The Lakes, MN Profile: Facts, Map & Data

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The Lakes, Minnesota - Basic Facts

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The The Lakes Census Designated Place had a population of 631 as of July 1, 2017. The Lakes 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 The Lakes is located at latitude 44.1049 and longitude -95.6702 in Murray County. The formal boundaries for the The Lakes Census Designated Place (see map below) encompass a land area of 33.72 sq. miles and a water area of 9.73 sq. miles. Murray County is in the Central time zone (GMT -6). The elevation is 1,509 feet.

The The Lakes Census Designated Place (GNIS ID: 2393255) 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 The Lakes Census Designated Place is located within Township of Murray, a minor civil division (MCD) of Murray County.

Beneath the boundary map are tables with The Lakes population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2017.


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The Lakes Census Designated Place, MN Boundary Map



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Boundary Maps: Township of Murray | Murray County | Minnesota Counties

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

POPULATION

Total Population 631
Daytime Population: Workers 137
Daytime Population: Residents 292
Total Daytime Population (TDP) 429
Ratio TDP/Total Population1 0.68
Population in Households 631
Population in Familes 511
Population in Group Qrtrs 0
Population Density2 19
Diversity Index3 5
 

INCOME

Median Household Income $56,928
Average Household Income $78,489
Per Capita Income $35,306

HOUSING

Total Housing Units 780 (100%)
Owner Occupied HU 268 (34.4%)
Renter Occupied HU 29 ( 3.7%)
Vacant Housing Units 484 (62.1%)
Median Home Value $199,375
Average Home Value $238,569
 

HOUSEHOLDS

Total Households 296
Average Household Size 2.13
Family Households 203
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.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population -0.76% -0.9%
Households -0.81% -0.89%
Families -1.65% -0.9%
Median Household Income   6.5%
Per Capita Income   3.82%

The Lakes, MN - Peer Comparisons by Rank and Percentile

The table below compares The Lakes 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 # 460 49th
Population Density # 897 1st
Diversity Index # 854 6th
Median Household Income # 389 57th
Per Capita Income # 146 84th

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

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