Lake Benton, MN Profile: Facts, Map & Data

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Lake Benton, Minnesota - Basic Facts

The City of Lake Benton had a population of 656 as of July 1, 2017. Lake Benton ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Minnesota. See peer rankings below.

The primary coordinate point for Lake Benton is located at latitude 44.2622 and longitude -96.2993 in Lincoln County. The formal boundaries for the City of Lake Benton (see map below) encompass a land area of 3.78 sq. miles and a water area of 0.84 sq. miles. Lincoln County is in the Central time zone (GMT -6). The elevation is 1,762 feet.

The City of Lake Benton (GNIS ID: 2395586) 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 Benton 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 Benton: City of Lake Benton.


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City of Lake Benton, MN Boundary Map



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

POPULATION

Total Population 656
Daytime Population: Workers 338
Daytime Population: Residents 274
Total Daytime Population (TDP) 612
Ratio TDP/Total Population1 0.93
Population in Households 656
Population in Familes 503
Population in Group Qrtrs 0
Population Density2 174
Diversity Index3 13
 

INCOME

Median Household Income $46,562
Average Household Income $67,598
Per Capita Income $31,117

HOUSING

Total Housing Units 391 (100%)
Owner Occupied HU 250 (63.9%)
Renter Occupied HU 75 (19.2%)
Vacant Housing Units 65 (16.6%)
Median Home Value $95,000
Average Home Value $134,163
 

HOUSEHOLDS

Total Households 326
Average Household Size 2.01
Family Households 192
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 -0.55% -0.49%
Households -0.5% -0.43%
Families 1.13% -0.53%
Median Household Income   3.76%
Per Capita Income   4.39%

Lake Benton, MN - Peer Comparisons by Rank and Percentile

The table below compares Lake Benton 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 # 447 51st
Population Density # 721 20th
Diversity Index # 462 49th
Median Household Income # 675 26th
Per Capita Income # 306 66th

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

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