Lake County MN Information

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Lake County Subdivisions

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

POPULATION

Total Population 10,783
Daytime Population: Workers 4,820
Daytime Population: Residents 5,960
Total Daytime Population (TDP) 10,780
Ratio TDP/Total Population1 1.00
Population in Households 10,559
Population in Familes 8,288
Population in Group Qrtrs 224
Population Density2 5
Diversity Index3 9
 

INCOME

Median Household Income $54,544
Average Household Income $69,151
Per Capita Income $30,708

HOUSING

Total Housing Units 7,873 (100%)
Owner Occupied HU 3,773 (47.9%)
Renter Occupied HU 980 (12.4%)
Vacant Housing Units 3,120 (39.6%)
Median Home Value $168,948
Average Home Value $225,060
 

HOUSEHOLDS

Total Households 4,753
Average Household Size 2.22
Family Households 3,033
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.
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population -0.11% -0.32%
Households -0.21% -0.39%
Families -0.29% -0.47%
Median Household Income   2.33%
Per Capita Income   2.91%

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Lake County MN - Peer Comparisons by Rank and Percentile

The table below compares Lake County to the other 87 counties and county equivalents 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 # 66 25th
Population Density # 83 6th
Diversity Index # 83 5th
Median Household Income # 33 63rd
Per Capita Income # 19 79th

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