Lake is a city located in Minnesota. Lake has a 2024 population of 2,036. Lake is currently growing at a rate of 0.84% annually and its population has increased by 2.93% since the most recent census, which recorded a population of 1,978 in 2020.
The average household income in Lake is $86,527 with a poverty rate of 6.35%. The median age in Lake is 49.9 years: 50.6 years for males, and 48.6 years for females.
According to the most recent ACS, the racial composition of Lake was:
White
Asian
Native American
Two or more races
Black or African American
Native Hawaiian or Pacific Islander
Other race
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 670 | 2.45 | 94.2 | 5.8 |
| Married | 409 | 2.78 | 100 | 0 |
| Non Family | 186 | 1.14 | 91.4 | 8.6 |
| Male | 52 | 4.33 | 100 | 0 |
| Female | 23 | 2.74 | 0 | 100 |
2.93
Average Family Size
2.45
Average Household Size
94.2%
Rate of Home Ownership
Married
Male
Female
NonFamily
owner
renter
Male
Female
Less Than 9th Grade
9th to 12th Grade
High School Graduate
Some College
Associates Degree
Bachelors Degree
Graduate Degree
High School Graduation Rate
Bachelors Rate
The highest rate of high school graduation is among native american people with a rate of 100%.
The highest rate of bachelors degrees is among white people with a rate of 23.71%.
All
Male
Female
$48,702
Average Earnings
$55,625
Average Male
$38,810
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
84.21% of Lake residents speak only English, while 15.79% speak other languages. The non-English language spoken by the largest group is Asian and Pacific Island languages, which is spoken by 15.08% of the population.
rate
6.35%
Overall Poverty Rate
6.81%
Male Poverty Rate
5.74%
Female Poverty Rate
The race most likely to be in poverty in Lake is White, with 7.5% below the poverty level.
The race least likely to be in poverty in Lake is Asian, with 1.52% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 1.02%. Among those working part-time, it was 7.37%, and for those that did not work, the poverty rate was 9.93%.
Married
Widowed
Divorced
Separated
NeverMarried
61.9%
Overall Marriage Rate
55.5%
Male Marriage Rate
70.6%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 55-64.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
0%
Veteran Poverty Rate
77.42%
Veteran Disability Rate
LaborForceParticipation
70.7%
Labor Force Participation
67.5%
Employment Rate
4.4%
Unemployment Rate
LaborForceParticipation
LaborForceParticipation
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.
Europe
Asia
Africa
Oceania
Latin America
North America
63.88%
Born in Lake
89.08%
Native Born
10.92%
Foreign Born
1.71%
Non Citizen
9.21%
Naturalized
89.08% of Lake residents were born in the United States, with 63.88% having been born in Minnesota. 1.71% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.
Year | Population | Growth | Growth Rate |
|---|---|---|---|
| 2029 | 2,121 | 17 | 0.81% |
| 2028 | 2,104 | 17 | 0.81% |
| 2027 | 2,087 | 17 | 0.82% |
| 2026 | 2,070 | 17 | 0.83% |
| 2025 | 2,053 | 17 | 0.83% |
| 2024 | 2,036 | 17 | 0.84% |
| 2023 | 2,019 | 17 | 0.85% |
| 2022 | 2,002 | 17 | 0.86% |
| 2021 | 1,985 | 7 | 0.35% |
| 2020 | 1,978 | -41 | -2.03% |
| 2019 | 2,019 | 12 | 0.6% |
| 2018 | 2,007 | -28 | -1.38% |
| 2017 | 2,035 | -26 | -1.26% |
| 2016 | 2,061 | -4 | -0.19% |
| 2015 | 2,065 | -14 | -0.67% |
| 2014 | 2,079 | 28 | 1.37% |
| 2013 | 2,051 | 5 | 0.24% |
| 2012 | 2,046 | -3 | -0.15% |
| 2011 | 2,049 | -8 | -0.39% |
| 2010 | 2,057 | 0 | 0% |