Lake Benton is a city located in Lincoln County Minnesota. With a 2020 population of 625, it is the 449th largest city in Minnesota and the 12361st largest city in the United States . Lake Benton is currently declining at a rate of -0.79% annually and its population has decreased by -8.49% since the most recent census, which recorded a population of 683 in 2010. Lake Benton reached it's highest population of 682 in 2010. Spanning over 5 miles, Lake Benton has a population density of 159 people per square mile.
The average household income in Lake Benton is $59,577 with a poverty rate of 10.02%. The median rental costs in recent years comes to $475 per month, and the median house value is $86,700. The median age in Lake Benton is 45.9 years, 43.3 years for males, and 46.4 years for females.