Balaton, Minnesota Population 2021

624
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Balaton is a city located in Lyon County Minnesota. With a 2020 population of 624, it is the 450th largest city in Minnesota and the 12371st largest city in the United States . Balaton is currently declining at a rate of 0.00% annually and its population has decreased by -2.95% since the most recent census, which recorded a population of 643 in 2010. Balaton reached it's highest population of 640 in 2010. Spanning over 2 miles, Balaton has a population density of 430 people per square mile.

The average household income in Balaton is $54,633 with a poverty rate of 17.97%. The median rental costs in recent years comes to $573 per month, and the median house value is $72,500. The median age in Balaton is 40 years, 39.4 years for males, and 44.5 years for females.

Balaton Demographics

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

  • White: 98.17%
  • Two or more races: 1.17%
  • Other race: 0.50%
  • Native American: 0.17%
  • Black or African American: 0.00%
  • Asian: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
The current population of Balaton, Minnesota is 624 based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 624.The last official US Census in 2010 recorded the population at 643.

Balaton, Minnesota Population 2021

Population by Race

Race Population Percentage
White58998.17%
Two or More Races71.17%
Some Other Race30.50%
American Indian and Alaska Native10.17%
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Balaton Population by Race

Balaton Population Pyramid $2021

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Balaton Median Age

40


Total

39.4


Male

44.5


Female

Balaton Adults

There are 484 adults, (145 of whom are seniors) in Balaton.

Balaton Age Dependency

77

Age Dependency Ratio

42.8

Old Age Dependency Ratio

34.2

Child Dependency Ratio

Balaton Sex Ratio

Female

311

51.83%

Male

289

48.17%

Balaton Population by Age

Balaton Renter vs Owner Occupied by Household Type

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Balaton Household Types

Type Owner Renter
Male100%0%
Married98.2%1.8%
All77.9%22.1%
Non Family66.4%33.6%
Female33.3%66.7%

77.9%

Rate of Home Ownership

Balaton Households and Families

Type Count Average Size Owned
All2532.2477.9
Non Family1131.2666.4
Married1132.9198.2
Female243.5833.3
Male33.33100

2.81

Average Family Size

2.24

Average Household Size

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Balaton Households by Type

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Education Attained Count Percentage
Less Than 9th Grade143.17%
9th to 12th Grade214.75%
High School Graduate17740.05%
Some College11626.24%
Associates Degree5011.31%
Bachelors Degree5412.22%
Graduate Degree102.26%
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Balaton Educational Attainment by Sex (over 25)

Balaton Educational Attainment by Race

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Race Total High School Bachelors
White43340564
Hispanic6
2+ Races22
Native American1

The highest rate of high school graduation is among 2+ races people with a rate of 100.00%.

The highest rate of bachelors degrees is among white people with a rate of 14.78%.

Balaton Educational Attainment by Race

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Name Average Male Female
Overall$32,539$35,417$27,857
Less Than 9th Grade$37,679$39,464$
High School Graduate$29,432$34,063$24,375
Some College$32,986$34,659$27,500
Bachelors Degree$46,250$45,625$57,679
Graduate Degree$$$

$32,539

Average Earnings

$35,417

Average Male

$27,857

Average Female

Balaton Earnings by Educational Attainment

Balaton Language by Age

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Balaton Language

97.77% of Balaton residents speak only English, while 2.23% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 1.67% of the population.

Balaton Language

Balaton Poverty by Race

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Name Total In Poverty Poverty Rate
White5459016.51%
Hispanic9666.67%
Multiple7571.43%

17.97%

Overall Poverty Rate

13.43%

Male Poverty Rate

22.11%

Female Poverty Rate

Poverty in Balaton

The race most likely to be in poverty in Balaton is Multiple, with 71.43% below the poverty level.

The race least likely to be in poverty in Balaton is White, with 16.51% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 3.26%. Among those working part-time, it was 18.32%, and for those that did not work, the poverty rate was 24.14%.

Balaton Poverty

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Name Poverty
Less Than 9th Grade25.71%
High School18.06%
Bachelors or Greater7.02%
Some College6.79%

Balaton Poverty Rate by Education

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Rate Poverty
Female Unemployed40.00%
Male Unemployed13.33%
Female Employed5.15%
Male Employed3.33%

Balaton Poverty Rate by Employment Status and Sex

Balaton Income by Household Type

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Name Median Mean
Households$50,313$54,633
Families$61,667$60,833
Married Families$68,542-
Non Families$26,875$38,695
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Income by Household Type

Balaton Marital Status

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Marriage Rates

49.3%

Overall Marriage Rate

48.8%

Male Marriage Rate

49.8%

Female Marriage Rate

Balaton Married by Age and Sex

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Balaton 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 45-54.

Balaton Marital Status by Race

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Balaton Marital Status

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59

Number of Veterans

57

Male Veterans

2

Female Veterans

War Veterans
Vietnam33
Second Gulf War19
First Gulf War6
World War II3
Korea

Balaton Veterans by War

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Age Group Veterans
65 to 7429
18 to 3417
55 to 646
75+5
35 to 542

Balaton Veterans by Age

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Balaton Veterans by Race

Balaton Veterans by Education

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3.39%

Veteran Poverty Rate

15.25%

Veteran Disability Rate

Balaton Veterans by Education

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61.8%

Labor Force Participation

57.8%

Employment Rate

6.5%

Unemployment Rate

Balaton Employment by Age

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Balaton Employment by Race

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Balaton Employment by Education

Origin of Non-Citizens

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

Origin of Naturalized Citizens

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73.67%

Born in Balaton

98.00%

Native Born

2.00%

Foreign Born

0.00%

Non Citizen

2.00%

Naturalized

Place of Birth

98.00% of Balaton residents were born in the United States, with 73.67% having been born in Minnesota. 0.00% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.

Balaton Place of Birth

Year Population Growth Annual Growth Rate
20216240.00%
20206240.00%
20196240.00%
2018624-5-0.79%
2017629-1-0.16%
201663040.64%
2015626-3-0.48%
201462910.16%
2013628-7-1.10%
2012635-4-0.63%
2011639-1-0.16%
20106400.00%

Balaton Population by Year