Lake Park, Minnesota Demographics & Population 2026
During the 2020–2024 ACS period, Lake Park, Minnesota had a total population of 600, the 460th largest city in Minnesota, with a median household income of $64,028, which is 28% lower than the state average. The poverty rate is 4.6%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- An exceptionally low poverty rate of 4.6% — among the lowest in Minnesota.
Lake Park Quick Facts
How Lake Park Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 573 | 600 | +4.7% |
| Median household income | $63,250 | $64,028 | +1.2% |
| Median home value | $160,900 | $196,500 | +22.1% |
How Lake Park Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Lake Park Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Becker County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Detroit Lakes | 10,025 | $62,958 | 16.6% | $265,800 |
| Frazee | 1,647 | $47,016 | 22.3% | $172,000 |
| White Earth | 506 | $17,450 | 63.6% | N/A |
| Audubon | 388 | $67,500 | 15.5% | $207,000 |
| Osage | 290 | $48,333 | 29.7% | $330,300 |
| Ogema | 257 | $55,250 | 38.1% | $73,000 |
| Pine Point | 241 | $40,000 | 43.3% | $85,700 |
| Callaway | 224 | $53,125 | 13.8% | $87,500 |
| Elbow Lake | 76 | $29,583 | 43.4% | N/A |
| Wolf Lake | 73 | $65,833 | 14.1% | $137,500 |
Cities Similar to Lake Park
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Wabasso | 603 | $63,750 | $109,600 | 23.8% | 8.4% |
| Brownsville | 609 | $66,750 | $174,100 | 23.2% | 3.9% |
| Karlstad | 622 | $64,000 | $126,300 | 39.5% | 11.9% |
| Heron Lake | 593 | $68,000 | $88,600 | 19.3% | 9.3% |
| Ironton | 621 | $62,813 | $144,000 | 19.1% | 14.3% |
A note before these figures: with a population of 600, Lake Park's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Lake Park is a small community located in Minnesota, within Becker County. The total population is 600. It ranks as the 460th most populous out of 914 Census-designated places in Minnesota.
Age Demographics
The median age in Lake Park is 33.6 years. This is 13% lower than the state median of 38.8 years. With 28.3% of the population under 18, Lake Park has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Lake Park is $64,028. This is 28% lower than the state median of $89,062. It is also 21% lower than the national median of $80,734. The poverty rate stands at 4.6%. This is 51% lower than the state poverty rate of 9.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The survey records no unemployed residents in Lake Park, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $196,500. Housing costs are 40% lower than the state median of $329,300. The home-value-to-income ratio is 3.1x. 82.7% of occupied housing units are owner-occupied. This homeownership rate is 14% higher than the state average of 72.2%.
Race & Ethnicity
Lake Park has a predominantly White (non-Hispanic) population, comprising 85.7% of all residents. Hispanic or Latino residents account for 8.8%.
Education
28.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 28% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.7%.
Data Sources & Methodology
All demographic data for Lake Park, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Lake Park, Minnesota?
Lake Park, Minnesota has a population of 600 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lake Park, MN?
The median household income in Lake Park is $64,028, which is 21% lower than the national median of $80,734.
What is the poverty rate in Lake Park, MN?
The poverty rate in Lake Park is 4.6%. This means approximately 27 residents live below the federal poverty line.
What is the racial makeup of Lake Park, Minnesota?
Lake Park's population is 85.7% White, 0.0% Black, 8.8% Hispanic/Latino, and 3.0% Asian.
What is the median home value in Lake Park, MN?
The median home value in Lake Park is $196,500. The home-value-to-income ratio is 3.1x.
How educated is Lake Park, Minnesota?
28.3% of adults (25+) in Lake Park hold a bachelor's degree or higher, and 6.4% hold a graduate or professional degree.