HomeMinnesotaFaribault CountyMinnesota Lake city
Minnesota Lake city, Minnesota: commercial real estate data.
Minnesota Lake city is a Census city of 687 people across 1.62 square miles of land, lying across Faribault County and Blue Earth County. Median household income is $68,750, 76.9 percent of occupied homes are owned.
51 sourced place values · tier FULL · 6 sections
Minnesota Lake
What Minnesota Lake is
- Census place typecity
- Land area1.62 sq mi
- Water area0.51 sq mi
- Population per square mile of land424
- County holding the largest share of its areaFaribault County, 96.2 percent
- Counties this place lies inFaribault County 96.2 percent, Blue Earth County 3.8 percent
Minnesota Lake city crosses a county line. The split above is measured from the Census boundary of the place against the county boundaries, by area, so it says where the ground is and not where the town hall is.
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Minnesota Lake
How many people live in Minnesota Lake
- Population687
- Median age41.2
- Population under 18152 plus or minus 39
- Share under 1822.1 percent plus or minus 4.6
- Population 65 and over129 plus or minus 26
- Share 65 and over18.8 percent
- Households308
- Family households182 plus or minus 38
- Share of households that are families59.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Minnesota Lake
Income and work in Minnesota Lake
- Median household income$68,750
- Per capita income$38,130
- Civilian labor force374
- Employed364
- Unemployed10 plus or minus 10
- Unemployment rate2.7 percent plus or minus 2.6
- Adults 25 and over477
- Adults 25 and over with a high school diploma or higher93.3 percent plus or minus 19.4
- Adults 25 and over with a bachelor degree or higher21.2 percent plus or minus 5.6
- Adults 25 and over with a graduate degree3.8 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Minnesota Lake
Housing in Minnesota Lake
- Housing units315
- Occupied units308
- Vacant units7 plus or minus 7
- Vacancy rate2.2 percent plus or minus 2.2
- Owner occupied237
- Renter occupied71 plus or minus 25
- Ownership rate76.9 percent
- Median owner-occupied home value$158,100
- Median gross rent, monthly$1,015 plus or minus $416
- Annual rent as a share of median income17.7 percent plus or minus 7.3
- Single family units294
- Share single family93.3 percent plus or minus 21.7
- Units in buildings of two or more21 plus or minus 14
- Share in buildings of two or more6.7 percent plus or minus 4.3
- Mobile homes0
- Median year structure built1966
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Minnesota Lake
How Minnesota Lake gets to work
- Workers 16 and over who commute315
- Commuting under 15 minutes96 plus or minus 25
- Share commuting under 15 minutes30.5 percent
- Commuting 30 minutes or more166 plus or minus 41
- Share commuting 30 minutes or more52.7 percent
- Drove alone77.4 percent
- Carpooled12.5 percent plus or minus 7.2
- Public transport0.0 percent
- Walked1.4 percent plus or minus 1.4
- Worked from home8.7 percent plus or minus 5.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Faribault County, not Minnesota Lake
Faribault County context, not Minnesota Lake figures
These are Faribault County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Minnesota Lake measurements.
- Establishments in Faribault County379
- Employment at those establishments, Faribault County3,758
- Covered employment, Faribault County4,549
- Average annual pay, Faribault County$51,879
- Average weekly wage, Faribault County$998
- Housing units permitted, Faribault County8
- Of those, single family, Faribault County8
- County product, 2024, Faribault County$788,396,000
- County product change over the prior year, Faribault County8.3 percent
- Average income of an arriving household, Faribault County$45,677
Every figure in this section is published for Faribault County as a whole and is not a measurement of Minnesota Lake. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No SBA approvals are recorded to a borrower address in this place in either FOIA release.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Minnesota Lake questions, answered from the record.
How many people live in Minnesota Lake, Minnesota?
687, in 308 households. Minnesota Lake city covers 1.62 square miles of land, which is 424 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Minnesota Lake in?
Minnesota Lake lies in more than one. By area it is 96.2 percent in Faribault County, 3.8 percent in Blue Earth County. This page sits under Faribault County because that county holds the largest share. The split is measured from the Census boundary of the place against the county boundaries.
What is the median household income in Minnesota Lake?
$68,750. The median owner-occupied home is valued at $158,100. Median gross rent is $1,015 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page Minnesota Lake figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Faribault 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 Minnesota Lake.
Is zoning published for Minnesota Lake?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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