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The total population of Minnesota Lake is estimated to be 608 with 312 males (51.32%) and 296 females (48.68%). There are 16 less females than males in Minnesota Lake.
The median household income in Minnesota Lake was $64,704 in 2021, which marked an an increase of 3,798(6.24%) from $60,906 in 2020. This income is 86.73% 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, Minnesota Lake sees its highest median household income among householders in the age group of 45 to 64 years old, at $81,339. Overall, the median household income for the city of Minnesota Lake stands at $64,704.
In Minnesota Lake, the median income for all workers aged 15 years and older, regardless of work hours, was $48,979 for males and $28,533 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,053 for males and $44,588 for females.
In Minnesota Lake, population is primarily represented by White households, reporting a median income of $65,062.
In 2022, the population of Minnesota Lake was 662, a 0.30% increase year-by-year from 2021. Previously, in 2021, Minnesota Lake's population was 660, a decline of 0.15% compared to a population of 661 in 2020.
The median age in Minnesota Lake, MN is 45.3, as per 2021 ACS 5-Year Estimates. Of the total population, 16.00% were under the age of 15, 18.83% aged 15 to 29, 50.33% aged 30 to 64, 12.50% aged 65 to 84, and 2.33% were 85 years of age and older.
Racial distribution of Minnesota Lake population: 97.50% are White and 2.50% are multiracial.