Moose Lake, MN Profile: Facts & Data

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Moose Lake, Minnesota - Basic Facts

The City of Moose Lake had a population of 2,744 as of July 1, 2023. Moose Lake ranks in the upper quartile for 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 Moose Lake is located at latitude 46.4541 and longitude -92.7619 in Carlton County. The formal boundaries for the City of Moose Lake encompass a land area of 3.27 sq. miles and a water area of 0.39 sq. miles. Carlton County is in the Central time zone (GMT -6).

The City of Moose Lake 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.


Jump to... (On This Page!)
  1. Moose Lake 2023 Demographic Data
  2. Growth Rates for Moose Lake (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Minnesota Research Tools (Easy Tools & Current Data)
  3. Minnesota Data Comparison Tool - 2023 Demographics
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Moose Lake, MN Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 2,744 (100%)
Population in Households 1,185 (43.2%)
Population in Families 761 (27.7%)
Population in Group Quarters1 1,559 (56.8%)
Population Density 837
Diversity Index2 46
 
 

INCOME

Median Household Income $55,378
Average Household Income $74,910
% of Income for Mortgage4 23%
Per Capita Income $16,495
Wealth Index5 53
Socioeconomic Status Index6 Moderate (46.1)
 

HOUSING

Total HU (Housing Units) 665 (100%)
Owner Occupied HU 428 (64.4%)
Renter Occupied HU 174 (26.2%)
Vacant Housing Units 63 ( 9.5%)
Median Home Value $215,686
Average Home Value $223,364
Housing Affordability Index3 101
 

HOUSEHOLDS

Total Households 602
Average Household Size 1.97
Family Households 259
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. 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 races 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.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -0.50% -0.15%
Households 0.10% -0.23%
Families   -0.23%
Median Household Income   2.05%
Per Capita Income   2.13%
Owner Occupied HU   0.09%

Moose Lake, MN - Peer Comparisons by Rank and Percentile

The table below compares Moose Lake 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 # 221 76th
Population Density # 331 64th
Median Household Income # 761 17th
Housing Affordability Index # 372 41st
Per Capita Income # 907 1st
Diversity Index # 123 87th

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

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