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Mountain Lake city, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

As of 2026, Mountain Lake city, Minnesota has a total population of 1,833, the 276th largest city in Minnesota, with a median household income of $59,115, which is 32% lower than the state average. The poverty rate is 17.4%.

Key Takeaways

Mountain Lake city Quick Facts

Population 1,833
Median Household Income $59,115
Median Home Value $118,900
Poverty Rate 17.4%
Unemployment Rate 4.9%
Median Age 33.8 years
Homeownership Rate 73.5%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 21.9%
High School Graduation Rate 89.6%
Diversity Index 52/100
Population 1,833 276th of 913
Median Income $59,115 below average
Poverty Rate 17.4% 40% higher national
Median Home Value $118,900 below average

How Mountain Lake city Compares

Economy & Housing

Employment

4.9% Unemployment Rate State: 3.9% | National: 5.2%
62.1% Labor Force Participation

Housing Overview

Owner 73.5%
Renter 26.5%
Affordability Index Very Affordable
2.0x home value to income ratio

People & Demographics

Diversity Index

52out of 100
Moderate Diversity

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

State average: 40 | National average: 60

Education

Mountain Lake city Rankings in Minnesota

#276 Population of 913
#586 Median Income of 913
#379 Education of 913
#607 Home Value of 913

Other Cities in Cottonwood County

CityPopulationMedian IncomePovertyHome Value
Windom city 4,786 $67,813 12.5% $158,000
Westbrook city 831 $36,667 21.4% $73,000
Jeffers city 355 $47,955 37.5% $85,200
Comfrey city 297 $60,750 11.1% $93,300
Storden city 289 $85,000 13.8% $77,000

Cities Similar to Mountain Lake city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Tracy city1,869$60,682$110,90016.3%9.5%
Ada city1,834$67,857$140,50031.3%15.8%
Coleraine city1,888$67,083$179,90025.7%13.7%
Waterville city1,778$67,721$216,70017.1%11.6%
Gilbert city1,693$62,625$116,20017.5%9.8%

Population Overview

Mountain Lake city is a small community located in Minnesota, within Cottonwood County. The total population is 1,833. It ranks as the 276th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Mountain Lake city is 33.8 years. This is 12% lower than the state median of 38.6 years. With 32.5% of the population under 18, Mountain Lake city has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Mountain Lake city is $59,115. This is 32% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 25% lower. The poverty rate stands at 17.4%. This is 89% higher than the state poverty rate of 9.2%. The unemployment rate is 4.9%. This is 24% higher than the state rate of 3.9%. The median home value is $118,900. Housing costs are 61% lower than the state median of $305,500. With a home-value-to-income ratio of just 2.0x, Mountain Lake city is one of the most affordable housing markets in the area. 73.5% of occupied housing units are owner-occupied. This homeownership rate is 2% higher than the state average of 72.4%.

Race & Ethnicity

The largest racial or ethnic group in Mountain Lake city is White (non-Hispanic), making up 65.0% of the population. Hispanic or Latino residents account for 18.4%. The Hispanic or Latino population is significantly higher than the state average (18.4% vs 6.2%). The Asian population is significantly higher than the state average (13.0% vs 5.0%).

Education

21.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 44% 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 89.6%.

Data Sources & Methodology

All demographic data for Mountain Lake 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 Mountain Lake city, Minnesota?

Mountain Lake city, Minnesota has a population of 1,833 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Mountain Lake city, MN?

The median household income in Mountain Lake city is $59,115, which is 25% lower the national median of $78,538.

What is the poverty rate in Mountain Lake city, MN?

The poverty rate in Mountain Lake city is 17.4%. This means approximately 309 residents live below the federal poverty line.

What is the racial makeup of Mountain Lake city, Minnesota?

Mountain Lake city's population is 65.0% White, 0.0% Black, 18.4% Hispanic/Latino, and 13.0% Asian.

What is the median home value in Mountain Lake city, MN?

The median home value in Mountain Lake city is $118,900. The home-value-to-income ratio is 2.0x.

How educated is Mountain Lake city, Minnesota?

21.9% of adults (25+) in Mountain Lake city hold a bachelor's degree or higher, and 4.5% hold a graduate or professional degree.