The City of Balaton had a population of 666 as of July 1, 2017.
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, 2017.
Alternate Unofficial Names for Balaton: City of Balaton.
|Daytime Population: Workers||203|
|Daytime Population: Residents||308|
|Total Daytime Population (TDP)||511|
|Ratio TDP/Total Population1||0.77|
|Population in Households||655|
|Population in Familes||518|
|Population in Group Qrtrs||11|
|Median Household Income||$44,970|
|Average Household Income||$56,860|
|Per Capita Income||$23,954|
|Total Housing Units||316 (100%)|
|Owner Occupied HU||228 (72.2%)|
|Renter Occupied HU||54 (17.1%)|
|Vacant Housing Units||34 (10.8%)|
|Median Home Value||$85,345|
|Average Home Value||$119,978|
|Average Household Size||2.32|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||3.18%|
|Per Capita Income||3.89%|
The table below compares Balaton 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.
|Total Population||# 444||51st|
|Population Density||# 519||43rd|
|Diversity Index||# 632||30th|
|Median Household Income||# 709||22nd|
|Per Capita Income||# 769||15th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.