HomeMinnesotaMurray CountyThe Lakes CDP
The Lakes CDP, Minnesota: commercial real estate data.
The Lakes CDP is a Census CDP of 594 people across 33.70 square miles of land, in Murray County. Median household income is $87,969, 92.7 percent of occupied homes are owned.
48 sourced place values · tier FULL · 6 sections
The Lakes
What The Lakes is
- Census place typeCDP
- Land area33.7 sq mi
- Water area9.76 sq mi
- Population per square mile of land18
- County holding the largest share of its areaMurray 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.
The Lakes
How many people live in The Lakes
- Population594
- Median age62.7
- Population under 1863 plus or minus 24
- Share under 1810.6 percent plus or minus 3.9
- Population 65 and over268
- Share 65 and over45.1 percent
- Households313
- Family households209
- Share of households that are families66.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
The Lakes
Income and work in The Lakes
- Median household income$87,969
- Per capita income$57,962
- Civilian labor force294
- Employed290
- Unemployed4 plus or minus 3
- Unemployment rate1.4 percent plus or minus 1.0
- Adults 25 and over513
- Adults 25 and over with a high school diploma or higher99.6 percent
- Adults 25 and over with a bachelor degree or higher28.3 percent
- Adults 25 and over with a graduate degree9.0 percent plus or minus 2.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
The Lakes
Housing in The Lakes
- Housing units783
- Occupied units313
- Vacant units470
- Vacancy rate60.0 percent
- Owner occupied290
- Renter occupied23 plus or minus 15
- Ownership rate92.7 percent
- Median owner-occupied home value$397,100
- Single family units714
- Share single family91.2 percent
- Units in buildings of two or more23 plus or minus 30
- Share in buildings of two or more2.9 percent plus or minus 3.9
- Mobile homes46 plus or minus 23
- Median year structure built1983
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
The Lakes
How The Lakes gets to work
- Workers 16 and over who commute226
- Commuting under 15 minutes45 plus or minus 16
- Share commuting under 15 minutes19.9 percent plus or minus 5.8
- Commuting 30 minutes or more111 plus or minus 29
- Share commuting 30 minutes or more49.1 percent
- Drove alone68.8 percent
- Carpooled5.4 percent plus or minus 2.0
- Public transport0.0 percent
- Walked2.5 percent plus or minus 1.8
- Worked from home18.1 percent plus or minus 4.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Murray County, not The Lakes
Murray County context, not The Lakes figures
These are Murray County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as The Lakes measurements.
- Establishments in Murray County269
- Employment at those establishments, Murray County2,175
- Covered employment, Murray County2,914
- Average annual pay, Murray County$49,046
- Average weekly wage, Murray County$943
- Housing units permitted, Murray County22
- Of those, single family, Murray County22
- County product, 2024, Murray County$721,457,000
- County product change over the prior year, Murray County9.9 percent
- Average income of an arriving household, Murray County$60,806
Every figure in this section is published for Murray County as a whole and is not a measurement of The Lakes. 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.
- No median gross rent is published for this place.
- 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
The Lakes questions, answered from the record.
How many people live in The Lakes, Minnesota?
594, in 313 households. The Lakes CDP covers 33.70 square miles of land, which is 18 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is The Lakes in?
Murray 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 The Lakes?
$87,969. The median owner-occupied home is valued at $397,100. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page The Lakes figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Murray 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 The Lakes.
Is zoning published for The Lakes?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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