Lake Shore, Minnesota Demographics & Population 2026
During the 2020–2024 ACS period, Lake Shore, Minnesota had a total population of 1,073, the 353rd largest city in Minnesota, with a median household income of $96,563, which is 8% higher than the state average. The poverty rate is 5.8%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Near full employment with an unemployment rate of just 1.6%.
Lake Shore Quick Facts
How Lake Shore 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 | 1,117 | 1,073 | -3.9% |
| Median household income | $96,923 | $96,563 | -0.4% |
| Median home value | $532,500 | $513,200 | -3.6% |
How Lake Shore 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 Shore Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Cass County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| East Gull Lake | 1,076 | $123,333 | 3.6% | $553,700 |
| Pine River | 906 | $43,080 | 29.1% | $180,400 |
| Walker | 848 | $34,375 | 21.5% | $261,800 |
| Cass Lake | 635 | $48,250 | 22.8% | $109,900 |
| Pillager | 547 | $67,679 | 10.2% | $180,300 |
| Remer | 371 | $49,500 | 15.8% | $153,000 |
| Backus | 291 | $56,250 | 17.9% | $134,700 |
| Chickamaw Beach | 248 | $110,000 | 4.8% | $298,800 |
| Hackensack | 248 | $41,250 | 25.7% | $176,800 |
| Federal Dam | 142 | $38,393 | 10.6% | $123,100 |
Cities Similar to Lake Shore
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Cottonwood | 1,061 | $97,500 | $176,200 | 27.9% | 7.1% |
| Glyndon | 1,098 | $95,313 | $264,800 | 27.5% | 8.0% |
| Goodhue | 1,074 | $89,398 | $243,500 | 20.2% | 17.0% |
| Lake St. Croix Beach | 1,105 | $102,159 | $363,800 | 49.2% | 8.8% |
| Elgin | 1,116 | $92,083 | $232,200 | 25.2% | 7.6% |
Population Overview
Lake Shore is a small community located in Minnesota, within Cass County. The total population is 1,073. It ranks as the 353rd most populous out of 914 Census-designated places in Minnesota.
Age Demographics
The median age in Lake Shore is 54.7 years. This is 41% higher than the state median of 38.8 years.
Economy, Income & Housing
The median household income in Lake Shore is $96,563. This is 8% higher than the state median of $89,062. It is also 20% higher than the national median of $80,734. The poverty rate stands at 5.8%. This is 38% lower than the state poverty rate of 9.3%. The unemployment rate is 1.6%. This is 62% lower than the state rate of 4.1%. The median home value is $513,200. Housing costs are 56% higher than the state median of $329,300. The home-value-to-income ratio is 5.3x. 93.6% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 72.2%.
Race & Ethnicity
Lake Shore has a predominantly White (non-Hispanic) population, comprising 96.6% of all residents. Hispanic or Latino residents account for 1.0%. The Black or African American population (0.2%) is well below the state average of 7.0%. The Hispanic or Latino population (1.0%) is well below the state average of 6.4%.
Education
41.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 5% higher 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 97.1%.
Data Sources & Methodology
All demographic data for Lake Shore, 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 Shore, Minnesota?
Lake Shore, Minnesota has a population of 1,073 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lake Shore, MN?
The median household income in Lake Shore is $96,563, which is 20% higher than the national median of $80,734.
What is the poverty rate in Lake Shore, MN?
The poverty rate in Lake Shore is 5.8%. This means approximately 62 residents live below the federal poverty line.
What is the racial makeup of Lake Shore, Minnesota?
Lake Shore's population is 96.6% White, 0.2% Black, 1.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Lake Shore, MN?
The median home value in Lake Shore is $513,200. The home-value-to-income ratio is 5.3x.
How educated is Lake Shore, Minnesota?
41.3% of adults (25+) in Lake Shore hold a bachelor's degree or higher, and 11.7% hold a graduate or professional degree.