Also See Twin Lakes, MN: ZIP Codes & Maps
The City of Twin Lakes had a population of 153 as of July 1, 2023.
The primary coordinate point for Twin Lakes is located at latitude 43.5597 and longitude -93.423 in Freeborn County. The formal boundaries for the City of Twin Lakes encompass a land area of 0.49 sq. miles and a water area of 0.02 sq. miles. Freeborn County is in the Central time zone (GMT -6).
The City of Twin Lakes has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
POPULATION | |
---|---|
Total Population | 153 (100%) |
Population in Households | 153 (100.0%) |
Population in Families | 115 (75.2%) |
Population in Group Quarters1 | 0 |
Population Density | 314 |
Diversity Index2 | 20 |
INCOME | |
Median Household Income | $91,561 |
Average Household Income | $115,313 |
% of Income for Mortgage4 | 15% |
Per Capita Income | $51,250 |
Wealth Index5 | 132 |
Socioeconomic Status Index6 | Moderate (57.2) |
HOUSING | |
---|---|
Total HU (Housing Units) | 85 (100%) |
Owner Occupied HU | 63 (74.1%) |
Renter Occupied HU | 5 ( 5.9%) |
Vacant Housing Units | 17 (20.0%) |
Median Home Value | $220,833 |
Average Home Value | $261,905 |
Housing Affordability Index3 | 160 |
HOUSEHOLDS | |
Total Households | 68 |
Average Household Size | 2.25 |
Family Households | 41 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 4.16% | -0.53% |
Households | 0.00% | -0.30% |
Families | -1.00% | |
Median Household Income | 0.23% | |
Per Capita Income | 2.09% | |
Owner Occupied HU | 0.00% |
The table below compares Twin Lakes to the other 914 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 736 | 19th |
Population Density | # 621 | 32nd |
Median Household Income | # 161 | 82nd |
Housing Affordability Index | # 748 | 82nd |
Per Capita Income | # 118 | 87th |
Diversity Index | # 443 | 52nd |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.
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