Lanesboro, Minnesota Demographics & Population 2026

A note before these figures: with a population of 744, Lanesboro'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

Lanesboro is a small community located in Minnesota, within Fillmore County. The total population is 744. It ranks as the 415th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Lanesboro is 49.4 years. This is 27% higher than the state median of 38.8 years. 11.7% 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 Lanesboro is $75,313. This is 15% lower than the state median of $89,062. It is also 7% lower than the national median of $80,734. The poverty rate stands at 11.4%. This is 23% higher than the state poverty rate of 9.3%. The unemployment rate is 3.2%. This is 21% lower than the state rate of 4.1%. The median home value is $213,200. Housing costs are 35% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.8x, Lanesboro is one of the most affordable housing markets in the area. 68.6% of occupied housing units are owner-occupied. This homeownership rate is 5% lower than the state average of 72.2%.

Race & Ethnicity

Lanesboro has a predominantly White (non-Hispanic) population, comprising 93.7% of all residents. Hispanic or Latino residents account for 3.0%. The Hispanic or Latino population (3.0%) is well below the state average of 6.4%.

Education

43.1% of residents aged 25 and older hold a bachelor's degree or higher. This places Lanesboro in the top 10% of all cities in the state for educational attainment. This is 9% 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 95.6%. Notably, 18.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Lanesboro, 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.