The The Lakes Census Designated Place had a population of 642 as of July 1, 2018. 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.
|Population in Households||642|
|Population in Familes||517|
|Population in Group Qrtrs||0|
|Median Household Income||$57,336|
|Average Household Income||$77,520|
|Per Capita Income||$34,735|
|Total Housing Units||790 (100%)|
|Owner Occupied HU||272 (34.4%)|
|Renter Occupied HU||29 ( 3.7%)|
|Vacant Housing Units||489 (61.9%)|
|Median Home Value||$222,826|
|Average Home Value||$243,934|
|Average Household Size||2.13|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||2.18%|
|Per Capita Income||2.29%|
The table below compares The Lakes 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||# 461||49th|
|Population Density||# 896||1st|
|Diversity Index||# 854||6th|
|Median Household Income||# 417||54th|
|Per Capita Income||# 198||78th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.