Lake Edward, Minnesota Population 2024

2,220

Lake Edward is a city located in Minnesota. Lake Edward has a 2024 population of 2,220. Lake Edward is currently growing at a rate of 1.05% annually and its population has increased by 5.01% since the most recent census, which recorded a population of 2,114 in 2020.

The average household income in Lake Edward is $89,028 with a poverty rate of 6.29%. The median age in Lake Edward is 54.2 years: 53.7 years for males, and 55.3 years for females.

Lake Edward Demographics

According to the most recent ACS, the racial composition of Lake Edward was:

  • White: 95.62%
  • Two or more races: 3.56%
  • Native American: 0.54%
  • Asian: 0.27%
  • Black or African American: 0%
  • Native Hawaiian or Pacific Islander: 0%
  • Other race: 0%
Land Area (mi²)
25.4 sq mi
Density (mi²)
87.60/sq mi
Growth Since 2020
5.01% (106)
The current population of Lake Edward, Minnesota is 2,220 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 2,114.

Population by Race

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Race
Population
Percentage (of total)
White2,11995.62%
Two or more races793.56%
Native American120.54%
Asian60.27%
Black or African American00%
Native Hawaiian or Pacific Islander00%
Other race00%

White

Two or more races

Native American

Asian

Black or African American

Native Hawaiian or Pacific Islander

Other race

Lake Edward Population by Race

Lake Edward Population Pyramid 2024

Lake Edward Median Age

54.2

Total

53.7

Male

55.3

Female

Lake Edward Adults

There are 1,918 adults, (688 of whom are seniors) in Lake Edward.

Lake Edward Age Dependency

80.2

Age Dependency Ratio

55.9

Old Age Dependency Ratio

24.2

Child Dependency Ratio

Lake Edward Sex Ratio

Female1,03946.89%
Male1,17753.11%

Lake Edward Population by Age

Lake Edward Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All9552.3296.43.6
Married6312.6198.71.3
Non Family2841.3790.89.2
Female344.851000
Male62.331000

2.68

Average Family Size

2.32

Average Household Size

96.4%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Lake Edward Households and Families

Male

Female

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Education Attained
Count
Percentage
9th to 12th Grade894.94%
Associates Degree29816.56%
Bachelors Degree32217.89%
Graduate Degree1629%
High School Graduate54130.06%
Less Than 9th Grade00%
Some College38821.56%

Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Lake Edward Educational Attainment by Sex (over 25)

Lake Edward Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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Race
Total
High School
Bachelors
White1,7411,652464
2+ Races424212
Hispanic29292
Asian666

The highest rate of high school graduation is among asian people with a rate of 100%.

The highest rate of bachelors degrees is among asian people with a rate of 100%.

Lake Edward Educational Attainment by Race

All

Male

Female

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Name
Average
Male
Female
Bachelors Degree$82,708$100,781$46,985
Graduate Degree$47,067$46,394$67,500
High School Graduate$18,250$19,313$16,250
Less Than 9th Grade$24,615$23,654$0
Overall$42,961$50,368$33,641
Some College$43,194$58,500$32,016

$42,961

Average Earnings

$50,368

Average Male

$33,641

Average Female

Lake Edward Earnings by Educational Attainment

Lake Edward Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Lake Edward Language

96.94% of Lake Edward residents speak only English, while 3.06% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 2.74% of the population.

Lake Edward Language

Lake Edward Poverty by Race

rate

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Name
Total
In Poverty
Poverty Rate
White2,0931306.21%
Multiple79911.39%

6.29%

Overall Poverty Rate

6.8%

Male Poverty Rate

5.71%

Female Poverty Rate

Poverty in Lake Edward

The race most likely to be in poverty in Lake Edward is Multiple, with 11.39% below the poverty level.

The race least likely to be in poverty in Lake Edward is White, with 6.21% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 2.47%. Among those working part-time, it was 6.05%, and for those that did not work, the poverty rate was 7.39%.

Lake Edward Poverty

rate

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Rate
Poverty
High School14.23%
Bachelors or Greater3.31%
Some College1.9%
Less Than 9th Grade0%

Lake Edward Poverty Rate by Education

rate

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Rate
Poverty
Male Unemployed35.29%
Female Employed4.31%
Male Employed2.43%
Female Unemployed0%

Lake Edward Poverty Rate by Employment Status and Sex

Lake Edward Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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Name
Median
Mean
Families$88,021$98,530
Households$78,750$89,028
Married Families$90,528$-999,999,999
Non Families$58,452$63,888

mean

median

Income by Household Type

Lake Edward Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

66.5%

Overall Marriage Rate

65.9%

Male Marriage Rate

67.2%

Female Marriage Rate

Lake Edward Married by Age and Sex

male

female

Lake Edward Marriage

The age group where males are most likely to be married is Over 65, while the female age group most likely to be married is 55-64.

Lake Edward Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Lake Edward Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

211

Number of Veterans

207

Male Veterans

4

Female Veterans

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War
Veterans
Vietnam100
Second Gulf War24
First Gulf War24
Korea5
World War II0

Lake Edward Veterans by War

count

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Age Group
Veterans
55 to 6469
65 to 7457
75+42
35 to 5424
18 to 3419

Lake Edward Veterans by Age

count

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Name
Veterans
% of Total
White21111.36%

Lake Edward Veterans by Race

Lake Edward Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

6.16%

Veteran Poverty Rate

26.54%

Veteran Disability Rate

Lake Edward Veterans by Education

LaborForceParticipation

60.3%

Labor Force Participation

56.6%

Employment Rate

6.3%

Unemployment Rate

Lake Edward Employment by Age

LaborForceParticipation

Lake Edward Employment by Race

LaborForceParticipation

Lake Edward Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

81%

Born in Lake Edward

97.16%

Native Born

2.84%

Foreign Born

1.31%

Non Citizen

1.53%

Naturalized

Place of Birth

97.16% of Lake Edward residents were born in the United States, with 81% having been born in Minnesota. 1.31% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.

Lake Edward Place of Birth

Note: data after 2022 is projected based on recent change

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Year
Population
Growth
Growth Rate
20292,335230.99%
20282,312231%
20272,289231.02%
20262,266231.03%
20252,243231.04%
20242,220231.05%
20232,197231.06%
20222,174231.07%
20212,151371.75%
20202,114-92-4.17%
20192,20660.27%
20182,200291.34%
20172,171120.56%
20162,159160.75%
20152,14380.37%
20142,135100.47%
20132,12590.43%
20122,11690.43%
20112,10790.43%
20102,09800%

Lake Edward Population by Year