Balaton, Minnesota Population 2020

625

Balaton is a city located in Minnesota. With a 2020 population of 625, it is the 450th largest city in Minnesota and the 12363rd largest city in the United States. Balaton is currently declining at a rate of -0.32% annually and its population has decreased by -2.80% since the most recent census, which recorded a population of 643 in 2010. Balaton reached it's highest population of 642 in 2010. Spanning over 2 miles, Balaton has a population density of 431 people per square mile.

The average household income in Balaton is $54,492 with a poverty rate of 20.07%. The median rental costs in recent years comes to $586 per month, and the median house value is $76,500. The median age in Balaton is 36.3 years, 34 years for males, and 37.3 years for females. For every 100 females there are 98.7 males.

Balaton Demographics

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

  • White: 95.02%
  • Two or more races: 2.82%
  • Native American: 2.16%
  • Black or African American: 0.00%
  • Asian: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
  • Other race: 0.00%
The current population of Balaton, Minnesota is 625, based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 629.The last official US Census in 2010 recorded the population at 643.

Balaton, Minnesota Population 2020

Population by Race

Race Population Percentage
White57295.02%
Two or More Races172.82%
American Indian and Alaska Native132.16%

Balaton Population Pyramid 2020

Balaton Median Age

36.3


Total

34


Male

37.3


Female

Balaton Adults

There are 477 adults, (148 of whom are seniors) in Balaton.

Balaton Age Dependency

83

Age Dependency Ratio

45

Old Age Dependency Ratio

38

Child Dependency Ratio

Balaton Sex Ratio

Female

303

50.33%

Male

299

49.67%

Balaton Households and Families

Balaton Renter vs Owner Occupied by Household Type

Balaton Household Types

Type Owner Renter
Married98.2%1.8%
All75.5%24.5%
Male64.7%35.3%
Non Family59.8%40.2%
Female26.7%73.3%

75.5%

Rate of Home Ownership

Type Count Average Size Owned
All2452.3375.5
Married1112.7998.2
Non Family1021.2559.8
Male174.5364.7
Female153.826.7

2.78

Average Family Size

2.33

Average Household Size

15.5%

Unmarried (Opposite Sex)

0%

Unmarried (Same Sex)

Balaton Education

Education Attained Count Percentage
Less Than 9th Grade122.73%
9th to 12th Grade225.00%
High School Graduate19744.77%
Some College8018.18%
Associates Degree5612.73%
Bachelors Degree6414.55%
Graduate Degree92.05%

Balaton Educational Attainment by Race

Name Total High School Bachelors
White42239363
Native American131010
Multiple Races33
Hispanic2

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

The highest rate of bachelors degrees is among native american people with a rate of 76.92%.

Name Average Male Female
Overall$30,188$34,338$28,214
Less Than High School$38,214$39,643$
High School Grad$27,955$32,841$23,125
Some College$30,694$27,000$31,528
Bachelors Degree$38,929$39,286$
Graduate Degree$23,750$$

$30,188

Average Earnings

$34,338

Average Male

$28,214

Average Female

Balaton Language

Balaton Language by Age

Balaton Language

99.05% of Balaton residents speak only English, while 0.95% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 0.57% of the population.

Balaton Poverty

Balaton Poverty by Race

Name Total In Poverty Poverty Rate
White53310319.32%
Multiple10770.00%
Hispanic22100.00%

20.07%

Overall Poverty Rate

14.34%

Male Poverty Rate

25.52%

Female Poverty Rate

Poverty in Balaton

The race most likely to be in poverty in Balaton is Hispanic, with 100.00% below the poverty level.

The race least likely to be in poverty in Balaton is White, with 19.32% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 1.86%. Among those working part-time, it was 28.26%, and for those that did not work, the poverty rate was 26.42%.

Name Poverty
High School17.06%
Less Than High School11.76%
Bachelors or Greater5.48%
Some College5.30%
Name Poverty
Female Unemployed40.00%
Female Employed9.16%
Male Employed6.17%
Male Unemployed0.00%

Balaton Income

Balaton Income by Household Type

Name Median Mean
Households$48,750$54,492
Families$60,938$60,253
Married Families$66,042-
Non Families$31,667$39,619

Balaton Marital Status

Balaton Marital Status

Marriage Rates

49.4%

Overall Marriage Rate

47.6%

Male Marriage Rate

51.2%

Female Marriage Rate

Balaton Married by Age and Sex

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

Balaton Veterans

78

Number of Veterans

71

Male Veterans

7

Female Veterans

War Veterans
Vietnam29
Second Gulf War26
First Gulf War12
Korea6
World War II3
Age Group Veterans
65 to 7427
18 to 3424
75+16
35 to 549
55 to 642

$Balaton Veterans by Education

2.78%

Veteran Poverty Rate

13.89%

Veteran Disability Rate

Balaton Employment Status

62%

Labor Force Participation

59.8%

Employment Rate

3.6%

Unemployment Rate

Balaton Place of Birth

Origin of Non-Citizens

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

Origin of Naturalized Citizens

75.25%

Born in Minnesota

98.67%

Native Born

1.33%

Foreign Born

0.00%

Non Citizen

Place of Birth

98.67% of Balaton residents were born in the United States, with 75.25% 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.

Year Population Growth Annual Growth Rate
2020625-2-0.32%
2019627-2-0.32%
2018629-2-0.32%
2017631-2-0.32%
201663340.64%
2015629-2-0.32%
201463110.16%
2013630-7-1.10%
2012637-5-0.78%
20116420.00%
20106420.00%