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The total population of Lake Benton is estimated to be 658 with 289 males (43.92%) and 369 females (56.08%). There are 80 more females than males in Lake Benton.
The median household income in Lake Benton was $57,018 in 2021, which marked an an increase of 4,284(8.12%) from $52,734 in 2020. This income is 76.43% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lake Benton sees its highest median household income among householders in the age group of 25 to 44 years old, at $90,526. Overall, the median household income for the city of Lake Benton stands at $57,018.
In Lake Benton, the median income for all workers aged 15 years and older, regardless of work hours, was $46,553 for males and $24,996 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $55,172 for males and $54,721 for females.
In Lake Benton, population is primarily represented by White households, reporting a median income of $57,559.
In 2022, the population of Lake Benton was 677, a 0.00% decrease year-by-year from 2021. Previously, in 2021, Lake Benton's population was 677, a decline of 1.31% compared to a population of 686 in 2020.
The median age in Lake Benton, MN is 46.9, as per 2021 ACS 5-Year Estimates. Of the total population, 19.02% were under the age of 15, 15.90% aged 15 to 29, 36.26% aged 30 to 64, 22.14% aged 65 to 84, and 6.69% were 85 years of age and older.
Racial distribution of Lake Benton population: 96.14% are White, 0.30% are some other race and 3.57% are multiracial.