Lake Wilson city, Minnesota Demographics & Population 2026
As of 2026, Lake Wilson city, Minnesota has a total population of 227, the 662nd largest city in Minnesota, with a median household income of $59,375, which is 32% lower than the state average. The poverty rate is 13.2%.
Key Takeaways
- Household income is 32% below the state average, indicating significant economic challenges.
- Housing is very affordable with a home-value-to-income ratio of just 1.6x.
- Near full employment with an unemployment rate of just 0.0%.
Lake Wilson city Quick Facts
How Lake Wilson city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
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: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Lake Wilson city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Murray County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Slayton city | 2,089 | $65,724 | 11.5% | $160,400 |
| Fulda city | 1,348 | $68,056 | 7.1% | $155,100 |
| Chandler city | 322 | $77,188 | 16.3% | $102,900 |
| Currie city | 242 | $46,250 | 18.2% | $71,500 |
| Iona city | 207 | $44,167 | 16.2% | $54,300 |
| Avoca city | 101 | $50,000 | 6.9% | $50,700 |
| Dovray city | 40 | $49,063 | 5.0% | $51,700 |
| Hadley city | 36 | $85,000 | 2.8% | N/A |
Cities Similar to Lake Wilson city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Bellechester city | 234 | $59,375 | $194,400 | 6.5% | 12.6% |
| Williams city | 219 | N/A | $26,800 | 2.2% | 10.5% |
| Finlayson city | 228 | $63,750 | $175,000 | 20.2% | 19.7% |
| Twin Lakes CDP | 231 | $63,125 | $227,500 | 19.6% | 32.6% |
| Swanville city | 241 | $58,750 | $151,300 | 12.4% | 10.8% |
Population Overview
Lake Wilson city is a small community located in Minnesota, within Murray County. The total population is 227. It ranks as the 662nd most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Lake Wilson city is 57.6 years. This is 49% higher than the state median of 38.6 years. Only 14.1% of residents are under 18, indicating fewer families with children. 12.8% 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 Wilson city is $59,375. This is 32% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 24% lower. The poverty rate stands at 13.2%. This is 44% higher 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 $92,800. Housing costs are 70% lower than the state median of $305,500. With a home-value-to-income ratio of just 1.6x, Lake Wilson city is one of the most affordable housing markets in the area. 94.2% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 72.4%.
Race & Ethnicity
Lake Wilson city has a predominantly White (non-Hispanic) population, comprising 93.0% of all residents. Hispanic or Latino residents account for 2.2%. The Hispanic or Latino population (2.2%) is well below the state average of 6.2%.
Education
11.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 71% 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 94.2%.
Data Sources & Methodology
All demographic data for Lake Wilson 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 Wilson city, Minnesota?
Lake Wilson city, Minnesota has a population of 227 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lake Wilson city, MN?
The median household income in Lake Wilson city is $59,375, which is 24% lower the national median of $78,538.
What is the poverty rate in Lake Wilson city, MN?
The poverty rate in Lake Wilson city is 13.2%. This means approximately 30 residents live below the federal poverty line.
What is the racial makeup of Lake Wilson city, Minnesota?
Lake Wilson city's population is 93.0% White, 0.0% Black, 2.2% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Lake Wilson city, MN?
The median home value in Lake Wilson city is $92,800. The home-value-to-income ratio is 1.6x.
How educated is Lake Wilson city, Minnesota?
11.2% of adults (25+) in Lake Wilson city hold a bachelor's degree or higher, and 1.6% hold a graduate or professional degree.