The City of Balaton had a population of 644 as of July 1, 2016.
The primary coordinate point for Balaton is located at latitude 44.2329 and longitude -95.8711 in Lyon County. The formal boundaries for the City of Balaton (see map below) encompass a land area of 1.45 sq. miles and a water area of 0.13 sq. miles. Lyon County is in the Central time zone (GMT -6). The elevation is 1,542 feet.
The City of Balaton (GNIS ID: 2394053) 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 Balaton 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 Balaton: City of Balaton.
|Population in Households||632|
|Population in Familes||501|
|Population in Group Qrtrs||12|
|Average Household Size||2.33|
|Average Family Size||3|
|Total Housing Units||311 (100%)|
|Owner Occupied HU||220 (70.7%)|
|Renter Occupied HU||51 (16.4%)|
|Vacant Housing Units||40 (12.9%)|
|Median Home Value||$80,952|
|Average Home Value||$109,572|
|Median Household Income||$43,273|
|Average Household Income||$53,555|
|Per Capita Income||$22,440|
|(Compound Annual Growth Rates)|
|Median Household Income||0.84%|
|Per Capita Income||1.19%|
The table below compares Balaton 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||# 450||50th|
|Population Density1||# 528||42nd|
|Diversity Index2||# 656||28th|
|Median Household Income||# 704||22nd|
|Per Capita Income||# 807||11th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.