Finland, MN Profile: Facts, Map & Data

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Finland, Minnesota - Basic Facts

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The Finland Census Designated Place had a population of 192 as of July 1, 2017. Finland ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Minnesota. See peer rankings below.

The primary coordinate point for Finland is located at latitude 47.4321 and longitude -91.256 in Lake County. The formal boundaries for the Finland Census Designated Place (see map below) encompass a land area of 5.33 sq. miles and a water area of 0.02 sq. miles. Lake County is in the Central time zone (GMT -6). The elevation is 1,329 feet.

The Finland Census Designated Place (GNIS ID: 2628677) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Finland Census Designated Place is located within Township of Crystal Bay, a minor civil division (MCD) of Lake County.

Beneath the boundary map are tables with Finland 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 Finland: Findland.


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Finland Census Designated Place, MN Boundary Map



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Boundary Maps: Township of Crystal Bay | Lake County | Minnesota Counties

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

POPULATION

Total Population 192
Daytime Population: Workers 45
Daytime Population: Residents 97
Total Daytime Population (TDP) 142
Ratio TDP/Total Population1 0.74
Population in Households 189
Population in Familes 146
Population in Group Qrtrs 3
Population Density2 36
Diversity Index3 7
 

INCOME

Median Household Income $52,603
Average Household Income $70,520
Per Capita Income $32,391

HOUSING

Total Housing Units 134 (100%)
Owner Occupied HU 84 (62.7%)
Renter Occupied HU 9 ( 6.7%)
Vacant Housing Units 41 (30.6%)
Median Home Value $205,556
Average Home Value $255,655
 

HOUSEHOLDS

Total Households 93
Average Household Size 2.03
Family Households 60
Average Family Size 2
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 -0.21% -0.42%
Households -0.29% -0.43%
Families 0.0% -0.34%
Median Household Income   2.62%
Per Capita Income   3.6%

Finland, MN - Peer Comparisons by Rank and Percentile

The table below compares Finland 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 # 700 23rd
Population Density # 878 3rd
Diversity Index # 767 16th
Median Household Income # 524 42nd
Per Capita Income # 242 73rd

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

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