Lake Park, MN Profile: Facts, Map & Data

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Lake Park, Minnesota - Basic Facts

Real Estate Resources

The City of Lake Park had a population of 884 as of July 1, 2017.

The primary coordinate point for Lake Park is located at latitude 46.8838 and longitude -96.0986 in Becker County. The formal boundaries for the City of Lake Park (see map below) encompass a land area of 0.97 sq. miles and a water area of 0 sq. miles. Becker County is in the Central time zone (GMT -6). The elevation is 1,345 feet.

The City of Lake Park (GNIS ID: 2395597) 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.

Beneath the boundary map are tables with Lake Park population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2017.

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


Neighborhood Data

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City of Lake Park, MN Boundary Map



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Boundary Maps: Becker County | Minnesota Counties

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Lake Park, MN Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 884
Daytime Population: Workers 356
Daytime Population: Residents 392
Total Daytime Population (TDP) 748
Ratio TDP/Total Population1 0.85
Population in Households 884
Population in Familes 718
Population in Group Qrtrs 0
Population Density2 909
Diversity Index3 10
 

INCOME

Median Household Income $56,451
Average Household Income $63,845
Per Capita Income $25,569

HOUSING

Total Housing Units 395 (100%)
Owner Occupied HU 264 (66.8%)
Renter Occupied HU 93 (23.5%)
Vacant Housing Units 38 ( 9.6%)
Median Home Value $131,111
Average Home Value $158,144
 

HOUSEHOLDS

Total Households 357
Average Household Size 2.48
Family Households 245
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood 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.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 1.69% 1.28%
Households 1.7% 1.26%
Families 1.75% 1.2%
Median Household Income   1.25%
Per Capita Income   2.44%

Lake Park, MN - Peer Comparisons by Rank and Percentile

The table below compares Lake Park to the other 905 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2017 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 # 377 58th
Population Density # 319 65th
Diversity Index # 621 31st
Median Household Income # 407 55th
Per Capita Income # 682 25th

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

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