Skip to main content

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

Lake Shore Quick Facts

Population 1,073
Median Household Income $96,563
Median Home Value $513,200
Poverty Rate 5.8%
Unemployment Rate 1.6%
Median Age 54.7 years
Homeownership Rate 93.6%
Affordability Ratio 5.3x
Bachelor's Degree or Higher 41.3%
High School Graduation Rate 97.1%
Diversity Index 7/100
Population 1,073 353rd of 914
Median Income $96,563 top 20%
Poverty Rate 5.8% 54% lower than national
Median Home Value $513,200 top 10%

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.

Metric2019–20232020–2024Change
Population1,1171,073-3.9%
Median household income$96,923$96,563-0.4%
Median home value$532,500$513,200-3.6%

How Lake Shore Compares

Economy & Housing

Household Income Distribution

Under $25K 7.2%
$25K-$50K 14.4%
$50K-$100K 30.7%
$100K+ 47.7%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
0.6%
$15K-$20K
6.0%
$20K-$25K
0.6%
$25K-$30K
3.1%
$30K-$35K
2.5%
$35K-$40K
1.8%
$40K-$45K
3.5%
$45K-$50K
3.5%
$50K-$60K
5.8%
$60K-$75K
6.6%
$75K-$100K
18.3%
$100K-$125K
8.6%
$125K-$150K
14.4%
$150K-$200K
6.6%
$200K+
18.1%

Employment

1.6% Unemployment Rate State: 4.1%|National: 5.2%
55.8% Labor Force Participation

Housing Overview

Owner 93.6%
Renter 6.4%
Affordability Index Expensive
5.3x home value to income ratio

People & Demographics

Diversity Index

7out of 100
Very Low Diversity

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

State average: 41 | National average: 61

Education

Lake Shore Rankings in Minnesota

#353 Population of 914
#165 Median Income of 887
#110 Education of 914
#32 Home Value of 870

Other Cities in Cass County

CityPopulationMedian IncomePovertyHome 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.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Cottonwood1,061$97,500$176,20027.9%7.1%
Glyndon1,098$95,313$264,80027.5%8.0%
Goodhue1,074$89,398$243,50020.2%17.0%
Lake St. Croix Beach1,105$102,159$363,80049.2%8.8%
Elgin1,116$92,083$232,20025.2%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.

Free data download: Get all Minnesota city and county demographics as CSV. Download Cities CSV | Download Counties CSV

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.