The City of Minnesota Lake had a population of 741 as of July 1, 2016.
The primary coordinate point for Minnesota Lake is located at latitude 43.8427 and longitude -93.828 in Faribault County. The formal boundaries for the City of Minnesota Lake (see map below) encompass a land area of 1.66 sq. miles and a water area of 0.51 sq. miles. Faribault County is in the Central time zone (GMT -6). The elevation is 1,043 feet.
The City of Minnesota Lake (GNIS ID: 2395349) 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 Minnesota Lake population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.
Alternate Unofficial Names for Minnesota Lake: City of Minnesota Lake.
|Population in Households||740|
|Population in Familes||585|
|Population in Group Qrtrs||1|
|Average Household Size||2.31|
|Average Family Size||3|
|Total Housing Units||332 (100%)|
|Owner Occupied HU||265 (79.8%)|
|Renter Occupied HU||57 (17.2%)|
|Vacant Housing Units||11 ( 3.3%)|
|Median Home Value||$102,308|
|Average Home Value||$121,307|
|Median Household Income||$48,421|
|Average Household Income||$66,634|
|Per Capita Income||$29,123|
|(Compound Annual Growth Rates)|
|Median Household Income||1.9%|
|Per Capita Income||2.12%|
The table below compares Minnesota Lake to the other 905 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2016 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.
|Total Population||# 419||54th|
|Population Density1||# 526||42nd|
|Diversity Index2||# 676||26th|
|Median Household Income||# 590||35th|
|Per Capita Income||# 336||63rd|
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.