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.