HomeMinnesotaCass CountyLake Shore
Lake Shore, Minnesota: commercial real estate data.
Lake Shore is a Census city of 1,073 people across 12.68 square miles of land, in Cass County. Median household income is $96,563, 93.6 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $417,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Lake Shore
What Lake Shore is
- Census place typecity
- Land area12.68 sq mi
- Water area3.32 sq mi
- Population per square mile of land85
- County holding the largest share of its areaCass County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Shore
How many people live in Lake Shore
- Population1,073
- Median age54.7
- Population under 18202 plus or minus 41
- Share under 1818.8 percent
- Population 65 and over341
- Share 65 and over31.8 percent
- Households486
- Family households349
- Share of households that are families71.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Shore
Income and work in Lake Shore
- Median household income$96,563
- Per capita income$63,843
- Civilian labor force512
- Employed504
- Unemployed8 plus or minus 7
- Unemployment rate1.6 percent plus or minus 1.3
- Adults 25 and over854
- Adults 25 and over with a high school diploma or higher97.1 percent
- Adults 25 and over with a bachelor degree or higher41.3 percent
- Adults 25 and over with a graduate degree11.7 percent plus or minus 3.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Shore
Housing in Lake Shore
- Housing units1,035
- Occupied units486
- Vacant units549
- Vacancy rate53.0 percent
- Owner occupied455
- Renter occupied31 plus or minus 21
- Ownership rate93.6 percent
- Median owner-occupied home value$513,200
- Single family units981
- Share single family94.8 percent
- Units in buildings of two or more34 plus or minus 27
- Share in buildings of two or more3.3 percent plus or minus 2.6
- Mobile homes20 plus or minus 19
- Median year structure built1995
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Shore
How Lake Shore gets to work
- Workers 16 and over who commute403
- Commuting under 15 minutes109 plus or minus 31
- Share commuting under 15 minutes27.0 percent plus or minus 5.9
- Commuting 30 minutes or more127 plus or minus 39
- Share commuting 30 minutes or more31.5 percent plus or minus 7.7
- Drove alone69.2 percent
- Carpooled9.5 percent plus or minus 4.2
- Public transport0.0 percent
- Walked2.0 percent plus or minus 2.2
- Worked from home18.8 percent plus or minus 5.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Shore
SBA loans in Lake Shore (7(a))
- Approvals2
- Gross approval$417,000
- Average approval$208,500
- Median approval$208,500
- Largest approval$336,000
- Jobs supported8
- Jobs per approval4.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term102 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
Counted by borrower city: approvals to borrowers whose address is in Lake Shore, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lake Shore
SBA loans in Lake Shore (504)
- Approvals1
- Gross approval$136,000
- Average approval$136,000
- Median approval$136,000
- Largest approval$136,000
- Jobs supported3
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Lake Shore, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Lake Shore
Flood risk in Lake Shore
- NFIP communityCity of Lake Shore
- NFIP community number270062
- Participating in the NFIPYes
- Community Rating System classNone
The City of Lake Shore participates in the National Flood Insurance Program as community 270062 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Cass County, not Lake Shore
Cass County context, not Lake Shore figures
- Establishments in Cass County891
- Covered employment, Cass County10,661
- Average annual pay, Cass County$43,904
- Housing units permitted, Cass County294
Every figure in this section is published for Cass County as a whole and is not a measurement of Lake Shore.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Lake Shore questions, answered from the record.
How many people live in Lake Shore, Minnesota?
1,073, in 486 households. Lake Shore city covers 12.68 square miles of land, which is 85 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lake Shore in?
Cass County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Lake Shore?
$96,563. The median owner-occupied home is valued at $513,200. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lake Shore businesses?
2 7(a) approvals totaling $417,000 since FY2020, across 2 lenders, median approval $208,500, plus 1 504 approvals worth $136,000 since FY2010. These count approvals to borrowers whose address is in Lake Shore, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lake Shore borrowers get paid back?
No rate is published for Lake Shore. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Lake Shore in the National Flood Insurance Program?
Yes. Lake Shore appears in the FEMA Community Status Book as Lake Shore, city of, community 270062, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Lake Shore figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Cass County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lake Shore.
Is zoning published for Lake Shore?
No. Nothing on this page presents parcel level zoning.