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Round Lake city, Minnesota Demographics & Population 2026

Very AffordableHome value to income ratio of 1.4x is exceptionally low

As of 2026, Round Lake city, Minnesota has a total population of 383, the 567th largest city in Minnesota, with a median household income of $63,661, which is 27% lower than the state average. The poverty rate is 5.8%.

Key Takeaways

Round Lake city Quick Facts

Population 383
Median Household Income $63,661
Median Home Value $87,800
Poverty Rate 5.8%
Unemployment Rate 4.9%
Median Age 44.9 years
Homeownership Rate 74.0%
Affordability Ratio 1.4x
Bachelor's Degree or Higher 10.0%
High School Graduation Rate 90.3%
Diversity Index 29/100
Population 383 567th of 913
Median Income $63,661 average
Poverty Rate 5.8% 53% lower national
Median Home Value $87,800 bottom 20%

How Round Lake city Compares

Economy & Housing

Employment

4.9% Unemployment Rate State: 3.9% | National: 5.2%
72.6% Labor Force Participation

Housing Overview

Owner 74.0%
Renter 26.0%
Affordability Index Very Affordable
1.4x home value to income ratio

People & Demographics

Diversity Index

29out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Round Lake city Rankings in Minnesota

#567 Population of 913
#502 Median Income of 913
#758 Education of 913
#748 Home Value of 913

Other Cities in Nobles County

CityPopulationMedian IncomePovertyHome Value
Worthington city 13,792 $61,840 15.6% $184,200
Adrian city 1,288 $74,100 7.6% $172,000
Brewster city 605 $59,688 6.9% $130,500
Ellsworth city 471 $58,438 5.5% $85,700
Rushmore city 351 $39,205 18.8% $107,200
Bigelow city 269 $75,625 12.0% N/A
Lismore city 259 $58,490 17.0% $48,900
Wilmont city 241 $55,000 5.8% $152,500
Dundee city 77 $54,375 35.1% $46,500
Kinbrae city 2 N/A 50.0% N/A

Cities Similar to Round Lake city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hanska city391$63,750$88,30011.1%14.6%
Darwin city385$61,250$142,50015.4%9.7%
Hollandale city380$67,000$141,20014.8%20.6%
Audubon city376$65,982$169,20014.0%18.4%
Upsala city394$61,250$143,40013.6%3.8%

Population Overview

Round Lake city is a small community located in Minnesota, within Nobles County. The total population is 383. It ranks as the 567th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Round Lake city is 44.9 years. This is 16% higher than the state median of 38.6 years. Only 13.8% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Round Lake city is $63,661. This is 27% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 19% lower. The poverty rate stands at 5.8%. This is 37% lower than the state poverty rate of 9.2%. The unemployment rate is 4.9%. This is 25% higher than the state rate of 3.9%. The median home value is $87,800. Housing costs are 71% lower than the state median of $305,500. With a home-value-to-income ratio of just 1.4x, Round Lake city is one of the most affordable housing markets in the area. 74.0% 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 Round Lake city is White (non-Hispanic), making up 83.5% of the population. Hispanic or Latino residents account for 8.9%. The Black or African American population (1.8%) is well below the state average of 6.7%. The Asian population (0.3%) is well below the state average of 5.0%.

Education

10.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 74% 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 90.3%.

Data Sources & Methodology

All demographic data for Round 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 Round Lake city, Minnesota?

Round Lake city, Minnesota has a population of 383 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Round Lake city is $63,661, which is 19% lower the national median of $78,538.

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

The poverty rate in Round Lake city is 5.8%. This means approximately 22 residents live below the federal poverty line.

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

Round Lake city's population is 83.5% White, 1.8% Black, 8.9% Hispanic/Latino, and 0.3% Asian.

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

The median home value in Round Lake city is $87,800. The home-value-to-income ratio is 1.4x.

How educated is Round Lake city, Minnesota?

10.0% of adults (25+) in Round Lake city hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.