Also See Lake Park, MN: ZIP Codes & Maps
The City of Lake Park had a population of 739 as of July 1, 2023.
The primary coordinate point for Lake Park is located at latitude 46.8863 and longitude -96.0945 in Becker County. The formal boundaries for the City of Lake Park encompass a land area of 0.97 sq. miles and a water area of 0 sq. miles. Becker County is in the Central time zone (GMT -6).
The City of Lake Park 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.
POPULATION | |
---|---|
Total Population | 739 (100%) |
Population in Households | 739 (100.0%) |
Population in Families | 581 (78.6%) |
Population in Group Quarters1 | 0 |
Population Density | 776 |
Diversity Index2 | 27 |
INCOME | |
Median Household Income | $65,673 |
Average Household Income | $86,986 |
% of Income for Mortgage4 | 15% |
Per Capita Income | $36,136 |
Wealth Index5 | 68 |
Socioeconomic Status Index6 | Moderate (58.7) |
HOUSING | |
---|---|
Total HU (Housing Units) | 338 (100%) |
Owner Occupied HU | 240 (71.0%) |
Renter Occupied HU | 67 (19.8%) |
Vacant Housing Units | 31 ( 9.2%) |
Median Home Value | $164,815 |
Average Home Value | $210,833 |
Housing Affordability Index3 | 168 |
HOUSEHOLDS | |
Total Households | 307 |
Average Household Size | 2.41 |
Family Households | 194 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 0.46% | -0.27% |
Households | -0.20% | -0.13% |
Families | -0.21% | |
Median Household Income | 2.11% | |
Per Capita Income | 2.11% | |
Owner Occupied HU | 0.33% |
The table below compares Lake Park to the other 914 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2023 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 | # 410 | 55th |
Population Density | # 366 | 60th |
Median Household Income | # 534 | 42nd |
Housing Affordability Index | # 767 | 84th |
Per Capita Income | # 577 | 37th |
Diversity Index | # 300 | 67th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.
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