Lake Valley is a city located in Minnesota. Lake Valley has a 2024 population of 206. Lake Valley is currently growing at a rate of 1.48% annually and its population has increased by 2.49% since the most recent census, which recorded a population of 201 in 2020.
The average household income in Lake Valley is $114,007 with a poverty rate of 3.62%. The median age in Lake Valley is 53.9 years: 51.5 years for males, and 58.3 years for females.
According to the most recent ACS, the racial composition of Lake Valley was:
White
Black or African American
Native American
Two or more races
Asian
Native Hawaiian or Pacific Islander
Other race
Household Type | Count | Average Size | Owner | Renter |
|---|---|---|---|---|
| All | 121 | 2.28 | 95.9 | 4.1 |
| Married | 49 | 2.53 | 98 | 2 |
| Non Family | 35 | 0 | 100 | 0 |
| Female | 33 | 3.33 | 87.9 | 12.1 |
| Male | 4 | 1.75 | 100 | 0 |
2.79
Average Family Size
2.28
Average Household Size
95.9%
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 black people with a rate of 100%.
The highest rate of bachelors degrees is among black people with a rate of 100%.
All
Male
Female
$53,125
Average Earnings
$81,500
Average Male
$25,208
Average Female
Only English
Spanish
Other Indo-European Languages
Asian and Pacific Island Languages
Other Languages
95.65% of Lake Valley residents speak only English, while 4.35% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 2.54% of the population.
rate
3.62%
Overall Poverty Rate
5.13%
Male Poverty Rate
1.67%
Female Poverty Rate
The race most likely to be in poverty in Lake Valley is White, with 3.7% below the poverty level.
The race least likely to be in poverty in Lake Valley is White, with 3.7% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 0%. Among those working part-time, it was 4.11%, and for those that did not work, the poverty rate was 12.28%.
Married
Widowed
Divorced
Separated
NeverMarried
39.8%
Overall Marriage Rate
32.0%
Male Marriage Rate
50.5%
Female Marriage Rate
male
female
The age group where males are most likely to be married is 55-64, while the female age group most likely to be married is 45-54.
Married
Widowed
Divorced
Separated
NeverMarried
Less Than 9th Grade
High School Graduate
Some College
Bachelors or Greater
6.25%
Veteran Poverty Rate
65.63%
Veteran Disability Rate
LaborForceParticipation
63.4%
Labor Force Participation
57.9%
Employment Rate
8.7%
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
79.35%
Born in Lake Valley
98.19%
Native Born
1.81%
Foreign Born
0%
Non Citizen
1.81%
Naturalized
98.19% of Lake Valley residents were born in the United States, with 79.35% having been born in Minnesota. 0% of residents are not US citizens. Of those not born in the United States, the largest percentage are from North America.
Year | Population | Growth | Growth Rate |
|---|---|---|---|
| 2029 | 221 | 3 | 1.38% |
| 2028 | 218 | 3 | 1.4% |
| 2027 | 215 | 3 | 1.42% |
| 2026 | 212 | 3 | 1.44% |
| 2025 | 209 | 3 | 1.46% |
| 2024 | 206 | 3 | 1.48% |
| 2023 | 203 | 3 | 1.5% |
| 2022 | 200 | 3 | 1.52% |
| 2021 | 197 | -4 | -1.99% |
| 2020 | 201 | -22 | -9.87% |
| 2019 | 223 | -2 | -0.89% |
| 2018 | 225 | 1 | 0.45% |
| 2017 | 224 | -2 | -0.88% |
| 2016 | 226 | -2 | -0.88% |
| 2015 | 228 | -1 | -0.44% |
| 2014 | 229 | 0 | 0% |
| 2013 | 229 | 1 | 0.44% |
| 2012 | 228 | -6 | -2.56% |
| 2011 | 234 | -1 | -0.43% |
| 2010 | 235 | 0 | 0% |