0.0% Hispanic/Latino, and 7.0% Asian.

What is the median home value in Lake Park city, MN?

The median home value in Lake Park city is $160,900. The home-value-to-income ratio is 2.5x.

How educated is Lake Park city, Minnesota?

25.8% of adults (25+) in Lake Park city hold a bachelor's degree or higher, and 6.8% hold a graduate or professional degree.