Lake Park, MN Community Profile: Data

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Lake Park, Minnesota - Basic Facts

Lake Park is the common name for the community and surrounding area while the formal official name is the City of Lake Park.

It is an incorporated place (Class Code P1) located in Becker County at latitude 46.8863 and longitude -96.0945. Becker County is in the Central time zone (GMT -6). The elevation is 1,345 feet.

The formal boundaries for the City of Lake Park (see map) encompass a land area of 0.97 sq. miles and a water area of 0 sq. miles.

Alternate Unofficial Names for Lake Park: City of Lake Park.

Camera Icon Photos of the local Lake Park, MN area

Also See: Lake Park, MN ZIP Codes and ZIP Code Maps

Lake Park, MN - Peer Comparisons by Rank and Percentile

The table below compares Lake Park to the other 906 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2014 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 # 378 58th
Population Density1 # 322 65th
Diversity Index2 # 569 37th
Median Household Income # 516 43rd
Per Capita Income # 662 27th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.

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Lake Park, MN Data & Demographics (As of July 1, 2014)

POPULATION

Total Population 884
Population in Households 884
Population in Familes 721
Population in Group Qrtrs 0
Population Density1 909
Diversity Index2 10
 

HOUSEHOLDS

Total Households 360
Average Household Size 2.46
Family Households 248
Average Family Size 3

HOUSING

Total Housing Units 398 (100%)
Owner Occupied HU 271 (68.1%)
Renter Occupied HU 89 (22.4%)
Vacant Housing Units 38 ( 9.5%)
Median Home Value $112,963
Average Home Value $125,093
 

INCOME

Median Household Income $50,144
Average Household Income $57,755
Per Capita Income $23,259
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2014 2014-2019
Population 2.9% 1.94%
Households 3.11% 2.08%
Families 3.3% 2.01%
Median Household Income   1.21%
Per Capita Income   1.97%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Information Updates

The Demographic Data for the 4,625 Minnesota cities, towns, counties, ZIP Codes and Census Designated Places (CDPs) profiled in this gazetteer is updated annually. Last Update: July 1, 2014.

The ZIP Code maps and the data regarding the number of residential and business addresses in each ZIP Code are updated four times per year. Last Update: November 1, 2014.

The information on the 50,017 Minnesota Physical, Cultural and Historic Features is updated six times per year. Last Update: October 5, 2014.

The School Attendance Zone Maps for 1,832 Minnesota public schools are updated four times per year. Last Update: October 6, 2014.