The City of Minnesota Lake had a population of 727 as of July 1, 2018.
The primary coordinate point for Minnesota Lake is located at latitude 43.8427 and longitude -93.828 in Faribault County. The formal boundaries for the City of Minnesota Lake (see map below) encompass a land area of 1.66 sq. miles and a water area of 0.51 sq. miles. Faribault County is in the Central time zone (GMT -6). The elevation is 1,043 feet.
The City of Minnesota Lake (GNIS ID: 2395349) 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.
Alternate Unofficial Names for Minnesota Lake: City of Minnesota Lake.
|Population in Households||727|
|Population in Familes||569|
|Population in Group Qrtrs||0|
|Median Household Income||$53,508|
|Average Household Income||$72,323|
|Per Capita Income||$31,424|
|Total Housing Units||350 (100%)|
|Owner Occupied HU||251 (71.7%)|
|Renter Occupied HU||61 (17.4%)|
|Vacant Housing Units||38 (10.9%)|
|Median Home Value||$106,557|
|Average Home Value||$124,901|
|Average Household Size||2.33|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||1.18%|
|Per Capita Income||2.53%|
The table below compares Minnesota Lake to the other 905 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2018 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||# 425||53rd|
|Population Density||# 538||41st|
|Diversity Index||# 638||29th|
|Median Household Income||# 533||41st|
|Per Capita Income||# 343||62nd|
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.