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Lester Prairie, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 2.5x is exceptionally low

During the 2020–2024 ACS period, Lester Prairie, Minnesota had a total population of 1,898, the 272nd largest city in Minnesota, with a median household income of $96,544, which is 8% higher than the state average. The poverty rate is 3.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Lester Prairie Quick Facts

Population 1,898
Median Household Income $96,544
Median Home Value $237,400
Poverty Rate 3.0%
Unemployment Rate 0.8%
Median Age 32.8 years
Homeownership Rate 85.8%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 13.0%
High School Graduation Rate 90.4%
Diversity Index 42/100
Population 1,898 272nd of 914
Median Income $96,544 top 20%
Poverty Rate 3.0% 76% lower than national
Median Home Value $237,400 above average

How Lester Prairie 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
Population1,8481,898+2.7%
Median household income$87,188$96,544+10.7%
Median home value$217,000$237,400+9.4%

How Lester Prairie Compares

Economy & Housing

Household Income Distribution

Under $25K 9.5%
$25K-$50K 15.9%
$50K-$100K 28.0%
$100K+ 46.6%
Detailed income brackets
Under $10K
1.0%
$10K-$15K
1.6%
$15K-$20K
0.4%
$20K-$25K
6.4%
$25K-$30K
1.5%
$30K-$35K
5.8%
$35K-$40K
2.8%
$40K-$45K
1.5%
$45K-$50K
4.4%
$50K-$60K
4.7%
$60K-$75K
7.7%
$75K-$100K
15.6%
$100K-$125K
12.3%
$125K-$150K
13.7%
$150K-$200K
15.2%
$200K+
5.4%

Employment

0.8% Unemployment Rate State: 4.1%|National: 5.2%
76.3% Labor Force Participation

Housing Overview

Owner 85.8%
Renter 14.2%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $688/mo 8.6% of median household income annually

People & Demographics

Diversity Index

42out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 41 | National average: 61

Education

Lester Prairie Rankings in Minnesota

#272 Population of 914
#166 Median Income of 887
#690 Education of 914
#291 Home Value of 870

Other Cities in McLeod County

CityPopulationMedian IncomePovertyHome Value
Hutchinson 14,680 $72,836 12.4% $229,600
Glencoe 5,695 $71,356 9.2% $227,900
Winsted 2,181 $67,200 11.3% $201,900
Silver Lake 815 $74,432 3.3% $202,600
Stewart 644 $65,982 6.7% $125,400
Brownton 546 $79,712 10.7% $162,500
Plato 242 $91,250 0.0% $239,700
Biscay 138 $138,750 0.0% $188,900

Cities Similar to Lester Prairie

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Nisswa1,954$100,000$481,20050.9%5.0%
Howard Lake1,832$92,188$273,60023.1%10.3%
Clearwater1,970$91,346$271,80025.3%6.5%
Maple Lake2,042$93,750$246,80017.5%4.4%
Rock Creek1,748$94,856$318,20018.0%8.8%

Population Overview

Lester Prairie is a small community located in Minnesota, within McLeod County. The total population is 1,898. It ranks as the 272nd most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Lester Prairie is 32.8 years. This is 15% lower than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Lester Prairie is $96,544. 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 3.0%. This is 68% lower than the state poverty rate of 9.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 0.8%. This is 80% lower than the state rate of 4.1%. The median home value is $237,400. Housing costs are 28% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.5x, Lester Prairie is one of the most affordable housing markets in the area. 85.8% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 72.2%.

Race & Ethnicity

The largest racial or ethnic group in Lester Prairie is White (non-Hispanic), making up 73.3% of the population. Hispanic or Latino residents account for 20.1%. The Black or African American population (1.1%) is well below the state average of 7.0%. The Hispanic or Latino population is significantly higher than the state average (20.1% vs 6.4%). The Asian population (0.2%) is well below the state average of 5.1%.

Education

13.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 67% 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 90.4%.

Data Sources & Methodology

All demographic data for Lester Prairie, 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 Lester Prairie, Minnesota?

Lester Prairie, Minnesota has a population of 1,898 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lester Prairie, MN?

The median household income in Lester Prairie is $96,544, which is 20% higher than the national median of $80,734.

What is the poverty rate in Lester Prairie, MN?

The poverty rate in Lester Prairie is 3.0%. This means approximately 57 residents live below the federal poverty line.

What is the racial makeup of Lester Prairie, Minnesota?

Lester Prairie's population is 73.3% White, 1.1% Black, 20.1% Hispanic/Latino, and 0.2% Asian.

What is the median home value in Lester Prairie, MN?

The median home value in Lester Prairie is $237,400. The home-value-to-income ratio is 2.5x.

How educated is Lester Prairie, Minnesota?

13.0% of adults (25+) in Lester Prairie hold a bachelor's degree or higher, and 1.1% hold a graduate or professional degree.