HomeMinnesotaRamsey CountyGem Lake
Gem Lake, Minnesota: commercial real estate data.
Gem Lake is a Census city of 483 people across 1.04 square miles of land, in Ramsey County. Median household income is $124,583, 87.1 percent of occupied homes are owned.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Gem Lake
What Gem Lake is
- Census place typecity
- Land area1.04 sq mi
- Water area0.06 sq mi
- Population per square mile of land462 plus or minus 100
- County holding the largest share of its areaRamsey 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.
Gem Lake
How many people live in Gem Lake
- Population483 plus or minus 105
- Median age57.3 plus or minus 14.5
- Population under 18103 plus or minus 32
- Share under 1821.3 percent plus or minus 4.9
- Population 65 and over135 plus or minus 35
- Share 65 and over28.0 percent
- Households194 plus or minus 43
- Family households157 plus or minus 39
- Share of households that are families80.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gem Lake
Income and work in Gem Lake
- Median household income$124,583 plus or minus $29,668
- Per capita income$69,953 plus or minus $14,950
- Civilian labor force216 plus or minus 60
- Employed215 plus or minus 60
- Unemployed1 plus or minus 2
- Unemployment rate0.5 percent plus or minus 0.9
- Adults 25 and over344 plus or minus 73
- Adults 25 and over with a high school diploma or higher100.0 percent plus or minus 28.5
- Adults 25 and over with a bachelor degree or higher50.9 percent
- Adults 25 and over with a graduate degree22.1 percent plus or minus 5.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gem Lake
Housing in Gem Lake
- Housing units204 plus or minus 45
- Occupied units194 plus or minus 43
- Vacant units10 plus or minus 16
- Vacancy rate4.9 percent plus or minus 7.8
- Owner occupied169 plus or minus 43
- Renter occupied25 plus or minus 20
- Ownership rate87.1 percent
- Median owner-occupied home value$568,900
- Median gross rent, monthly$1,800 plus or minus $716
- Annual rent as a share of median income17.3 percent plus or minus 8.0
- Single family units197 plus or minus 45
- Share single family96.6 percent
- Units in buildings of two or more7 plus or minus 16
- Share in buildings of two or more3.4 percent plus or minus 7.6
- Mobile homes0
- Median year structure built1976
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gem Lake
How Gem Lake gets to work
- Workers 16 and over who commute143 plus or minus 49
- Commuting under 15 minutes43 plus or minus 18
- Share commuting under 15 minutes30.1 percent plus or minus 6.8
- Commuting 30 minutes or more31 plus or minus 19
- Share commuting 30 minutes or more21.7 percent plus or minus 11.4
- Drove alone59.2 percent plus or minus 15.2
- Carpooled4.2 percent plus or minus 6.0
- Public transport1.4 percent plus or minus 2.3
- Walked2.3 percent plus or minus 2.3
- Worked from home32.9 percent plus or minus 10.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Gem Lake
SBA loans in Gem Lake (504)
- Approvals2
- Gross approval$1,099,000
- Average approval$549,500
- Median approval$549,500
- Largest approval$608,000
- Jobs supported12
- Loans with a final outcome0
- Charged off0
- Median term270 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Gem Lake, 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.
Gem Lake
Flood risk in Gem Lake
- NFIP communityCity of Gem Lake
- NFIP community number275298
- Participating in the NFIPYes
- Community Rating System classNone
The City of Gem Lake participates in the National Flood Insurance Program as community 275298 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.
Ramsey County, not Gem Lake
Ramsey County context, not Gem Lake figures
- Establishments in Ramsey County13,677
- Covered employment, Ramsey County325,226
- Average annual pay, Ramsey County$77,908
- Housing units permitted, Ramsey County1,084
Every figure in this section is published for Ramsey County as a whole and is not a measurement of Gem Lake.
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
Gem Lake questions, answered from the record.
How many people live in Gem Lake, Minnesota?
483, in 194 households. Gem Lake city covers 1.04 square miles of land, which is 462 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Gem Lake in?
Ramsey 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 Gem Lake?
$124,583. The median owner-occupied home is valued at $568,900. Median gross rent is $1,800 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Is Gem Lake in the National Flood Insurance Program?
Yes. Gem Lake appears in the FEMA Community Status Book as Gem Lake, city of, community 275298, 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 Gem Lake figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Ramsey 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 Gem Lake.
Is zoning published for Gem Lake?
No. Nothing on this page presents parcel level zoning.