Minnesota Lake, Minnesota Demographics & Population 2026
During the 2020–2024 ACS period, Minnesota Lake, Minnesota had a total population of 687, the 434th largest city in Minnesota, with a median household income of $68,750, which is 23% lower than the state average. The poverty rate is 7.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 2.3x.
Minnesota Lake Quick Facts
How Minnesota Lake 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 | 621 | 687 | +10.6% |
| Median household income | $62,875 | $68,750 | +9.3% |
| Median home value | $126,600 | $158,100 | +24.9% |
How Minnesota Lake 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+)
Minnesota Lake Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Blue Earth County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Mankato | 45,473 | $66,873 | 20.6% | $261,700 |
| North Mankato | 14,211 | $80,791 | 4.5% | $262,100 |
| Eagle Lake | 3,281 | $96,964 | 6.2% | $276,500 |
| Lake Crystal | 2,606 | $83,317 | 7.8% | $204,400 |
| Mapleton | 1,728 | $80,909 | 13.4% | $181,900 |
| Madison Lake | 1,322 | $87,727 | 6.8% | $303,100 |
| St. Clair | 710 | $106,136 | 4.9% | $218,000 |
| Amboy | 602 | $69,844 | 13.8% | $134,400 |
| Good Thunder | 456 | $81,667 | 7.9% | $178,700 |
| Vernon Center | 329 | $70,000 | 4.3% | $143,300 |
Cities Similar to Minnesota Lake
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Emily | 693 | $68,250 | $348,800 | 26.9% | 15.3% |
| Raymond | 692 | $64,563 | $158,100 | 17.0% | 15.6% |
| Kimball | 709 | $66,146 | $232,200 | 18.6% | 11.3% |
| Deerwood | 710 | $62,981 | $225,000 | 27.0% | 10.8% |
| Greenbush | 678 | $60,333 | $145,500 | 25.8% | 6.0% |
A note before these figures: with a population of 687, Minnesota Lake'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
Minnesota Lake is a small community located in Minnesota, within Blue Earth County. The total population is 687. It ranks as the 434th most populous out of 914 Census-designated places in Minnesota.
Age Demographics
The median age in Minnesota Lake is 41.2 years. This is 6% higher than the state median of 38.8 years.
Economy, Income & Housing
The median household income in Minnesota Lake is $68,750. This is 23% lower than the state median of $89,062. It is also 15% lower than the national median of $80,734. The poverty rate stands at 7.0%. This is 25% lower than the state poverty rate of 9.3%. The unemployment rate is 2.7%. This is 34% lower than the state rate of 4.1%. The median home value is $158,100. Housing costs are 52% lower than the state median of $329,300. With a home-value-to-income ratio of just 2.3x, Minnesota Lake is one of the most affordable housing markets in the area. 77.0% of occupied housing units are owner-occupied. This homeownership rate is 7% higher than the state average of 72.2%.
Race & Ethnicity
Minnesota Lake has a predominantly White (non-Hispanic) population, comprising 89.7% of all residents. Hispanic or Latino residents account for 8.2%. The Asian population (0.3%) is well below the state average of 5.1%.
Education
21.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 46% 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 93.3%.
Data Sources & Methodology
All demographic data for Minnesota Lake, 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 Minnesota Lake, Minnesota?
Minnesota Lake, Minnesota has a population of 687 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Minnesota Lake, MN?
The median household income in Minnesota Lake is $68,750, which is 15% lower than the national median of $80,734.
What is the poverty rate in Minnesota Lake, MN?
The poverty rate in Minnesota Lake is 7.0%. This means approximately 48 residents live below the federal poverty line.
What is the racial makeup of Minnesota Lake, Minnesota?
Minnesota Lake's population is 89.7% White, 0.0% Black, 8.2% Hispanic/Latino, and 0.3% Asian.
What is the median home value in Minnesota Lake, MN?
The median home value in Minnesota Lake is $158,100. The home-value-to-income ratio is 2.3x.
How educated is Minnesota Lake, Minnesota?
21.2% of adults (25+) in Minnesota Lake hold a bachelor's degree or higher, and 3.8% hold a graduate or professional degree.